🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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The encryption trading platform is the first to support Bitcoin Lighting Network, significantly improving BTC deposit and withdrawal efficiency.
Recently, a well-known Crypto Assets exchange announced that it will start supporting Bitcoin Lighting Network from December 3rd. Users can utilize this new feature to deposit or withdraw BTC to their account via the Lighting Network. This initiative may make the platform the first mainstream Crypto Assets exchange to support the Lighting Network.
The platform's Chief Technology Officer also revealed that they plan to collaborate with a development team called RGB to launch stablecoins and their gold-backed versions, bringing these stablecoins into the Lighting Network ecosystem.
As one of the earliest exchanges to provide support for the Lighting Network, the new feature on the platform will allow users to instantly withdraw and store Bitcoin through the Lighting Network.
The Chief Technology Officer stated: "We believe the Lighting Network has the potential to be a game changer in the industry. It can enable peer-to-peer micropayments with low fees and high throughput, and its peer-to-peer nature holds tremendous development potential."
This initiative reflects the cryptocurrency industry's ongoing pursuit of improving transaction efficiency and reducing costs. The Lightning Network, as one of the Bitcoin scaling solutions, may pave the way for broader adoption through its application on mainstream exchanges.