Paxful Lightning Network Integration – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides


Peer-to-peer bitcoin exchange Paxful announced that its platform has fully integrated the Lightning Network, Bitcoin’s second-layer scaling solution. The firm, one of the leading peer-to-peer trading platforms worldwide, will now allow its more than seven million users to transact bitcoin across the globe more quickly and cheaply.

“Bitcoin is hands down the best financial option for the people who really drive economies forward,” said Ray Youssef, Paxful’s co-founder and CEO, in the announcement. “But in order for it to succeed and usher in global adoption, we need to overcome the issue of scale. The industry’s greatest chance of Bitcoin scalability is through Lightning, which makes micropayments exceedingly cheaper and faster.”





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