India’s Leading Bitcoin And Crypto Exchange Unocoin Integrates Lightning

Unocoin, 1 of India’s longest-standing bitcoin and crypto exchanges, has announced the palmy integration of the Lightning Network, a second-layer protocol designed to alteration accelerated and low-cost bitcoin transactions. The integration is powered by Voltage, a U.S.-based infrastructure supplier known for its enterprise-grade Lightning solutions.

This improvement marks a important measurement guardant for bitcoin inferior successful India, particularly successful the discourse of rising request for scalable and cost-effective transactions. By adopting the Lightning Network, Unocoin aims to connection its users instant bitcoin settlements and, successful the adjacent future, Tether (USDT) transfers via the aforesaid network.

“We continuously question ways to amended transaction ratio and cost-effectiveness for our users. With the Lightning Network, powered by Voltage, Unocoin is enabling the fastest, lowest-cost bitcoin and Tether transfers,” said Sathvik Vishwanath, CEO of Unocoin.

Unocoin’s determination comes astatine a clip erstwhile the Indian crypto scenery continues to look regulatory headwinds. While respective exchanges person scaled down oregon exited the market, Unocoin has remained resilient, maintaining operations and idiosyncratic trust. The exchange’s adoption of Lightning exertion reinforces its presumption arsenic a person successful innovation wrong the country’s bitcoin and crypto sector.

“The Lightning Network represents a revolutionary leap successful bitcoin scalability, enabling fast, secure, and cost-effective transactions,” said Graham Krizek, CEO and Founder of Voltage. “By partnering with Unocoin, we purpose to bring these benefits to millions of users successful India, fostering greater adoption and inferior of bitcoin successful regular transactions.”