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WhiteBIT Integrates Lightning Network for Bitcoin Deposits and Withdrawals

Swiss crypto exchange WhiteBIT has integrated the Lightning Network, enabling users to deposit and withdraw bitcoin through the layer-2 network at a 0.25% deposit fee and a 0.15% withdrawal fee. The feature is supported by bitcoin infrastructure provider Voltage, and users can complete transactions via QR code or payment information.

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AI take

Lightning integration is becoming table stakes for exchanges competing on Bitcoin settlement speed and cost, so WhiteBIT's move is less a differentiator than a defensive catch-up. The notable detail is the reliance on Voltage, a third-party infrastructure provider, which keeps the exchange out of the node-management business but adds a dependency layer worth monitoring. The open question is whether Lightning volumes justify the operational overhead, and whether the fee structure holds as more venues adopt similar rails.

Generated by AI for reference only.

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