Unocoin, certainly one of India’s longest-standing bitcoin and crypto exchanges, has introduced the profitable integration of the Lightning Community, a second-layer protocol designed to allow quick and low-cost bitcoin transactions. The mixing is powered by Voltage, a U.S.-based infrastructure supplier recognized for its enterprise-grade Lightning options.
This improvement marks a big step ahead for bitcoin utility in India, particularly within the context of rising demand for scalable and cost-effective transactions. By adopting the Lightning Network, Unocoin goals to supply its customers on the spot bitcoin settlements and, within the close to future, Tether (USDT) transfers by way of the identical community.
“We constantly search methods to enhance transaction effectivity and cost-effectiveness for our customers. With the Lightning Community, powered by Voltage, Unocoin is enabling the quickest, lowest-cost bitcoin and Tether transfers,” stated Sathvik Vishwanath, CEO of Unocoin.
Unocoin’s transfer comes at a time when the Indian crypto panorama continues to face regulatory headwinds. Whereas a number of exchanges have scaled down or exited the market, Unocoin has remained resilient, sustaining operations and person belief. The alternate’s adoption of Lightning expertise reinforces its place as a pacesetter in innovation throughout the nation’s bitcoin and crypto sector.
“The Lightning Community represents a revolutionary leap in bitcoin scalability, enabling quick, safe, and cost-effective transactions,” stated Graham Krizek, CEO and Founding father of Voltage. “By partnering with Unocoin, we intention to convey these advantages to tens of millions of customers in India, fostering higher adoption and utility of bitcoin in day by day transactions.”