/LightningExchanges

Let's keep track of the exchanges that support Lightning Network

LightningExchanges

Let's keep track of the exchanges that support Lightning Network

Lightning Network (LNP) is a structure of payment channels open between private individuals and/or companies and represents the scaling solution for Bitcoin; that's why we often called it also the Bitcoin' Second Layer.

With Lightning we can potentially make hundreds of thousands if not million transactions per second and so reach any part of the World (almost) instantaneously.

Lightning therefore constitutes a true P2P network, in full compliance with the abstract of the Bitcoin whitepaper created by Satoshi Nakamoto, while the Base (Settlement) Layer, with its blockchain, is more similar to a broadcast system, since the transaction transcription and so their irreversibility depends on the miners.

We will see many exchanges in the near future that will implement Lightning: it's fast, reliable, and the capacity is increasing thanks to the Wumbo channels.

My proposal is to collect the exchanges that already implemented Lightning Network or plan to do it in a simple table and keep it update. So, let's do it!

Exchange Lightning Support? Activation Status Proof of Support Top Cryptocurrency Spot Exchanges Position Node URI KYC on deposit/withdraw Min. Chan Capacity (BTC)
Binance NO n.a. 🔴 n.a. 1 n.a. n.a. n.a.
Coinbase NO n.a. 🔴 n.a. 2 n.a. n.a. n.a.
Kraken Declared 2021 blog 3 n.a. n.a. n.a.
Bitfinex YES September 2020 blog 4 Link bfx-lnd0, bfx-lnd1 YES 0.04
Bithumb NO n.a. 🔴 n.a. 5 n.a. n.a. n.a.
------------ --------- -------- ---- -------- -------- -------- -------- -----
Bitstamp YES July 2019 🟡 website 8 Link ln.bitstamp.net YES 0.0002
OKEx YES April 2021 blog 15 Link okex YES 0.04
OKcoin YES March 2021 Twitter 32 Link okcoin YES 0.04
NiceHash YES Q3 2020 website 116 Link ln.nicehash.com n.a. 0.005
TheRockTrading YES January 2021 website 117 Link TheRockLightning YES 0.0002
Southxchange YES Q3 2018 Twitter 176 Link southxchange.com NO 0.0002
CoinCorner YES Q1 2021 Twitter 242 n.a. n.a. n.a.
BitMex YES August 2018 🟡 Twitter 247 Link BitMexResearch YES n.a.
Buda YES Q3 2018 blog 248 n.a. YES n.a.
Paxful YES September 2021 article n.a. n.a. n.a. n.a.
BullBitcoin YES September 2021 article n.a. Link bullbitcoin.com n.a. n.a.
Bitaroo YES September 2019 Twitter n.a. n.a. YES n.a.
River Financial YES October 2019 Twitter n.a. Link ln.river.com YES n.a.
VBTC Vietnam YES January 2021 Twitter n.a. n.a. YES n.a.
FixedFloat YES February 2019 blog n.a. Link fixedfloat.com NO n.a.
LOFT YES February 2021 Twitter n.a. n.a. YES n.a.

I invite the representatives of the exchanges to signal their support to Lightning Network also in this repo.

Legend:

🔴 Non-active

⏳ In progress...

⚡ Feel the power of Lightning!

🟡 Signalling support (example: the exchange has LN nodes, will fully support LN but at the moment doesn't support deposits/withdrawals)

💩 Admittedly against Lightning activation