Unocoin, one among 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 combination is powered by Voltage, a U.S.-based infrastructure supplier identified for its enterprise-grade Lightning options.
This growth 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 Community, Unocoin goals to supply its customers prompt bitcoin settlements and, within the close to future, Tether (USDT) transfers by way of the identical community.
“We continuously seek ways to improve transaction efficiency and cost-effectiveness for our users. With the Lightning Network, powered by Voltage, Unocoin is enabling the fastest, lowest-cost bitcoin and Tether transfers,” mentioned 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 consumer belief. The change’s adoption of Lightning expertise reinforces its place as a frontrunner in innovation throughout the nation’s bitcoin and crypto sector.
“The Lightning Network represents a revolutionary leap in bitcoin scalability, enabling fast, secure, and cost-effective transactions,” mentioned Graham Krizek, CEO and Founding father of Voltage. “By partnering with Unocoin, we aim to bring these benefits to millions of users in India, fostering greater adoption and utility of bitcoin in daily transactions.”
