Share this article
OKEx Goes Live With Bitcoin Lightning Network Deposits, Withdrawals
OKEx is the seventh major exchange to add the scaling solution.
Updated Sep 14, 2021, 12:42 p.m. Published Apr 19, 2021, 4:34 p.m.
Crypto exchange OKEx’s support for Bitcoin’s Lightning Network is now live.
STORY CONTINUES BELOW
The Lightning Network is a second layer that works atop Bitcoin to facilitate faster and cheaper transactions than Bitcoin’s primary network.
The exchange announced the integration in February.
Read more: Bitcoin’s Lightning Network Now Has 10K Active Nodes and $69M in Locked Value
“OKEx is pleased to announce that BTC Lightning Network is now live on OKEx website, enabling much faster and cheaper BTC transfers. OKEx users are now able to use the Lightning Network for both BTC deposits and withdrawals,” a press release reads.
Last year and 2021 have been bedrock years for Lightning Network adoption among exchanges, which have added the feature in a bid to lower withdrawal and deposit fees for clients when moving funds through exchanges.
OKEx is the seventh major cryptocurrency exchange to integrate the tech stack. The others include stalwarts OKCoin, Bitfinex and River Financial, while Kraken exchange’s own integration is expected this year.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
ZKsync Lite to Shut Down in 2026 as Matter Labs Moves On
The company framed the move, happening in early 2026, as a planned sunset.
What to know:
- Matter Labs plans to deprecate ZKsync Lite, the first iteration of its Ethereum layer-2 network, the team said in a post on X over the weekend.
- The company framed the move, happening in early 2026, as a planned sunset for an early proof-of-concept that helped validate their zero-knowledge rollup design choices before newer systems went live.
Top Stories
