Lightning Network Keeps Small Crypto Exchanges Afloat
The Lightning network creates special conditions for operation of crypto exchanges in developing markets which allows small projects to choose quality, not quantity.
They attract users by issuing wallets based on the Lightning network. With their help, you can transfer BTC directly and instantly to any wallet with the support of this technology.
This is their main thing which differs them from such giants as Coinbase and Binance, offering hundreds of currency pairs for trading, but not planning to implement Lightning support in the near future.
E-CHAT Team’s Opinion
Small exchanges are improving their functionality, optimizing the provided services. The user gets more control, convenient options for managing settings, as well as routing. This contrasts with the broader industry standard when the Lightning Network is considered too experimental for retail users.