Post
Topic
Board Service Discussion
Re: Kraken has lowered Bitcoin Lightning withdrawal fee to ZERO
by
mk4
on 29/04/2022, 15:17:18 UTC
What do you think of the impact of this decision on the Lightning Network adoption (if many platforms follow the same approach) and on altcoins that have low withdrawal rates or blockchain with low fees.

Huge props to Kraken for this, but I'm guessing minuscule. We need lightning adoption on exchanges(like Binance) with a lot of retail users that have low net worth. Then newbies will then be incentivized to download a lightning wallet. There's a reason why the BNB chain has so much usage from the newbies despite being such a fundamentally crappy platform compared to it's competitors.