I was sending a few satoshis to a Binance exchange but they got delayed and the reason was the sudden hike in transaction fees. I did apply the fee suggested by my wallet and still, this happened. This situation led me to check whether Bitcoin LN is supported by Binance and I found out that it does not.
Then it led me to think why would Binance not integrate LN wherein they support multiple non-Bitcoin blockchains for transfer. I went ahead and did some Google searches and found one recently updated article on
Medium. There was a list that had a handful of known and trusted CEX & DEX that have integrated LN into their infrastructure.
Known CEX that supports Bitcoin LN:
- Bitfinex [NO KYC]
- Kraken
- OKEx
Known DEX that supports Bitcoin LN:
If these exchanges can integrate Bitcoin LN then why big exchanges like Binance & Coinbase do not support Bitcoin LN? If these two exchanges integrate LN then it would help everyone and also promote Bitcoin LN. As we all have an account on either of these two big exchanges.