Post
Topic
Board Exchanges
Re: Withdraw Fees for BTC and ETH
by
Charles-Tim
on 08/02/2024, 00:23:46 UTC
The same happens to Bitcoin. Using BTC Network and LIGHTNING makes a crazy difference in fees. What is really the difference?
The difference is that lightning network is not as secure as bitcoin on-chain network. Also that you can not use the lightning network for transactions huge in amount to save fee. Lightning network wallets has to be online while you can transfer bitcoin onchain while using cold storage wallets and other secure means. For security reasons, you still have to depend on bitcoin blockchain.