Binance completes integration of Bitcoin Lightning Network

Quick Take

  • Binance has completed the integration of the Bitcoin Lightning Network.
  • The news means Binance users can now deposit and withdraw bitcoin via the Layer 2 network.

Crypto exchange Binance has completed the integration of the Bitcoin Lightning Network, enabling faster and cheaper bitcoin transactions for users.

Binance first hinted at the Lightning Network integration in May and then set up Lightning nodes in June. Today's full integration means Binance users can now deposit and withdraw bitcoin via the Layer 2 network.

The Bitcoin Lightning Network sets up direct payment channels between users, allowing them to conduct off-chain transactions with minimal fees later settled on the main Bitcoin blockchain. Direct payment channels make sending and receiving bitcoin easier without congesting the main chain.

Lightning Network adoption

Lightning Network adoption has continued to grow over the last year, with its current total capacity of over 5,000 bitcoin (about $152 million), according to The Block's Data Dashboard. The Lightning Network capacity represents the total sum of bitcoin that can be transacted through the network at a given time.

Binance joins several crypto exchanges offering Lightning Network services to users, including Kraken and Bitfinex. In April, Coinbase CEO Brian Armstrong also suggested that the exchange would integrate the Lightning Network in the future.


© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

AUTHOR

Yogita Khatri is a senior reporter at The Block and the author of The Funding newsletter. As our longest-serving editorial member, Yogita has been instrumental in breaking numerous stories, exclusives and scoops. With over 3,000 articles to her name, Yogita is The Block's most-published and most-read author of all time. Before joining The Block, Yogita wrote for CoinDesk and The Economic Times. You can reach her at [email protected] or follow her latest updates on X at @Yogita_Khatri5.

See More
Connect on

Editor

To contact the editor of this story: James Hunt at [email protected]

WHO WE ARE

The Block is a news provider that strives to be the first and final word on digital assets news, research, and data.

+ Follow us on Google News
Connect with the block on