One of India’s longest Bitcoin and crypto exchanges, Unocoin has announced the success of the integration of Lightning Network, a second-tier protocol designed to enable fast and low-cost Bitcoin transactions. The integration comes with Voltage, a US-based infrastructure provider known for its enterprise-grade Lightning Solutions.
This development marks a major step forward for Bitcoin utility in India, particularly in the context of increasing demand for scalable and cost-effective transactions. By adopting the Lightning Network, Unocoin aims to provide users with instant Bitcoin settlements, and in the near future it aims to provide Tether (USDT) transfers over the same network.
“We are constantly looking for ways to improve transaction efficiency and cost-effectiveness for our users. With a voltage-equipped Lightning Network, Unocoin enables the fastest and lowest-cost Bitcoin and tether transfers.”
The Unocoin movement comes as the Indian cryptography landscape continues to face regulatory headwinds. While several exchanges have reduced or left the market, Unocoin is resilient and maintains operational and user trust. The adoption of lightning technology exchanges is reinforcing its position as a leader in innovation within the country’s Bitcoin and crypto sector.
“The Lightning Network represents an innovative leap in Bitcoin’s scalability, enabling fast and secure transactions,” said Graham Krizek, CEO and Founder of Voltage. “By partnering with Unocoin, we aim to bring these benefits to millions of Indian users, promoting the adoption and utility of Bitcoin in daily trading.”
This post India’s leading Bitcoin and Crypto Exchange Unocoin integrates Lightning, first appeared in Bitcoin magazine, written by Vivek Sen Bitcoin.
