Coinbase Starts Rolling Out Lightning Network Support in Partnership with Lightspark
Coinbase has finally introduced the Lightning Network to its customers, fulfilling a promise made by CEO Brian Armstrong back in April last year.
- "Starting today, support for the Lightning Network via Lightspark will begin rolling out. Enjoy instant, low-cost BTC transfers," announced Coinbase.
"Bitcoin is one of the most important assets in crypto and since our inception, we've continued to support the Bitcoin ecosystem through our exchange and numerous investments through Coinbase Ventures. Adding support for Lightning furthers the growth of the crypto ecosystem by increasing everyday utility for millions of Coinbase customers," the company said in a blog post.
- "Welcome to moving Bitcoin at the speed of light, Coinbase! We're so thrilled to be part of this journey with you to bring Lightning to 100s of millions of people in over 100 countries. Big milestone for the entire network and for Bitcoin. Let's go," David Marcus, CEO and co-founder of Lightspark said on X.
- "Coinbase’s Lightning Network integration is not available in all regions. The cost comparison between the Lightning Network and the traditional Bitcoin network does not apply to all transfers," was clarified in a blog post.
