Welcome to this post, where we are going to solve a question about Bitcoin and upgrading to the lighting network.
The answer is No. At this very moment, we don’t find the option to withdraw Bitcoin or other cryptocurrencies using this network. But luckily, there are alternatives if you want to use the lighting network.
Even if you do not make deposits using the lighting network in KuCoin until you find this network enabled when you go to deposits and bitcoin. Otherwise you may lose the cryptocurrencies you send using this network.
On most exchanges you will not be able to find this network to make withdrawals, as it is not implemented. Some of the platforms that you can use this network are Kraken or Bitfinex among more than 20 exchanges that currently already have this network incorporated.
Although at the moment there are only a little more than 20 exchanges, with time it is very likely that it will start to be available on platforms such as kucoin or Binance and you will not need to use other platforms.
I hope this has helped you to understand how the lighting network works in KuCoin. Remember, if you don’t have an account with Binance, you can create one just below.
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies
