The clients can connect to the Lightning Channel feature, powered by Blocktank.
The firm's major Lightning nodes facilitate over 12,000 monthly transactions.
Bitfinex, a digital asset trading
platform, has partnered with Synonym to introduce a feature that simplifies and
accelerates Lightning Network transactions. This collaboration aims to enhance
customer experience by eliminating the complexities associated with
establishing Lightning channels for instant deposits, withdrawals, and payments.
Bitfinex's Enhanced Lightning Channel Feature
The new Lightning Channel
feature, powered by Blocktank, a Synonym subsidiary under Tether Holdings
Limited, offers Bitfinex customers a seamless way to connect with the Blocktank
node within the platform.
Previously, users faced a
cumbersome process involving withdrawing balances to their nodes, navigating
intricate metrics, selecting peers, and manually opening channels.
Alternatively, they had to explore external Lightning Service Providers or
liquidity marketplaces to purchase channels, introducing additional steps and
potential challenges.
Bitfinex, already operating some
of the largest Lightning nodes, now enables users to effortlessly access
substantial receiving capacity without the hassle of traditional procedures.
Handling over 12,000 transactions per month and maintaining an average liquidity
of nearly 800 BTC, Bitfinex's Lightning Network integration has positioned it
as a frontrunner in the realm of digital asset trading.
Paolo Ardoino, the Chief Technology
Officer of Bitfinex, expressed the platform's commitment to delivering
financial freedom: "By collaborating with Synonym, we are
pioneering a new era of lightning-based transactions, reinforcing Bitfinex’s
role as a trailblazer in the digital asset trading landscape." The
Lightning Network's transformative capabilities, facilitating lightning-fast
transactions and significantly reducing costs, make it an attractive solution
for businesses and individuals.
User-Friendly Transactions with
Integrated Blocktank Services
Synonym’s Blocktank, functioning
as a Lightning Service Provider, connects customers to the Lightning Network.
Integrated with the Bitkit wallet and now seamlessly integrated with Bitfinex, it provides
a user-friendly experience for setting up Lightning channels, enabling instant
and borderless payments without the need for third-party custodians.
John Carvalho, the Chief Executive
Officer of Synonym, expressed excitement about Bitfinex's innovation:
"By streamlining access to an economy where money moves at the speed of
light, we are empowering individuals to experience financial freedom on their
terms."
The Lightning Network, Bitcoin's
primary scaling solution, operates as a second-layer protocol designed to
establish payment channels between any two parties. Despite the inherent
volatility of the cryptocurrency
market, the Lightning Network has significantly improved Bitcoin’s capacity to
facilitate swift, sizable, and cost-effective payments.
Bitfinex, a digital asset trading
platform, has partnered with Synonym to introduce a feature that simplifies and
accelerates Lightning Network transactions. This collaboration aims to enhance
customer experience by eliminating the complexities associated with
establishing Lightning channels for instant deposits, withdrawals, and payments.
Bitfinex's Enhanced Lightning Channel Feature
The new Lightning Channel
feature, powered by Blocktank, a Synonym subsidiary under Tether Holdings
Limited, offers Bitfinex customers a seamless way to connect with the Blocktank
node within the platform.
Previously, users faced a
cumbersome process involving withdrawing balances to their nodes, navigating
intricate metrics, selecting peers, and manually opening channels.
Alternatively, they had to explore external Lightning Service Providers or
liquidity marketplaces to purchase channels, introducing additional steps and
potential challenges.
Bitfinex, already operating some
of the largest Lightning nodes, now enables users to effortlessly access
substantial receiving capacity without the hassle of traditional procedures.
Handling over 12,000 transactions per month and maintaining an average liquidity
of nearly 800 BTC, Bitfinex's Lightning Network integration has positioned it
as a frontrunner in the realm of digital asset trading.
Paolo Ardoino, the Chief Technology
Officer of Bitfinex, expressed the platform's commitment to delivering
financial freedom: "By collaborating with Synonym, we are
pioneering a new era of lightning-based transactions, reinforcing Bitfinex’s
role as a trailblazer in the digital asset trading landscape." The
Lightning Network's transformative capabilities, facilitating lightning-fast
transactions and significantly reducing costs, make it an attractive solution
for businesses and individuals.
User-Friendly Transactions with
Integrated Blocktank Services
Synonym’s Blocktank, functioning
as a Lightning Service Provider, connects customers to the Lightning Network.
Integrated with the Bitkit wallet and now seamlessly integrated with Bitfinex, it provides
a user-friendly experience for setting up Lightning channels, enabling instant
and borderless payments without the need for third-party custodians.
John Carvalho, the Chief Executive
Officer of Synonym, expressed excitement about Bitfinex's innovation:
"By streamlining access to an economy where money moves at the speed of
light, we are empowering individuals to experience financial freedom on their
terms."
The Lightning Network, Bitcoin's
primary scaling solution, operates as a second-layer protocol designed to
establish payment channels between any two parties. Despite the inherent
volatility of the cryptocurrency
market, the Lightning Network has significantly improved Bitcoin’s capacity to
facilitate swift, sizable, and cost-effective payments.
Paxos Ups Its Stablecoin Bet: Launches MAS-Compliant USDG
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
FM's Andrea Badiola Mateos at LSEG's Cyprus event
FM's Andrea Badiola Mateos at LSEG's Cyprus event
FM's Andrea Badiola Mateos at speaking in a panel discussion at LSEG's Cyprus event
FM's Andrea Badiola Mateos at speaking in a panel discussion at LSEG's Cyprus event
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar
The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join us at FMLS:24 to connect with global institutional brokers. Secure your spot today! #fmls24
Join us at FMLS:24 to connect with global institutional brokers. Secure your spot today! #fmls24