Unocoin Integrates Lightning Network to Enable Fast, Low-Cost Bitcoin and Tether Transactions in India

11 April 2025 | Friday | News

In partnership with Voltage, Unocoin reinforces its leadership with scalable, instant payments amid a challenging regulatory landscape
Image Source : Public Domain

Image Source : Public Domain

 UnocoinIndia's leading cryptocurrency exchange, proudly announces the integration of the Lightning Network, powered by Voltage, the longest-standing Lightning payments provider. This upgrade enables the fastest and lowest-cost Bitcoin transactions while also supporting cheaper, instant Tether transfers—aligning with Tether's recent announcement to issue its stablecoin on Lightning, as revealed at the Plan B El Salvador Conference.

In 2024, India's crypto industry faced major regulatory challenges, forcing many exchanges to shut down. Unocoin remained resilient as the country's most trusted exchange, further solidifying its leadership with this integration. By leveraging the Lightning Network's second-layer technology, Unocoin enhances transaction efficiency with off-chain settlements, reducing costs and improving user experience.

 

"The Lightning Network represents a revolutionary leap in Bitcoin scalability, enabling fast, secure, and cost-effective transactions," said Graham Krizek, CEO and Founder of Voltage. "By partnering with Unocoin, we aim to bring these benefits to millions of users in India, fostering greater adoption and utility of Bitcoin in daily transactions."Sathvik Vishwanath, CEO of Unocoin, expressed his enthusiasm about the collaboration, "As India's longest-standing crypto exchange, we continuously seek ways to improve transaction efficiency and cost-effectiveness for our users. With the Lightning Network, powered by Voltage, Unocoin is enabling the fastest, lowest-cost Bitcoin and Tether transfers, ensuring our users stay ahead in the evolving digital asset landscape."

Voltage, renowned for its robust and scalable Lightning Network infrastructure, brings extensive experience to this partnership. Their enterprise-grade solutions ensure that Unocoin's integration is secure, reliable, and capable of handling high transaction volumes, catering to the dynamic needs of the Indian market.

This integration not only enhances transaction efficiency but also underscores Unocoin's resilience and leadership in the Indian cryptocurrency ecosystem. By adopting the Lightning Network, Unocoin continues to set industry benchmarks, offering innovative solutions that meet the evolving demands of its users.

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