{"id":244014,"date":"2024-07-16T14:26:43","date_gmt":"2024-07-16T14:26:43","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/07\/16\/bitso-to-bring-bitcoin-lightning-to-its-8-million-users-via-lightspark\/"},"modified":"2025-06-25T17:14:38","modified_gmt":"2025-06-25T17:14:38","slug":"bitso-to-bring-bitcoin-lightning-to-its-8-million-users-via-lightspark","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/07\/16\/bitso-to-bring-bitcoin-lightning-to-its-8-million-users-via-lightspark\/","title":{"rendered":"Bitso to Bring Bitcoin Lightning to its 8 Million Users via Lightspark"},"content":{"rendered":"<p> [ad_1]<br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MjA2MzQ0NDIzNzY2NzYyODM2\/bitcoin--lightning-the-neutral-settlement-networks-for-the-world--david-marcus-lightspark-ceo.jpg\" \/><\/p>\n<p>Leading Latin American crypto exchange <a href=\"https:\/\/bitcoinmagazine.com\/tags\/bitso\">Bitso<\/a> has partnered with Lightspark to integrate the Bitcoin Lightning Network onto its platform. This will introduce faster, cheaper Bitcoin transactions to Bitso&#8217;s user base of over 8 million retail clients and 1,700 institutional customers.<\/p>\n<p>Bitso will leverage <a href=\"https:\/\/bitcoinmagazine.com\/tags\/lightspark\">Lightspark&#8217;s<\/a> infrastructure to enable Lightning transfers. Lightspark will host the nodes while Bitso retains control of the private keys in a remote signing setup.<\/p>\n<p>The integration comes as <a href=\"https:\/\/bitcoinmagazine.com\/tags\/lightning-network\">Lightning Network<\/a> adoption spreads globally, making payments with Bitcoin faster, smoother and less expensive.<\/p>\n<p>According to Bitso&#8217;s research, 53% of crypto wallets in <a href=\"https:\/\/bitcoinmagazine.com\/tags\/latin-america\">Latin America<\/a> hold Bitcoin. Trading pairs against local fiat currencies are also widely used. Thus, Lightning is a natural fit to upgrade Bitso&#8217;s existing infrastructure.<\/p>\n<p>Daniel Vogel, co-founder and CEO of Bitso, said, &#8220;We&#8217;re thrilled to partner with Lightspark to bring Lightning to our platform. This advances our mission of making crypto useful by delivering faster, more cost-effective, and transparent money transfers.&#8221;<\/p>\n<p>With Lightning, Bitso can offer near-instant Bitcoin transactions at a fraction of the cost of regular on-chain Bitcoin payments. This unlocks new potential payment and remittance solutions for both retail and enterprise clients.<\/p>\n<p>Lightspark CEO <a href=\"https:\/\/bitcoinmagazine.com\/tags\/david-marcus\">David Marcus<\/a> said Bitso &#8220;shares our vision of building open payments for the Internet. This gets us closer to that goal. We know people across Latin America want this solution.&#8221;<\/p>\n<p>As a pioneering Latin American exchange with millions of users, Bitso&#8217;s integration of Lightning is a milestone in increasing Bitcoin adoption.\u00a0<\/p>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/bitcoinmagazine.com\/business\/bitso-to-bring-bitcoin-lightning-to-its-8-million-users-via-lightspark\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Leading Latin American crypto exchange Bitso has partnered with Lightspark to integrate the Bitcoin Lightning Network onto its platform. This will introduce faster, cheaper<\/p>\n","protected":false},"author":1,"featured_media":244015,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[172],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/244014"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=244014"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/244014\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/244015"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=244014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=244014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=244014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}