{"id":49424,"date":"2021-09-14T15:00:05","date_gmt":"2021-09-14T12:00:05","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=49424"},"modified":"2025-09-02T12:35:49","modified_gmt":"2025-09-02T09:35:49","slug":"paxful-integrates-lightning-network","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/paxful-integrates-lightning-network\/","title":{"rendered":"Paxful Integrates Lightning Network"},"content":{"rendered":"<p>On September 14, the Paxful P2P platform for Bitcoin trading announced the integration of the Lightning Network payment protocol. This was <a href=\\\"https:\/\/paxful.com\/blog\/lighting-network-integration\/\\\">reported<\/a> in a press release.<\/p>\n<p>The new feature will allow the company to reduce fees for Bitcoin transactions.<\/p>\n<blockquote>\n<p>\u201cWhen users send or receive bitcoins through the Lightning Network using the Paxful wallet, their bitcoin balance is used as if they were transferring it on-chain,\u201d said representatives of the platform.<\/p>\n<\/blockquote>\n<p>Instant processing will allow customers to use the Lightning Network for both P2P transfers and for paying for goods and services.<\/p>\n<blockquote>\n<p>\u201cThe industry&#8217;s hopes for speed and low-cost transfers in the Bitcoin network are precisely tied to the Lightning Network. Integrating this technology into our peer-to-peer platform will give users financial freedom and make buying coffee with bitcoin feasible,\u201d commented Paxful CEO Ray Youssef.<\/p>\n<\/blockquote>\n<blockquote class=\\\"wp-embedded-content\\\" data-secret=\\\"0OrJjA5hZG\\\">\n<p><a href=\"https:\/\/forklog.com\/en\/news\/lightning-network-faster-cheaper-bitcoin-transactions\">Lightning Network: fast and cheap Bitcoin transactions<\/a><\/p>\n<\/blockquote>\n<p><iframe loading=\\\"lazy\\\" class=\\\"wp-embedded-content\\\" sandbox=\\\"allow-scripts\\\" security=\\\"restricted\\\" style=\\\"position: absolute; visibility: hidden;\\\" title=\\\"\u00abLightning Network: fast and cheap Bitcoin transactions\u00bb \u2014 ForkLog\\\" src=\\\"https:\/\/forklog.com\/cryptorium\/chto-takoe-lightning-network-rukovodstvo-dlya-nachinayushhih\/embed#?secret=oiHERDj2vk#?secret=0OrJjA5hZG\\\" data-secret=\\\"0OrJjA5hZG\\\" width=\\\"500\\\" height=\\\"282\\\" frameborder=\\\"0\\\" marginwidth=\\\"0\\\" marginheight=\\\"0\\\" scrolling=\\\"no\\\"><\/iframe><\/p>\n<p>According to Coin Dance, Paxful&#8217;s weekly trading volume on the platform <a href=\\\"https:\/\/coin.dance\/volume\/paxful\/ALL\\\">exceeds $40 million<\/a>.<\/p>\n<p>Earlier, in March 2020, Paxful integrated Chainalysis solutions for monitoring suspicious transactions.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog Feed<\/a> \u2014 the full news stream, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog<\/a> \u2014 the most important news, infographics and opinions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On September 14, the Paxful P2P platform for trading Bitcoin announced the integration of the Lightning Network.<\/p>\n","protected":false},"author":1,"featured_media":49425,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[325,455,1526],"class_list":["post-49424","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-lightning-network","tag-p2p","tag-paxful"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/49424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=49424"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/49424\/revisions"}],"predecessor-version":[{"id":49426,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/49424\/revisions\/49426"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/49425"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=49424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=49424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=49424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}