Bitget partners with Sumsub to upgrade AIdriven KYC verification Combating deepfake fraud

The Lightning Network has solved multiple issues troubling cryptocurrency trading. Firstly, it addresses the problem of slow transaction confirmation speeds, where currently higher fee payers are prioritized, resulting in longer waiting times for lower fee payers. Secondly, it aims to reduce the high energy costs of proposing transaction blocks. Finally, by utilizing smart contracts and multi-signature as core components, the network ensures that designated recipients safely receive their funds and guarantees efficient fund allocation through channels. Currently, Bitget users can choose the Lightning Network as a new option for depositing or selling bitcoins.