Revolut Introduces Bitcoin Lightning Network for UK & EEA Users

Revolut has partnered with Lightspark to integrate Bitcoin’s Lightning Network into its payments system, offering users in the UK and select European Economic Area (EEA) countries faster and cheaper cryptocurrency transactions. Revolut now leverages the Lightning Network through Lightspark to enable instant payments with reduced fees. This move aims to lower transaction costs and reduce delays, utilizing Lightspark’s “open money grid” infrastructure. ⚡️ Revolut’s GM of Crypto, Emil Urmanshin, emphasizes that this integration aligns with the company’s goal of providing faster and more accessible financial services. 💰 🌎 The integration follows Revolut’s launch of its mobile crypto exchange app, Revolut X, enabling users to trade over 400 cryptocurrencies and tokens. This expanded platform is part of Revolut’s strategy for global growth following announcements of European expansion plans for 2024. 🇪🇺