Bitget partners with Sumsub to enhance AIdriven KYC verification Fighting deepfake scams

The Lightning Network has solved multiple problems plaguing cryptocurrency transactions. Firstly, it addresses the issue of slow transaction confirmation speeds, where currently higher fee payers are prioritized, leading to longer wait times for lower fee payers. Secondly, it aims to reduce the high energy costs associated with proposing transaction blocks. Lastly, by utilizing smart contracts and multi-signature as core components, the network ensures that designated recipients securely receive their funds, guaranteeing efficient fund allocation through channels. Currently, Bitget users can choose the Lightning Network as a new option for depositing or selling bitcoins.