Move Bitcoin Faster with BTC Lightning on Ndax

We’re excited to introduce BTC Lightning Network support for Bitcoin deposits and withdrawals on Ndax. With Lightning, users now have a faster, lower-cost way to transfer BTC, especially for smaller or time-sensitive transactions. The traditional Bitcoin network remains available, while Lightning adds greater flexibility for users who want a more efficient way to move Bitcoin. 

If You Only Read One Thing (TL;DR)

  • BTC Lightning deposits and withdrawals are now available on Ndax  
  • Lightning gives users a faster, lower-cost way to move BTC  
  • Lightning supports fast Bitcoin transfers through a Lightning-compatible wallet or platform  
  • Standard Lightning deposit fee: 0.2%  
  • Standard Lightning withdrawal fee: 0.1%  
  • For the first 3 months, Lightning deposits and withdrawals will be free  
  • Lightning deposit limits: min 0.000001 BTC, max 1 BTC  
  • Lightning withdrawal limits: min 0.000001 BTC, max 0.1 BTC 

Why We Added BTC Lightning

Bitcoin is one of the world’s most recognized cryptocurrencies, but sending BTC on the base Bitcoin network can sometimes take longer to confirm and may come with higher fees during periods of network congestion. The Lightning Network helps address this by offering a faster, lower-cost way to transfer BTC.

This gives Ndax users more flexibility in how they move Bitcoin. For some transfers, the traditional Bitcoin network may still be the preferred choice. But when speed and cost matter more, Lightning provides another way to get the job done. The goal is simple: give users more choice based on what works best for their needs.

To understand why this matters, it helps to look at what the Lightning Network is and how it works at a high level. 

What Is BTC Lightning?

The Lightning Network is a second-layer protocol built on top of the Bitcoin blockchain. Instead of recording every transaction directly on the Bitcoin blockchain, the Lightning Network enables transactions to be routed through a second-layer network designed for speed and efficiency.

For Ndax users, that means Lightning can be a practical option for moving BTC between compatible wallets and platforms, especially when lower fees and faster settlement are a priority.

Getting Started with BTC Lightning on Ndax

Users will now see Lightning as a network option when depositing or withdrawing BTC on Ndax.

Because Lightning deposits and withdrawals work differently from standard BTC transfers, including the use of invoices, fixed amounts, and expiry windows, we recommend reviewing our support article before getting started. It includes step-by-step instructions for depositing and withdrawing BTC using Lightning on Ndax.

Benefits of Using BTC Lightning on Ndax

Faster network settlement 
Once a BTC withdrawal is processed and sent from Ndax, the Lightning Network can provide faster settlement than the traditional Bitcoin network. For users transferring BTC between compatible wallets and platforms, that can create a more efficient transfer experience.

Lower-cost transfers 
BTC Lightning adds a lower-cost way to move Bitcoin on Ndax. With standard fees of 0.2% for deposits and 0.1% for withdrawals, Lightning can be a practical option for users looking for a more efficient transfer experience. For the first 3 months after launch, both Lightning deposits and withdrawals will be free.

Better for smaller or time-sensitive transfers 
Lightning can be especially useful for smaller Bitcoin transactions, where fees on the base layer may represent a larger share of the transfer. It can also be a strong option when users want BTC moved more efficiently.

More flexibility for Bitcoin users 
This launch gives Ndax users more flexibility in how they move Bitcoin. The traditional Bitcoin network remains available, while Lightning adds another transfer option for users who value speed and efficiency.

Useful as a payment rail 
BTC Lightning is not just a new feature on Ndax. It is a payment rail that can support real-world Bitcoin movement, including faster transfers for users and potential payment use cases for merchants using Lightning-compatible wallets or platforms. This makes Lightning more than a convenience feature. It adds practical infrastructure for moving Bitcoin more efficiently. 

What to Know Before You Use It

Lightning transactions work a little differently from standard BTC transfers, so there are a few important details to keep in mind.

Lightning invoices are amount-specific, which means the amount in the invoice cannot be changed. They also expire after 24 hours if unused, and each invoice is single-use. Users need a Lightning-compatible wallet or platform to send or receive Lightning transactions.

For withdrawals, users should review invoice details carefully before submitting. Once a Lightning withdrawal is completed, it cannot be cancelled or reversed.

BTC Lightning withdrawal limits on Ndax are a minimum of 0.000001 BTC and a maximum of 0.1 BTC per transaction. BTC Lightning deposit limits are a minimum of 0.000001 BTC and a maximum of 1 BTC per transaction.

As with other crypto withdrawals on Ndax, users will still need to complete 2FA and email confirmation. 

Launch Promotion

To celebrate the launch of BTC Lightning on Ndax, we’re introducing a limited-time promotion at launch:

Regular

  • Lightning deposit fee: 0.2%  
  • Lightning withdrawal fee: 0.1%  

Special launch promotion

  • For the first 3 months, Lightning deposits will be FREE
  • For the first 3 months, Lightning withdrawals will be FREE

This promotion is designed to encourage users to try Lightning and experience a faster, lower-cost way to move Bitcoin. 

A New Option for Moving Bitcoin

BTC Lightning gives Ndax users more choice in how they move Bitcoin.

Whether you’re sending BTC to a compatible wallet, moving funds between platforms, or looking for a more efficient option for smaller transfers, Lightning adds a flexible new network option alongside the traditional Bitcoin network.

If you’re new to Lightning and want to learn more about how it works, check out our BTC Lightning 101 guide


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Disclaimer: This article is not intended to provide investment, legal, accounting, tax or any other advice and should not be relied on in that or any other regard. The information contained herein is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of cryptocurrencies or otherwise.