Bitcoin Lightning Network on WhiteBIT: Faster BTC Deposits and Withdrawals
Bitcoin transactions on WhiteBIT are getting faster. Our exchange now supports Lightning Transactions, allowing users to deposit and withdraw BTC via the Bitcoin Lightning Network.
Lightning provides an additional way to move Bitcoin between the exchange and compatible external wallets or platforms, with transactions typically processed much faster than standard on-chain Bitcoin transfers.
This means more flexibility when funding an account, withdrawing BTC, or moving Bitcoin between services that support Lightning.
Deposit or withdraw BTC via Lightning
What is the Bitcoin Lightning Network?
It is a payment protocol built on top of the Bitcoin network. It is designed to enable faster transactions without requiring every individual transfer to be recorded immediately on the Bitcoin blockchain.
Instead, Lightning transactions take place through payment channels between participants. Multiple transactions can be processed through these channels, while the underlying Bitcoin network remains the final settlement layer.
This approach makes Lightning particularly suitable for frequent and smaller-value BTC transactions, where transaction speed and efficiency can be especially important.
What are Lightning transactions on WhiteBIT?
With the new functionality, our exchange users can choose the Lightning Network as an alternative to the standard Bitcoin network when depositing or withdrawing BTC.
The main difference is the way the transaction is processed. Standard BTC transfers are recorded directly on the Bitcoin blockchain and depend on network confirmations. Lightning transactions are processed through Bitcoin’s layer 2, enabling instant payments.
As a result, users can choose between Lightning and on-chain transfers based on wallet compatibility, transaction amount, fees, and required processing time.
Lightning transaction fees and limits on WhiteBIT
The following fees apply to BTC transactions made through the Lightning Network:
| Transaction | Fee |
| BTC deposit via Lightning | 0.25% |
| BTC withdrawal via Lightning | 0.15% |
These fees apply specifically to Lightning Transactions and differ from the conditions for standard on-chain BTC deposits and withdrawals.
Limits for deposits and withdrawals look like this:
| Min | Max | |
| Deposits | 0,0001 BTC | 0,06 BTC |
| Withdrawals | 0,0001 BTC | 0,06 BTC |
How to deposit BTC via Lightning on WhiteBIT
To deposit Bitcoin using the Lightning Network:
- Open “Deposit” on WhiteBIT and select BTC.
- Select Lightning as the transaction network.
- Generate the payment details.
- Scan the QR code or copy the payment details to complete the transaction from a Lightning-compatible wallet or service.
- Confirm the transaction in the sending wallet.
Once the Lightning transaction is successfully processed, the BTC will be credited to your WhiteBIT balance.
Make sure the sending wallet or platform supports the Bitcoin Lightning Network before initiating the transaction.
How to withdraw BTC via Lightning
To withdraw Bitcoin through Lightning:
- Open “Withdrawal” and select BTC.
- Select Lightning as the transaction network.
- Scan the QR code or enter the payment details provided by the receiving Lightning wallet or service.
- Enter the amount and review the transaction details.
- Confirm the withdrawal.
The receiving service must support Lightning transactions. Some examples of Lightning-compatible wallets include:
- Phoenix Wallet — a self-custodial wallet with automated Lightning channel management.
- Wallet of Satoshi — a mobile wallet with a simple setup designed for straightforward Lightning transactions.
- Strike — supports Lightning payments and fiat-to-Lightning payment flows.
- Blink Wallet — supports Lightning payments, including smaller transactions and merchant payments.
- ZEUS — provides advanced Lightning functionality, including node and liquidity management.
This list is provided for informational purposes only and does not constitute an endorsement of any third-party service. Before making a transaction, check that the selected wallet or service supports the Bitcoin Lightning Network and verify the network and payment details.
Bitcoin remains at the center of the digital asset ecosystem, while the infrastructure around it continues to evolve. Adding Lightning Transactions gives WhiteBIT users a faster way to move BTC while keeping the standard Bitcoin network available.
Deposit or withdraw BTC via Lightning
