The popular BlueWallet wallet has announced a partnership with the HodlHodl P2P platform, which will add Bitcoin trading with Lightning Network transaction support.
Thanks to the partnership, users of the two services will be able to instantly trade cryptocurrency both within the network and through the Lightning Network. The companies have not yet announced the official launch date, but they plan to implement the initiative at the end of 2019 or in the first half of 2020.
Using a special feature designed to increase liquidity on both platforms and accelerate the implementation of Lightning, BlueWallet users will be able to buy and sell BTC from HodlHodl listings, as well as benefit from an effective multi-signature escrow system.
“This year we tried to popularize Lightning by doing many experiments. For the first time, we integrate directly with the trading platform while providing Lightning support, ”said Nuno Coelho, CEO of BlueWallet.
HodlHodl CEO Max Keidun noted:
“BlueWallet is one of many partners who are going to use our API technology, and we plan to make many important announcements in the coming months. We believe that this integration will add more liquidity to HodlHodl, especially in transactions with Lightning support, and expect this partnership to help spread Lightning. ”
Recall that in May, the BlueWallet wallet released an Apple smartwatch compatible version of its application. This was the first attempt to provide Lightning Network support for Apple devices.