The popular BlueWallet wallet has announced a partnership with the p2p platform HodlHodl, 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 inside the network and through the Lightning Network. The companies have not yet announced an official launch date, but plan to implement the initiative in late 2019 or the first half of 2020.
With 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 efficient multi-signature escrow system.
“This year, we tried to popularize Lightning by conducting many experiments. We are integrating directly with the trading platform for the first time, while providing Lightning support,” said BlueWallet CEO Nuno Coelho.
CEO HodlHodl Max Kaidun (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 this integration will add more HodlHodl liquidity, especially in Lightning-enabled transactions, and we expect this partnership to contribute to the spread of Lightning.”
Recall that in may, the BlueWallet wallet released a version of its app compatible with Apple’s smartwatch. This was the first attempt to provide Lightning Network support for Apple devices.