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Let’s now explore the major developments and ultimate use cases for the Lightning Network in two categories: A) payments/finance and B) Web3. . Use Case I: Payments and Finance . In a world where you’re moving billions of dollars every day with other exchanges and OTC desks, saving a few percentage points on fees means a lot.
It can be done on exchanges or through OTC (over-the-counter) trading. OTC trading is a way of buying and selling Bitcoin outside of an exchange. OTC trading is often used by people who want to buy large amounts of Bitcoin or who want to avoid the fees associated with exchanges. Visit meta-profit.net for further details.
The advent of a cloud-based tool has meant that access to a user's necessary financial data is now extremely easy and only requires an internet connection. HYDR A finance platform for fast and secure invoice financing that complies with UK legal guidelines.
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