In one of the latest developments, crypto exchange Binance seems to have started direct withdrawals to Layer Two Ethereum Networks. Popular crypto analysts Lark Davis was the first to spot this development by sharing a screenshot on his Twitter profile.
Oh boy…… Binance just enabled direct withdrawals to layer two #ethereum!!!!
HUGE NEWS!!!! pic.twitter.com/4B2t2nV9OB
— Lark Davis (@TheCryptoLark) January 14, 2022
Back in November 2021, Binance had already made the announcement of integrating the Arbitrum One network and simultaneously opening up deposits for ETH on Arbitrum One Layer 2.
The latest development means that users can now deposit as well as deposit ETH to their Binance accounts using the Arbitrum One Layer 2 solution. Amid the skyrocketing Ethereum fees, the demand for Layer 2 solutions has increased.
Thus, Binance’s development comes just at the right time! This development will allow more people to use the Ethereum Layer 2 solutions like Arbitrum One without u
We współpracy z: https://coingape.com/binance-announces-arbitrum-one-integration-and-opens-up-eth-layer-2-deposits/
