Hi stackers,

I am new here and wanted to share an experience on Binance.

As you might know Binance has integrated the Bitcoin Lightning Network, facilitating faster and cheaper Bitcoin transactions for its users.

They always overcharge on chain and earn money this way even on withdrawals so I gave the LN feature a try and tried to withdraw via lightning. This was unfortunately not possible as some error popped up. I contacted their customer support and they explained that it is due to EU regulations.

Do you have similar experiences on other exchanges? Is it really due to the Mica EU regulation?