Belo adds Lightning Network support through Opennode

mnmansha 12 January 2022 cryptocurrency Leave a comment

Belo adds lightning network support by partnering with the BTC payment processor and infrastructure provider Opennode. Currently, wallet transactions are done in pesos but now users will have the option to transact with BTC.

The lightning network is creating new opportunities for crypto users to transfer their funds from one network to another. The popularity of this network is increasing daily. Argentine-based mobile wallet application, Belo, has been working to connect fiat currency pesos to the crypto space. The founder and CEO of the Belo, Manuel Beaudroit, has shared some updates on this project.

Belo adds Lightning Network support:

Belo adds Lightning Network support with the help of a bitcoin payment processor and infrastructure provider, Opennode. Belo adds Lightning Network support now and is compatible with Android, iOS, Ethereum, and a few US dollar-pegged stablecoin. The CEO shared his excitement over this achievement. He detailed:

Our goal is for more and more people to learn and experience the potential and benefit of cryptocurrencies for everyday life, on a day-to-day basis, and in a simple way. With Belo, users only need one peso to start depositing money and buying crypto in a way that is usable and accessible to everyone over 13, regardless of their purchasing power.

Belo application was launched in 2020 and enabled Latin American users to obtain crypto in a simple way. Mobile application and Mastercard is used to obtain the crypto and startup has a rule that anyone above 13 can access their applications and avail the services.