Breez, a new payment startup, has recently unveiled the latest feature of its project, which is set to allow lightning-based BTC purchases directly from its app. These purchases are only possible because of a recent partnership that the company started with MoonPay.
The services will initially be available in a total of 35 different countries and have the goal of simplifying lightning payments.
In case you do not know, the Lightning Network is a layer 2 scaling solution for the BTC network. It was launched at the beginning of 2018 and it has gone quite a long way so far in fixing these problems despite a rocky launch. The technology is still experimental, but it is starting to shape up as a great solution.
According to the CEO of Breez, Roy Sheinfeld, this may even look like a somewhat simple achievement, but nobody has done it before.
Since the start, Breez was always about being more than a simple wallet, the service was meant to be a “holistic experience”, Sheinfeld affirmed. It needs to be UX focused and to provide solutions that no one has been able to provide before in order to make its clients happy.
Before now, the users needed to buy BTC before they could enter the LightningNetwork and then move the BTC from its normal wallet to an LN wallet. This new option cuts time and allows the users to enjoy a more streamlined experience.
According to Sheinfeld, users will not need to verify any information if they want to buy less than 150 EUR worth of BTC. To buy more than that, they would need to pass a Know Your Customer (KYC) verification first.
Trading operations between ZRX and the US dollar still feature around the same last range zones.
The ZRX/USD market may have to face a correction if it tries to swing northward further around the upper range mark at $0.40.
ZRX/USD Long-term Trend – Ranging
Distribution territories: $0.45, $0.50, $0.55
Accumulation territories: $0.25, $0.20, $0.15
The market of ZRX/USD had made a record of higher lows between June 16 and 20. And between June 21 and until the present, the crypto valuation has continued to move in a range showing short ups around $0.35 price territory.
On June 22, the pair like in many other crypto-economies, dropped southwards to test its lower range market at $0.35 mark. As at now, the market is fluctuating above the SMA indicators. The Stochastic Oscillators have slightly crossed to point to the north.
he ZRX/USD market hasn’t gained a clear indication to suggest a definite price direction for this crypto-trade. By that sentiment, this week’s sessions have the probability to witness a continuation of choppy market movements around the same last range zones characterized by $0.40, $0.35, and $0.30 price lines. The upper range spot of the market seems to be the point that a correction will be made while a sudden spike occurs or the market trades around it in the long run.
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