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OpenNode offers free first $10k transactions to lightning network users

open node offers free bitcoin transactions

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TL;DR

OpenNode is in the early phases of its existence and the platform is working well so far for the lightning Bitcoin network users. The payment processor has now announced that it would allow users to transact as much as ten thousand dollars ($10000) or almost three (2.93) Bitcoins worth of Bitcoin absolutely free of cost.

Any new users registering on the network will automatically be sanctioned the limit of the free transactions and this would allow users to send and receive Bitcoin in the free transaction limit.

The platform welcomes the users with a welcome message explaining the first transactions would be absolutely free however to users with high volume transaction i.e. more than three Bitcoins a day this limit is pretty low.

Users may continue to use the service for a very low fee of one percent (1%) of transaction amount per transaction after their free credit processing limit runs out.

Special Discount for Nonprofit Organizations

The payment processor is also offering a larger sum in free transactions to non-profit organizations i.e. fifty thousand dollars in free transactions or almost fourteen and a half (14.65) Bitcoins.

The Open Node team believes that the free credits would help growing teams, small and medium business owners to try and test Bitcoin transactions first hand. We are more than happy to provide a Bitcoin-driven platform to emerging developers.

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Alden Baldwin

Journalist, Writer, Editor, Researcher, and Strategic Media Manager:With over 10 years of experience in the digital, print and public relations industries, he has been working with the mantra, Creativity, Quality and Punctuality. In his waning years promises to build a a self sustaining institute that provides free education. He is working towards funding his own startup.As a technical and language editor, he has worked with multiple top cryptocurrency publications such as DailyCoin, Inside Bitcoins, Urbanlink Magazine, Crypto Unit News and several others.He has edited over 50,000+ articles, journals, scripts, copies, sales campaign headlines, biographies, newsletters, cover letters, product descriptions, landing pages, business plans, SOPs, e-books, and several other kinds of content.

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