Is Celer a layer-2?

At the heart of Celer Network lies its commitment to enhancing blockchain scalability, which is a critical challenge faced by many popular blockchains today. By operating as a Layer 2 solution, it aims to alleviate congestion on the main blockchain layer, allowing for higher throughput and faster confirmation times.

The platform's focus on Ethereum and Bitcoin underscores its recognition of these networks' significance in the broader blockchain ecosystem. By providing scaling solutions tailored to these blockchains, Celer Network seeks to unlock their full potential and enable a more vibrant and inclusive decentralized economy.

BTCC, a prominent cryptocurrency exchange, complements the efforts of Celer Network by offering a diverse range of services that cater to the needs of digital asset traders and investors. Among its offerings are spot trading, futures trading, and a secure wallet solution, all designed to facilitate seamless and secure transactions in the cryptocurrency space.

Celer Network, established in 2018, has emerged as a premier Layer 2 scaling solution tailored for blockchain networks, notably Ethereum and Bitcoin. This innovative platform was conceived with an ambitious vision to revolutionize the decentralized realm by facilitating swift, secure, and cost-effective transactions.

BTCC's spot trading platform enables users to buy and sell digital assets directly, providing access to a diverse portfolio of cryptocurrencies. The futures trading service, on the other hand, allows traders to speculate on the future price movements of digital assets, offering an exciting and potentially lucrative way to participate in the market.