MultiversX Tracker is Live!

Keeping sats in Lightning wallet, and conversion to on-chain

Bitcoin Reddit

More / Bitcoin Reddit 9 Views

So, since my ETF holgins are not kosher, I decide to try self-custody. But, being paranoid about both KYC and trading gift cards, I started small, by playing games and watching ads for ZBD-lilnked games. Returns are pathetic (several hundred sats on a good day), but I earned them, and they are mine, and nobody knows who I am.

I do not trust ZBD either, so I got my sats out to "Wallet of Satoshi", as Lightning Bitcoin. But now it wants 7,000 sats to send to my other wallet that only takes On-Chain Bitcoin. Which sounds pretty expensive. I can send out to other Lightnight wallets for a just a few sats.

  1. Is it safe to keep Lightning BTC on Wallet of Satoshi for a while. (I need time to accumulate more sats, or find a cheaper way to get it on-chain) WoS did give me the very important 12-word phrase, but somebody online said WoS still holds the keys.

  2. Is there a cheaper way to convert BTC from LIghtining to on-chain? Muun is also expensive, I hear. Zeus is supposed to be cheaper, but that's because you gotta "setup channels" yourself. how complex it is? I can do a bit of tinkering, but I would never try to install Linux.

submitted by /u/BaldBear_13
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments