Figuring out how to avoid fees when buying btc with high in chain fees.
My current setup is strike -> Muun -> cold storage.
Downside is buying btc on strike has to be on chain to withdraw.
Thinking I can do:
Strike -> self custody ln wallet directly (using strike ability to pay an ln invoice with fiat directly)
Then when fees are low, go on chain to cold storage.
I’m thinking the downside is possibly running out of liquidity on my channels before fees drop.
My ultimate goal is figuring out how to have non custodial btc as fast as possible after purchase.
Thoughts?
Erik
npub1rac…4atg
2023-05-08 20:53:28
Author Public Key
npub1rach342hnt3wa0qfqk0pey0exs2drcxfc0azs8eurwnee9vu64vs834atgPublished at
2023-05-08 20:53:28Event JSON
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"content": "Figuring out how to avoid fees when buying btc with high in chain fees. \nMy current setup is strike -\u003e Muun -\u003e cold storage. \nDownside is buying btc on strike has to be on chain to withdraw. \n\nThinking I can do:\nStrike -\u003e self custody ln wallet directly (using strike ability to pay an ln invoice with fiat directly)\nThen when fees are low, go on chain to cold storage. \n\nI’m thinking the downside is possibly running out of liquidity on my channels before fees drop. \n\nMy ultimate goal is figuring out how to have non custodial btc as fast as possible after purchase. \n\nThoughts?",
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