quoting#robotsats #lightningchannel #tips
note1as3…9lmg
If you're planning to do lots of transactions on robosats I have a couple strategies that work out well. You can open a channel directly with the coordinator node you are creating offers with.
Selling Sats:
Open a channel with coordinator node for sats you want to sell. now you can easily send those sats to the buyers in many smaller transactions. Ideal if you have a few million or more sats you want to sell over a period of time. a great way to plan ahead for bull run.
Buying sats:
Open a channel with coordinator node. Check the nodes for channel size minimum requirements. Now keep the sats on your side of the channel. When you are ready to buy, send sats thru Boltz swap to Liquid BTC...amount to send would be what you want to buy + extra 50,000 sats as a cushion. This will open up inbound liquidity in the channel. Now you can create a buy order or take a buy order with the coordinator your channel is set up with and receive sats from the seller to fill that channel back up. Using this strategy, it’s less likely the coordinator will close the channel since sats remain on your side of the channel. As your liquid btc balance builds up, you can peg out to on-chain when fees are low to a sizable utxo.
#bitcoin #lightningnetwork #liquidbtc #boltz Boltz - Non-Custodial Bitcoin Bridge (npub1psm…8970) TheBigLake (npub17t2…wj6f) Satstralia (npub1z94…9wpr)
TheBigLake on Nostr: If your LN node is connected to a RoboSats Coordinator, you can also route payments ...
If your LN node is connected to a RoboSats Coordinator, you can also route payments from other robots. It's a win-win game.