I was thinking a little about dust on Bitcoin... It kind of doesn't matter but the thought of leaving just a little dust behind bothers me mentally.
I saw that my BlueWallet has the option to use MAX as the amount to be sent. Has anybody here ever used it?
The best way to do this afaik is this max thing paired with a 0 sat withdrawal invoice.
reply
Wdym with 0 sat withdrawal invoice?
reply
If you create a 0 sat invoice from the (lightning) wallet you're receiving to, some sending wallets allow you to send out all the sats.
reply
a little dust behind bothers me mentally.
Hahaha indeed, well said.
Any bluewallet can be imported into Electrum, where you have more advanced options. Or even with Sparrow.
reply
I have, and you do have to be careful about dust. The best way to drain a wallet is to sweep the keys into the wallet you want to move your coins to, but not everything supports that.
If you use a regular transaction to drain it, make sure you are using a wallet that allows you to directly set the fee. That way, if you are about to leave behind a dust amount, you can increase the fee or the transaction volume by a few sats to make sure there is no dust.
In the case that dust is left in a wallet, you have three choices. You can just leave it there, but there has already been enough burned bitcoin due to negligence that you really shouldn't do this. You should instead sweep the private keys into another wallet (I know that Samouri supports this but I am not sure what others), or you can send enough bitcoin to the wallet to cover a fee then send it all to a different wallet.
There are also a bunch of privacy concerns with dust, but this comment is already long enough. Hope this helps!
reply
Not in BlueWallet, since I don't use it, but I have drained many wallets with no problem.
When you do so, though, remember to always keep the empty wallet around, or at least a backup or its seed, in case some BTC is sent to one of the addresses of that wallet in the future.
reply
When you do so, though, remember to always keep the empty wallet around, or at least a backup or its seed, in case some BTC is sent to one of the addresses of that wallet in the future.
Damn, you're right. I didn't think about that. Sigh.
reply
Also remember to always think about everything. :-)
reply
And forget nothing
reply