pull down to refresh
107 sats \ 4 replies \ @jamesviggy 22 Sep \ on: Can I Use Coinos as a Swap Exchange as an Alternative to Boltz? bitcoin_beginners
Yes you can use Coinos to swap between on-chain, Lightning, and Liquid BTC. They show as one unified balance in your account, and you can withdraw to any of the three networks.
Just note there’s a fee if you withdraw to a different network than you received on. From their FAQ:
Coinos is one of the longest-running custodial wallets in Bitcoin and is fully open source. That said, they still recommend you don’t use it as a savings account. They even have an auto-withdrawal feature so you can regularly sweep funds out to your own wallet.
If you like the project and want to support its continued development, you can contribute to their Geyser fund.
Exactly. Coinos is awesome, just be aware that it's custodial and can freeze your funds, which they unfortunately do from time to time (see https://www.trustpilot.com/review/coinos.io)
I use it personally for a couple of sats for nostr tips and it serves that purpose very well!
Disclaimer: I am affiliated with Boltz, so definitely take this as a decently biased opinion ;)
reply
Regarding the Trustpilot 'reviews' I remember going on there about a year ago and seeing multiple obviously fake negative reviews and thinking who the fuck would post this pure bullshit?
Quite likely other wallets salty that Coinos offers such a competitive service compared to the usurious fees charged by other wallets.
I reported the fake reviews to trustpilot and it looks like some were taken down but some still remain.
There are still 12 obviously fake negative reviews ALL dated 12 September 2024 and 2 more dated Sept 6th 2025 which trustpilot have not removed...and which still result in a considerable lowering of Coinos trustpilot rating score.
Competitors who do this sort of dishonest backstabbing bullshit are pure scum.
reply
Correction- Should read
'2 more dated Sept 6th 2024'.
reply
Coinos fees are way lower than any other wallet.
reply