pull down to refresh
30 sats \ 0 replies \ @ama 24 Jan 2023 \ parent \ on: What is the best Bitcoin Lightning wallet? bitcoin
Cool! Check out the on chain fee you need to pay to open your channel and also the fee that Phoenix charges you to open the channel to you. I believe that's 1% of the amount you are receiving with a minimum of 3000 sats. I think it's very reasonable, but for small amounts might not work for some people, so it'd be better to do a larger first transaction to open the channel.
The idea behind it simple. You open a channel with one of you wallets, Electrum for example, and send some sats through it to the other wallet, Phoenix, which will open a channel to you (from their node) with a larger inbound capacity than the amount sent, and charge you a fee to do so.