RoboSats has made the swap trades more visible. From now on you can easily convert LN-BTC to BTC and vice versa. And this is how it works:
Offers → I want to swap.
SWAP IN means
- You send On-chain BTC
- You receive Lightning BTC
SWAP OUT means
- You send Lightning BTC
- You receive On-chain BTC
In the settings you can specify whether you would like to start with swaps or with fiat trades.
Fees
In general, RoboSats swap transaction costs are lower (~0.1%, mining fee included) than on e.g. https://boltz.exchange (~0.4% + mining fee).
Let's swaaaaaap.
related posts
10 sats \ 3 replies \ @TheBTCManual 17 Feb 2023
Lol L-BTC getting some play, federation members be like:
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0 sats \ 1 reply \ @kst_winterhodler 17 Feb 2023
Lightning Network BTC, not Liquid BTC
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0 sats \ 0 replies \ @TheBTCManual 18 Feb 2023
L-BTC is an option mate, and I was being facetious couldn't you tell?
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0 sats \ 0 replies \ @mallardshead 17 Feb 2023
LOL
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2 sats \ 1 reply \ @cecil 17 Feb 2023
for ln -> on chain I just use muun, one step, no kyc.
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10 sats \ 0 replies \ @HiP0 OP 17 Feb 2023
Sure. I use robosats behind Tor.
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1 sat \ 3 replies \ @01xCc 17 Feb 2023
https://fixedfloat.com/
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0 sats \ 2 replies \ @HiP0 OP 17 Feb 2023
• 1% if you opt for a fixed rate
• 0.5% if you opt for a floating rate
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1 sat \ 1 reply \ @01xCc 17 Feb 2023
Choose
Destination
Send
Status
What would you like to exchange?
You send
000.0010
You receive
0,00092907
Min amount
0.0005 BTC
Max amount
0.1 BTC
Ratequestion-icon
1 BTC = 1 BTC
Miner feequestion-icon
0.00006693 BTC
8%)))
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0 sats \ 0 replies \ @01xCc 17 Feb 2023
You send
000.01
You receive
0,00989307
1.1%
))))
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0 sats \ 0 replies \ @icecakes 7 Jan
Hey, can you tell whether one is able to send sats from multiple lightning channels to satisfy an order; or does it need to be a single transaction?
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0 sats \ 0 replies \ @luciendada20 17 Feb 2023
This information will help me very much. I m going to try this
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0 sats \ 0 replies \ @franzap 17 Feb 2023
Nice. Aren't swap ins prone to timing attacks?
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0 sats \ 0 replies \ @mallardshead 17 Feb 2023
Awesome.
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0 sats \ 0 replies \ @bidwarden 17 Feb 2023 freebie
That's amazing