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Set up direct deposit on Strike with 100% USD. Not your whole check, just whatever portion you normally DCA.
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Get a Lightning wallet - ideally, your own node for a fully private experience, but custodian ones would do as well.
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Send the USD from strike to your lightning wallet. It will be like a payment, with super low fees and no spread. If you want to get a KYC-lite version, just pretend it's an actual payment to someone else. (i,e - sign up with a different email to the custodian lightening wallet and put in the memo things like "thanks for boating trip")
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When you have enough in your lightning wallet to justify the on-chain transaction - send to your cold wallet via Muun, which can accept lightening invoices and send on-chain.
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This optimizes spread/fees - to optimize for fully non-KYC, then it has to be BISQ or robosats.
related posts
161 sats \ 0 replies \ @Darkbulb 24 Feb 2023
Robosats is all you need, dawg
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15 sats \ 1 reply \ @arcanox 24 Feb 2023
I wish Americans would realize not everyone has access to Strike (cries in a european language). Also insert shill shill for Relai, a btc only KYC-minimized CEX for the EU.
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0 sats \ 0 replies \ @ursuscamp 24 Feb 2023
Are Americans just not supposed to talk about Strike? Or preface every mention of Strike with “(in applicable locations)”?
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4 sats \ 2 replies \ @022fbc9cef 24 Feb 2023
I'm sad that Strike is not in Europe!
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0 sats \ 1 reply \ @Zepasta 24 Feb 2023
They said it's coming, i want to have it so bad!
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0 sats \ 0 replies \ @badabing 24 Feb 2023
It's kyc. Use Peach or Robosats instead.
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10 sats \ 0 replies \ @bshell 24 Feb 2023
This is actually brilliant. Never considered this...
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10 sats \ 0 replies \ @Wumbo 24 Feb 2023
Always good to have more write ups on going from fiat to BTC.
Also "thanks for boating trip" lol
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1 sat \ 1 reply \ @Zepasta 24 Feb 2023
Waiting for @DarthCoin to trash Muun.. 😅
From what i've heard, Muun has insane fees, maybe https://boltz.exchange/ service might be better/cheaper to swap LN to on-chain?
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0 sats \ 0 replies \ @DarthCoin 24 Feb 2023
No need to trash it. Muun is already a trash.
https://darthcoin.substack.com/p/lightning-network-submarine-swaps
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0 sats \ 0 replies \ @ncryppt 24 Feb 2023
Won't work in many many countries sadly. No strike in Canada...
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0 sats \ 0 replies \ @DiracDelta 24 Feb 2023
For people who NEVER have more than $1k at any time to buy, maybe makes sense.
This DOES NOT optimize spread. Kraken and SFox are much lower.
https://bitcoinmagazine.com/markets/ftx-collapse-cause-huge-bitcoin-price-spike
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0 sats \ 1 reply \ @jerry 24 Feb 2023
Thanks for the tip.
My experience to send from lightning to on chain with phoenix has been going quite well with 2000sats of fee at times.
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20 sats \ 0 replies \ @022fbc9cef 24 Feb 2023
You can also send from Breez to on-chain address (it'll do a Boltz swap in the background). Works well.
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