437 sats \ 1 reply \ @ACINQ 17 Oct 2023 \ parent \ on: Help me Understand Phoenix Fee Concept bitcoin
Receiving fee = mining fee (when inbound liq is insufficient) Sending fee = 0.4% + 4 sat
There is currently a silly rouding error in the iOS interface which shows 0.5% but it's really 0.4%
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110 sats \ 0 replies \ @aoeu 17 Oct 2023
And Phoenix has never failed to send or receive for me. So you get great liquidity management but do have to pay a bit more.
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