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31 sats \ 3 replies \ @WeAreAllSatoshi 23 Oct 2023 \ on: How many sats are optimal for exchange from LN to onchain? bitcoin
I typically do 1 million sats minimum so that the mining fee is negligible compared to the amount moved
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0 sats \ 2 replies \ @momboteq OP 23 Oct 2023
This is quite a high number of sats. I'm unlikely to reach such a number when using apps or games, but I would like to keep this onchain on cold wallet
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0 sats \ 1 reply \ @WeAreAllSatoshi 23 Oct 2023
You can always do fewer and you can set low fees to help reduce that as well. Maybe 100K for your use case?
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210 sats \ 0 replies \ @momboteq OP 23 Oct 2023
I am also considering 1 mBTC. This is quite a large number for gaining BTC from simple apps or games. I looked and the fee on fixedfloat is quite low if I would like to do a swap from LN to onchain. Miner fee is also currently not high and oscillates around 2-10 sats/vB
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