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Every Bitcoiner, at some point in his life, has had to make some kind of exchange from Bitcoin Lightning to Onchain and vice versa. Sometimes for liquidity reasons, for safekeeping or just to test, we have to use some exchange service or exchange that can be decentralized or not.
The service that I use from Cuba and that works great is:
What is FixedFloat.com? It is a cryptocurrency exchange service. I use it mostly because: 1- No KYC or bullshit. 2- It's fast and easy to use. 3- It exchanges Bitcoin Lightning to Onchain and vice versa. 4- The exchange rates almost always fit my budget. 5- It works for Cuba (Maybe it is your country you should use VPN). 6- Efficient and fast customer service
It is important to remember that, although services like FixedFloat can be useful, they also involve certain risks. By using a third-party service, you are trusting that they will manage your assets securely and efficiently. Therefore, it is always crucial to do your own research and fully understand any service you decide to use.
What about you, which service(s) do you use to exchange Bitcoin Lightning to Onchain and vice versa?
Let me know in the comments, I read you and we learn together!
Maybe check out lightning loop - https://github.com/lightninglabs/loop . Seems much cheaper and is not custodial. They claim 0.05-0.5 %, I just tried quotes for 1M sats and 10M sats, got 0.3% and 0.12% fee respectively. This is service fee, the on-chain fee is not included. Probably a big limitation is that you need to install it and have lnd already running.
Robosats also allows this kind of swap, not just fiat <-> BTC. But their interface is a bit confusing for ligthning-onchain swap, I am never sure whether my offer has premium or discount. And Robosats itself takes 0.2% fee, plus you probably pay premium to the trade partner if you are doing swap out (paying with lightning, receiving on-chain).
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Thanks for your response! I will check ✅🖖🤓⚡
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Nice one, I also use Boltz.exchange Easy to use and they have an active Discord for support
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Great 😃👍
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