578 sats \ 1 reply \ @jinformatique 7 Dec 2023 \ on: Ask SN: Did somebody used Relai app with LN? bitcoin
Hello, I started using Relai 3 weeks ago, doing some purchases.
  • I heard LN implementation will roll out publicly in 2024. I didn't know there was a closed beta, thanks to you, I will look more into it how to participate.
  • Privacy wise, there is no KYC under 1000€/CHF but the credit card payment or IBAN is linked through the app to the BTC address. The down side is that they reuse the same address to buy BTC. Legally they have to keep the IBAN from your profile for 10 years.
  • Apart from that, the fees are cheap to convert fiat into BTC (1.5-2%) compared to robosats (3-5%).
  • For new comers it's really easy to start buying bitcoin. The barrier to entry is really low and that's their main focus. After some purchases you could send your on-chain BTC to another more privacy wallet (like Sparrow) or swap on LN, like with coinos or boltz.
DM me on Telegram for an invitation code to reduce your fees from 0.5%.
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0 sats \ 0 replies \ @DarthCoin OP 7 Dec 2023
OK thanks for the answer.
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