reply on: UTXO consolidation - What's you best option(s)? \ stacker news ~bitcoin

20 sats \ 9 replies \ @BitcoinIsTheFuture OP 23 Mar \ parent \ on: UTXO consolidation - What's you best option(s)? bitcoin_beginners

Thanks for the tip! I just set up my 1st non- custodial lightning wallet (Phoenix), used custodial before that. I usually go exchange to cold storage, but could try the lightning path. Due to liquidity channels I assume lightning is more expensive? Exchanges like Swan allow free withdrawals

5 sats \ 8 replies \ @OT 23 Mar

Free withdrawals? How do they manage that?

The exchange I used to use in Australia is called bitaroo. They have 1k sat withdrawal fees to wallet of satoshi. 3k to other LN wallets.

Yeah, phoenix has higher fees. Its the price you need to pay to hold your own keys and have a LN wallet that works well.

I personally don't mind using custodial LN for smaller amounts. I think when you get around 1m sats, its time for cold storage.

15 sats \ 0 replies \ @doofus 23 Mar

Strike has free withdrawals if you wait 24 hours

10 sats \ 0 replies \ @BitcoinIsTheFuture OP 23 Mar

Yup on the fees. Here you go https://www.swanbitcoin.com/fees/

10 sats \ 5 replies \ @BitcoinIsTheFuture OP 23 Mar

Yeah I’m 0 for 2 with custodial ones in the US. Blue Wallet and Wallet of Satoshi no longer work for me. Any good custodial ones for smaller amounts?

10 sats \ 4 replies \ @OT 23 Mar

coinos.io

Or try the others with a VPN

101 sats \ 3 replies \ @BitcoinIsTheFuture OP 23 Mar

Ok thanks for the homework:-)

0 sats \ 2 replies \ @BitcoinIsTheFuture OP 27 Mar

@OT coinos.io sounds interesting. I assume you use it? Looks light a custodial lighting wallet?

5 sats \ 1 reply \ @OT 27 Mar

Its custodial.

I have used it in the past.

0 sats \ 0 replies \ @BitcoinIsTheFuture OP 27 Mar

Ok cool thanks. All my custodial ones no longer work(blue Wallet, Exodus) I just have the one on this site and Fountain, so I’m looking for another stand alone one.