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15 sats \ 7 replies \ @SpaceHodler 23 Mar \ on: UTXO consolidation - What's you best option(s)? bitcoin_beginners
I tend to keep my UTXOs to around 10m sats, although these days it means creating a UTXO less frequently.
I withdraw to Liquid every couple million sats and peg out to on-chain once it exceeds 10m-ish.
It's a trade-off.
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What platform/app/service do you use for liquid?
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I use Bitfinex to go from LN to Liquid for free.
From Liquid I peg out to on-chain using Sideswap for a fee of 0.1% + Liquid tx + Bitcoin tx.
For my Liquid wallet I use a Jade with Blockstream Green.
On the on-chain side I use Sparrow connected to the same Jade to get a new address for each peg-out.
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Okay, gotcha. Thanks! Cheers
Ah noice plan!
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