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.
write
preview
6 sats \ 1 reply \ @doofus 23 Mar
baller
reply
1 sat \ 0 replies \ @BitcoinIsTheFuture OP 23 Mar
https://m.stacker.news/22633
reply
5 sats \ 0 replies \ @Krv 24 Mar
I do around 2m each. Maybe that will be too low. Why do you chose 10m?
reply
5 sats \ 2 replies \ @nblumberjack 24 Mar freebie
What platform/app/service do you use for liquid?
reply
36 sats \ 1 reply \ @SpaceHodler 24 Mar
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.
reply
0 sats \ 0 replies \ @nblumberjack 24 Mar freebie
Okay, gotcha. Thanks! Cheers
0 sats \ 0 replies \ @BitcoinIsTheFuture OP 23 Mar
Ah noice plan!
reply