reply on: How to buy Bitcoin Lightning Sats \ stacker news ~lightning

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0 sats \ 4 replies \ @martilewis OP 21 Oct \ parent \ on: How to buy Bitcoin Lightning Sats lightning

I have breez wallet , but I don’t know how to buy on it. Is there any buy option? And also can I transfer the whole amount I buy on a different wallet or do I need to leave some in Breez?

0 sats \ 3 replies \ @Rexdentron 21 Oct

Is there any buy option?

I don't remember Breez has integrated buy option in-app

And also can I transfer the whole amount I buy on a different wallet or do I need to leave some in Breez?

AFAIK, default Breez channel has 0% channel reserve and only acts as a tool that simplify channel management (thus commitment fee should already be covered by your own Sats)

In the most optimistic scenario when you have sufficient receiving capacity to receive first, then yes you should be able to send out your Breez balance to another LN wallet or vice versa (minus fee ofc)

If you don't have enough receiving capacity to receive first, then i assume you can't buy via LN and must receive via Onchain

Let me summon the Breez CEO himself to provide assistance for you @roy

14 sats \ 2 replies \ @roy 21 Oct

We have Buy Bitcoin (Receive -> Buy Bitcoin), but it's KYC via MoonPay.

You can transfer the entire amount using Send to BTC Address, but if that's your goal, just use MoonPay on the browser and send it to wherever you want.

0 sats \ 1 reply \ @martilewis OP 21 Oct

Thanks for the info! Just one last question, does MoonPay have big fees? I am looking to buy around 100,000 sats .

0 sats \ 0 replies \ @martilewis OP 21 Oct

Can I transfer all of them?