Do you know any wallets / services with which I can send recurring bitcoin payments to an address but with fixed recurring amount based on dollar?
25 sats \ 0 replies \ @bitb OP 14 Oct 2022
I want to make monthly payments to e.g. YouTubers https://www.youtube.com/c/MagicalCryptoFriends/about or something like this https://donate.thedigital.gov.ua/
I want that the fiat amount stays the same and I don't have to watch the dollar price all the time when the price moves up heavily
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137 sats \ 4 replies \ @cryptocoin 14 Oct 2022
CoinCorner has this for Lightning.
Recurring Lightning Payments are now available at CoinCorner
#66681
https://blog.coincorner.com/recurring-lightning-payments-are-now-available-at-coincorner-8a643342597c
The problem is, ... CoinCorner only operates in certain jurisdictions.
There's also this approach using DLCs:
Recurring subscriptions on bitcoin implemented with DLCs - Suredbits
#13337
https://suredbits.com/recurring-subscriptions-on-bitcoin-implemented-with-dlcs
But of course, ... that's not really available today.
As far as on-chain bitcoin, there's really not much that I could see related to subscription payments. For one thing, you are paying a static address. Address re-use should be discouraged, so I don't think that anyone is working to even build that functionality into their wallets.
There's actually a dismissive attitude towards subscription payments ... see the discussions here:
#55294
But what is the problem you are hoping to solve? Maybe with more detals there's another solution than what you are asking: "send $x worth of Bitcoin to a static bitcoin address at certain points in time in the future".
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50 sats \ 0 replies \ @AJ1992 14 Oct 2022
Only in certain jurisdictions, you can get around thos with a VPN...
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25 sats \ 1 reply \ @bitb OP 14 Oct 2022
But first of all thank you for your reply. I have a look into it.
I only recently discoverd coincorner myself because of their gift cards.
They seem to be very bitcoin friendly but a little intransparent regarding their fees. At least from the information I can find on their website
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25 sats \ 0 replies \ @bitb OP 14 Oct 2022
https://www.coincorner.com/Fees found it
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25 sats \ 0 replies \ @bitb OP 14 Oct 2022
I want to make monthly payments to e.g. YouTubers https://www.youtube.com/c/MagicalCryptoFriends/about or something like this https://donate.thedigital.gov.ua/
I want that the fiat amount stays the same and I don't have to watch the dollar price all the time when the price moves up heavily
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1 sat \ 1 reply \ @bitcointerest 14 Oct 2022
I use CoinPayments. I'm not sure if they have this feature but it would be a feature you can recommend. They might just implement it if it's not yet available.
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0 sats \ 0 replies \ @bitb OP 14 Oct 2022
interesting, thank you!
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1 sat \ 0 replies \ @AJ1992 14 Oct 2022
Ooo. What a fantastic idea.. I believe with electrum desktop you can schedule payments... And you can also send out mass transactions..
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0 sats \ 0 replies \ @zman 14 Oct 2022
I just don't see why this can not be done on the wallets. All you need is a lightning address from the receiver and any wallet will be able to send x amount every y interval.
Reach out to your favourite wallet developer and tell them you want this feature!
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