100 sats \ 2 replies \ @ek 19 Oct 2022 \ on: I'm michael1011, Co-Founder of Boltz. AMA. bitcoin
I just wanted to use your service to withdraw from SN directly onto an on-chain address. But the minimum withdrawal is 0.0005 BTC. Why is that?
write
preview
83 sats \ 1 reply \ @michael1011 OP 19 Oct 2022
Boltz offers atomic swaps. Those swaps require 2 transactions to be made onchain and in our opinion the cost for 2 transactions can be too high for very small amounts.
In case you wanna read more about why 2 transactions are needed: https://medium.com/boltzhq/brewing-boltz-hold-reverse-swaps-fea0fadbf041
reply
1000 sats \ 0 replies \ @ek 19 Oct 2022
Ah, I see. Thanks for your reply! Guess I need to stack more sats here first, haha
reply