Is there a limit to how much donations I can receive at my @getalby wallet?
#asknostr
Discussion
500,000 sats is the limit on most Alby accounts, maybe all of them
But don’t ever leave that much money on a custodial platform. Once you get to a higher value than you’d be comfortable holding in your physical wallet in cash, it’s time to transfer to a self-custodial address
Oh so that's not self custodial. What are some of the best self custodial options? I know I keep asking these same questions but I am slow at implementing plus others can benefit. Repetition is my friend.
200 - 300 dollars max on lightning. Then move to onchain. You should cold storage any excess. Get t a jade green 💚
Thank you. Curious why jade green is your preference?
It has onchain, liquid, and lighting capabilities. Afield the lighting option is experimental; use with caution. But the channel is huge! Compare to others providers.
Haven't looked this up yet. But is this what you are referring to being Jade Green?
It’s the Blockstream Jade. Buy it directly from the official website or certified reseller : https://blockstream.com/jade/
Also, cost. Life 65 bucks
Self custodial Lightning (ie mobile wallets) include Phoenix, Zeus, Mutiny, Breez
Self custodial on chain (and offline, ie hardware devices) would be things like the Bitbox, coldcard, or the previously mentioned Blockstream Jade
Hope this helps - happy to answer questions about any of these to the best of my ability. There are a lot of choices and different security options and tradeoffs