Replying to Avatar Jakub

does it mean you transfer the lightning BTC to onchain BTC using Noah? Then it can be send for free to your cold storage?
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Nijuu 2y ago

From okx, i use lightning to transfer to noah. When it is in noah you can send out btc via lightning or onchain ( layer 1, btc native network )

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Jakub 2y ago

WHY do you use Noah? I still do not get the added value of it.

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Nijuu 2y ago

Okx to noah via lightning fee is 1002 sats. Noah to my self custody btc wallet is zero fee. All in all i only pay 1002 sats fee. Okx to my self custody btc wallet using btc network is 26000 sats fee now. See the difference?

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Jakub 2y ago

In other words, you use Noah to switch from LN to onchain for your HW wallet and save on fees, right?

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Nijuu 2y ago

Yes

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Jakub 2y ago

ok, thank you. Then this is a cool trick