Is there any app, like Strike used to be, where I can deposit fiat and send that to pay a lightning invoice? Now when you deposit fiat or buy bitcoin on Strike you can’t use it for 3 to 5 business days. Looking for other options.
Discussion
nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle has helped a few people out in here today with this issue.
He helped one user by pushing through his bitcoin withdrawal. I understand if this is a very temporary policy while everyone picks up the pieces from the Prime Trust implosion but if I can’t pay lightning invoices after depositing fiat into Strike I might as well delete the app. Waiting days for deposits into Strike to settle basically kills the app.
CashApp allows instant withdrawal, last I tried, at least.
I dont think they have gone lightning though
They do
I just tried through cashapp and while it wasnt "instant", it was only pending for a minute before i got my funds sent to my lightning wallet
They do support lightning. On the bitcoin tab in Cash app if you long press on the QR code it brings up an option to select a lightning address.
I’ll try paying the invoices through Strike.
Incredible what is possible when you gouge customers on fee to compensate for your inability to manage fraud risk
nostr:npub1xkere5pd94672h8w8r77uf4ustcazhfujkqgqzcykrdzakm4zl4qeud0en is this possible on your platform or is there a wait period as well?
Yes, I think Kraken either said they are working or possibly already has withdrawals, and they let you wire fiat in, which half a day. In 12 months all of this will get way better due to broader access to FedNow, which fixes the massive ACH problem (t+90 settlement time risk).