Replying to Avatar Versie21M

Wallet Of Satoshi is nice for very small amounts, but it is entirely custodial. They hold the keys. They could vanish at any moment and so would your sats stored on their "wallet".

I use WoS for small amounts since it's so convenient. Once I accumulate more than I'm comfortable losing at any moment, I'll send them to my Muun wallet.
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Joshua 2y ago

Ahh and is mum wallet where you hold your own keys? Currently I only have WoS set up

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Versie21M 2y ago

I think so, but don't quote me on that. All I know is that they have a restore method where you can restore your wallet balance in case you lose your phone. I haven't tried it yet myself to prove it works, but from what I've read from those that I view as knowledgeable/trustable, the restore method should work in case needed.

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PABLOF7z 2y ago

yeah, it's definitely not the cheapest, but it's a good way of requiring less trust to use LN before you're ready to do it yourself.