I’ve been paying 10% fee for stacking sats with bitcoin ATMs.
What are some better methods for stacking non-kyc (lower than 10% fee)? 🤔
Discussion
Robosats is what I am hearing. However I’m not sure how to store lightning long term without a lightning node.
You can ask the payment for on-chain wallet for a fee
Usually it is around 1%, the swap fee, when they swap lightning to onchain sats.
But if you set your "premium" fee to 3%, then at the end it will be around 4.5% maybe. Because mining fee also have to be paid. But you can set that.
I will create a post on this tomorrow, tune in to get some tips.
On robosats you can receive the bitcoin onchain instead of lightning, or even if you need to accept on lightning, just make a temporary wallet of Satoshi address, recurve lightning, send on chain, then delete the WoS wallet
Sounds great. I’ll look into it thanks! 🫡
Thanks I’ll look into it 🫡
Robosats for the rescue!
1️⃣ It is over lightning
2️⃣ You can pay to onchain wallet
3️⃣ You can set your own fees. Hopefully it will be taken up. Usually around 3% it is picked up quite fast. It works even sometimes with 1% fee.
4️⃣ It is over Tor.
5️⃣ You can use new identity for each buy.
Wow. Thanks for the info! I’ll look into it right away 🫡
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#[0]
Buy in-person at meetups. Sell goods and services for Bitcoin.
Lots of good info in Heady Wook's articles at noKYCbitcoin.com
Maybe that link isn't working. Try https://archive.org/details/@heady_wook
Thank you! I appreciate the help 🫡🫡
Bisq for sure.