I first started using Muun for my self custody, and have learned more about how they work I am trying to move those funds to a more secure cold storage. I had to pay over 200 sat/vB for the last test transaction I sent from there when I could have easily gotten my transaction through with a much lower fee. Since I’ve heard the swaps that Muun uses for lightning transactions can lead to having a bunch of tiny UTXOs, I want to move those funds somewhere I can both control the fee rate and, if possible, control which UTXOs I send. Does anyone know how I could do this? I have all the backup information that was provided when I set up the wallet. The first/best answer that lets me do this I’ll zap 2100 sats. #asknostr #Bitcoin
Discussion
Muun is a hot wallet and doesn’t use BIP39, meaning you don’t actually own any bitcoin on layer one. You do not have “self custody” of your bitcoin at this point, thats an illusion.
Just figured out how to do it. I had to use the Muun recovery tool on GitHub, and since it hasn’t been updated in a while, and I’m not super familiar with the terminal, I had some help from ChatGPT regarding paths and troubleshooting. The big thing I had to change using a Mac was that I had to specifically allow the terminal and the recovery tool file to ignore some safety precautions under developer settings.