I don't care if it's custodial... I really want to use WoS...
Phoenix is good but very expensive LN to L1
Phoenix doesn't take a cut if you send from LN to a bitcoin address, the fees depends on the bitcoin mempool usage and their current UTXO rate. All fees go to the miners.
That's amazing, didn't know... So the only fee is opening a channel
In that case using Phoenix efficiently is sending at least 300k sats, opening a channel and use it for swap out....
Is this ok? I want to minimize the fees and cost because I didn't have much capacity of buying...
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