their fee schedule should be as follows:
- only mining fees are due on incoming payments (vs 1%/3000 sat)
- 0.4% for sending Lightning payments (vs 0.05% - 0.5%)
Discussion
Exactly! .. sending payments at that rate is quite high, don't you think?
With Phoenix, I'm used to paying around 0.1% or less (which I think is reasonable) .. I'm afraid I just can't keep using lightning, paying at those rates, for everyday transactions .. I have to look elsewhere
I don't have much experience besides one test transaction so I guess I can't really comment on this too much besides stating what the fee schedule is supposed to be and how it's supposed to work.
Min 4 sat fee too, confirmed by them when I asked on twitter a few weeks back.