Nostr Web Client

In a high fees environment:

Buy BTC and exchange it for L-BTC at no cost for example on Bitfinex.

Transfer L-BTC at no cost to your multi-signature Blockstream Green wallet or Jade.

Wait for the rates to go down, and when it happens exchange L-BTC for BTC on sideswap.io for a 0.1% fee and send it to your cold storage, with all this on top you gain privacy as you leave no trace on the chain.

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Discussion

btctotoro 2y ago

Ive never used bitfinix, am I KYC'd at the beginning purchase of btc in your example ?

Cyph3rp9nk 2y ago

You can buy L-BTC without KYC at bisq or hodlhodl and I think also at robosats.

You can even create L-BTC from BTC if you set up an Elements node.

Brisket 2y ago

FYI - I couldn't figure out how to do it via Bisq.

It might be because there are no sellers. 🤷

Minnaar 2y ago

Or simply use Minnaars to buy L-BTC/BTC Peer-to-Peer

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Brisket 2y ago

Thank you for the information sir.

I've known about liquid for over a year but not seen a suitable usecase for me.

That opinion is starting to shift.

Space Hodler 2y ago

Is there an easy way to convert between LN and L-BTC?

Cyph3rp9nk 2y ago

Bitfinex, robosats