I’m just here to learn so I didn’t set up a zap address. Maybe I will someday but I’ve only been doing this a few months so I thought I’d rather zap than be zapped until I’m more seasoned. Thanks!

Inexcusable bc I can’t zap your meme! Lol. Well, I could but I’d lose most of my muun sats in the process!

To be fair. I did reach out and they are working on it.

I completely misunderstood that app until today. I tried to move 10,000 sats to try a Phoenix wallet and the fee was so big (131,000 sats) that it wouldn’t do it bc i lacked funds! Possibly similarly bad I deposited $25 usd into strike to get some quick sats to play with Phoenix and Strike only gave me 9000 instead of 90000 sats. I still haven’t heard back from them regarding why that happened.

I completely misunderstood that app until now. I realize now that their fees are based on memepool predicted fees. I zapped 1000 sats and got hit near 8000 in fees (and it won’t ask if it’s ok). Later I tried to move 10,000 sats to try a Phoenix wallet and the fee was so big (131,000 sats) that it wouldn’t do it bc i lacked funds.

I tried sending 10,000 sats to my Phoenix wallet (from my muun) to start the Phoenix wallet and the fee was 140,000 sats (more than I even had in the muun). Unfortunately, I think the muun would have sent the funds (if I had them) without stopping to make sure I was ok with the fees.

Thank you!!!

I’m mostly zapping others so yeah muun has shown to be a major drawback the last 2 days. I’ve read that Phoenix is a lightning node on your phone. Their fees seem relatively straightforward except for their “on-the-fly channel creation” fee. I’d hope the wallet notifies you when this happens but muun doesn’t stop and notify you of fees when you zap on nostr so I’ll probably have to play with it to see what happens. Interesting. Thank you.

BTW. Where do you go to learn the nuance of things like whether a wallet isn’t really using lightening?

Thank you!!!! I’ll switch and the. Zap you when I get a better wallet. This is a new rabbit hole for me.

I do use Swan. For some reason I felt like I saw an exposure to mining fees when I used Strike recently.

I’d also add…the muun fee for this 1000 sat zap was 7000 sats!

I’ve been doing this for a few months but I’m basically a beginner. How do you get Bitcoin to a lightning wallet (from an exchange or from a cold wallet) without being exposed to the on chain fees of moving the bitcoin? I’ve seen several people mention what you’re talking about but it seems that there is a limitation of actually getting the BTC to the lightning wallet to avoid fee exposure. I understand that fees should be less once transactions are on lightening (although I had one zap yesterday that was 1000 sats and the muun fee was 4900 sats…although that’s uncommon).

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