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https://bluewallet.io/sunsetting-lndhub/
“The service will be shutdown on the 30th of April.
If you have sats there, please move them to another service/wallet of your choice.”
What another service/wallet? To where i move them? WTF is going on
That's for you to decide. I had some sats there and this morning I have moved them to Alby (also custodial). Could move them to Wallet of Satoshi, for instance.
However, I believe it is better to run one's own Lightning node or at least use a non-custodial mobile wallet, such as Phoenix or Breeze. That way, you will have full control over your own funds. I am going to look into that now.
As to what is going on, I don't know their reasons for shutting down the service. From the dry tone of their statement, I imagine that they might be scared of government regulation, or maybe they got a warning, or maybe their lawyers recommended them to shut it down before they get in trouble. But this is just a wild guess; I don't know at all.
You're using a custodial service that is shutting down. Withdraw to another lightning wallet whether that's custodial or not.
Not your keys not your coins.
What does this mean? Can some1 explain to me like i'm 5?
I currently have 200k in my LN BlueWallet app, what do i have to do to not lose them?