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10 sats \ 0 replies \ @Louferlou 20 Mar 2023 \ on: Looking for a cost effective way to swap out LN/OnChain bitcoin
the swapping out process is free on Phoenix, you just pay on chain fees.
But Phoenix beeing non custodial you'll have to pay a 1% fees (or a minimum of 3000 sats) to open a channel between your mobile node and ACINQ node (all of this is automated of course)
So you better open a big enough channel once and for all (send all your funds a once to Phoenix) rather than many smalls one, but otherwise Phoenix is the best solution IMO
Non custodial and free swapping out