I don't know why one could not use SN as a wallet. I mention as much in a previous post SN Post: #413714
How many Sats are you thinking of having in SN at any given time?
k00b has provided wise wisdom not to keep to many Sats on SN in the past. As it is good advice not keep to much of your stack in a hot wallet and/or custodial wallet.
We have long-term plans to remove the custodial wallet (while keeping the UX around zapping). So I wouldn't recommend using SN as your wallet. The UX also sucks compared to other wallets since SN's main purpose is not to be a wallet (never was and never will be). We also have strict deposit limits. Currently, it's 250k sats.
Fees on withdraws ?
Usually I pay 0 or 1 sat.
Same here.
OP didn't mention where he/she where withdrawing to. It may not be a well connected node.
I see what you mean
Withdraw to opposite side person (payment in lightning)
That does not answer the question. What wallet are they using?
What if someone need payment on LN Invoice?
How can we know what LN wallet it is.
I don't know why one could not use SN as a wallet. I mention as much in a previous post SN Post: #413714
How many Sats are you thinking of having in SN at any given time?
k00b has provided wise wisdom not to keep to many Sats on SN in the past. As it is good advice not keep to much of your stack in a hot wallet and/or custodial wallet.
Hot wallet like?
Compared to a cold wallet. an offline hardware device (ex: coldcard, trezor, etc...)
Why not?
Coldcard is cold wallet right?
Why not to keep much of my stack in coldcard?
We have long-term plans to remove the custodial wallet (while keeping the UX around zapping). So I wouldn't recommend using SN as your wallet. The UX also sucks compared to other wallets since SN's main purpose is not to be a wallet (never was and never will be). We also have strict deposit limits. Currently, it's 250k sats.
What's wrong with other wallets? Check out @DarthCoin's comparison of LN wallets.
Then what about SATs if removed?
Let's say if i deposited👇🏻
100000 SATs on my stacker.news
In future when @sn is no longer custodial wallet!
(As mentioned above)
Then what happens to my those 100000 SATs which is deposited now?
you'll use your own wallet
nothing, you just can't deposit more
Thanks!
It's like no deposits (Only zaps)! and withdraw! Right
yes, exactly :)