reply on: Can I "DCA" using Lightning, thus dodging small UTXO'S when sending to on-chain? \ stacker news ~lightning

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0 sats \ 5 replies \ @Fabs OP 21 Feb 2024 \ parent \ on: Can I "DCA" using Lightning, thus dodging small UTXO'S when sending to on-chain? lightning

Just to get this straight: I can, say, have 10 buys on lightning, which will turn out to one UTXO when sending it back to on-chain?

0 sats \ 2 replies \ @hodlpleb 21 Feb 2024

Yea, and same if you make 10 purchases on an exchange and make a single deposit for the exchange to your own wallet

0 sats \ 1 reply \ @Fabs OP 21 Feb 2024

Any particular exchange in mind?

0 sats \ 0 replies \ @hodlpleb 21 Feb 2024

Any exchange … until you move the bitcoin off the exchange, it’s just a placeholder. When you move it off the exchange, they will do it in a single transaction

0 sats \ 1 reply \ @Lux 21 Feb 2024

yes, if you send it back on chain in one swap transaction

0 sats \ 0 replies \ @Fabs OP 21 Feb 2024

Awesome.