CoinCorner UK exchange - A question 🤔 \ stacker news ~bitcoin

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140 sats \ 4 comments \ @cristaiji 6 Jun 2024 bitcoin_beginners

Have any of you guys used CoinCorner, bought BTC and then withdrawn it via the lightning network?

They have told me I can do this however I haven’t yet found out the process and whether there is a fee involved.

Moving BTC to lightning network usually involves paying a mining fee.

As CoinCorner charges a 25000 sat withdrawal fee on mainchain I suspect they will charge a fee to use Lightning network however all they’ve said so far is that withdrawals over lightning are free.

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43 sats \ 1 reply \ @0xbitcoiner 6 Jun 2024

Users can send and receive BTC to/from their CoinCorner account via the Lightning Network, a second-layer technology built on top of the Bitcoin network, instantly and with no fees from the Send & Receive page. More information can be found below.

https://support.coincorner.com/hc/en-us/articles/360020667299-Sending-and-receiving-via-Lightning

0 sats \ 0 replies \ @cristaiji OP 6 Jun 2024

Thanks. I spoke again to them over email. Looks like it will work, I’ll give an update soon. 🙏

0 sats \ 0 replies \ @cristaiji OP 6 Jun 2024

Finally done it. The problem I had was with proton mail for iOS. It’s a buggy mess. CoinCorner were very helpful. 👍👍

0 sats \ 0 replies \ @cristaiji OP 6 Jun 2024

I made the withdrawal request over lightning and then I get a message saying I need to ‘confirm the withdrawal via email’ . So now im waiting again for them presumably to allow the BTC to be released. 🙄