0 sats \ 3 replies \ @moneroshill OP 18 Aug 2022 \ parent \ on: @moneroshill's bio bitcoin
I'm on electrum BTW. It says I can't make a request because "You must be online to receive Lightning payments.". I guess that means I have to open a channel? IDK that 3 bucks (12k sats) is gonna get eaten up by fees I think.
Basically, I was trying to fund my own (empty) wallet from my exchange, and then send from my wallet to stacker.news. You know, just to try out the LN and see if it lives up to the hype. Pretty disappointing that I had to just send it directly from my exchange. Maybe it's my wallet. I thought everyone used electrum or bitcoin-qt?
Fees are low though, so there's that.
What you could have done was to fund your electrum onchain wallet from your exchange.
Then create lightning wallet (like Phoenix) and fund it with sufficient funds with another onchain tx. They'll create a LN channel for you with these funds. Then login here with your lightning wallet and fund your wallet here via lightning.
reply
You could use FixedFloat.com or CoinSwap.click to exchange Monero -> Bitcoin Lightning directly to your Stacker News wallet, or use a custodial Lightning wallet like BlueWallet (KYC-free).
reply
Not sure how electrum works as a lightning wallet. It probably needs a lightning node to work. Only used it for onchain txs.
If you use a lightning wallet like Phoenix, you use their lightning node/channels but it's still non-custodial since you own the private keys.
reply