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How to swap from LN to L1 with coinOS?
50 sats \ 5 comments \ @0xbitcoiner 25 Feb bitcoin_beginners
I’ve been looking for this feature on coinOS but couldn’t find anything related. I assume it’s just about entering the BTC address where we want to send it in the text box on the 'send' page. Is that right, @adam_coinos_io? Is there a limit on swaps?
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90 sats \ 0 replies \ @supratic 25 Feb
in https://coinos.io/settings/preferences page:
  • activate Autowithdrawal
  • Add a bitcoin onchain address
  • Setup a treshold to trigger the swap,
  • optionally, a reserve amount
... then, it will happen automagically
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23 sats \ 3 replies \ @DarthCoin 25 Feb
Yes is just like that. But please do not abuse it.
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0 sats \ 2 replies \ @0xbitcoiner OP 25 Feb
What do you mean when you say don't abuse it?
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21 sats \ 1 reply \ @DarthCoin 25 Feb
Many people consider coinos as a swap service just to move around sats from exchanges into cold wallets onchain with some added privacy. That will create a lot of disruption in coinos node liquidity.
CoinOS main focus was to onboard new merchants, accepting in a easy way bitcoin payments, then end of day, they could just swap out their little sats into own self-custody wallets.
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0 sats \ 0 replies \ @0xbitcoiner OP 25 Feb
I just want to swap the SN and Nostr sats.
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