Wednesday, July 3, 2024

withdrawal – The right way to transfer sats from a lightning pockets again to BTC pockets?

I am unable to discover something to ship sats to , as a check. Why did I simply put funds in a lightning pockets I can not use?

The lightning community is a younger know-how, however nonetheless there are lots locations on-line / IRL that settle for lightning funds. A fast websearch brings up tons or outcomes, for instance:

(I don’t affiliated with and don’t endorse any of these web sites, they have been merely a number of the first examples that confirmed up in an internet search)

Is there a technique to ship funds again to my BTC pockets? I learn someplace that the one method is to purchase a BTC voucher with lightning after which redeem the voucher again to my BTC pockets?

Transferring funds from lightning again to ‘on-chain’ bitcoin is as simple as sending a bitcoin transaction. There isn’t any ‘BTC voucher’ or some other nonsense like that. Your pockets ought to be capable to create a transaction that may shut your lightning channel(s) below the hood, transferring your funds again into an everyday bitcoin tackle.

Observe that some wallets would possibly cover this performance, for simpler UX. You will must resolve which pockets to make use of primarily based on elements corresponding to this (eg fine-grained management vs simple consumer expertise).

Is BlueWallet “meant to be” a a technique BTC to lightning directional switch solely?

I’m not intimately acquainted with Blue Pockets, however basically, no. Any good pockets ought to enable you management over your funds (together with the power to maneuver funds out of a lightning channel, if desired).

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