lassdas on Nostr: Depends a lot on the amount you wanna to buy. Small amount->LN Big amount->on-chain ...
Depends a lot on the amount you wanna to buy.
Small amount->LN
Big amount->on-chain
LN
It's ok to send amounts as tiny as 1sat via lightning, the bigger the amount the worse LN works, at least in my experience.
I've never had a problem sending 1, 21, 420, 210k, 1m sats, sending a couple of million though I often had to try a few times til it worked.
But that's expected, on every hop there needs to be enough channel liquidity to route the payment through.
on-chain
It's ok to pay a $5 fee for a $5000 on-chain tx, 0.1% is not that bad,
but if you just want to send/receive $5, that would be a 100% fee you probably don't want to pay.
It also depends on what you wanna do with it, like, do you wanna use it to zap nostriches, or buy/pay for stuff?
Or does it go straight to cold storage for the next decade?
Small amount->LN
Big amount->on-chain
LN
It's ok to send amounts as tiny as 1sat via lightning, the bigger the amount the worse LN works, at least in my experience.
I've never had a problem sending 1, 21, 420, 210k, 1m sats, sending a couple of million though I often had to try a few times til it worked.
But that's expected, on every hop there needs to be enough channel liquidity to route the payment through.
on-chain
It's ok to pay a $5 fee for a $5000 on-chain tx, 0.1% is not that bad,
but if you just want to send/receive $5, that would be a 100% fee you probably don't want to pay.
It also depends on what you wanna do with it, like, do you wanna use it to zap nostriches, or buy/pay for stuff?
Or does it go straight to cold storage for the next decade?