Have been using it for ages now, probably the best entry level app for lightning atm
this post was submitted on 11 Jul 2023
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What is the splice mining fee in USD? If your main wallet is on BTC, then Phoenix is still mainly ideal for small payments right? (example: for 150+ usd tx, it's better to just use Bitcoin blockchain directly right? with a fixed fee of 0.50-0.80 USD atm)
But without that 1% fee when depositing on Phoenix, maybe I'd use Phoenix more often.
I’m still going to treat it as a hot wallet, just saying it’s an easy entry point to learn/test the lighting network
Yes. There I agree. I was struggling a bit with other lighting networks. In phoenix it was easy and deposited around 60 bucks. So if I find some coffee shop that accepts it I'm ready to try.
Glad to hear it!
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