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We use Boltz to facilitate on-chain transfers, which incur an external service fee of 0.5%.
ππ½ Overview
With Buho On-Chain Transfer you are able to ...
- Send Lightning Bitcoin to your Self-Custodial Wallet
- Pay anonymous On-Chain Invoices
- Do it in Minutes
π How It Works β
- Specify the amount you want to transfer.
- Choose the transfer type (Send specified or Receive specified).
- Enter your Bitcoin address in the Buho Wallet interface.
- Click βCreateβ to initiate the on-chain transfer.
- Receive your Bitcoin on-chain automatically.
Demo Picture:
π Two Ways to Transfer (Net & Gross) β
π€
Send Specified (Net)
- You define how much to send from your Lightning balance.
- Fees are deducted from the on-chain amount you receive.
π₯
Receive Specified (Gross)
- You define exactly how much you'll receive on-chain.
- Fees are added on top of your Lightning payment.
Additional Information β
BEST PRACTICE
- Monitor bitcoin network fee as they can fluctuate.
- The entire process typically completes within a few minutes.
DANGER
Double-check your on-chain address before finalizing the transfer.