Strike w/d fees seem unreasonable. I purchased ~0.03 bitcoin at the end of August.
Typically, I have always been able to w/d immediately, however, a hold was placed on the w/d until today, 9/5.
I need to open a lightning channel as part of a swap, so I wanted the funds to arrive asap. Despite current NEXT BLOCK fees being around 4 sats/byte, I paid over 47,000 sats for the w/d or 25 USD.
This is compared to a cashapp fee of around 2 USD at the same time.
Just an observation, big supporter of Jack and Strike, but I worry if the fees are remedied, they will begin to lose users.
bryan / Bryan
npub1dl…tfd8s
2024-09-05 09:59:32
Author Public Key
npub1dld9hn3gsgtkh7atl26s8gd49qfjjkpdw8ztap9mk4n7vhq60y0satfd8sPublished at
2024-09-05 09:59:32Event JSON
{
"id": "dff6a618655b0ca2a76804bc2ac783e172faccb6691cd8872f08f41df80c4fb1",
"pubkey": "6fda5bce2882176bfbabfab503a1b5281329582d71c4be84bbb567e65c1a791f",
"created_at": 1725530372,
"kind": 1,
"tags": [],
"content": "Strike w/d fees seem unreasonable. I purchased ~0.03 bitcoin at the end of August.\n\nTypically, I have always been able to w/d immediately, however, a hold was placed on the w/d until today, 9/5.\n\nI need to open a lightning channel as part of a swap, so I wanted the funds to arrive asap. Despite current NEXT BLOCK fees being around 4 sats/byte, I paid over 47,000 sats for the w/d or 25 USD.\n\nThis is compared to a cashapp fee of around 2 USD at the same time.\n\nJust an observation, big supporter of Jack and Strike, but I worry if the fees are remedied, they will begin to lose users.\n",
"sig": "64cbb6cbc85275cbecd1650f34cd2f1e721cb36f19c681bf8ffe1bdbb5b0e5d6d71c644bbed0dc71ec55ad07363c409df9c601e98871eabd504c2bc85d47ec0f"
}