hello i want to know how can i receive my liquid BTC from exchanges to electrum wallet via lightning network
what are the steps that i should do do i have to create a lightning channel on electrum and can i
recover the btc spent for opening the channel later and how much are the total fees for opening and
closing the lightnging channel since we want to use lightning channel to avoid high btc fees if we gonna
spend more then it doesnt make sense
L-BTC is not BTC. L-BTC a sidechain and afaik Electrum doesn't support it. You may want to use Blockstream Green wallet for L-BTC, since both are Blockstream "products". But I don't know if it supports LN.
Or use an actual Bitcoin wallet that supports LN and forget about L-BTC.
PS. Imho there are for LN easier options than Electrum if you are not a tech head.
i thoguht L-BTC or lequid btc is same as sending btc via lightning network
howerver it seem that lightning network is only worth it when sending btc from excchage to exchange since wallets like electrum
has high fees when opening and closing lightning channel you
will end up paying more then normal btc network just as this user mentioned
https://bt.irlbtc.com/view/5452384.0+ im just looking for a way to withdraw my btc earnings from binance to electrum with low fees