Get outbound liquidity
Enable sending payments on the Lightning network.
To be able to send payments we must open channels on other nodes and lock BTC.
This is called outbound liquidity, where locked funds are on our side of the channel.
Open the Lightning Node
application. Scroll down and click on + OPEN CHANNEL
.
Find a well-connect node here
Copy the Node ID (format
pubkey@ip:port
)Example, Kraken’s Node ID ⇒
02f1a8c87607f415c8f22c00593002775941dea48869ce23096af27b0cfdcc0b69@52.13.118.208:9735
Select the amount of BTC to be locked in the channel
In our example, Kraken has a
0.01 BTC
minimum requirement (read more)
Adjust the transaction fee (the higher the fee, the faster the channel opens)
It can take anywhere from ~30 minutes to 24 hours.
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