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.

I recommend opening 3 channels on 3 different nodes, with 0.01 BTC locked in each.

Open the Lightning Node application. Scroll down and click on + OPEN CHANNEL.

  1. Find a well-connect node here

  2. Copy the Node ID (format pubkey@ip:port)

    1. Example, Kraken’s Node ID ⇒ 02f1a8c87607f415c8f22c00593002775941dea48869ce23096af27b0cfdcc0b69@52.13.118.208:9735

  3. Select the amount of BTC to be locked in the channel

    1. In our example, Kraken has a 0.01 BTC minimum requirement (read more)

  4. Adjust the transaction fee (the higher the fee, the faster the channel opens)

    1. It can take anywhere from ~30 minutes to 24 hours.

Repeat the operation as many times as you wish/can. The more channels you open, the better your integration with the network.

Last updated

Was this helpful?