🔀Deposit & Withdraw

Lnfi enables users to deposit and/or withdraw assets (Satoshis or Taproot Assets) from Lightning Wallet to their accounts.

For the User guide in Mandarin, please refer to 中文版 (Contributor: $NOSTR Community)

Existing functions: ✅Depositing SATS from wallet to Nostr address ✅Withdrawing SATS from Nostr address to wallet

💡Progressive release in upcoming updates: - Depositing/Withdrawing Taproot Assets from Nostr address to wallet - Syncing and Importing Taproot Assets from other Universes

How to Deposit to Lnfi?

Depositing assets on Lnfi works slightly differently from other blockchains.

Since Lnfi is built on the Lightning Network, a Lightning invoice must be generated by the receiver to receive Bitcoin, Satoshis, or Taproot Assets from the sender.

In this deposit scenario, we use OKX wallet as an example. Your Nostr address on Lnfi functions as the receiver, while your OKX account serves as the sender.

To complete the deposit, you’ll need to generate a Lightning invoice using your Nostr address on Lnfi and provide it to your OKX account for payment.

Here’s how to generate a Lightning invoice on Lnfi:

1. Go to Lnfi Asset Dashboard, tap on [Deposit].

1. Select the [Receive Token] type and input the [Amount] to receive, then tap on [Create Invoice].

Currently only SATS is supported. SATS is the minimum unit of BTC, 100 million SATS=1 BTC. It is essentially BTC, not BRC20 SATS.

1. Copy the Invoice ID. (starts with Inbc....)

1. Head over to your OKX account. Go to Funding > Withdrawal. Select [BTC]

1. For On-chain withdrawal, select [Lightning] for Network.

1. Paste the copied Lightning Invoice ID. If you have sufficient amount of the [Receive Token], you can proceed to complete the deposit by tapping on [Next].

1. Once completed, the [Receive Token] will be credited to your Nostr address. The process should be nearly instantaneous, thanks to the Lightning Network's unique capability for fast transactions.

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How to Withdraw from Lnfi?

Withdrawing assets from Lnfi works slightly differently compared to other blockchains.

Since Lnfi is built on the Lightning Network, the receiver must provide a Lightning invoice to receive Bitcoin, Satoshis, or Taproot Assets from the sender.

In this withdrawal scenario, we use OKX wallet as an example. Your OKX account functions as the receiver, while your Nostr address on Lnfi serves as the sender. To complete the withdrawal, you’ll need to generate a Lightning invoice from your OKX account and provide it to your Nostr address on Lnfi for payment.

Here’s how to generate a Lightning invoice on OKX:

1. Go to OKX > Funding > Deposit.

2. Select [BTC] for the deposit, and select [Lightning] for the network.

1. Input the [Deposit amount] and tap on [Create Invoice]

Currently only Bitcoin is supported. Note that BTC will be display in SATS on Lnfi. SATS is the minimum unit of BTC, 100 million SATS=1 BTC. SATS is essentially BTC, not BRC20 SATS.

1. A Lightning Invoice will be generated. Tap on [Copy] to copy the Invoice ID.

1. Head over to Lnfi > Assets > select [Withdraw]

1. Paste the Invoice ID

1. Check the Send Amount. Once confirmed, tap on [Withdraw]

1. Once completed, the [Receive Token] will be credited to your OKX account. The process should be nearly instantaneous, thanks to the Lightning Network's unique capability for fast transactions.