BITCOIN'S LIGHTNING NETWORK enables fast and cheap transactions, sidestepping the main Bitcoin blockchain.
LN transactions settle instantly for near-zero fees. However, you'll occasionally need to exchange Lightning Network Bitcoin (BTCLN) for 'on-chain Bitcoin' stored on the main blockchain. Or you may wish to convert BTCLN to another cryptocurrency.
This requires a 'channel close' transaction on the Bitcoin blockchain. While cheaper than a normal bitcoin transfer, it's still slower and more expensive than a direct LN payment.
Here's a simple and cheap method to swap, that doesn't require any advanced knowledge:
+ Head to http://fixedfloat.com/ and choose Affiliate Program from the menu. Register.
+ Now choose your trading pair (BTCLN and BCH in this example, but it will work for any other coins listed).
+ Input the amount you want to swap. In the context menu minimum/maximum allowed amounts are displayed.
+ Input the receiving address (the address where you want to receive your swapped coins).
Hint
"Float rate" rate will go with the market, and it's cheaper. Leave it on.
+ Press "Exchange Now" and follow the assistant to the end of the process.
You can, in fact, send a different amount –intentionally or by mistake– from what you stated before, and the open order will adjust accordingly.
FixedFloat never store your funds; all swaps take place automatically, with completion times depending on blockchain traffic.
Tip
Invite new users to sign up under your affiliate link and earn BTC for their trades.
Notes
[1] https://lightning.network/
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Nice info tutor