Tutorial to withdraw BTC from COINKIT via Lightning Network Invoice

By cLEarn | LEARN CRYPTO | 26 Feb 2020


  In this post you will learn how to withdraw your BTC received from monetized tweets via Coinkit.

You will need a Lightning Network Wallet such as BlueWallet.Io or Wallet Of Satoshi.

*If you do not know what Lightning Network is, please head to https://lightning.network/ to get familiarized*

So let's go further and start our withdrawal of 100 SATOSHI;

LN WALLET USED : BlueWallet


1.After you downloaded,installed and created your LN wallet ( DON'T FORGET TO SAVE YOUR PRIVATE KEYS IN A SAFE PLACE ),you will need to create an invoice of 100 SATOSHI or the amount you want to withdraw:

 


100 SATS INVOICE CREATION

 

2.After you created invoice of 100 SATS you will get a QR Code and the invoice code. Copy the invoice;



100 SATS INVOICE

 

3.Next step is to go into Coinkit direct message on Twitter

 

A.First command to enter is : /changecoin BTC


This will select BTC as your coin that you want to withdraw or deposit


Changecoin to BTC


B.Second command will be the withdraw command : /withdraw <invoice> <amount>

Replace <invoice> with your invoice that you created earlier in LN wallet and <amount> with the amount that you desired to withdraw.

In our case the command for withdrawal will look like this :

/withdraw lnbc1u1p09vkwepp5ffw8gj288w4j76ngy4e7jm4admlrw8nj6zaa59rg9ss4gmqwxhwqdqqcqzpgxqyz5vqnjhywu8xst5emff3zjyvsey3czpvnf0jkta0ywl93jj5juwmt8h5aqt5hk6lm8rplsypnkzn3gfw0ghc7ksm8szl022w0ktjpzqc2xgqlnvhcc 100

If you done all correct your payment will be made instant to LN wallet and you will also see a confirmation message from #Coinkit


          Withdraw Command

 

  
          Payout Confirmation


Also details for minimum,maximum withdrawal and fees that can be done via Coinkit are:

                     Details


To learn more about COINKIT please visit wiki.coinkit.de

If you have any questions , feel free to ask in comments.

#cLEarn


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cLEarn
cLEarn

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