Can I purchase crypto on Kraken and store it directly in my cold wallet device?
Also, what are the current fees for this process, particularly for something like a monthly purchase?
Thank you for your insights.
Yes, sending Bitcoin (BTC) to your Trezor using the Lightning Network (LN) might be less expensive. You can get cheaper costs and quicker transaction times by sending your Bitcoin using LN channels. It’s crucial to remember that utilizing LN necessitates creating an LN wallet and ensuring that you have sufficient liquidity in your channels to enable the transfer.
Using a cryptocurrency exchange like Coinbase or Kraken, which has reduced withdrawal fees, is an additional choice to think about. These exchanges might provide more affordable prices if you want to move Bitcoin to a Trezor or other external wallet.
The ideal method for moving Bitcoin to your Trezor will ultimately rely on your unique situation and personal preferences. It’s worthwhile to look in several places to discover