Rambling further:
Bitso doesn't appear to support the Lightning network (yet). I hope they get with it! It's really not practical to transfer BTC amounts below 2000 MXN without Lightning, in my opinion. So the UX flow would have to be accumulating greater amounts, then xfer to Bitso via an on-chain BTC TX, then withdrawing in pesos. No bueno. If that changes, or I'm wrong about this, I'll follow up with another post.
Nu, on the other hand, just put out a joint press release with Lightspark, announcing their support for Lightning transfers. I haven't tried it, if I do I'll follow up with another post.
https://www.lightspark.com/news/nubank-announcement
Ha, then neither of those debit cards have their own ATMs, so I'd expect about 20 pesos in fees for cash withdrawals. A better alternative would be to have a brick-and-mortar bank account (like BBVA or Banamex) and use SPEI to send pesos from Nu to that bank for ATM withdrawals. SPEI is fast, unlike US ACH.
diasporic
npub1dq…s4hcw
2024-06-30 00:58:24
in reply to nevent1q…a9ep
Author Public Key
npub1dq54g02mvmuy46ga77qzpwe0tf86sedppecelpstad20myt5s20sss4hcwPublished at
2024-06-30 00:58:24Event JSON
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"content": "Rambling further:\n\nBitso doesn't appear to support the Lightning network (yet). I hope they get with it! It's really not practical to transfer BTC amounts below 2000 MXN without Lightning, in my opinion. So the UX flow would have to be accumulating greater amounts, then xfer to Bitso via an on-chain BTC TX, then withdrawing in pesos. No bueno. If that changes, or I'm wrong about this, I'll follow up with another post.\n\nNu, on the other hand, just put out a joint press release with Lightspark, announcing their support for Lightning transfers. I haven't tried it, if I do I'll follow up with another post.\n\nhttps://www.lightspark.com/news/nubank-announcement\n\nHa, then neither of those debit cards have their own ATMs, so I'd expect about 20 pesos in fees for cash withdrawals. A better alternative would be to have a brick-and-mortar bank account (like BBVA or Banamex) and use SPEI to send pesos from Nu to that bank for ATM withdrawals. SPEI is fast, unlike US ACH.",
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