Quote from: nc50lc on Today at 06:08:59 AM

Quote from: Supermang on Today at 12:19:19 AM

As for lightning network, BTC or segwit network selection on binance, i picked the BTC one because it says 41 confirmations and i think thats the one i used on my test transaction, im still not sure what those do completely

The two deposit options doesn't affect anything at your end except for negligible minimal reduction in the output's size by selecting legacy deposit address.
But for the whole network and Binance as well, it's recommended to deposit it to your SegWit deposit address.
That way, it's cheaper for them to consolidate their users' deposits and for the Bitcoin network, it can fit more Witness data from SegWit transactions in a block resulting with higher number of confirmed transactions per block.
Of course, you're only one person but "it's a start".

As for lightning, your wallet needs to have a lightning network support (Electrum standard legacy wallet don't support it) and setup a payment channel which IMO isn't newbie-friendly to manage.

BTW, that "41" isn't confirmations, it exactly says "Est. arrival 41 mins" which doesn't make sense.
They put that to emphasize the Est. arrival time they note in BNB Smart Chain deposit address.

Quote from: Supermang on Today at 12:19:19 AM

Do i need to submit it to the accelerator? I looked at the accelerator website but I have no idea how to do it or what I am looking at

Even if you want to, its size isn't eligible to their free accelerator service.
It's a good thing that you've set an optimal fee that it didn't need an accelerator.

What would have happened if i didn't set an optimal fee? Could the transaction be stuck for months? I am using Electrum 4.5.5

Also I think I am on the home stretch, I am just waiting for 1-2 hours for the ASB to ANZ transfer to be completed

Handshakes all around. This is my poker money, which i grinded on GGPoker for 8 months or so, I think I only made little money but this $2000nzd or so turned out to be $20000 over 5 years or so of holding, so now im taking some of that towards paying my new car payment , this is my small moon, because of this $6500nzd or so I don't have a 3 years loan of $100 per week plus interest on my car, I just own the car outright.

I still have some more mbtc and I'm gonna continue to hold, I might look into buying more BTC in the future

Again thanks to everyone in this thread, without it im scared and confused of this process, but at least I know how to sell my bitcoin now

Supermang

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