Changing fees

Read about fees on the fees page.

Setting fees in LND

This sets the fees to LOW:

lncli updatechanpolicy --base_fee_msat 0 --fee_rate 0.000001 --time_lock_delta 10

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Explain below

   --base_fee_msat value    the base fee in milli-satoshis that will be charged for each forwarded HTLC, regardless of payment size (default: 0)
   --fee_rate value         the fee rate that will be charged proportionally based on the value of each forwarded HTLC, the lowest possible rate is 0.000001
   --time_lock_delta value  the CLTV delta that will be applied to all forwarded HTLCs (default: 0)
   --chan_point value       The channel whose fee policy should be updated, if nil the policies for all channels will be updated. Takes the form of: txid:output_index

Setting fees in c-lightning

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add info how c-lightning does it


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