Hodl Hodl adds new language: Chinese
Hodl Hodl continues expanding into Asia with the addition of the Chinese language to our platform.
The most important parts of the exchange have been translated to Chinese, except for a few pages which will be translated in the next few weeks.
We welcome everyone in the Chinese community to join hodlhodl.com!
Support & Telegram group
Hodl Hodl also provides support in Chinese. Therefore, every request sent to support@hodlhodl.com in Chinese will be answered in Chinese.
Telegram group specially created for the Asian community: https://t.me/HodlHodlASIA.
About Hodl Hodl
Hodl Hodl is a global P2P Bitcoin exchange, that allows users to trade directly with each other and it doesn’t hold user’s funds — locking it in multisig escrow instead.
The main difference between Hodl Hodl and other P2P Bitcoin exchanges is that we do not hold user’s funds and do not have KYC/AML procedures. Hodl Hodl is also cheaper than most of the other P2P exchanges, with a maximum fee of 0.6% per trade.
Trade workflow
Trading at Hodl Hodl is simple, and here is the trading process explained:
- Contract is created, Hodl Hodl generates unique multisig escrow for it.
- Seller deposits Bitcoin in escrow directly from his wallet.
- Buyer pays seller according to the agreed upon payment method.
- Seller releases Bitcoin from the multisig escrow directly to the buyers wallet.
That’s all for the trading process, P2P trading has never been as fast and secure.
Exchange fee
Hodl Hodl is cheaper than most P2P exchanges, with a maximum 0.6% exchange fee per trade.
- 0.6% fee for every registered user
- 0.55% fee for every user that registered with a referral code
- 0.5% fee for every user that passed verification (we repeat, this is not required)
Exchange fee is deducted upon release from the escrow to the buyer (only if the contract was completed).
Both buyer and seller pay the fee in equal shares, it’s divided equally between them. Buyer pays his part of the fee in Bitcoin (by receiving less from escrow), and seller pays his part of the fee in fiat, or crypto if a non-fiat payment method is chosen (by receiving less from the buyer). More information about fees can be found in the FAQ section.
Transaction fees for sending to escrow are always covered by the seller. Transaction fees for sending from escrow is always covered by the side receiving funds — buyer if contract was completed successfully, seller if contract was cancelled and he refunds the bitcoins back to himself.
Support of the Lightning Network
A couple days ago we introduced Lightning contracts at hodlhodl.com and now everyone is able to buy bitcoins and receive them directly into their Lightning wallet & sell bitcoins directly from their Lightning wallet.
OTC requests
Hodl Hodl has it’s own OTC desk, and in the header of the site you can find a link to the “OTC” page, where a request can be submitted. You have to specify whether you want to buy or sell, for which amounts, and what payment methods etc.
When you submit a request, Hodl Hodl’s managers will try to find you a counterparty at no extra charge.
Once we have received your request, we will immediately begin matching you, and you will be contacted through the contact channel you have specified.
Private offers
When creating offers, you can mark the offer “private”, and the offer will not be listed on the Hodl Hodl public offer list and will only be accessible via the link that you send your trading partners.
We’ve added this option, since OTC trades are often done privately. Only the two counterparties know the details of the trade, such as price and volume, and large amounts can be traded, and this requires privacy, which we highly respect.
Reach us
- Hodl Hodl exchange: hodlhodl.com
- TESTNET Hodl Hodl exchange: testnet.hodlhodl.com
- Predictions by Hodl Hodl: predictions-testnet.hodlhodl.com
- TESTNET Predictions by Hodl Hodl: predictions.cc
- E-mail: support@hodlhodl.com
- Blog: https://medium.com/@hodlhodl
- Twitter: https://twitter.com/hodlhodl
- Telegram: https://t.me/HodlHodl
- Reddit: https://www.reddit.com/r/hodlhodl
- Slack: https://goo.gl/zaMnCn
- Facebook: https://www.facebook.com/hodlexchange
- Youtube: https://www.youtube.com/channel/UCgujEoZqX_FfDTLb3Uuhsdg
Hodl!
