Hodl Hodl v1.39 New features: Set a custom transaction fee for withdrawals
Today we added a new feature to the exchange, custom transaction fees. You are now able to set a custom transaction fee for receiving your bitcoins when the contract completes (or is cancelled).
About
Before, you were not given an option, the transaction fee was set by default, and until today, your transaction fee was set to be higher than average. However, you can now go to “Trading settings” in the user dashboard, located in the drop down menu at the top right of the exchange, and set your own fee for all withdrawals going to your side.
In trading settings, you have 4 fee options to choose from:
- High
- Medium
- Low
- Custom
Now the time frame for receiving your bitcoins depends on the fee level you choose. The higher the fee, the sooner your bitcoins will be in your wallet. At the same time, If you prefer to save some sats and wait a bit longer, set the “Low” transaction fee type. If you choose “Custom” fee, you will be asked to type in the exact amount of satoshi(s) you are willing to spend per byte.
Please be aware that the specified fee type will only be applied for release transactions which are at the stage when the seller releases bitcoins directly into the buyer’s wallet, as well as cancelled contracts when a refund to seller occurs.
We value your preferences and actively work on improving our users experience. Feel free to contact us through any of the channels mentioned below and make suggestions.
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