Dear Hodlers,

Today Hodl Hodl, P2P cryptocurrency exchange, has enabled an exchange fee. From this day forward, Hodl Hodl charges each successfully completed trade a certain percentage — ranging from 0.5% to 0.6% — of the amount of cryptocurrency transferred to the escrow address.

Everyone who participated in our offer competition by creating at least one offer before July 1st, continues to trade for free for 30 more days!

How much doest it cost to use Hodl Hodl?

There are different fee rates at Hodl Hodl, depending on the user’s status.

0.6% exchange fee is the standard fee applied to all new registered users.

0.55% exchange fee is applied to your referrals which registered on Hodl Hodl with your referral code, or if you’re using our referral program.

0.5% exchange fee is applied for every user that passed verification (verification on Hodl Hodl is absolutely on a voluntary basis, and you can trade without any restrictions even without passing it).

How do fees work?

When the contract is created, Hodl Hodl determines the exchange fee for the contract by taking the lowest of the two exchange fees of both counterparties. For example, if one counterparty has an exchange fee of 0.6%, and the other has 0.5%, the exchange fee for the contract between them is 0.5%.

Hodl Hodl exchange receives fees in cryptocurrency only. The fees are determined from the cryptocurrency deposit, and deducted upon the release of this deposit from escrow (and only if the contract was completed successfully). The buyer receives less cryptocurrency than was deposited in escrow, and in turn, sends less fiat to the seller. This way, both buyer and seller pay equal shares of the fee.

There’s also a transaction fee deducted from the deposit, on its release. Since it would be hard to partially deduct this fee from the fiat part of the contract — the transaction fee is always paid by the buyer.

Earn money with us

Now that Hodl Hodl has enabled an exchange fee, you can now earn money through our referral program.

Invite your friends to register on Hodl Hodl by sending them your referral link. You then get paid every time they successfully complete a trade.

The referral commission rate ranges from 5% to 10% of the exchange fee that Hodl Hodl earns from the trade. Your exact referral commission rate depends on how many active traders you have invited (active trader is a user who’s had at least one contract end successfully in the last 3 months).

You can also permanently decrease your exchange fee to the 0.55% level by referring at least one active trader.

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Hodl!