In support of The Lightning Conference (thelightningconference.com), on Wednesday, October 16th, we are continuing Lightning weeks at Hodl Hodl.

Along with Lightning week, we want to support and boost base-chain trades too, and we are discounting everyone’s exchange fee to 0.3% from October 16th to Oct. 23rd, for all trades on hodlhodl.com.

Let’s see what this is all about.

Lightning week

Basically, Lightning week is an initiative we launched a while ago, and we conduct them from time to time in order to support the development of the Lightning Network. During Lightning week, we will:

Do our best to complete the offer book;

Incentivize traders to participate by reducing the exchange fee.

You can buy and sell bitcoins on the Lightning Network at hodlhodl.com outside of the Lightning weeks, for sure — that’s just an initiative to gather all traders in one place, at one time.

Lightning contract workflow

Every trade at hodlhodl.com completes in a peer-to-peer manner, meaning that you trade directly with other people, and we only provide you a technical solution to do this, in addition to the marketplace where you can find a counterparty. This allows you to trade in any country, using any payment system, for any currency.

During a trade, you buy bitcoins and receive them directly into your Lightning wallet & sell bitcoins directly from your Lightning wallet.

The trade workflow is the following:

A contract is created between buyer and seller; Seller deposits bitcoins from his Lightning wallet into our Lightning wallet; Buyer pays the seller according to the agreed upon payment method; Seller releases bitcoins from our Lightning wallet directly to the buyers Lightning wallet.

Offer list

We now have more than 150 offers to buy and sell bitcoins through the Lightning Network from all around the world: from Russia to Thailand, China to Kenya, Canada to Venezuela, and many other countries as well.

Our traders accept a variety of payment methods (as we’re a p2p exchange, you are not limited regarding the number of payment methods): bank transfers, other cryptocurrencies, online payment systems such as Revolut and WeChat pay, and others.

Discounted exchange fee for all the trades

During this week, it does not depend on whether you trade on Bitcoin’s base chain or on the Lightning Network, you are always trading with 0.3% exchange fee (actually, 0.15%, because the exchange fee is split equally between buyer and seller).

Share the news, use this opportunity to invite your friends to participate and trade with us!

The Lightning Conference

This week our team is attending The Lightning Conference in Berlin, feel free to approach us and discuss any of our projects.

Reach us

Hodl Hodl exchange: hodlhodl.com

TESTNET Hodl Hodl exchange: hhtestnet.com

Predictions by Hodl Hodl: predictions.hodlhodl.com

TESTNET Predictions by Hodl Hodl: predictions.hhtestnet.com

E-mail: support@hodlhodl.com

Blog: medium.com/@hodlhodl

Twitter: twitter.com/hodlhodl

Telegram: t.me/HodlHodl

Reddit: reddit.com/r/hodlhodl

Slack: goo.gl/zaMnCn

Facebook: facebook.com/hodlexchange

Youtube: youtube.com/channel/UCgujEoZqX_FfDTLb3Uuhsdg

Hodl!