Today is the last day of the current Liquidity week, that started on August 14th, and tomorrow, as we recently announced, we’re going to start another initiative — a 2nd Lightning week at hodlhodl.com.

Overview

In the initial blog post, we explained the idea behind the initiative, and here we would like to share some more information with you. The first Lightning week at Hodl Hodl, in July 2019, was a success, and we have since opened additional channels with one of the biggest nodes in the Lightning Network, so our customers now can trade larger amounts, faster and without any delays:

LightningPowerUsers.com

ASINQ

SatoshiLabs

1ML.com

What is Lightning trading week?

Lightning trading week is basically an initiative we launched, during which we will:

Do our best to complete the offer book

Incentivize traders to participate by reducing the exchange fee to 0.3%

Trade workflow

Every trade at hodlhodl.com is completed in a peer-to-peer manner, meaning that you trade directly with other people. We only provide you with a technical solution for this & 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 to 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.

Existing offers

There are already more than 120 Lightning offers at Hodl Hodl — you can buy & sell bitcoins through them while using the Lightning network, with new offers automatically being posted to our:

Dates of upcoming Lightning trading weeks

25th of September to 2nd of October

30th of October to 6th of November

4th to 11th of December

Please share this, invite everyone to participate, and let’s increase adoption of the Lightning Network, not only within the community but outside it as well!

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.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!