P2P bitcoin exchange Hodl Hodl closes private funding round
Hodl Hodl, a P2P cryptocurrency exchange today announced that WhalePanda, Ambroid, Marsmensch and two more undisclosed persons became the first investors of Hodl Hodl.
In 2019 Hodl Hodl plans on using the funds to improve the P2P exchange platform, release a P2P prediction contracts market (aka P2P bitcoin futures) and release a number of other stealth features that will “hopefully be incredibly useful to the Bitcoin economy.”
Hodl Hodl also informed today they will lower exchange commission to 0.4% starting in December 2018, until the end of the year.
Hodl Hodl is a P2P cryptocurrency exchange that allows users to trade directly with each other and it doesn’t hold user’s funds — locking it in multisig escrow instead — which minimizes the possibilities of crypto assets theft and reduces trading time. Because Hodl Hodl does not hold any money (neither cryptocurrencies, nor fiat) it is not subject to complex compliance procedures. In result, trades happen directly between users’ wallets and you do not open your identity to the exchange.
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