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What is Hodl Hodl?
Hodl Hodl is an innovative peer-to-peer (P2P) Bitcoin trading platform that facilitates secure and anonymous user transactions without holding funds. This non-custodial trading solution emphasizes privacy and security, allowing individuals to create terms for trades in any currency using diverse payment methods. Over seven years, Hodl Hodl has supported more than 50,000 trades and amassed over 100,000 registered users globally.
The platform has been designed to ensure a user-friendly trading experience through a revamped interface and streamlined contract flow. Utilizing multisig (P2SH) escrow technology requires two out of three keys for fund releases, granting users control over their funds throughout the trading process. Furthermore, Hodl Hodl maintains user anonymity by eliminating the need for verification. For those new to trading, it offers comprehensive tutorials detailing every step from contract creation to payment processing and completion.
With various customizable options, Hodl Hodl empowers users to set their prices, choose multiple payment methods, and even implement stop-loss values. The trading fees are straightforward, split between the buyer and seller, and deducted from the Bitcoin transaction. Additionally, users can hone their skills in a testnet environment without any financial risk. The platform also features an extensive FAQ section to tackle common queries, underlining its commitment to providing a secure, private, and efficient trading experience for all participants.
Frequently Asked Questions
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