HodlHodl is increasing their fees
Hey gang! Big market maker on HodlHodl here. Unfortunately I recently received bad news and that will be causing the spread to go up.
HodlHodl used to have a fee of 0.5%. This made it so I could charge a reasonable 3% for BTC. Unfortunately this will be causing the total spread to be about 4.5% which feels unreasonable to me.
“After many years without changes, we're adjusting our fees. The new structure is:
• 0.75% from the seller and 0.75% from the buyer
• 1.5% origination fee on every lending contract
Thank you for being with us.
The Hodl Hodl Team”
On the old fee amount:
$10,000 order would have a $50 fee (from HodlHodl)
Now: $10,000 order would have $150 fee (from HodlHodl)
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from Bitcoin - The Currency of the Internet https://ift.tt/j2unIq1
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