Hodl Hodl review
Hodl Hodl is a P2P market. ID rule from its own pages: ID only if flagged. kycnot.me rates it level 3, Shotgun KYC.
ID only if flagged
Hodl Hodl asks for ID only if a payment is flagged, per its own pages. You hold the keys.
Latest release: Not published
Choose Hodl Hodl if
Who Hodl Hodl suits, from the values on this page.
Hodl Hodl suits you if
- You want no ID for normal use: Hodl Hodl asks only if a payment is flagged.
- You want to keep your own keys: on Hodl Hodl, you hold the keys.
- You want to pay or get paid over Lightning.
Hodl Hodl might not be the right fit if
- You want a market that can never ask for ID: Hodl Hodl can ask if a payment is flagged.
- You do not want an account: Hodl Hodl needs one.
- You want Monero: Hodl Hodl does not list it.
- You want open-source code: Hodl Hodl's code is not open.
- You live in the US: Hodl Hodl is not available there.
- You want a market with no incident on record: Hodl Hodl had one in 2021.
What kycnot.me says about Hodl Hodl
kycnot.me is an independent directory of services you can use without ID checks. The rating and notes below are its own, not ours.
An ID check or a hold on funds can come up during a transaction, usually through anti-money-laundering screening, limits or partner rules. kycnot.me sorts services into five levels, from 0 (never asks for ID) to 4 (ID is mandatory).
Not accepted: Monero.
Pros kycnot.me lists
- Identity-Free registration
- Non-custodial wallet
- Escrow available
- Mature service
- Peer to peer market
- Non-custodial protocol
- Legally registered
Cons kycnot.me lists
- May require KYC/SOF by policy/law
- Service Termination Policy
- May suspend your account
- Data Sharing
- Transaction monitoring
- Account required
- Source code is private
Also noted: API available, Email required, JavaScript needed, Mobile app available, Some countries are restricted
Events kycnot.me lists
- No date given: Warning. kycnot.me writes: “New AML scanning policy for all incoming BTC”
Source: the kycnot.me listing. Hodl Hodl on kycnot.me (opens in a new tab)
Checked October 22, 2026
Inside Hodl Hodl
Screenshots taken November 3, 2026
- Platforms
- Browser platform with email account; public API; no mobile app mentioned
What you get with Hodl Hodl
Yes, no or partly, from our dataPrivacy 0 of 6, 1 partly
- No IDPartlyIf a payment is flagged
- No accountNo
- Tor built inNot statedNot statedHodl Hodl's own pages we checked do not say. This is not the same as no.
- Onion addressNoNone published
- I2P addressNoNone published
- Works without JavaScriptNot statedNot statedHodl Hodl's own pages we checked do not say. This is not the same as no.
Coins 2 of 4
- BitcoinYes
- MoneroNo
- LightningYes
- ZcashNo
Custody and code 1 of 4
- You hold the keysYes
- Open sourceNo
- Reproducible buildsNot publishedNot published
- Address screeningNot statedNot statedHodl Hodl's own pages we checked do not say. This is not the same as no.
When can Hodl Hodl ask for your ID?
If a payment is flagged, per Hodl Hodl's own pages. Labels come from each provider's terms, never from our guess.
- 1Never, by designNo company holds your order, so nobody can ask
- 2Only if you chooseID only for extras you opt into
- 3If a payment is flaggedHodl Hodl is on this stepNo ID by default; checks when a risk system flags you
- 4Above a limitID once you pass a stated amount
- 5AlwaysID before you trade, deposit or withdraw
If a check comes and you do not pass it
Hodlex holds one of three escrow keys and cannot move funds alone, but in a dispute support decides who receives the escrowed BTC; not providing requested information within 10 hours can be grounds to rule against the user, plus account suspension or termination
“Non-response is treated as interference with dispute resolution and may be grounds to rule against you.”
What triggers a check: Dispute resolution (full name, date of birth, country, government-issued ID, bank or payment account statements); applicable law or internal policies (mandatory verification may be introduced at any time); sanctions screening and fraud prevention
Not stated on Hodl Hodl's pages: fee on refusal, refund policyHodl Hodl's own pages we checked do not say. This is not the same as no.
- If a trade goes wrong
- Hodlex support reviews disputes within 12 hours using the terms of trade, payment proof, chat and reputation; parties must answer within 10 hours; a review can be requested within 120 days; trades paid in person are not mediated
- How trust works
- Public profile with reputation score, trade statistics and online status; support also weighs user reputation in disputes; the Verified badge is kept only by accounts verified before voluntary verification was suspended
Checked October 22, 2026
What Hodl Hodl costs
| What | Hodl Hodl |
|---|---|
| Trade fee | 0.75% per trade (0.5% for referred users and active referrers), split between buyer and seller and deducted in BTC; dynamic minimum fee normally up to about 5 USD; Trezor-referred users pay an extra 1%; Lightning offers add a small Satora swap fee |
| No-ID limit | No maximum stated; minimum contract amount 0.00025 BTC |
- Typical premium today
- As of: 2026-10-22T16:52Z; EUR sell offers: 91; EUR sell median pct: 6.2; USD sell offers: 48; USD sell median pct: 4.2; reference: Kraken XBTEUR and XBTUSD mid price (public Ticker API) at 16:52 UTC
- Ways to pay
- Listed: 432; by type: Bank wire: 238; Online payment system: 173; Cash: 9; Stablecoins: 7; ATM withdrawal: 4; Bitcoin L2: 1
- Currencies
- Count: 59; note: the public API lists 61 currencies, 59 of type fiat
- Trade limits
- Minimum contract amount 0.00025 BTC; no platform maximum stated, each offer sets its own minimum and maximum
- Typical time
- Set per offer: payment windows are mostly 90 minutes (503 of 575 open offers, 30 to 600 minutes), escrow funding needs 1 confirmation in 565 offers; the buyer may open a dispute once the payment window has expired
- Open offers
- As of: 2026-10-22T16:52Z; count: 575; buy: 301; sell: 274
- 30-day volume
- Not published
What Hodl Hodl knows about you
Who sees what during a trade, and who runs it.
During a trade
No ID check does not make a bank payment private.
Network and who runs it
- Governance
- Hodlex Ltd, Marshall Islands (business number 89220) (company)
- Requests from authorities
- Personal data may be disclosed to law enforcement, regulators or courts where required by law or a valid legal order; no transparency report
- Warrant canary
- Not published
Checked October 22, 2026
Track record and code
One security incident on the lending product (2021, press report quoting a signed Hodl Hodl statement); none found for the P2P marketplace.
Incidents
- 2021Aug 1, 2021: Audit found that some user payment passwords might have been compromised; Hodl Hodl migrated or force-liquidated a limited number of Lend (lending) contracts and later apologised for poor communication.
- Regulator warnings
- None found
- License
- Proprietary
- Audits
- Not published
- Bug bounty
- Not published
- Support
- Email [email protected] (general); email [email protected] (disputes); email [email protected] (data protection); contract chat (disputes)
- Wallet needed
- Yes: a Bitcoin wallet (on-chain) or a Lightning wallet for LN-BTC offers; trades settle between the users' wallets
Checked October 22, 2026
Community
Discussions about Hodl Hodl on Reddit (opens in a new tab) (r/hodlhodl)
More facts we checked on Hodl Hodl
- Coins listed
- Count: 1; assets: BTC
- Networks
- Bitcoin on-chain (2-of-3 P2SH multisig escrow); Lightning (LN-BTC offers, Arkade escrow)
- Rate type
- Not published
- Log retention
- Account and trades: 5 years after account closure or last activity; disputes and support: 5 years after the matter is closed; identity documents: 5 years after the dispute or account closure; technical access logs: 12 months
- Onion address
- Not published
- I2P address
- Not published
- Security deposit
- Not published
Hodl Hodl in the US and elsewhere
In the US
US availability: Not available
- Blocks US IPs
- Terms: US citizens, residents and anyone located in the US (all states, DC and territories) may not use the service
- VPN clause in terms
- Not published
If you are a US person, US sanctions rules apply to you whether or not a service asks for ID.
Outside the US
Where Hodl Hodl does not serve
11 places in its terms
Russia
Belarus- United States (all states, DC, Puerto Rico, U.S. Virgin Islands, all U.S. territories and possessions)
Cuba
North Korea
Iran
Iraq
Syria
Sudan- Somalia
- UN embargoed jurisdictions
Show all 11 places+5 moreShow fewer
Regional rule: Not statedHodl Hodl's own pages we checked do not say. This is not the same as no.
- Site blocks by region
- Offer lists are filtered by the approximate location derived from the IP address; the terms bar users in or from restricted countries
Where you live and the provider's terms
Many services on this page do not serve every country. Some exclude people because of where they live or their citizenship, not only where they connect from. Read the provider's terms before you send funds. If the terms exclude you, do not use the service, and do not try to get around the restriction, for example with a VPN.
Taxes
A service that does not ask for ID does not change your taxes. In the US, the federal income tax return asks a yes-or-no question about digital assets, and you must report digital asset transactions whether or not they result in a gain or loss. In the UK, you may owe Capital Gains Tax when you sell, swap or spend crypto, and you must keep your own records. Rules in other countries differ.
No KYC is not anonymity
"No KYC" here means the provider says it does not ask for ID in the cases its terms describe. It does not make you anonymous. Hodl Hodl's terms say it can ask for ID in these cases: Dispute resolution (full name, date of birth, country, government-issued ID, bank or payment account statements); applicable law or internal policies (mandatory verification may be introduced at any time); sanctions screening and fraud prevention. Regulated exchanges you send funds from or to may have to collect information about who sends and who receives a crypto transfer. Your tax duties stay the same.
Funds can be held
If a provider asks for more information during a swap or a withdrawal, it may hold your funds until it gets it. Its terms decide what happens next. In the UK, a crypto business that asks for information on a transfer to or from a self-custody wallet, and does not receive it, must not pass the funds on. Read what the provider's terms say before you send. Hodl Hodl's terms say that if a check is requested and not completed: hodlex holds one of three escrow keys and cannot move funds alone, but in a dispute support decides who receives the escrowed BTC; not providing requested information within 10 hours can be grounds to rule against the user, plus account suspension or termination.
Checked October 22, 2026
P2P markets to compare with Hodl Hodl
Active P2P markets from our list. The shield shows each one's ID rule from its own terms.
Hodl Hodl side by side
From our privacy data, the same fields for every marketChecked October 23, 2026
Short answers about Hodl Hodl
From the data on this page.
Does Hodl Hodl ask for ID?
Hodl Hodl asks for ID only if a payment is flagged, per its own pages. You need an account.
How much can you trade on Hodl Hodl without ID?
No maximum stated; minimum contract amount 0.00025 BTC.
Who holds your coins during a Hodl Hodl trade?
You hold the keys. Escrow-multisig: on-chain 2-of-3 P2SH multisig per contract (buyer, seller, Hodlex); Lightning offers use a 3-of-4 Arkade escrow (buyer, seller, Hodl Hodl, Arkade operator).
Can you buy Monero on Hodl Hodl?
No. Hodl Hodl does not list Monero, per its own pages.
What does Hodl Hodl cost?
Trade fee: 0.75% per trade (0.5% for referred users and active referrers), split between buyer and seller and deducted in BTC; dynamic minimum fee normally up to about 5 USD; Trezor-referred users pay an extra 1%; Lightning offers add a small Satora swap fee.
Who checked this page
Sources, how we read the terms and our process
Sources
- accounts.hodlhodl.com/privacy-policy, for how trust works, requests from authorities, warrant canary, site blocks by region, What your payment reveals and log retention, checked October 22, 2026
- bitcoinmagazine.com/business/hodlhodl-forced-liquidations-compromised, for incidents, checked October 14, 2026
- hodlhodl.com, for Monero, Zcash, bitcoin and onion address, checked October 22, 2026
- hodlhodl.com, for platforms, checked October 28, 2026
- hodlhodl.com/api/v1/currencies, for currencies, checked October 22, 2026
- hodlhodl.com/api/v1/offers, for typical premium today, typical time and open offers, checked October 22, 2026
- hodlhodl.com/api/v1/payment_methods, for ways to pay, checked October 22, 2026
- hodlhodl.com/faq, for Lightning, I2P address, 30-day volume, audits, bug bounty, wallet needed, rate type and onion address, checked October 22, 2026
- hodlhodl.com/privacy_policy, for what triggers a check and data collected, checked October 22, 2026
- hodlhodl.com/tos, for status, ID rule, no-ID limit, what happens if a check fails, custody, custody in detail, account, open source, operator, excluded countries, US availability, fees, latest release, if a trade goes wrong, trade limits, governance, license, support, blocks US IPs, VPN clause in terms, coins listed, networks and security deposit, checked October 22, 2026
- iosco.org/i-scan, for regulator warnings, checked October 22, 2026
- kycnot.me/service/hodlhodl, for kycnot.me rating, checked October 22, 2026
How we read the terms
We do not give privacy services a score. We record what each provider's own pages say: when it asks for ID, the limits, who holds your coins and what it costs. Labels come from each provider's terms, never from our guess. How we read the terms
Our process
We take fees, availability, licenses and coin counts from primary sources: Hodl Hodl's own fee schedules, terms and help pages, and the public registers kept by regulators. Every value carries the date we last checked it. The values on this page were checked between October 14, 2026 and October 28, 2026.
Not legal or tax advice. This page explains how these services work and what their own terms say. It is general information, not legal, tax or financial advice. Rules differ by country and change often. Check the rules where you live, or ask a qualified professional, before you use any service listed here.