Bitfinex x Hodl Hodl Collaboration
Bitfinex & Hodl Hodl have announced that Bitfinex will invest in the peer-to-peer P2P bitcoin trading and lending platform.
As an exchange committed to supporting the bitcoin ecosystem, Bitfinex aims to further the adoption of genuine use cases for bitcoin, including exploring integrations with Hodl Hodl services. As a non-custodial platform for bitcoiners, made by bitcoiners, Hodl Hodl enables its users to undertake trading and lending in a pure P2P fashion, without the need for a centralized third party.
“When it comes to genuine support of the bitcoin ecosystem, Bitfinex is about action rather than just words,” said Paolo Ardoino, CTO at Bitfinex. “Our investment in Hodl Hodl will help grow its amazing community and support the wider digital token ecosystem.”
“We are very excited to collaborate with such an experienced and influential industry player,” said Max Kei, CEO at Hodl Hodl. “We can learn so much from the high-level expertise of the Bitfinex team and will benefit greatly from the additional resources now available to us. There are so many things to be excited about. Still, it is important to state that the Hodl Hodl team will stay independent and stick with our core values of building non-custodial, anonymous and bitcoin-only products.”
Tether tokens (USDt), the most liquid, stable and trusted stablecoin, plays an important role in providing liquidity on Hodl Hodl’s lending platform. “If you’re using Lend at Hodl Hodl, expect an inflow of new users and more liquidity coming, and if not, it’s the best time to start,” said Kei.
Bitfinex stands out as one of the few major cryptocurrency exchanges that has integrated the Lightning Network, underlining the exchange’s support for the technology and the wider bitcoin ecosystem.
What is Hodl Hodl?
Hodl Hodl is global P2P Bitcoin trading platform that doesn’t hold funds.
