# Hodl Hodl

> Source: https://fuckyc.org/services/hodlhodl/
> Website: https://hodlhodl.com/
> Categories: P2P exchanges
> KYC: none — Email account required; identity verification is not required to trade. Hodl Hodl does not custody funds during a trade.
> Status: active
> Jurisdiction: Estonia (operator-disclosed)
> Fiat on-ramp: yes
> Payment methods: sepa, faster-payments, cash-by-mail, bank-transfer, revolut, wise, gift-card
> Founded: 2017
> Open source: no
> Custodial: no
> Last verified: 2026-01-01

## Verdict

Hodl Hodl is a no-KYC, non-custodial P2P Bitcoin exchange. The operator escrows trades in multisig — they referee but do not custody. The email-only signup is a step up from Bisq's no-signup model in friction but down in metadata. For SEPA, Revolut, and cash-by-mail trades, Hodl Hodl is one of the most-used venues.

## Strengths

- Non-custodial multisig escrow; the operator cannot abscond with trade funds.
- Wide payment-method coverage including cash by mail.
- Long operating history with no recorded exit-scam pattern.

## Caveats

- An email account is required, though identity is not.
- Selected offers may be geofenced for certain U.S. states.
- Dispute resolution is mediated by Hodl Hodl staff, not arbitrary peers.
- Facts need re-verification by operator (last seeded 2026-01).

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## What Hodl Hodl is

A peer-to-peer Bitcoin exchange with multisig escrow and operator-mediated dispute resolution. The operator does not custody funds at any point during a trade.

## Threat-model fit

Good fit when you want operator-mediated escrow without operator custody, and when your payment method is one of the well-covered fiat rails.

## Sources

- [Hodl Hodl FAQ](https://hodlhodl.com/pages/faq) — accessed 2026-01-01
- [KYCnot.me — Hodl Hodl entry](https://kycnot.me/service/hodlhodl) — accessed 2026-01-01