Bitonic vs Hodlhodl

Updated: October 2025

Quick take

Bitonic favors a brokerage experience with automatic withdrawals and straightforward onboarding. Hodlhodl suits non‑custodial P2P with multisig escrow and many fiat methods. Compare custody expectations, KYC posture, recurring buys, payment rails, and whether marketplace trading or brokerage fits you.

Bitonic vs Hodlhodl — full comparison (Buy Bitcoin)
Platform	Exchange P2P
Features	iDeal Bitcoin will automatically be sent to your wallet EU only No KYC Non-custodial Many payment methods Required to build reputation on closed platform High premium without reputation No recurring buys
Fees Processing fees	1% recurring monthly buys: up to €250: 0% €250 and up: 0.89% 0.5%
DCA (Dollar Cost Averaging)	Yes: but free only on the first €250 with every purchase No
Payment Methods	iDEAL, Bancontact, SEPA Bank Transfer, Revolut, Cash in Person, Wise, SEPA, PayPal
Custody & Control	Custodial Non-custodial
KYC Required	Yes No
Open Source	No No
User Experience	0.0 out of 5 rate (0) 0.0 out of 5 rate (0)
Interface	Mobile & Desktop Desktop only
App Ratings	iOS: 4.5 Android: 4.4 No app available
Profile Founder(s)	Robert de Waard, Jouke Hofman & Niels van Groningen Max Keidun
Company description	Bitonic is the oldest and largest Bitcoin-only broker in the Netherlands, founded in 2012, with a reputation for reliability and simplicity. They offer fast, automatic Bitcoin delivery via iDEAL, SEPA... Bitonic is the oldest and largest Bitcoin-only broker in the Netherlands, founded in 2012, with a reputation for reliability and simplicity. They offer fast, automatic Bitcoin delivery via iDEAL, SEPA, and Bancontact, and their fully automated system ensures quick transfers. Bitonic is the oldest and largest Bitcoin-only broker in the Netherlands, founded in 2012, with a reputation for reliability and simplicity. They offer fast, automatic Bitcoin delivery via iDEAL, SEPA, and Bancontact, and their fully automated system ensures quick transfers. It stands out with its direct purchase model, selling Bitcoin from its own stock for instant delivery and transparent pricing, avoiding third-party intermediaries. Bitonic offers buying, selling, and saving Bitcoin via iDEAL, SEPA, or Bancontact and provide an Auto Invest savings feature, allowing users to easily set up recurring Bitcoin purchases, (though only up to €250 \| 271,023 sats) and a business solution for Bitcoin payments. Its app, rated 4.5 stars on iOS, is praised for its clean, no-nonsense design, though some users report slow verification. The platform uses multi-signature cold storage for security and encourages self-custody with personal wallets. Their vision focuses on making Bitcoin accessible and easy for Dutch and European users, backed by education through Bitonic Academy and news via Bitcoin.nl. Overall, Bitonic is ideal for beginners who want a reliable, no-altcoin platform in Europe, with fast transactions, clear pricing and a strong local support. Hodl Hodl is a peer-to-peer (p2p) Bitcoin trading and lending platform based in London that stands out by being fully non-custodial and privacy-focused. Instead of holding funds, it uses multisig escr... Hodl Hodl is a peer-to-peer (p2p) Bitcoin trading and lending platform based in London that stands out by being fully non-custodial and privacy-focused. Instead of holding funds, it uses multisig escrow contracts, so users retain control of their Bitcoin until both parties agree to release it, shifting trust from the exchange to individual traders, as trades happen directly between user's Bitcoin wallets rather than a centralized entity. Hodl Hodl is a peer-to-peer (p2p) Bitcoin trading and lending platform based in London that stands out by being fully non-custodial and privacy-focused. Instead of holding funds, it uses multisig escrow contracts, so users retain control of their Bitcoin until both parties agree to release it, shifting trust from the exchange to individual traders, as trades happen directly between user's Bitcoin wallets rather than a centralized entity. What separates Hodl Hodl from custodial platforms is its ability to let people trade without KYC (Know Your Customer) or central control, supporting over 100 currencies and various payment methods including cash, bank transfers, even PayPal. You do pay a higher premium on Bitcoin set by the seller, especially when you're a beginner and have to build a reputation on the platform. The web-based interface is beginner-friendly, praised by users for easy signup without mandatory ID checks, though users note clunky navigation and scam risks from unresponsive traders. To unlock significant transaction amounts, users must build trust through reviews and completed trades, as higher limits depend on a strong reputation score. Hodl Hodl's vision is to foster a decentralized Bitcoin economy, ideal for beginners who want self-custody and anonymity, but users should be careful, stay informed, and follow best practices during trades.
Founded in	2012 2018
Website	bitonic.nl hodlhodl.com
Availability	Available in Europe Available in South America, Europe, Africa, Asia, Oceania

FAQs

Does HodlHodl require KYC?

No. HodlHodl is a non-custodial P2P marketplace with no mandatory KYC.

Can I use SEPA or Wise on HodlHodl?

Yes. HodlHodl supports many rails, including SEPA and Wise (availability depends on the counterparty).

Which is faster for first purchase?

Bitonic sells from its own stock with automatic delivery after payment, making it typically faster than a P2P trade on HodlHodl that depends on finding and completing a trade with a counterparty.