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)