Bitcoin lending services to maximize your Bitcoin returns.
Excellent customer service.
Transparent and adheres to proof-of-reserves.
Ledn is a lending platform that offers lending services while using Bitcoin as collateral. The company is a diverse, Toronto-based team that prides themselves in bringing world-class financial services to their clients. Founded in 2018 by Adam Reeds and Mauricio Di Bartolomeo, the two wanted to build a company that helps people save in digital assets with access to loans. Ledn’s suite of products offer their customers the ability to use Bitcoin-backed loans and other lending-based financial instruments that one would find at traditional banks. The process for applying to a Ledn loan is simple and aims to be as straightforward as possible for the company as well as the customers.
Ledn also provides proof-of-reserves for their clients in order to prove that they hold the funds that they claim to hold. They hold all digital and collateral assets in their own custodial-grade cold storage facility. Each of their clients’ funds are stored in their own individual wallet address for transparency and allows each client to monitor their balance on any block explorer.
Ledn has a number of products and services that are not yet offered at other exchanges. The company focuses on providing a seamless experience with their application process while providing an easy to use interface. Here are their main features:
Bitcoin Mortgage: Ledn recently released Bitcoin Mortgage and is available for certain customers in Canada. You can use your Bitcoin holdings to buy a new property or finance the home you already own. Clients who are interested in this product will need to own Bitcoin equivalent to the property they are purchasing (or already own). Both the Bitcoin and property are accepted as collateral, and a loan is issued equal to 50% of the combined value of both assets.
Ledn supports the following payment methods:
Ledn operates in the following countries:
You will need to contact email@example.com to verify if your country currently qualifies for a Ledn loan.
“A good, solid, service. I also like that they did not fall into hubspot data breach due to their careful handling of permissions, unlike BlockFi. Good response from customer service. Excellent interest rates for savings. Only downsides for me are the lack of coins other than USDC and BTC, no free USDC withdrawals, and the website is a little bit boring (maybe a good thing!). All round I was really pleased with ledn - happy to trust them with my funds.”
“I'm very satisfied with Ledn support. I only have a pair of months as a client but I trust completely in this platform, especially after I saw an interview with Mauricio di Bartolomeo, the venezuelan guy that, like me (I'm from Paraguay), represents South America in a brilliant way! Let's grow together!”
“Ledn offers the absolute best rate on USDC that I've been able to find on any CeFi lending platform: 12.50% on USDC at the time of writing this review. They also offer solid rates on BTC.”
2FA is an important feature that Ledn utilizes for account security on the customer’s end for when they need to login and confirm transactions. Ledn also requires video verification for withdrawals that are above certain limits for added security.
Ledn provides some of the best customer service in the space to get started. All exchange services are available for their customers to buy, sell, and trade BTC and USDC. Their comprehensive security protocols are the industry standard and take extensive steps to protect customer data.
Yes, Ledn is available in most countries. You may send an email to firstname.lastname@example.org to check if they offer their services in your area.
No, Ledn does not require a minimum initial deposit or an opening balance. You may also earn interest with no minimum.
No fee is required for signing up for a Ledn account.
Yes, the new client and referee will both receive 10 USDC once the holding period for the new account is completed.
Ledn has no fees for its services and products. All market prices will be listed at a slight premium to the actual prices. A minimum of 0.0005 BTC may be withdrawn. All withdrawal fees will vary depending on how much you choose to pay for the network fees (for miners to verify your transactions on the network).
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