Ledn

Ledn is a digital-asset lending and savings platform. It allows users to use Bitcoin as collateral to borrow USD or stablecoins, or to earn yields via growth (savings) accounts. It emphasizes transparency, proof of reserves, and flexibility - no credit checks for loans and no penalties for early repayment.

Loan Terms & Borrowing Rate

• APR (Annual Percentage Rate) for Bitcoin-backed loans is 12.4%. This includes a 10.4% interest rate plus a 2% origination fee.
• Loan-to-Value (LTV) is typically 50%, meaning you must deposit BTC worth about twice the amount you want to borrow.
• Minimum collateral is approx. $500 worth of BTC.
• The 2% origination fee applies at the start of each loan for certain countries

Growth (Savings) Account

• Growth Accounts offer 6.5% APY on USDC/USDT for balances up to $100,000.
• For balances over $100,000, the rate increases to 8.5% APY.
• Interest is compounded monthly.
• Growth Accounts are not available in the U.S. or Canada, and are restricted in many other countries.

To confirm what products are available in your region, check Ledn’s eligibility list.