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Ledn Reviews 

1,047
•
TrustScore 4.5 out of 5

4.3

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Rated 5 out of 5 stars

Been moving idle BTC and ETH to Ledn through the last/current dip. Collateralized loan terms are perfect for me with very low risk of liquidation; yet, I have been able to acquire more BTC at what I... See more

Rated 5 out of 5 stars

The number one company I trust when it comes to borrowing using Bitcoin as collateral. These guys are a life saver when you find cash flow hard. You utilise your collateral and know they will look af... See more

Rated 1 out of 5 stars

Ledn's KYC process requires a facial scan, which is a very sensitive biometric data. This data is handled by a 3rd party company called "Persona". In Persona's TOS it states that they can share and... See more

Rated 5 out of 5 stars

What a great business. After many have failed, Ledn continue to deliver for those of us at the forefront of digital innovation. Brilliant platform (once you get in!) with excellent (though small... See more

Company details

  1. Cryptocurrency Service
  2. also in
  3. Alternative Financial Service
  4. Asset Manager Service
  5. Car Finance and Loan Company
  6. Loan Agency
  7. Non-Bank Financial Service

Written by the company

Ledn is a leading financial services company at the forefront of Bitcoin-backed lending, offering secure and innovative solutions tailored to both retail and institutional clients. Founded with a mission to bridge the gap between traditional finance and digital assets, Ledn provides a range of products including Bitcoin-backed loans, growth accounts with competitive interest rates, and related financial services. By using Bitcoin as collateral, Ledn enables clients to unlock liquidity without selling their holdings, thus preserving their exposure to potential long-term appreciation. The company is committed to transparency, security, and compliance, working with best-in-class counterparties to ensure robust risk management and operational excellence. A recent milestone for Ledn is the securing of a $50 million Bitcoin-backed syndicated loan from Sygnum, a Swiss digital asset banking group. This partnership not only validates Ledn’s position in the market but also sets a new standard for transparency and counterparty quality in the digital asset space. Ledn’s services are designed to meet the needs of a diverse clientele, from individuals seeking to leverage their Bitcoin holdings to institutional investors looking for yield opportunities in a rapidly evolving financial landscape. As Bitcoin adoption grows, Ledn is well-positioned to lead in this emerging sector.

Written by the company


Contact info

History in the making!

The industry's first syndicated BTC-backed loan

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4.3

Excellent

TrustScore 4.5 out of 5

1K reviews

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4.3

All reviews

(1,047)

21 reviews in the last 12 months

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Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 5 out of 5 stars

They simply deliver what they promise

They simply deliver what they promise, without hype.
They offer sensible products, with good risk management and options that help you mitigate risk in times of volatility.
All correspondence has been conducted efficiently and satisfactorily.
Overall, I have no complaints with Ledn.

7 July 2024
Unprompted review
Rated 4 out of 5 stars

Friendly, simple and solid

LEDN is a fantastic service offering a few excellent products that allow you to hodl and grow your holdings. Their loan products are humble and effective, offering only a 2 to 1 leverage with reasonable liquidation targets and facility to protect from liquidation with auto top-up facilities. Their yield baring products are minimal only offering about 1% return on BTC ATM but their USDC offers competitive rates. All my contact with LEND has been quick, friendly and efficient. Withdrawal times can be a bit of an issue but the turnaround is always within the specified time window. Their management of risk appears to be pretty solid and their leverage is openly reported and available for perusal at any point. So long as the Canadian government keep their hands off, I see them as very trusted. Recommended.

2 July 2024
Unprompted review
Rated 5 out of 5 stars

Thank you Ledn!

I've had a great experience with Ledn! The team is very responsive and sticks to their word. I believe you can trust the Ledn team with your digital assets. I whole-heartedly recommend Ledn!

27 June 2024
Unprompted review
Rated 5 out of 5 stars

My first btc loan,

My first btc loan,, Maria is prompt in helping me, and all went well for a septuagenarian that went down the rabbit hole and now happy...

20 June 2024
Unprompted review
Rated 5 out of 5 stars

Great support

Great support, answering all my questions which made me confident proceeding with my funding.

Everything went smooth.

Super happy with this service.

19 June 2024
Unprompted review
Rated 5 out of 5 stars

Getting loan was easy

Getting loan was easy, there was a problem with acct number and getting the funds and they are very reponsive and proactive on email, great experience, their other holding service with proof of reserves is great as well

6 June 2024
Unprompted review
Rated 5 out of 5 stars

A great liquidity resource to borrow from your BTC and ETH

I was quite skeptical, having faced challenges from another vendor in the past. So I did an initial loan as a test in March and have since completed three more. The process is Fast (within a week). Just remember to respond to support emails, as there is a confirmation process for the "use of funds" before they fund and wire even though a declaration of use of funds is made in the application process. An additional use of funds email needs to be sent back or it will delay the loan process. Customer Support is very responsive. I will definitely use them more, as the service is a great liquidity resource at a nominal fee.

3 June 2024
Unprompted review
Rated 5 out of 5 stars

LEDN Customer Support Top Notch

LEDN’s Customer Support was highly knowledgeable and prompt in answering my many queries — shout out to Nicolas! Very helpful in me making an informed decision to secure a BTC-backed loan with favorable terms in what has turned out to be an optimal time.

The fact LEDN’s commitment to transparency and third-party accountability checks being built into their risk management system is also without parallel — especially when comparing to some of the bad actors in the industry in recent years.

Keep doing what you’re doing, LEDN.

5 June 2024
Unprompted review
Rated 5 out of 5 stars

All of Canada is not shut out from BTC financial services

If you have questions regarding what is available to Canadians I recommend you inquire as provinces have unique rules. I reached out and got great feedback from the Ledn team. I thought most services were no longer available in Canada due to Canada fascist government trying to stifle decentralization, however not everything has been shut down in Canada!

30 May 2024
Unprompted review
Rated 5 out of 5 stars

Amazing user experience

LEDN is a solid and experienced company in the bitcoin ecosystem. Although I do not own Ethereum, they now have lending and interest generating services for Eth as well. Their custody mechanisms are safe and transparent. Customer support is helpful and agile. I use their bitcoin collateralized lending services with confidence. An important company that delivers! 5 stars. ASL

30 December 2023
Unprompted review

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