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Ledn

Bitcoin Only
Established 2018
Canadian digital asset financial services company offering Bitcoin-backed loans and savings accounts. Ledn uses a tiered interest rate structure: standard loans start at 11.49% APR, with rates as low as 9.25% for loans above $2 million. Provides proof of reserves, transparent lending practices, and institutional-grade custody.

Interest Rates

APR Range9.25% - 11.49%
Origination FeeNone

Loan Details

Minimum Loan$500
Maximum LoanNegotiable
Max LTV50%

Example Loan Calculation

Based on a $50,000 loan at 9.25% APR over 12 months

Interest-only option

$385
Monthly Payment
$50,000
Payment Due at Maturity
$4,625
Total Interest

Illustrative estimate only. Actual rates, fees, payment schedules, and payoff amounts may vary.

Customer Reviews

8 reviews
Anonymous

Putting my bitcoin to work

Ledn provides a fantastic way to leverage my BTC without selling... Using my assets as a collateral is straightforward and it's one of the best tools.

5/3/2026
Anonymous

Actually reliable for lending risk

Been looking for a place that doesn't just shill the highest apy without looking at the actual risk. 21rates hits that sweet spot. i used their comparison for ledn and liked how they broke down the proof of reserves and custody setup. most sites feel like marketing fluff, but this feels like it was built by guys who've actually been in the space long enough to see the blowups. helped me make a way more informed choice for my stack.

5/3/2026
Anonymous

Reliable and Transparent Bitcoin Lending Experience

I’ve had a great experience using Ledn as a Bitcoin lending service. The platform is easy to use, the terms are clearly explained, and everything feels transparent from start to finish. Deposits and account management are straightforward, and I appreciate the focus on security and risk management. What I like most is the simplicity no unnecessary complexity, just a clear lending process with predictable outcomes. Customer communication has been solid, and the overall service feels professional and trustworthy, especially compared to many other crypto lenders. So far, the experience has been smooth and consistent. If anything, more frequent updates or added features would be a bonus, but overall Ledn delivers exactly what it promises. I’d confidently recommend it to anyone looking for a reliable Bitcoin lending option.

3/3/2026
Anonymous

Excellent lender !!!

I was not sure about all these lend product but i tried it ! Ledn was easy to setup and fast ! Get more bitcoin with your bitcoin !

2/12/2026
Anonymous

The premier Bitcoin lending service.

Ledn empowers true Bitcoin sovereignty: borrow against your stack securely, flexibly, and transparently without counterparty drama. In 2026, with mainstream adoption growing, this is the go-to for anyone serious about leveraging BTC without selling. Whether for real-world expenses, more stacking via B2X, or just smart capital efficiency — Ledn gets it right every time.

1/19/2026

Frequently Asked Questions About Ledn

Ledn offers Bitcoin-backed loans starting at 9.25% APR up to 11.49% APR. Actual rates depend on loan-to-value ratio, loan amount, and term length.

The minimum loan amount at Ledn is $500. This allows both small and large borrowers to access Bitcoin-backed lending.

Ledn has a risk score of 8.2/10 based on our analysis of custody practices, regulatory compliance, and operational history. Risk Score: 8.2/10. Strengths: no rehypothecation, conservative LTV, Bitcoin-only focus.

Ledn offers a maximum loan-to-value (LTV) ratio of 50%. This means you can borrow up to 50% of your Bitcoin's current value. Higher LTV means more borrowing power but also higher liquidation risk.

Ledn offers loan terms of 12 months. Interest Only,Principal + Interest

About this analysis

21Rates Editorial TeamBitcoin Financial Research Analysts

Our research team analyzes Bitcoin lending platforms using proprietary risk scoring, rate comparison data, and user reviews. We independently verify lender terms and maintain up-to-date information to help you make informed borrowing decisions.

Last verified: July 2026