Looking for a proven alternative to Arch Lending? Open a Ledn account and see why it’s the leading lending platform for digital assets.
Both Ledn and Arch offer bitcoin-backed loans, allowing clients to access cash without selling their digital assets. There are a few key differences though:
Unlike Arch, who is brand new, Ledn has a proven track record with over $6.5B of loans processed since 2018
Ledn works with the highest quality institutional partners as evidenced by its recent announcement with Sygnum bank
Ledn operates with a commitment to regulatory oversight and compliance, offering clients added confidence and security. It is registered with the Cayman Islands Monetary Authority.
Ledn is the first in the digital asset lending industry to conduct Proof-of-Reserves attestations with a Certified Public Accountant, ensuring client asset verification every six months.
Ledn offers flexible loan terms that allow clients to retain control over the use of loan collateral.
Proven Track Record
Ledn has serviced over $6.5B loans since 2018, without losing a single cent or satoshi of client assets. Arch lending has only been around since 2022.
Ledn is transparent. They were the first digital asset lending company in the crypto industry to complete a Proof-of-Reserves. By providing these biannual attestations with a Certified Public Accountant, who works independently from the company, clients can confirm their balance is accounted for. Ledn also issues monthly Open Book Reports which provide insight into how assets are being utilized to generate interest on its Growth Accounts and lower its Loan interest rates. Read Less
Transparency
Ledn operates with a commitment to regulatory oversight and compliance, offering clients added confidence and security through monthly Open Book Reports and biannual Proof-of Reserves.
Ledn is transparent. They were the first digital asset lending company in the crypto industry to complete a Proof-of-Reserves. By providing these biannual attestations with a Certified Public Accountant, who works independently from the company, clients can confirm their balance is accounted for. Ledn also issues monthly Open Book Reports which provide insight into how assets are being utilized to generate interest on its Growth Accounts and lower its Loan interest rates. Read Less
Simple & Flexible Loans
It takes less than 5 minutes to apply for a Ledn loan. There are no credit checks, no monthly interest payments, and no penalty for paying your loan back early. Ledn loans are funded within 24 hours of receiving collateral, allowing clients to get the cash they need quickly.
Client Support
Ledn offers unparalleled customer support, ensuring clients can access assistance, no matter where they are globally. With a team of dedicated professionals, Ledn prioritizes fast, reliable support to ensure smooth and secure client experiences.
Ledn’s risk management and rigorous due diligence processes ensure that they only work with high-quality institutions and reliable assets. Any counterparty lending is matched on both maturity and assets. Ledn supports only the most liquid assets in the industry BTC and USDC, and expects to add ETH and USDT soon.Read Less
Ledn prioritizes digital asset security through advanced protocols, including AES-256 encryption and 2FA activation. It partners with custodians, like BitGo, for asset storage.
It was the first crypto lending firm to complete a Proof-of-Reserves attestation by an independent CPA, confirming user balances.
Rigorous risk management and due diligence ensure collaboration with high-quality institutions, aligned in terms and assets.
Ledn supports only the most highly regarded assets in the industry (BTC, USDC, USDT, and ETH), with thorough due diligence enabling viable lending and savings globally.
Ledn continues to gain recognition in the digital asset space with two major announcements. First, the company secured a groundbreaking $50 million Bitcoin-backed syndicated loan from Sygnum, highlighting institutional confidence in Ledn’s financial practices. This loan will fuel expansion in retail lending, further integrating Bitcoin into mainstream financial markets.
Additionally, Ledn earned an A- equivalent credit rating from Agio Ratings for its Custodied Loans funding vehicle, marking a first in the industry. This rating underscores Ledn’s strong risk management and transparency, setting a new benchmark for Bitcoin-backed financing.
The Ledn difference lies in its commitment to transparency and security.
It has never paused client withdrawals. Users can expect reliable access to their assets. Its clear rate structure ensures borrowers and savers know exactly what to expect, without hidden fees.
Supported by robust risk management and stringent due diligence, Ledn prioritizes asset security and protection. Ledn’s approach to generating yield through partnerships with institutional market makers helps users to safely make the most of their digital assets.
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.
C
Clarke DB •
“I had the opportunity and good fortune to meet Mauricio Di Bartolomeo and Mr. John Glover in their amazing offices in Toronto. Once again, I received confirmation that my choices of where to place my trust and investments have proven to be correct. I am particularly pleased to have had the opportunity to exchange important words with them about the new products that are coming. Thank you again.”
JB
John Bishop •
With Ledn about three years. So far so good. Its very hard to trust any central cypto entity these days after all the scams. But I view Ledn is solid bet for a portion of your crypto. Recently took out a dollar loan to pay off credit card without any issues.
LC
Ledn customer •
Talking to the representative. Getting the help I need from them. That made me very happy. I was very thankful and grateful for it. Therefore, I was able to change my password and unlock my account. Thank You.
KA
Krishni Aranwela •
After a couple years of using Ledn, I had nothing but good experiences with them, but nonetheless during the craziness of early 2023 (FTX, etc.) I stopped using their services because I did not have a clear idea of "where does the yield come from?" Then recently I was happy to see that they are addressing that question very thoroughly with a series of monthly posts showing exactly where the yield comes from. I was happy to replenish a USDC saving account with them.
CK
Chris Kapilla •
I think the service offer that Lend brings to the Crypto market is very good. They have a very interesting, well chosen blend of financial products that are very attractive.
The customer service is very professional and fast. The user experience is extreamly easy, but at the same time it offers all the important information about each product, with full transparency. The seem to be well backed-up, as the the navigated with success through different recent crypto-storms. Very recommended
JO
Jorge •
My experience was great ! I had a good experience because I had to first get to know how the website worked. I had got to know how the website worked at first by exploring it for the first time. This second time it worked like a charm. I figured out everything. On my own … ! How the loans work etc. but I need kyc verification first. So I have to work with that, etc. … .Overall, Ledn.com is a great experience for me. I would suggest anyone taking or looking for a short term loan, look no further. Everything is right here… . Thanks !
KA
Krishni Aranwela •
I am very happy with my decision to use Ledn for several Bitcoin backed loans. You can trust that Ledn will keep your assets safe with their proof of reserve business model. If you're looking for a strong finanical partner that goes above and beyond in their customer service, look no further than Ledn.
C
Clarke DB •
Been with Ledn for over 3 years. Went through the several market crashes together and entities falling down. Ledn didnt get a scratch! That says something about their risk profile.
C
Clarke DB •
While many crypto lenders lack transparency and strong risk management — and others collapse — Ledn stands strong.
Earn interest on your Bitcoin, ETH, USDT, and USDC or access cash loans to buy more or cover expenses.
