Looking for the best Haru alternative? Open a Ledn account and see for yourself why Ledn is the best.
Both Ledn and Haru Invest are cryptocurrency lending platforms.
However, there are several key differences between the two .In June, Haru Invest paused deposits and withdrawals for 80,000 users in 140 countries.
It has given no indication of if or when full access to funds will be restored. The platform cited issues with their service provider. There have been allegations of false accounting.
In July, Haru Invest laid off over 100 employees as legal issues escalated. With a fraud investigation underway, South Korean prosecutors have imposed a travel ban on Haru Invest executives.
Unlike Haru, Ledn has an unblemished record of never pausing client withdrawals. It offers competitive lending and saving rates without hidden fees.
Ledn prioritizes asset security with world-class protocols, AES-256 encryption, 2FAactivation, and storage through qualified custodians, like BitGo.
Ledn offers the ability to generate interest for digital asset holders via its ring-fenced Growth accounts.
Proven Track Record
Ledn prioritizes safeguarding clients' assets, with advanced security protocols and partnerships with trusted custodians like BitGo. Haru Invest faces uncertainties in asset recovery.
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
Clear Communication
Ledn provides transparent lending and saving rates without hidden fees. In contrast, Haru Invest has suspended withdrawals and deposits indefinitely due to ongoing investigations, leaving users in a state of uncertainty.
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
Ongoing Operations
You can get started with Ledn today. Haru Invest has halted new deposits and is embroiled in legal actions, impacting its ability to provide regular services.
Crypto holders are turning to Ledn for its commitment to operational stability, transparent rates, and robust asset security. Ledn offers reliability and clarity in an uncertain crypto landscape.
Ledn prioritizes digital asset security with cutting-edge encryption and 2FAactivation, ensuring clients' assets remain protected. We have a proven track record of asset security and have never paused withdrawals.
Ledn offers competitive, but realistic lending and saving rates for its range of products, including savings or growth accounts and lending services.
Haru Invest was offering up to 14% annual returns on crypto investments. However, it is now unclear whether its users will be able to access their assets.
Before withdrawals at Haru Invest were paused, some users reported that they had not received any interest payments or rewards for months, and that customer support was unresponsive or evasive.
Ledn is committed to transparency, security, and operational excellence.
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.
“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 •
What is Haru Invest?
Is Haru Invest Safe?
