Ledn Review 2026
The Bitcoin bank — yield and loans, nothing else
Proof of ReservesChainalysis Verified
Affiliate disclosure: Some links on this page are affiliate links. If you open an account, we may earn a commission at no extra cost to you. This never influences our scores or rankings — see our methodology.
BC
5.4
Ledn
The Bitcoin bank — yield and loans, nothing elseThe most trusted platform for Bitcoin holders who want yield and BTC-backed loans — Proof of Reserves, 4.7 Trustpilot, and zero DeFi exposure. No card, no altcoins, no frills.
★ 4.7 Trustpilot
Proof of ReservesChainalysis Verified
Ledn: Pros & Cons
✓ Pros
- ✓ 4.7/5 Trustpilot — most trusted among BTC yield platforms
- ✓ Monthly Proof of Reserves via Chainalysis
- ✓ No DeFi exposure — institutional borrowers only
- ✓ BTC-backed loans without selling your Bitcoin
- ✓ Transparent, simple fee structure
- ✓ Strong post-FTX track record
✗ Cons
- ✗ Only BTC and USDC — no altcoins at all
- ✗ No debit card — not a day-to-day banking solution
- ✗ No IBAN or SEPA — purely a savings/lending platform
- ✗ Cayman Islands registered — no deposit guarantee scheme
- ✗ Loan minimum $1,000
Our Score Breakdown
5.4 / 10
Regulatory Safety 20% 6
Yield / Earn Rates 15% 8
Banking & Fiat 13% 3
Debit Card 12% 1
Fees 12% 8
Coin Selection 10% 1
User Experience 10% 8
Customer Support 8% 8
Scores are weighted composites across 8 criteria. See full methodology →
At a Glance
Max APY
9%
Coins
2
Trustpilot
4.7/5
Founded
2018
FDIC Insured
No
MiCA Compliant
No
IBAN Account
No
Debit Card
No
Key Features
- ▸ BTC savings accounts (up to 7.5% APY)
- ▸ USDC savings accounts (up to 9% APY)
- ▸ Bitcoin-backed loans (no credit check, no asset sale)
- ▸ Growth Accounts (higher yield, institutional deployment)
- ▸ Monthly Proof of Reserves via Chainalysis
- ▸ B2X product (double Bitcoin exposure)
- ▸ Institutional-grade custody
Pricing & Plans
Standard Free
BTC and USDC savings; loans from $1,000 minimum
Regulatory Status
Cayman Islands registered; not a bank; operates as crypto lending/savings platform
Proof of ReservesChainalysis Verified
Frequently Asked Questions
Is Ledn safe? +
Ledn has a regulatory status of: Cayman Islands registered; not a bank; operates as crypto lending/savings platform. Always verify current regulatory status directly with the platform before depositing.
What is the maximum APY on Ledn? +
Ledn currently offers up to 9% APY. Rate as of 2026-03-13. Rates change — always check the platform for current rates before depositing.
Where is Ledn available? +
Ledn is available in: EU, UK, Asia, LatAm, Africa, GCC. Markets served: Global, 130+ countries, some US product restrictions, GCC.
Does Ledn have a debit card? +
No, Ledn does not currently offer a debit card.
Compare Ledn vs Competitors
Ready to open a Ledn account?
Opens in a new tab. Affiliate link — we may earn a commission.
Open Ledn Account ↗