Pros & Cons |
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Built on Polygon Network
Faster and Cheaper transactions
$1,403,119 USD currently invested (TVL)
0vix is decentralised, but Ledn is not
Know your customer checks are required on 0vix but not on Ledn
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Ultra simple model
No hidden fees
Only one interest payment at end of 12 month term required on loans
Automatically buy more bitcoin with a loan secured against your existing bitcoin
Proof of company crypto reserves provided by major accountancy firm
Been in business longer than 0vix
(Founded 2018 vs 2022)
Account verification in less than 1 hour available on Ledn but not on 0vix
Interface supports English, Portuguese-Portuguese and Spanish whereas 0vix doesn't
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Staking Rates
Ledn will pay interest on USDC stable coin deposits whereas 0vix does not
Ledn will pay interest on Bitcoin (BTC) crypto currency deposits whereas 0vix does not
1 more stakings rates pro ...
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The Protocol was founded in 2022 and has a short history.
Limited number of supplied cryptocurrencies
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Mobile app has very limited functionality
Savings rates only available fro BTC and USDC
Much lower savings rates for large BTC deposits
Bitcoin is only token acceptable as loan collateral
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Staking Rates |
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The table below compares the staking rates for 0vix and Ledn.
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Loading rates ...
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Loading rates ...
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Company |
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Automatic market maker
Yes
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Automatic market maker
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Legal name
0vix Protocol
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Legal name
Ledn Inc
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Year founded
2022
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Year founded
2018
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Country incorporated in
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Country incorporated in
47
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Headquarters country
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Headquarters country
47
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Decentralised
Yes
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Decentralised
No
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Open source
Yes
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Open source
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Number of employees
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Number of employees
40
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Total assets under management
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Total assets under management
$1,000,000,000USD
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Withdrawal time in hours
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Withdrawal time in hours
30hours
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Products |
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Savings accounts
Yes
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Savings accounts
Yes
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Loans
Yes
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Loans
Yes
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Crypto to crypto exchange
Yes
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Crypto to crypto exchange
Yes
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Fiat to crypto exchange
No
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Fiat to crypto exchange
No
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Pro exchange marketplace
No
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Pro exchange marketplace
No
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Peer to peer exchange
No
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Peer to peer exchange
No
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Margin trading
No
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Margin trading
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Corporate accounts
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Corporate accounts
No
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Instantly buy crypto with fiat
No
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Instantly buy crypto with fiat
No
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Integrated crypto wallet
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Integrated crypto wallet
Yes
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Crypto withdrawals to private wallet
Yes
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Crypto withdrawals to private wallet
Yes
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Fast account verification
No
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Fast account verification
Yes
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Futures exchange
No
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Futures exchange
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Security |
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Insurance level
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Insurance level
$100,000,000USD
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Cold storage
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Cold storage
Yes
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Cold storage custodian
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Cold storage custodian
BitGo
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Two factor authentication
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Two factor authentication
Yes
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Credit check
No
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Credit check
No
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Support |
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24/7 support
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24/7 support
No
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Email support
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Email support
Yes
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Phone support
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Phone support
No
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Chat support
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Chat support
Yes
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Fees |
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Exchange fees
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Exchange fees
0% exchange fees
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Fiat deposit fee
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Fiat deposit fee
Fiat deposits not accepted
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Fiat withdrawal fee
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Fiat withdrawal fee
Fiat deposits not accepted
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Crypto deposit fee
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Crypto deposit fee
Free
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Withdrawal process
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Withdrawal process
Withdrawals are processed manually, normally with 24 hours. They can take up to 7 days max.
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Withdrawal time
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Withdrawal time
30 hours
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Crypto withdrawal fee
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Crypto withdrawal fee
Miner's fee only for BTC withdrawals. 35 USDC for USDC withdrawals.
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Savings crypto account withdrawal limit
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Savings crypto account withdrawal limit
Up to 1,000,000 USDC every 7 days and up to 100 BTC every 7 days
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Savings fiat account withdrawal limit
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Savings fiat account withdrawal limit
No fiat savings withdrawls
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Investment Strategy |
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Liquidity pools
Yes
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Liquidity pools
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Independent proof of reserves
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Independent proof of reserves
Yes
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Proof of reserves
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Proof of reserves
You verify that your specific deposits do exist within Ledn assets via a web link to Armanino LLP
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Registrations & Regulation |
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Know your customer
No
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Know your customer
Yes
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We always rank and compare products objectively and impartially.
We carefully research products for legitimacy before adding them to the platform.
We never sell or disclose your data to anyone.