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Home Platforms Bittrex vs Ledn

Compare Bittrex vs Ledn

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Pros & Cons

tick Fast, professional exchange
tick Low competitive fees
tick Wide selection of cryptos
tick Available to US customers
tick Higher average review rating than Ledn (87% vs 54%)
tick More reviews than Ledn (5,265 vs 156 reviews)
tick Been in business longer than Ledn (Founded 2014 vs 2018)
tick Fiat exchange available on Bittrex but not on Ledn
tick Pro exchange marketplace available on Bittrex but not on Ledn
tick Offers corporate accounts but Ledn doesn't
tick Instantly buy crypto with fiat on Bittrex but not on Ledn
tick Has a lower level of insurance than Ledn
tick Ultra simple model
tick No hidden fees
tick Only one interest payment at end of 12 month term required on loans
tick Automatically buy more bitcoin with a loan secured against your existing bitcoin
tick Proof of company crypto reserves provided by major accountancy firm
tick Higher rating on Trustpilot than Bittrex (4.7 vs 1.3 stars)
tick Offers savings accounts but Bittrex doesn't
tick Offers loans but Bittrex doesn't
tick Has email support but Bittrex doesn't
tick Interface supports Portuguese-Portuguese and Spanish whereas Bittrex doesn't
Staking Rates
tick Ledn will pay interest on USDC stable coin deposits whereas Bittrex does not
tick Ledn will pay interest on Bitcoin (BTC) crypto currency deposits whereas Bittrex does not
1 more stakings rates pro ...
cross Not suitable for beginers
cross Mobile app has very limited functionality
cross Savings rates only available fro BTC and USDC
cross Much lower savings rates for large BTC deposits
cross Bitcoin is only token acceptable as loan collateral
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Reviews

87% based on 5,265 reviews
54% based on 156 reviews
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Staking Rates

The table below compares the staking rates for Bittrex and Ledn.
Stable Coins
Crypto Currencies
Loading rates ...
Stable Coins
USDC USDC
8%
8%
Crypto Currencies
BTC Bitcoin
6%
6%
Loading rates ...
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Company

Legal name
Bittrex Global GmbH
Legal name
Ledn Inc
Year founded
2014
Year founded
2018
Country incorporated in
134
Country incorporated in
47
Headquarters country
134
Headquarters country
47
Decentralised
cross No
Decentralised
cross No
Number of employees
260
Number of employees
40
Number of users
500,000
Number of users
Total assets under management
Total assets under management
$1,000,000,000USD
Withdrawal time in hours
Withdrawal time in hours
30hours
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Products

Savings accounts
cross No
Savings accounts
tick Yes
Loans
cross No
Loans
tick Yes
Crypto to crypto exchange
tick Yes
Crypto to crypto exchange
tick Yes
Fiat to crypto exchange
tick Yes
Fiat to crypto exchange
cross No
Pro exchange marketplace
tick Yes
Pro exchange marketplace
cross No
Peer to peer exchange
cross No
Peer to peer exchange
cross No
Corporate accounts
tick Yes
Corporate accounts
cross No
Instantly buy crypto with fiat
tick Yes
Instantly buy crypto with fiat
cross No
Integrated crypto wallet
tick Yes
Integrated crypto wallet
tick Yes
Crypto withdrawals to private wallet
tick Yes
Crypto withdrawals to private wallet
tick Yes
Fast account verification
tick Yes
Fast account verification
tick Yes
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Security

Insurance level
$300,000,000USD
Insurance level
$100,000,000USD
Cold storage
tick Yes
Cold storage
tick Yes
Cold storage custodian
Cold storage custodian
BitGo
Two factor authentication
tick Yes
Two factor authentication
tick Yes
Credit check
cross No
Credit check
cross No
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Support

24/7 support
24/7 support
cross No
Email support
cross No
Email support
tick Yes
Phone support
cross No
Phone support
cross No
Chat support
tick Yes
Chat support
tick Yes
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Fees

Maker fee
0%
Maker fee
Taker fee
0%
Taker fee
Exchange fees
Exchange fees
0% exchange fees
Fiat deposit fee
tick Free
Fiat deposit fee
Fiat deposits not accepted
Fiat withdrawal fee
tick Free
Fiat withdrawal fee
Fiat deposits not accepted
Crypto deposit fee
tick Free
Crypto deposit fee
tick Free
Withdrawal process
Withdrawal process
Withdrawals are processed manually, normally with 24 hours. They can take up to 7 days max.
Withdrawal time
Withdrawal time
30 hours
Crypto withdrawal fee
Network transaction fee varies by network
Crypto withdrawal fee
Miner's fee only for BTC withdrawals. 35 USDC for USDC withdrawals.
Savings crypto account withdrawal limit
Savings crypto account withdrawal limit
Up to 1,000,000 USDC every 7 days and up to 100 BTC every 7 days
Savings fiat account withdrawal limit
Savings fiat account withdrawal limit
No fiat savings withdrawls
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Investment Strategy

Independent proof of reserves
Independent proof of reserves
tick Yes
Proof of reserves
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

Know your customer
tick Yes
Know your customer
tick Yes
Georgia - Seller of Payment Instructions
tick Yes
Georgia - Seller of Payment Instructions
Idaho - Department of Finance - Money Transmitter License
tick Yes
Idaho - Department of Finance - Money Transmitter License
Illinois - Department of Financial and Professional Regulation - Money Transmitter License
tick Yes
Illinois - Department of Financial and Professional Regulation - Money Transmitter License
Kansas - Office of the State Bank Commissioner - Money Transmitter License
tick Yes
Kansas - Office of the State Bank Commissioner - Money Transmitter License
Maryland - Money Transmitter License
tick Yes
Maryland - Money Transmitter License
Minnesota - Department of Commerce - Money Transmitter License
tick Yes
Minnesota - Department of Commerce - Money Transmitter License
North Carolina - Money Transmitter License
tick Yes
North Carolina - Money Transmitter License
Nebraska - Money Transmitter License
tick Yes
Nebraska - Money Transmitter License
New Hampshire - Banking Department - Money Transmitter License
tick Yes
New Hampshire - Banking Department - Money Transmitter License
New Jersey - Money Transmitter License
tick Yes
New Jersey - Money Transmitter License
Ohio - Money Transmitter License
tick Yes
Ohio - Money Transmitter License
Oregon - Division of Financial Regulation - Money Transmitter License
tick Yes
Oregon - Division of Financial Regulation - Money Transmitter License
Puerto Rico - Money Transmitter License
tick Yes
Puerto Rico - Money Transmitter License
Rhode Island - Currency Transmitter License
tick Yes
Rhode Island - Currency Transmitter License
South Carolina - Money Transmitter License
tick Yes
South Carolina - Money Transmitter License
Tennessee - Money Transmitter License
tick Yes
Tennessee - Money Transmitter License
Washington - Money Transmitter License
tick Yes
Washington - Money Transmitter License
Mississippi - Department of Banking and Consumer Finance - Money Transmitter License
tick Yes
Mississippi - Department of Banking and Consumer Finance - Money Transmitter License
Alabama - Sale of Checks License
tick Yes
Alabama - Sale of Checks License
Alaska - Money Transmitter License
tick Yes
Alaska - Money Transmitter License
Arizona - Money Transmitter
tick Yes
Arizona - Money Transmitter
Arkansas - Money Transmission License
tick Yes
Arkansas - Money Transmission License
Delaware - Sale of Checks and Transmission of Money
tick Yes
Delaware - Sale of Checks and Transmission of Money
District of Columbia - Money Transmitter License
tick Yes
District of Columbia - Money Transmitter License
Florida - Money Transmitters Part II
tick Yes
Florida - Money Transmitters Part II
Iowa - Money Services License
tick Yes
Iowa - Money Services License
Louisiana - Money Transmitter License
tick Yes
Louisiana - Money Transmitter License
Maine - Money Transmitter License
tick Yes
Maine - Money Transmitter License
Michigan - Money Transmitter License
tick Yes
Michigan - Money Transmitter License
New Mexico - Money Transmission License
tick Yes
New Mexico - Money Transmission License
North Dakota - Money Transmitter License
tick Yes
North Dakota - Money Transmitter License
Oklahoma - DOB Money Transmission License
tick Yes
Oklahoma - DOB Money Transmission License
South Dakota - Money Transmitter License
tick Yes
South Dakota - Money Transmitter License
Texas - DOB Money Transmitter License
tick Yes
Texas - DOB Money Transmitter License
Virginia - Money Order Seller and Money Transmitter License
tick Yes
Virginia - Money Order Seller and Money Transmitter License
West Virginia - Money Transmitter License
tick Yes
West Virginia - Money Transmitter License
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Important Message Definda does not provide any financial advice. All information is provided for research purposes only. DeFi is a rapidly evolving industry. Most businesses in the sector are very young and it is possible that some of them could go out of business in the future. Such an event could result in the loss of your investment. You should do your own research or consult a financial advisor before investing any money. Please read and satisfy yourself with our terms before continuing to use our website. We offer a free impartial comparison service of savings, loans and other DeFi products. We may receive a small commission from some of the companies listed, but this never influences our rankings. If you spot any errors in the information listed then please contact us at info@definda.com.

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