Pros & Cons |
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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
Offers loans but Onsen Swap doesn't
Integrated crypto wallet available on Ledn but not on Onsen Swap
Interface supports English, Portuguese-Portuguese and Spanish whereas Onsen Swap doesn't
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Built on a promising network ZkSync
Active on social media
No hack or exploit in history
Onsen Swap is decentralised, but Ledn is not
Instantly buy crypto with fiat on Onsen Swap but not on Ledn
Know your customer checks are required on Onsen Swap but not on Ledn
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Staking Rates
Ledn will pay interest on USDC stable coin deposits whereas Onsen Swap does not
Ledn will pay interest on Bitcoin (BTC) crypto currency deposits whereas Onsen Swap does not
1 more stakings rates pro ...
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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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New Dex with a short history
No details about the founders and team
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Staking Rates |
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The table below compares the staking rates for Ledn and Onsen Swap.
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Loading rates ...
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Loading rates ...
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Company |
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Legal name
Ledn Inc
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Legal name
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Year founded
2018
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Year founded
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Country incorporated in
47
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Country incorporated in
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Headquarters country
47
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Headquarters country
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Decentralised
No
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Decentralised
Yes
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Number of employees
40
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Number of employees
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Total assets under management
$1,000,000,000USD
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Total assets under management
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Withdrawal time in hours
30hours
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Withdrawal time in hours
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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
No
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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
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Margin trading
No
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Corporate accounts
No
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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
Yes
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Integrated crypto wallet
Yes
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Integrated crypto wallet
No
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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
Yes
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Fast account verification
Yes
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Futures exchange
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Futures exchange
No
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DEX aggregator
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DEX aggregator
No
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Chain agnostic
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Chain agnostic
No
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Security |
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Insurance level
$100,000,000USD
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Insurance level
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Cold storage
Yes
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Cold storage
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Cold storage custodian
BitGo
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Cold storage custodian
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Two factor authentication
Yes
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Two factor authentication
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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
No
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24/7 support
No
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Email support
Yes
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Email support
Yes
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Phone support
No
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Phone support
No
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Chat support
Yes
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Chat support
Yes
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Fees |
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Exchange fees
0% exchange fees
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Exchange fees
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Fiat deposit fee
Fiat deposits not accepted
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Fiat deposit fee
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Fiat withdrawal fee
Fiat deposits not accepted
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Fiat withdrawal fee
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Crypto deposit fee
Free
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Crypto deposit fee
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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 process
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Withdrawal time
30 hours
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Withdrawal time
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Crypto withdrawal fee
Miner's fee only for BTC withdrawals. 35 USDC for USDC withdrawals.
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Crypto withdrawal fee
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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 crypto account withdrawal limit
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Savings fiat account withdrawal limit
No fiat savings withdrawls
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Savings fiat account withdrawal limit
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Investment Strategy |
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Liquidity pools
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Liquidity pools
Yes
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DeFi products
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DeFi products
Yes
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Unsecured loans
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Unsecured loans
No
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Independent proof of reserves
Yes
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Independent 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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Proof of reserves
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Registrations & Regulation |
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Know your customer
Yes
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Know your customer
No
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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.