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Home Platforms Ledn vs PancakeSwap

Compare Ledn vs PancakeSwap

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Pros & Cons

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 PancakeSwap (4.7 vs 1.8 stars)
tick Been in business longer than PancakeSwap (Founded 2018 vs 2020)
tick Offers loans but PancakeSwap doesn't
tick Integrated crypto wallet available on Ledn but not on PancakeSwap
tick Ledn uses cold storage crypto wallets but PancakeSwap does not
tick Has independent proof of reserves but PancakeSwap doesn't
tick $2,327,685,233 USD currently invested (TVL)
tick Higher average review rating than Ledn (66% vs 54%)
tick More reviews than Ledn (353 vs 156 reviews)
tick PancakeSwap is decentralised, but Ledn is not
tick Pro exchange marketplace available on PancakeSwap but not on Ledn
tick Peer to peer exchange available on PancakeSwap but not on Ledn
tick Know your customer checks are required on PancakeSwap but not on Ledn
tick Interface supports French, Korean, Japanese, Finnish, Dutch, Greek, Arabic, Hungarian, Ukrainian, Turkish, Polish, Brazilian-Portuguese, Vietnamese, Swedish, Romanian, Simplified Chinese, Russian, German, Traditional Chinese, Italian, Indonesian, Hindi, Tamil, Bengali and Filipino whereas Ledn doesn't
Staking Rates
tick Ledn will pay interest on USDC stable coin deposits whereas PancakeSwap does not
tick Ledn will pay interest on Bitcoin (BTC) crypto currency deposits whereas PancakeSwap does not
1 more stakings rates pro ...
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

54% based on 156 reviews
66% based on 353 reviews
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Staking Rates

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

Automatic market maker
Automatic market maker
tick Yes
Legal name
Ledn Inc
Legal name
Year founded
2018
Year founded
2020
Country incorporated in
47
Country incorporated in
Headquarters country
47
Headquarters country
Platform token
Platform token
PancakeSwap
Decentralised
cross No
Decentralised
tick Yes
Open source
Open source
tick Yes
Number of employees
40
Number of employees
Total assets under management
$1,000,000,000USD
Total assets under management
Withdrawal time in hours
30hours
Withdrawal time in hours
Non-custodial
Non-custodial
tick Yes
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Products

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

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

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

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

Liquidity pools
Liquidity pools
tick Yes
DeFi products
DeFi products
tick Yes
Unsecured loans
Unsecured loans
cross No
Independent proof of reserves
tick Yes
Independent proof of reserves
cross No
Proof of reserves
You verify that your specific deposits do exist within Ledn assets via a web link to Armanino LLP
Proof of reserves
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Registrations & Regulation

Know your customer
tick Yes
Know your customer
cross No
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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.

Why Compare With Definda?

tick Completely Impartial

We always rank and compare products objectively and impartially.

tick Careful Research

We carefully research products for legitimacy before adding them to the platform.

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