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Home Platforms Ledn vs Spookyswap

Compare Ledn vs Spookyswap

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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 More reviews than Spookyswap (156 vs 30 reviews)
tick Higher rating on Trustpilot than Spookyswap (4.7 vs 3.1 stars)
tick Been in business longer than Spookyswap (Founded 2018 vs 2021)
tick Offers loans but Spookyswap doesn't
tick Interface supports English, Portuguese-Portuguese and Spanish whereas Spookyswap doesn't
tick $15,561,618 USD currently invested (TVL)
tick Investments in 28 coin pairs available
tick Operating on Fantom Opera protocol
tick Higher average review rating than Ledn, but based on fewer reviews (68% vs 54%)
tick Spookyswap is decentralised, but Ledn is not
Staking Rates
tick Ledn will pay interest on USDC stable coin deposits whereas Spookyswap does not
tick Ledn will pay interest on Bitcoin (BTC) crypto currency deposits whereas Spookyswap does not
1 more stakings rates pro ...
Staking Rates
tick Spookyswap will pay interest on 28 crypto currency deposits not offered by Ledn:
CRV-WFTM (CRV-WFTM)
FUSDT-WFTM (FUSDT-WFTM)
LQDR-WFTM (LQDR-WFTM)
USDC-BOO (USDC-BOO)
USDC-TUSD (USDC-TUSD)
USDC-WFTM (USDC-WFTM)
WFTM-AVAX (WFTM-AVAX)
WFTM-BEETS (WFTM-BEETS)
WFTM-BEFTM (WFTM-BEFTM)
WFTM-BIFI (WFTM-BIFI)
WFTM-BNB (WFTM-BNB)
WFTM-BOO (WFTM-BOO)
WFTM-BRUSH (WFTM-BRUSH)
WFTM-BTC (WFTM-BTC)
WFTM-DAI (WFTM-DAI)
WFTM-DEUS (WFTM-DEUS)
WFTM-ETH (WFTM-ETH)
WFTM-LINK (WFTM-LINK)
WFTM-MATIC (WFTM-MATIC)
WFTM-MIM (WFTM-MIM)
WFTM-MULTI (WFTM-MULTI)
WFTM-SCREAM (WFTM-SCREAM)
WFTM-SFTMX (WFTM-SFTMX)
WFTM-SPELL (WFTM-SPELL)
WFTM-SUSHI (WFTM-SUSHI)
WFTM-TOR (WFTM-TOR)
WFTM-TREEB (WFTM-TREEB)
YFI-ETH (YFI-ETH)
More ...
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
cross Investments in liquidity pools can be higher risk
cross Liquidity pool investments are only suitable for advanced crypto users
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Reviews
54% based on 156 reviews
68% based on 30 reviews
User Reviews
Overall User Rating
53%
152 reviews
46%
130 reviews
94%
4 reviews
100%
1 review
98%
14 reviews
100%
3 reviews
User Reviews
Overall User Rating
68%
30 reviews
62%
3 reviews
70%
26 reviews
20%
1 review
Expert Reviews
Overall Expert Rating
80%
4 reviews
90%
80%
70%
80%
Show All Expert Reviews
Expert Reviews
Overall Expert Rating
Show All Expert Reviews
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Staking Rates
The table below compares the staking rates for Ledn and Spookyswap.
Stable Coins
USDC USDC
8%
8%
Crypto Currencies
BTC Bitcoin
6%
6%
Loading rates ...
Stable Coins
Crypto Currencies
CRV-WFTM CRV-WFTM
0.22%
0.22%
FUSDT-WFTM FUSDT-WFTM
28%
28%
LQDR-WFTM LQDR-WFTM
13.4%
13.4%
USDC-BOO USDC-BOO
16.1%
16.1%
USDC-TUSD USDC-TUSD
0.2%
0.2%
USDC-WFTM USDC-WFTM
28.4%
28.4%
WFTM-AVAX WFTM-AVAX
4.6%
4.6%
WFTM-BEETS WFTM-BEETS
19.4%
19.4%
WFTM-BEFTM WFTM-BEFTM
29.1%
29.1%
WFTM-BIFI WFTM-BIFI
89.3%
89.3%
WFTM-BNB WFTM-BNB
4.25%
4.25%
WFTM-BOO WFTM-BOO
16.8%
16.8%
WFTM-BRUSH WFTM-BRUSH
5.57%
5.57%
WFTM-BTC WFTM-BTC
20.7%
20.7%
WFTM-DAI WFTM-DAI
65.2%
65.2%
WFTM-DEUS WFTM-DEUS
19.5%
19.5%
WFTM-ETH WFTM-ETH
12.9%
12.9%
WFTM-LINK WFTM-LINK
2%
2%
WFTM-MATIC WFTM-MATIC
3.3%
3.3%
WFTM-MIM WFTM-MIM
18.2%
18.2%
WFTM-MULTI WFTM-MULTI
16.6%
16.6%
WFTM-SCREAM WFTM-SCREAM
14.7%
14.7%
WFTM-SFTMX WFTM-SFTMX
1.7%
1.7%
WFTM-SPELL WFTM-SPELL
27.1%
27.1%
WFTM-SUSHI WFTM-SUSHI
3.46%
3.46%
WFTM-TOR WFTM-TOR
36.1%
36.1%
WFTM-TREEB WFTM-TREEB
9.13%
9.13%
YFI-ETH YFI-ETH
0.35%
0.35%
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
2021
Country incorporated in
47
Country incorporated in
Headquarters country
47
Headquarters country
Platform token
Platform token
SpookySwap
Decentralised
cross No
Decentralised
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
Peer to peer exchange
cross No
Peer to peer exchange
Margin trading
Margin trading
cross No
Corporate accounts
cross No
Corporate accounts
Instantly buy crypto with fiat
cross No
Instantly buy crypto with fiat
Integrated crypto wallet
tick Yes
Integrated crypto wallet
Crypto withdrawals to private wallet
tick Yes
Crypto withdrawals to private wallet
Fast account verification
tick Yes
Fast account verification
Futures exchange
Futures exchange
cross No
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Security
Insurance level
$100,000,000USD
Insurance level
Cold storage
tick Yes
Cold storage
Cold storage custodian
BitGo
Cold storage custodian
Two factor authentication
tick Yes
Two factor authentication
Credit check
cross No
Credit check
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Support
24/7 support
cross No
24/7 support
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
Independent proof of reserves
tick Yes
Independent proof of reserves
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
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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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We always rank and compare products objectively and impartially.

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

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