Bitcoin-backed Dollar Loans

Get the funds you need, keep the bitcoin you love

Borrow, internationally

Bitcoin-backed loans are a fast and convenient way to access dollars without having to sell your bitcoin. There are many advantages to using a dollar loan instead of selling to receive dollars: When using a Ledn bitcoin-backed loan you get to: keep all of the upside of your bitcoin position, you do not create a taxable event, and your bitcoin is safely stored and insured with BitGo, the world's first purpose built qualified custodian for digital assets. For details about BitGo's insurance policy coverage, click here.


In addition to BitGo Insured Custody, Ledn offers real-time proof-of-reserves on-chain. Every client gets a unique wallet address that can be checked at any time.


Loans are funded within 24 hours of approval. Pay off your loans at any time without penalties. No monthly payments are required.

Tax Efficient

Exchanging bitcoin for dollars is a taxable event while taking a loan with Ledn is not. All interest expenses for the loan may be tax deductible.

How much can you borrow?



50% Loan-to-Value

1% Monthly Interest

Deposit Required


Monthly Interest

$ 5.00

How Ledn Bitcoin-Backed Loans Work

  • What do I need to apply?

    Applying for a Ledn bitcoin-backed loan takes less than 2 minutes! To submit a loan application you will need to provide: a copy of your government-issued identification document, a copy of your proof-of-address document, and an image of you holding your government-issued ID, and your bank account details for funding.

  • How will my bitcoin be stored during my Ledn loan?

    Security will always be our top priority. Ledn has chosen to partner with BitGo to provide insured custody for our customers’ digital assets. BitGo is the world’s first qualified custodian purpose-built for storing digital assets. Collateral bitcoin is kept in cold storage (offline) in institutional-grade vaults through BitGo and each customer receives a segregated wallet address allowing for real-time proof of reserves on-chain.

  • Can I withdraw my bitcoin at any time?

    Yes! If you have a Ledn Savings Account, you can withdraw your funds at anytime without penalty. Likewise, you can pay back your loan at any time without penalties. We process all withdrawal request quickly and strive to have your bitcoin in your wallet within 24-72 hours.

  • What happens if the bitcoin price significantly decreases?

    If the bitcoin price drops significantly, we will ask you to deposit more collateral into your segregated wallet or pay down some of the principal. If the bitcoin price continues to drop without any action from you, Ledn may sell part of your bitcoin in order to meet the required LTV.

  • What happens if the bitcoin price increases?

    Any gain in the value of bitcoin is yours to keep. You only ever owe the balance of your Ledn loan, which is pre-determined and not affected by the bitcoin price.

  • Do you offer international loans?

    Yes! Please contact us to see if your country currently qualifies for a Ledn loan.