Looking to unlock liquidity without selling your Bitcoin? Ledn gives you verifiable custody, clear legal protection, and consistent performance.
See how it compares to Haru and why responsible Bitcoin holders trust Ledn.
Ledn vs Haru: What’s the difference?
Haru offered high-yield crypto interest products and attracted thousands of users globally. But in 2023, it froze withdrawals without notice, and by late 2024, it was declared bankrupt. Multiple legal investigations followed, and while its leadership was later acquitted of criminal fraud, the platform remains shut down. Users are still attempting to recover lost assets through bankruptcy proceedings.
Ledn is built for stability. It offers Bitcoin-backed loans with transparent terms, public audits, no monthly payments, and a spotless record. Since 2018, Ledn has served clients across 100+ countries without a single asset loss.
Ledn Cayman SEZC Inc., which provides Ledn’s lending products (other than Ledn Growth accounts), is regulated as a Virtual Asset Service Provider (VASP) by the Cayman Islands Monetary Authority (CIMA).
3 reasons why Ledn is the trusted choice
1. Audited, transparent operations
Ledn publishes biannual Proof-of-Reserves audits verified by an independent CPA. Haru had no public audit framework, no reserve attestation, and froze withdrawals without warning.
2. Real compliance, not collapse
Ledn holds recognised regulatory certifications and operates only where licensed. Haru, incorporated in the British Virgin Islands, collapsed in 2023 and was declared bankrupt in 2024 after freezing funds.
3. Simple lending, not risky yields
Ledn offers Bitcoin-backed loans starting from $500 with no monthly payments or hidden fees. Haru focused on yield products offering 12–25%: returns that proved unsustainable and led to platform failure.
Why bitcoin holders choose Ledn over Haru
Ledn puts client safety first. It doesn’t chase high yields or risky revenue models. Its conservative, audit-backed lending platform has proven itself across market cycles.
Custody with oversight
Ledn keeps client Bitcoin in cold storage with qualified custodians and does not lend it out. Every loan is backed by verified reserves. Haru held custody off-chain with no independent verification, and froze access without recourse.
Built to protect, not speculate
Ledn’s product is straightforward and risk-aware. Haru’s high-yield promise attracted users, but lacked the transparency and legal safeguards needed when markets turned.
A flawless record
Since launching in 2018, Ledn has originated over $6.5 billion in loans without ever losing a single client asset. Haru, by contrast, collapsed in 2023, locking up user funds and leaving thousands of depositors in legal limbo.
We are bigger than all other crypto lenders...combined
Ledn is the biggest consumer crypto lender, with over $9 billion in loan originations since 2018 thanks to our unbroken track record.
Loans funded since 2018
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Your collateral is secure
Collateral is held in custody with Ledn or our funding partner. Neither Ledn nor our funding partners have the right to lend out the collateral. Your Bitcoin is safe.
Unmatched speed and flexilibity
Once collateral is received, our current funding ETA is 6.9 hours with no credit checks required. Repay whenever you want, without penalty. Use our auto top up feature to protect your collateral from Bitcoin price fluctuations.
We strive for ever-more competitive rates
We are committed to offering the most competitive rates possible to our customers.
Global accessibility is at the core of our mission
We believe in the power of Bitcoin to provide fair access to credit, no matter where you’re located.
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Why hodlers love Ledn
Ledn is gonna take over
Ledn's Founding Story
What started as a passion project with a few close colleagues has grown to a global company with 50+ employees, offering a full suite of lending, savings and trading products in over 120 countries. Ledn strives to improve the everyday lives of Bitcoin holders today, while building generational wealth for the future. Through its products & services, Ledn makes a difference in the lives and futures of its clients - in real terms.