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Rates Terms

The following rates are effective as of February 1, 2023.

  1. Savings Account Interest Rates

    Supported Digital Asset Balance Amount Annual Percentage Yield (APY)
    BTC (Tier 1) 0 – 0.1 4.00%
    BTC (Tier 2) > 0.1 2%
    USDC > 0 8.50%

    Deposited Digital Assets start earning interest on the first day after they are received by us. Rates are subject to change. We will communicate any rate changes prior to such changes taking effect. For more information and the complete agreement governing your Savings Account please carefully read the Digital Asset Savings Terms which are found at https://ledn.io/en/legal/savings-account-terms and, if applicable, the U.S. Legacy Digital Asset Savings Terms, which are found at https://ledn.io/en/legal/us-legacy-savings-account-terms.

    Notice for U.S. Residents: Savings Accounts opened on or after April 4, 2022 by clients residing in the United States will not be eligible to earn interest on Deposited Digital Assets. The Savings Account Interest Rates displayed above do not apply to such accounts.

    Notice for Canadian Residents: Effective February 1, 2023, clients residing in Canada will no longer be able to open a new Savings Account, or deposit new Supported Digital Assets or earn interest on any Deposited Digital Assets in their Canadian Savings Accounts. The Savings Account Interest Rates displayed above will not apply to any Canadian Savings Accounts as of this date. Canadian clients will have until July 31, 2023 to withdraw all Deposited Digital Assets from their Canadian Savings Accounts, after which they will have to contact Ledn’s client success team to process the withdrawal. Canadian clients will continue to have the ability to trade between their Deposited Digital Assets until July 31, 2023 in order to facilitate the client’s withdrawal in the Digital Asset of their choice.

  2. Withdrawals and Fees

    Subject to the following withdrawal limits, you may make a complete or partial withdrawal of the digital assets (BTC or USDC) held in your Savings Account at any time. You will cease earning interest on the digital assets that you have requested to withdraw as soon as you make such a withdrawal request, however, it may take us up to seven (7) days to fully process any withdrawal request. There are no fees to transfer your digital assets between internal Ledn accounts. Fees to transfer your digital assets to an external account are as set out in the table below.

    Supported Digital Asset Withdrawal Limit Withdraw Fees
    BTC 100 BTC per 7-day period Miner fees only
    USDC 1,000,000 USDC per 7-day period 15 USDC

    Although there is no minimum balance required to earn interest, accounts are still subject to withdrawal minimums of 0.0005 BTC (Bitcoin Savings) and 15 USDC (USDC Savings)

    Disclaimer: Digital assets are not legal tender and are not backed by any government. Your Ledn Savings Account is not a bank account, and is not subject to CDIC, CIPF, FDIC or SIPC protections. If you have any questions or comments please contact us at support@ledn.io.