Trade Bitcoin for USA₮. No hidden fees.

Go to Trade in your Ledn account, select the BTC/USA₮ pair, enter the amount you want to trade, and confirm. The exchange happens instantly at the quoted rate — no order book, no waiting. Your USA₮ lands in your Transaction Account immediately.

Same process in reverse. Select USA₮/BTC in the Trade tab, enter your USA₮ amount, review the rate, and confirm. You can trade any amount — there's no minimum trade size beyond the platform minimums.

You trade at a 0.5% spread on the mid-market rate — the same transparent spread across all 10 trading pairs. For context, many exchanges typically charge 1–3.5% on similar trades. The rate you see quoted is the rate you get, with no hidden fees added at checkout.

Ledn sources rates from reputable liquidity providers and applies a flat 0.5% spread. There are no volume tiers, no loyalty tokens required, and no rate surprises. The same spread applies whether you're trading $50 or $500,000.

When you trade on Ledn, your assets stay within your Ledn Transaction Account throughout. Ledn does not lend out assets held in Transaction Accounts to generate interest, and has a perfect record of protecting client assets since 2018. The same custody standards that apply to your Bitcoin apply to USA₮ and all other assets on the platform.

Yes. USA₮ in your Transaction Account can be used directly to repay a Ledn loan — you no longer need to do an off-platform trade first. Loan disbursements and repayments in USA₮ are now fully supported alongside USDC and USD₮.

It depends on your goal. If you need dollars and want to maintain full BTC exposure, a loan lets you keep your BTC as collateral and get it back when you repay — no taxable event, no lost upside. If you want to reduce BTC exposure or rebalance into stablecoins, a trade may be the cleaner move. Some clients do both: trade a portion into USA₮ for liquidity while leaving the rest as loan collateral.

Trades are instant. Once you confirm the trade, your USA₮ appears in your Transaction Account immediately. There are no settlement delays, no pending periods, and no gas fees — it's an on-platform trade, not an on-chain transaction.

Yes. Ledn now supports 10 trading pairs across 5 assets: BTC, XAUt (gold), USD₮, USA₮, and USDC. You can trade between any combination in a single step — all at the same 0.5% spread with zero trading fees.

Yes — the minimum trade size is $50 USD (or equivalent in the asset you're trading). There's no maximum.

To see if Trade is available in your jurisdiction, check using our product eligibility tool.