Ledn offers flexible options to help you manage and repay your loan with ease. You can choose to repay using your collateral, a USD wire transfer, or your USDC balance.
1. Repay with Collateral
You can repay your loan directly using your collateral through the Ledn platform. This method provides real time settlement once confirmed.
When choosing this option, the system will display the exact portion of BTC that will be sold to repay your USD outstanding balance. Please review these details carefully and ensure you agree with the amounts shown before entering your TOTP code, as this transaction is irreversible once confirmed.
For US residents, the Repay with collateral option is currently in the following States: Alaska, Alabama, Arizona, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nevada, New York, Oklahoma, Pennsylvania, South Carolina, Texas, Utah, Virginia , Wisconsin, and Wyoming.
Note: This list may change from time to time, and Ledn cannot guarantee that your jurisdiction will be or remain available for any period of time.
2. ACH / Wire Transfer (USD)
You can repay your loan by sending a USD wire or ACH transfer from your bank account.
All wire payments must come from a bank account held under the same legal name as your Ledn account to comply with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations.
For more information on eligible accounts and name matching requirements, please refer to the Help Center article:
Loan Disbursements and Repayments: Same-Name Bank Account Required
How to repay by wire transfer:
When submitting your wire transfer, please include your Loan ID(s) and repayment instructions in the Reference/Memo field. This is required so we can correctly apply your repayment in a timely manner. You can find your Loan ID in the details page of your loan and in the loan table.
Log in to your Ledn account.
Go to your Loans page and click Repay.
Select Wire Transfer as the payment method.
You’ll receive the banking details required to complete the wire from your bank.
Once done, click Confirm Transaction — only if you are making a full repayment.
Processing times may vary depending on your bank and can take up to 5 business days for funds to be received by Ledn and applied to your loan.
3. USDC Payment
You can repay your loan using your USDC balance directly from your Ledn platform.
This method provides a quick and seamless repayment experience, with funds applied almost instantly once the transaction is confirmed.
Make sure your Transaction Account has sufficient USDC balance before initiating the repayment to avoid any processing delays. How do I deposit funds into my Transaction Account?
Early repayments are penalty-free, giving you control over how and when you settle your loan.