B2X is a loan product that allows clients to double their BTC position. If you have a balance in your BTC Transaction account, the B2X service provides you with a loan which is automatically used to buy more BTC; therefore, doubling your BTC position. The original BTC holding, along with the BTC newly purchased with the loan proceeds, will serve as collateral for the loan.
B2X loans are currently not available with Custodied Loan collateral treatment. This feature is soon to come in early 2024. Until the Custodied Loan feature becomes available, B2X Loans are deemed as Standard Loans.
Availability of B2X varies based on the client’s place of residence. B2X Loans are not available in the U.S. and Canada. If you would like more information on B2X availability, please contact us at support@ledn.io.