Due to new regulatory developments in the US, the following changes will take effect as of April 4, 2022.
- Any pre-existing BTC and USDC balances in your Savings Account will be automatically transferred to your Legacy Savings Account. BTC and USDC in a Legacy Savings Account will continue to earn compound interest, as long as the funds are not withdrawn or transferred to a Savings Account.
- No additional BTC or USDC may be added to your Legacy Savings Account.
- From your Legacy Savings Account, you may only withdraw funds directly to your Savings Account.
- From your Savings Account, you may use other Ledn products (like Ledn Trade or Ledn Loans, where available) or withdraw to your external wallet.