Ledn Trade

What Assets Can I Trade on Ledn?

Ledn currently supports trading between Bitcoin (BTC) and USDC. You can seamlessly trade between your BTC Transaction account and your USDC Transaction account.

What Are the Fees for Trading?

There are no additional fees beyond the price quotes you see. Ledn provides 15-second time-locked price quotes, which include all transaction costs. Once you confirm the trade, the transaction is irreversible, so be sure to review the details before confirming.

Is Trading Available Worldwide?

The Ledn Trade product is available in select countries and select U.S. states. Ledn Trade is currently not available to Canadian clients.

Please reach out to  the support team to confirm availability in your region, as we are continually expanding.

Is There a Minimum and Maximum Trading Limit?

Yes, Ledn has trading limits in place to protect your account:

• Minimum trade amount: $50 USDC or its equivalent in BTC.

• Maximum single trade limit: $3M USD (or equivalent in BTC).

• Daily trade limit: $10M USD.

Please check our Trading Terms for all conditions governing your trading activity.

How Long Does It Take to Complete a Trade?

Trades are executed instantly once you confirm the order. A confirmation email will be sent, and the new assets will appear in your Transaction account right away.

Can I Reverse or Cancel a Trade Once It’s Confirmed?

No, once a trade is confirmed and executed, it cannot be reversed or canceled. Please make sure to carefully review your trade details before confirming the order.

How Are Prices Determined for Trades?

The prices displayed on our Trading feature represent the total cost of your transaction, with no additional fees. Ledn provides 15 second time-locked price quotes that you can review and accept for the seamless execution of your buy or sell trade.

When you place a trade order, we need to execute a bitcoin buy or sell transaction with third-party liquidity providers. Our bitcoin price quote includes all of the transaction costs associated with buying/selling bitcoin, including our spread.

Trade transactions are irreversible. Please make sure you review and agree with the trade before accepting the transaction.

The Ledn Trade feature allows you to easily exchange between Bitcoin (BTC) and USDC directly from your Transaction accounts. Here’s how it works:

• Log into your Ledn account.
• Select the Trade option from the main menu or from your Transaction account page.
• Choose the amount of BTC or USDC you wish to trade.
• Confirm your order and complete the transaction.

Once the trade is completed, your new assets will be displayed in your Transaction account. 

If you wish to earn interest on the USDC balance, move your USDC from the Transaction account to your Growth account.

When you trade on Ledn, we apply a simple 0.5% spread to every transaction—that's it. No hidden fees, no surprises.

Here's how it works: We source the best available market price from multiple large liquidity providers, then add our 0.5% spread. This spread is how we cover our costs and make the service sustainable.

Unlike many platforms that hide their spreads or add extra fees, we believe in complete transparency. You'll always know exactly what you're paying—just 0.5% built into the price you see. We're working to make this even more visible in the platform, so stay tuned for updates soon.

We work with multiple top-tier liquidity providers to ensure you get competitive prices. Here's our process:

1. When you initiate a trade, we automatically request quotes from all our providers

2. We select the best available price in the market

3. We add our transparent 0.5% spread to that price

4. You see the final price—no additional fees

Our market prices should closely match what you see on major price feeds because we're using the best executable prices available from institutional providers. The only difference is our clearly disclosed 0.5% spread.

Simple answer: 0.5% spread. That's it.

This single spread applies to:

• BTC ↔ USDC trades

• Loan repayments using collateral

• B2X buy orders

• Forced liquidations

No platform fees. No transaction fees. No surprise charges. Everything Ledn earns from trades is included in that transparent 0.5% spread.

Most competitors either hide their spreads or charge additional fees on top. We do neither—just one simple, transparent spread.