B2X

A B2X Loan is a unique product that enables you to double your Bitcoin exposure. When you apply for a B2X Loan, Ledn provides you with a USD loan that is immediately used to purchase additional BTC, using both your original and newly acquired Bitcoin as collateral.

This structure allows you to increase your Bitcoin position without needing to deposit additional cash.

How It Works

• BTC Collateral: You must hold a minimum of $500 USD worth of BTC in your BTC Transaction Account to qualify.
• Doubling Exposure: Ledn provides a USD loan which is automatically used to buy an equal amount of BTC, effectively doubling your position.
• Collateral Usage: The original and newly purchased BTC are used as collateral for the loan.
• Loan Term: 12-month fixed term
• Loan Principal: Contracted in USD

Interest Rates, Admin Fees & Terms

• Interest Calculation: Accrues daily; interest and fees are due only upon loan closure.
• Admin Fees: A 2% administrative fee may apply at origination.
• Collateral Management: All B2X Loan collateral is managed under the Custodied Loan method.
• Repayment Options:
  Repay any time within the 12-month term using BTC, USDC, or via wire transfer. No early repayment penalties.

To open a B2X Loan:

1. Log into Your Ledn Account: Ensure your BTC Transaction Account has a balance.
2. Use the B2X Calculator: Enter the amount of BTC you wish to double. The platform will display loan details.
3. Confirm and Place Order: Follow prompts to your loan request, add your TOTP Code to confirm the transaction, and the BTC will be purchased and your B2X loan started.

B2X Loans are available in several regions but come with specific restrictions:

Unavailable In:

• United States and Canada
• Certain Countries: You can check availability in your location by visiting our eligibility page here.