About Transactions Accounts

A Ledn Transaction Account is a non-interest-bearing account designed to help you manage your digital assets on the Ledn platform. This account serves multiple purposes, including:

• Deposits and Withdrawals: Add or remove assets like Bitcoin (BTC), USD Coin (USDC), Ethereum (ETH), and Tether (USDT).
• Access Other Products: Access and manage Ledn products like Loans, Trade, and Growth accounts. 
• Transfers: Use Ledn Transfer to send and receive BTC/USDC to/from other Ledn clients.
• Top-Up and Auto Top-Up: Automatically maintain sufficient account balances for various product management activities on Ledn.

⚠ Note: Transaction Accounts may vary by jurisdiction. You can check availability in your location by visiting our eligibility page here.

A Growth account is an account where you can earn interest. It is only exposed to the counterparties that generate your yield, meaning it is isolated from the risks of other Ledn products and services, and it will not be affected in the unlikely event of a Ledn bankruptcy.

In the event of a non-performing loan, Growth account clients will be able to access unimpaired funds quickly, rather than having the unimpaired assets tied up in tedious bankruptcy proceedings.

A Transaction account is a non-interest-bearing account for adding and withdrawing assets, and managing your Ledn products and services like Loans, Trade, Transfer and DCNs. Transaction account assets are primarily held in cold storage. Your Transaction account is where you can add assets to your Growth account, and the destination for assets you withdraw from your Growth account.

You can switch between Growth and Transaction accounts at any time.