About Transactions Accounts

  • María

    What is a Ledn Transaction Account, and what can I do with it?

    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), and Tether (USDT).
    • Access Other Products: Access and manage Ledn products like Loans, Trade, DCNs, and Growth accounts in USDT and USDC.
    • Top-Up and Auto Top-Up: Automatically maintain sufficient account balances for various product management activities on Ledn.

    ⚠ Note: Transaction Accounts are subject to jurisdictional availability. The availability of specific features may vary depending on your region.

  • María

    What is the difference between a Growth account and Transaction account?

    A Growth account is an account where you can earn interest.

    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.

    Please note that starting July 1st, BTC and ETH Growth Accounts will stop earning interest.