Nexo vs Ledn: Crypto rates compared.

Multi-asset Credit Line from 0.9% per year. See how Nexo compares to Ledn's Bitcoin-only loans.

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Nexo vs Ledn at a glance.

	Nexo	Ledn
Supported collateral	BTC, ETH, and 35+ other digital assets	BTC only
Lowest borrow rate	0.90% annual interest	9.99% annual interest
Borrow rate range	0.90% – 15.90% annual interest	9.99% – 11.49% annual interest
Size range	$50 – $2 million	$500 – $1 million
Product type	Revolving open-ended Credit Line	Fixed 12-month loan
Max LTV	Up to 50% for BTC Up to 90% for stablecoins	50%
Yield rates	Up to 16% annual interest Compounding daily, with flexible and fixed-term options.	Not available in the U.S.

Rates subject to change. Check each platform for current terms.

Get started with Nexo

What sets Nexo apart from Ledn.

Multi-asset collateral

Mix BTC, ETH, SOL, XRP, and over 35 other digital assets as collateral for your Nexo Credit Line and swap between them whenever you need to. With Ledn, you can only use BTC as collateral.

Designed to stay open

Borrow and repay on your own schedule with no maturity date, reapplication, or renewal fees. Ledn issues 12-month loans with a single payout and a fixed repayment deadline.

Rates from 0.9% per year

Nexo clients with a Signature Wealth Tier pay up to 11x less than Ledn's standard borrow rate. Your rate depends on your Wealth Club tier and LTV, but even at lower tiers, Nexo's rates stay competitive with Ledn's.

Global leader in CeFi lending

Galaxy Research ranked Nexo #2 CeFi lender by total loan volume for two consecutive quarters, Q2 and Q3 2025 — a reflection of our pioneering role in shaping crypto-backed lending since 2018.

Built on a track record that speaks for itself.

$8+ billion

in assets under management

$403+ billion

in transaction volume

$1.3+ billion

in interest paid

Frequently asked questions.

How does Nexo compare to Ledn?

Nexo offers a revolving multi-asset Credit Line with rates from 0.9% per year, supporting 35+ collateral assets including BTC, ETH, SOL, and XRP. Ledn offers 12-month term loans backed by Bitcoin only at 9.99%–11.49% per year. The key structural difference: Nexo's Credit Line stays open indefinitely, while Ledn's loans have a 12-month term.

Beyond borrowing, you can also generate yield on your digital assets in flexible and fixed-term options. Ledn does not offer yield-generating products in the US.

What are Ledn's borrow rates compared to Nexo's?

Ledn's borrow rates are higher than Nexo's across all tiers. Ledn charges 9.99%–11.49% per year on its Bitcoin-backed loans. Nexo's rates range from 0.9% to 12.9% per year depending on your Wealth Club tier and LTV.

Do I need to buy NEXO Tokens to use a Nexo Credit Line?

No, you don't need NEXO Tokens to open or use a Credit Line. You can borrow at any tier without holding any. That said, holding NEXO Tokens does lower your borrow rate — the more you hold as a share of your portfolio, the more you climb through the Wealth Club tiers and unlock better rates across the entire Nexo ecosystem.

What happens if my collateral drops in value?

On both platforms, a drop in collateral value increases your LTV. Nexo monitors your LTV continuously and may send margin alerts as it approaches critical thresholds, with a partial automatic repayment potentially triggered at 83.33%. You can add more collateral or make a partial repayment at any time to stay ahead of it.

What's the difference between a credit line and a loan?

Nexo's Credit Line is revolving. Once open, you draw and repay on your own schedule with no maturity date. Ledn issues a single 12-month term loan: you receive a one-time disbursement and repay by the end of the term. If you need ongoing access to liquidity, a revolving credit line gives you that flexibility without reapplying.

How do I switch from Ledn to Nexo?

Create a free Nexo account and complete verification. Once your account is funded with assets eligible for collateral, your Credit Line activates automatically and is ready for use. The process can take you from registration to borrowing on the same day. There is no application, no credit check, and no waiting period.

If you have an active loan on Ledn, you can open a Nexo Credit Line for new liquidity while your Ledn loan runs to its 12-month term end.

Driving the next generation of wealth.

Nexo is built for pioneers ready to leverage blockchain technology to shape the next generation of wealth. Create your account today and get started.

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