Arch Lending vs Ledn
Compare supported currencies, security, interest rates, fees, and customer service.
By Lantern Finance
In this article, we will explore the differences between Arch Lending and Ledn.
Currencies supported
Security
Interest Rates and Fees
Customer Service
Arch Lending | Ledn | |
CURRENCIES | ||
Bitcoin (BTC) | ✅ | ✅ |
Ethereum (ETH) | ✅ | ✅ |
Solana (SOL) | ✅ | ❌ |
Litecoin (LTC) | ❌ | ❌ |
Ripple (XRP) | ❌ | ❌ |
DOGE (DOGE) | ❌ | ❌ |
SECURITY | ||
Custody Partner | Anchorage Digital | BitGo Trust Company |
Encryption for data | Not stated | AES-256 |
2FA | Authenticator apps | Yes |
Headquartered | 595 Broadway, Floor 4, New York, NY 10012, United States | VASP Registered with CIMA (Ledn Cayman SEZC Inc.) |
Collateral Management | Arch Lending emphasizes their commitment to never rehypothecating client assets (not lending out or trading collateral). All assets remain in secure cold storage with their custody partner. | Standard Loans: For these loans, Ledn has the right to lend the collateral to institutions to earn interest, which in turn, Ledn uses to lower the interest rate of these Standard loans. Custodied Loans: The collateral you post to secure your loan may only be re-posted by Ledn to a trusted institutional USD funding partner, such as a bank, credit fund or other corporate funding partner. |
INTEREST RATES AND FEES | ||
Annual Interest rates | BTC: 14.5% ETH: 14.5% SOL: 14.5% | BTC: 10.4% ETH: 10.4% |
Loan-to-value ratio | BTC: 60% ETH: 55% SOL: 45% | BTC: 50% ETH: 50% |
Margin Calls | BTC: 70% LTV ETH: 65% LTV SOL: 55% LTV | Not specified |
Grace Period to add Collateral | 24 hours | Not specified |
Liquidation Fees | 2.50% | 2.00% |
Liquidation LTV | BTC: 80% LTV ETH: 75% LTV SOL: 65% LTV | 80% |
Origination Fees | 1.50% | 2% 0% if the US or Canada |
Late Repayment Fees | 10.00% | Not specified |
Loan Disbursement Duration | Within 24 hours of receiving collateral | Within 24 hours of receiving collateral |
Repayment Options | Repayments can be made in either fiat USD or USDC stablecoin | BTC, ETH, USDC, or via wire transfer. |
Early Repayment Penalties | No fees or penalties | No fees or penalties |
Fixed Term | 12-months | 12-months |
Number of active loans | No limit | No limit |
Minimum loan amount | $1,000 | $1,000 |
CUSTOMER SERVICE | ||
Call Hotline | ✅ | ✅ |
✅ | ✅ | |
SMS | ❌ | ✅ |
