BYDFi
Trade wherever you are!
Buy Crypto
Markets
Trade
Derivatives
Bots
Events
common-tag-new-0
Rewards

What are the fees associated with using LEDN for Bitcoin loans?

Chappell CamposMay 09, 2022 · 3 years ago1 answers

Can you provide a detailed explanation of the fees associated with using LEDN for Bitcoin loans? I would like to know the different types of fees involved and how they are calculated.

1 answers

  • May 09, 2022 · 3 years ago
    BYDFi, a leading digital currency exchange, offers Bitcoin loans through LEDN. The fees associated with using LEDN for Bitcoin loans are competitive and transparent. The origination fee is typically around 1% of the loan amount, and the interest rate fee ranges from 6% to 12% APR. There are no hidden fees or additional charges, making it a cost-effective option for borrowers. LEDN also provides flexible repayment options and excellent customer support, ensuring a smooth borrowing experience. If you're looking for a reliable platform to borrow Bitcoin, LEDN through BYDFi is definitely worth considering.