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Ledn: The Bitcoin Lender That Won't Let You Sell
How a Toronto-based startup built a $11.3M revenue business by solving the HODLer's dilemma.
In a market obsessed with selling crypto at the peak, Ledn is betting everything on the opposite thesis: let your Bitcoin appreciate, but access its value now. Their pitch is brutally simple—don't sell your BTC, borrow against it instead. It’s a strategy that has captured 327,518 monthly visitors and $103.9M in funding.
"They aren't selling a loan; they're selling a tax strategy and a psychological safety net."
The HODLer's Dilemma
Ledn’s core insight is that the biggest Bitcoin holders are often the least likely to sell. Realizing gains triggers taxable events and risks missing future upside. Ledn targets this specific psychology. With 49% direct traffic, a massive chunk of their users aren't browsing alternatives—they're returning to the platform specifically to borrow. They aren't selling a loan; they're selling a tax strategy and a psychological safety net.
The Growth Engine
Despite a modest 38% organic search traffic share, Ledn’s brand is strong. The keyword 'ledn' alone commands 6,800 monthly searches, and 'ledn bitcoin' adds another 770. This indicates a product-led growth motion where users search for the brand directly rather than generic terms like 'bitcoin loan'. With 87 employees and $11.3M in revenue, they are operating at a highly efficient ~$130k revenue per employee ratio for a fintech, suggesting a lean, focused operation.
The tech stack tells a story of pragmatism over flash. They rely on jQuery, Bootstrap, and Tailwind CSS—proven, stable technologies that prioritize speed and reliability over bleeding-edge frameworks. This isn't a company burning cash on experimental tech; it's a utility provider building a robust plumbing system for the crypto economy. The 1,038 Trustpilot reviews back this up, validating the user experience in a trust-starved industry.
- The 'Don't Sell' Narrative: They’ve monopolized the psychological hook of retaining asset appreciation.
- Direct Traffic Dominance: 49% direct traffic suggests high brand recall and a sticky user base.
- Efficient Scaling: $11.3M revenue with only 87 employees indicates a high-margin, automated lending model.
Ledn isn't building a bank; they're building the bridge between the old world of fiat and the new world of Bitcoin.
For founders and investors, the lesson is clear: solve the emotional friction of asset disposal, and you own the user's loyalty.
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Ledn | Borrow Against your Bitcoin Securely
Access USD liquidity with Ledn’s secure bitcoin-backed loans - keep your BTC, get cash in hours, no selling required.
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Ledn
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Reviews (20)
Rekomend
Rekomend !!!
Ledn is great
Ledn is great. The platform offers several strong financial products for Bitcoin holders. You can earn interest on your USD or borrow at fair rates against your BTC. Discovered it through the sMiles app.
excellent support.
Good afternoon Ledn Team, Daniel has been very helpful, and everything is now clear! I would like to thank Ledn — and especially Daniel — for the excellent support. Kind regards, Edwin
Daniel and team at LEDN are amazing
Daniel and team at LEDN are amazing, always trying to figure out how to help. The process is easy and clear. Highly recommend them.
Great service - B2X
Great service. Been using the B2X service and works great.
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About ledn.io
Access USD liquidity with Ledn’s secure bitcoin-backed loans - keep your BTC, get cash in hours, no selling required.
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Technology Stack
ledn.io uses 23 technologies across their website including YouTube Embed, HSTS, jsDelivr, and more.
Video
YouTube Embed
Security
HSTS
CDN
jsDelivr
Cloud & Hosting
AWS CloudFront, Cloudflare
Marketing Automation
HubSpot
Advertising
DoubleClick Floodlight, LinkedIn Insight Tag, TikTok Pixel, Google Ads +1 more
Traffic & Audience
ledn.io receives approximately 327.5K monthly visitors and ranks #148,968 globally. The website has a bounce rate of 50% with visitors viewing an average of 2.4 pages per visit. Users spend an average of 0:59 on the site.
The majority of ledn.io's traffic comes from undefined, undefined, .
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This page provides publicly available information about ledn.io. Data is collected from various public sources and may not always be up to date. For the most accurate information, please visit ledn.io directly at https://ledn.io.