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

avatarRiki ArdiyansahDec 28, 2021 · 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.

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

1 answers

  • avatarDec 28, 2021 · 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.