Lantern Finance Reviews 109

Keeping it clean and simple
There is enough going on right now with a learning curve with simplicity helps!

The speed and how simple the transaction went through was amazing. Lanterns business model is so simple how the banks should be. I highly recommend Lantern.

I was skeptical at first. But this is really legit and helpful. Thank you for your easy process!

Simple process and fast approval. Excellent experience!

They returned my call right away, answered all my questions, and guided me through the whole online process in a polite, friend and courteous manner. I would highly recommend them. As far as critiques, hopefully in the near future they will be able to offer even better loans, with even better rates, and perhaps earn yield

You are very easy to do business with and your website is intuitive. Approval times for loans are quick which makes access to that capital quicker. I highly recommend!

I wanted to give you a 5-star review. During the October 11 crypto crash, I was fortunate to stay safe because I’ve always believed that using collateral and leverage in crypto carries huge risk — prices can drop to just cents in seconds. I don’t like platforms that trigger instant liquidation, because when the market crashes sharply, it often rebounds quickly afterward.

Here’s what makes Lantern Finance different， Margin call notification and 72 hours to respond.

This flash crash proved why that matters. Even though some platforms offer better rates and higher LTVs, Lantern’s human-centered service shows true understanding of the market’s volatility and gives us valuable time and support.

Lantern has proven to be an exceptional service when it comes to protecting the customer's collateral. Their policy of providing a 72-hour notification before liquidation is a game-changer, especially during volatile market conditions. This feature came in incredibly handy during the recent flash crash, giving me ample time to react and adjust my positions without the immediate threat of liquidation. The peace of mind this offers is invaluable, and I highly recommend Lantern to anyone looking for a reliable and customer-friendly trading platform.

Easy process

Simple, clear instructions and interface. Still haven’t finished a loan term but can guess its easy too.

Lantern made the entire process quick and easy. Most importantly, I was able to connect face to face and have all my questions answered. I don't take lightly using my hard-earned collateral for a loan, but their safeguards, market experience, and response time gives me confidence in them. Very happy to access liquidity without selling my collateral.

Recent Crypto Flash Crash and Lantern did not liquidate my account or any account from this event.
Why would anyone take a loan against their crypto anywhere else. Lantern had my business today and tomorrow!! Trusted and i am very thankful!!

The Lantern people were super helpful and they walked me through things (very patient with me!)

It's helping me alot right now!

Daniel
Muskegon, MI

Human and domestic customer service is greatly appreciated and easily reached. My 1st transaction with Lantern was clearly explained so I could easily upload my crypto at 1:40PM PST and I received a wire before the end of the day. Outstanding speed and support.

Jung was very patient, attentive, and provided outstanding customer service.

It was hassle-free and the support was excellent. I was uncertain about transferring that much of my net worth, but it was easy and well supported.

Easy to use, got funds fairly quick

Communication and support was speedy and efficient. As a first time user, I will definitely continue with their services!

White glove treatment in terms of customer support