Onramp Lending vs Swan IRA

Onramp Lending (yield and lending) and Swan IRA (Bitcoin IRA) serve different corners of the Bitcoin ecosystem, but the question that matters most is the same: who controls the keys? Onramp Lending scores 84/100 (A-) versus 68/100 (B-) for Swan IRA. The 16-point spread is meaningful — it usually comes down to custody architecture and fee structure.

Where Each Platform Wins

Custody and security — the most heavily weighted category in our methodology at 35% — tilts 28 points toward Onramp Lending (88 vs. 60). Onramp Lending eliminates single points of failure in its custody architecture, while Swan IRA relies on a model where one compromised entity could put your bitcoin at risk. On fees, Onramp Lending wins by 6 points. Onramp Lending charges Varies by loan compared to 0.99% + custody at Swan IRA. Over a multi-year holding period, fee differences compound — a point worth considering for long-term accumulators.

The Custody Question

Here's the key difference: Onramp Lending has no single point of failure (Multi-Institution Collateral), while Swan IRA does (Custodial IRA). This matters because a single-point-of-failure model means one compromised entity — whether through a hack, insolvency, or government action — could result in total loss of funds. History has proven this risk is not theoretical. FTX, Celsius, and BlockFi all represented single points of failure for their users.

Bottom Line

Onramp Lending is the clear choice here, outscoring Swan IRA by 16 points across our six-category methodology. Keep in mind these platforms target different audiences — Onramp Lending is built for hnw borrowers, while Swan IRA serves simple retirement. One thing to watch with Swan IRA: single custodian for ira assets. higher fees than brokerage.. The data speaks for itself — but always verify our methodology and do your own due diligence before moving bitcoin to any platform.