What are the borrowing options available for US customers on Coinbase?
Gopalan OppiliappanDec 26, 2021 · 3 years ago3 answers
Can you provide a detailed explanation of the borrowing options that are available for US customers on Coinbase? I would like to know what types of loans or credit facilities are offered, the interest rates, and any specific requirements or eligibility criteria.
3 answers
- Dec 26, 2021 · 3 years agoSure! Coinbase offers a borrowing service called Coinbase Borrow, which allows eligible US customers to borrow against their crypto assets. With Coinbase Borrow, you can use your crypto holdings as collateral to get a loan in USD. The interest rates vary depending on the loan term and the amount borrowed. It's important to note that Coinbase Borrow is not available in all states and eligibility criteria apply. You can find more information on the Coinbase website.
- Dec 26, 2021 · 3 years agoAbsolutely! Coinbase provides a borrowing option called Coinbase Borrow for its US customers. This service allows you to borrow funds using your crypto assets as collateral. The interest rates are competitive and depend on various factors such as the loan term and the amount borrowed. To be eligible for Coinbase Borrow, you need to meet certain criteria and reside in a supported state. For more details, you can visit the Coinbase website and explore the Borrow section.
- Dec 26, 2021 · 3 years agoOf course! Coinbase offers a borrowing service called Coinbase Borrow, which allows US customers to borrow against their crypto holdings. With Coinbase Borrow, you can access instant cash by using your crypto assets as collateral. The interest rates are competitive and vary based on factors like the loan term and the amount borrowed. However, it's important to note that Coinbase Borrow is currently only available to eligible customers in select states. For more information, you can visit the Coinbase website and navigate to the Borrow section.
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