Coinbase are expanding the ability of US customers to borrow cash using Bitcoin as collateral

Author: Eamonn Sheridan | Category: Cryptocurrency

Coinbase makes available a line of credit to US customers using Bitcoin as collateral in a number of US states. 

  • Coinbase said they are expanding the number of states where this will be available
  • Eligible customers can now borrow up to 40% of their BTC holdings in cash without having to sell

Info via Street Insider.

Hold on to your hats!

Coinbase BTC chart

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