Now you can borrow up to $20,000 from Coinbase using your Bitcoin as collateral. Pay just 8% APR with no credit check.
How it works
Have you ever needed cash for something urgent, like a car or home repair? In the past, you might have sold Bitcoin to cover it and incurred a taxable gain or loss. Now you don't have to.
If you have Bitcoin in your Coinbase account, you can borrow up to 30% of the value in cash, up to $20,000.
Selling your Bitcoin might incur a taxable gain or loss. Now you won't have to sell when you need extra cash.
Our 8% APR rate is lower than most personal loans. Plus, there's no credit check.
Each month you only need to pay the interest. You can wait up to 1 year to repay the principal. Additional terms apply.