Coinbase Lets Customers Borrow up to $1 Million Using Bitcoin as Collateral

By Bitcoin.com - pred 2 rokmi - Čas čítania: 2 minúty

Coinbase Lets Customers Borrow up to $1 Million Using Bitcoin as Collateral

The Nasdaq-listed crypto exchange Coinbase is now letting customers borrow up to $1 million using bitcoin as collateral. The company charges 8% APR but there is no credit check. The exchange said that the bitcoin used as collateral “remains safely held by Coinbase,” emphasizing, “It’s not lent out or used for any other purpose.”

Customers Can Borrow up to $1M With Bitcoin as Collateral From Coinbase

Kryptomenová burza Coinbase v utorok oznámila:

S potešením oznamujeme, že oprávnení zákazníci si teraz môžu od Coinbase požičať až 1 milión USD.

On its website, the Nasdaq-listed crypto exchange explained that eligible customers can “Borrow cash using bitcoin as collateral,” noting that borrowers will “Pay just 8% APR with no credit check.”

The company explained that customers can borrow as much as 40% of the value of the bitcoin in their account, up to $1 million. “Each month you only need to pay the interest due ($10 min),” Coinbase said, adding that there is no prepayment or late fees.

„Táto úverová linka má funkciu dopytu a je splatná do 2 rokov od otvorenia,“ pokračoval Coinbase a vysvetlil:

bitcoin you use as collateral remains safely held by Coinbase. It’s not lent out or used for any other purpose.

Úverová linka, ktorú ponúka Coinbase, je momentálne k dispozícii pre obyvateľov nasledujúcich štátov USA: AK, AR, AZ, CA, FL, ID, IL, NC, NE, NH, NJ, NY, OH, OR, TN, TX, UT, VA, WA a WY.

Coinbase nedávno opustila svoj plán spustiť program pôžičiek po tom, ako americká Komisia pre cenné papiere a burzu (SEC) hrozilo žalovaním spoločnosť, ak pokračovala v spustení. Burza potom zverejnila a návrh pre reguláciu kryptomien so štyrmi základnými odporúčaniami.

What do you think about Coinbase letting customers borrow up to $1 million with bitcoin as collateral? Let us know in the comments section below.

Originálny zdroj: Bitcoin. S