Borrow cash using Bitcoin as collateral

Now you can borrow up to $1,000,0001 from Coinbase using your Bitcoin as collateral. Pay just 8% APR2 with no credit check.

Big news for the Bitcoin holders. Why borrow cash?

Have you ever needed cash for something urgent, like medical bills or car repairs? In the past, you might have sold Bitcoin to cover it and incurred a taxable gain or loss3. Now you don't have to.

We’re excited to announce that eligible customers can now borrow up to $1 Million USD from Coinbase.