Coinbase customers can now borrow cash fast from their accounts

Coinbase now offers easy investing tools for dollar cost averaging, market stats for tradable assets, and support 24 assets for trading. New assets Coinbase has added include stablecoins USDC and Dai, which can be used by customers to earn rewards.

With this move, Coinbase hopes to give customers more control over their crypto investments, while offering secure access to cash at the same time. US customers in eligible states are now invited to join the waitlist for the option to borrow up to 30% of their Bitcoin holdings.

With portfolio-backed loans on Coinbase, customers can borrow cash quickly from their Coinbase accounts. No need to fill out a long application or go through a credit check. Customers can simply sign up with a few taps and get the cash in their accounts within 2–3 days.

Eligible customers can join the waitlist today, and Coinbase will offer access to customers starting this fall.


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