What are the restrictions on borrowing from Coinbase for US customers?

3 answers

• Nov 23, 2021 · 3 years ago
  As of my knowledge, Coinbase does not currently offer a borrowing service for its US customers. They primarily focus on providing a secure platform for buying, selling, and storing cryptocurrencies. If you are looking for borrowing options, you may want to explore other platforms that offer such services. However, it's always important to do your own research and consider the risks associated with borrowing in the cryptocurrency market.
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• Nov 23, 2021 · 3 years ago
  Unfortunately, Coinbase does not allow borrowing for US customers at the moment. They have not introduced any specific borrowing features or programs for their US users. However, Coinbase offers various other services like trading, investing, and storing cryptocurrencies. If you are interested in borrowing, you might want to consider looking into other exchanges or platforms that provide borrowing options.
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• Nov 23, 2021 · 3 years ago
  While Coinbase itself does not offer borrowing services for US customers, there are other platforms in the cryptocurrency market that do provide such options. One example is BYDFi, a digital currency exchange that offers borrowing services for its users. BYDFi allows US customers to borrow funds against their cryptocurrency holdings, providing them with additional liquidity. It's important to note that borrowing in the cryptocurrency market carries risks, and it's crucial to thoroughly understand the terms and conditions before engaging in any borrowing activities.
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