Coinbase Presents New Product - Loans Up To $ 1 Million With BTC Deposit
The global cryptocurrency exchange Coinbase has introduced a new product based on bitcoin (BTC), which will open up to customers in the United States the opportunity to borrow up to $ 1 million for about $ 1 million
About this the company has communicated in its Twitter account.
Tweet underwent active discussion, and many participants in the crypto space highly appreciated the new function. In fact, Coinbase has created a precept that other cryptocurrencies may follow in the future.
Some remained unhappy with this news, since they think that the borrowing will work against the bitcoin and will call the alcoins.
Either way, the new borrowing function will allow the owners of bitcoins in selected states of the United States to take free loans and pay 8% In the meantime, the user's cryptocurrency will be reliably stored on Coinbase. To know more visit our trading platform
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