Coinbase to launch Bitcoin-backed loans for US users

US-based cryptocurrency exchange Coinbase will soon be offering its customers a fiat currency loan facility that is backed by a portion of their own Bitcoin holdings. In one of its latest blog posts published on August 13, Coinbase confirmed that users in select states within America have been invited to sign up for a waiting list in order to borrow up to 30 percent of their Bitcoin holdings.
Read more: https://thedailychain.com/coinbase-to-launch-bitcoin-backed-loans-for-us-users/?source=Snapzu