Prices Learn Individuals Businesses Developers Company Sign in Get started 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. Sign up to get started Already have an account? Sign in Line of credit offer currently available to residents of the following US states: AK, AR, AZ, CA, FL, ID, IL, NC, NE, NH, NJ, NY, OH, OR, TN, TX, UT, VA, WA, and WY. Click here to learn about fixed term loans, which are currently available to residents of the following US states: CT4. 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.  Avoid selling your Bitcoin Selling Bitcoin can result in a taxable gain or loss3. Borrow from Coinbase to get cash without selling your Bitcoin.  No fees or credit checks There are no fees or credit checks involved, just a low APR of 8%2.  Flexible repayment schedule Pay off the balance on your line of credit on a schedule that works for you. Additional terms apply4  Get Cash Quickly Your borrowed cash can be instantly deposited to PayPal or transferred via ACH to your bank account. How it works  Choose what to borrow You can borrow as much as 40% of the value of the Bitcoin in your account, up to $1,000,0001.  Get your cash Using your bank account or PayPal, get access to your borrowed cash quickly with no fees.  Make monthly payments Each month you only need to pay the interest due ($10 min). Pay off the balance when you’re ready. Additional terms apply4.  Your Bitcoin stays safe The Bitcoin you use as collateral remains safely held by Coinbase. It’s not lent out or used for any other purpose. Bitcoin collateral-backed lines of credit are available to residents of AK, AR, AZ, CA, FL, ID, IL, NC, NE, NH, NJ, OH, OR, TN, TX, UT, VA, WA, and WY. Bitcoin collateral-backed fixed term loans are available to residents of CT. 1. Size and terms of the line of credit may vary based on the value of your BTC collateral and state of residence. Refer to our FAQ page for further information. 2. Annual Percentage Rate (APR) effective as of June 1st, 2021. APR is variable and based on the Overnight Bank Funding Rate, plus a margin. See FAQ for further information. 3. Taxation: Coinbase Credit does not provide tax advice. If you have questions, please consult your tax advisor. 4. Minimum payment per month $10. No Prepayment or Late Fees. This line of credit has a demand feature and is repayable within 2 years of opening. Eligibility criteria available here. Coinbase Credit, Inc. NMLS ID#1895538 NMLS Consumer Access Don't have a Coinbase account? Get started Deutsch English Español - España Español - América Latina Français - France 日本語 Italiano Polski Português - Brasil Português - Portugal Pусский ไทย Türkçe © 2021 Coinbase Blog • Twitter • Facebook Company About Careers Affiliates Blog Press Investors Legal & privacy Cookie policy Cookie preferences Learn Browse crypto prices Coinbase Bytes newsletter Crypto basics Tips & tutorials Market updates What is Bitcoin? What is crypto? What is a blockchain? How to set up a crypto wallet How to send crypto Taxes Individuals Buy & sell Earn free crypto Wallet Card Businesses Prime Custody Asset Hub Commerce Developers Coinbase Cloud Connect Commerce Pro Bison Trails WalletLink Rosetta USDC Support Help center Contact us Create account ID verification Account information Payment methods Account access Supported crypto Supported countries Status