SIMCEL ONLINE

By Thorsten Jaeckel, Product Manager

Coinbase was created as a reliable, trusted, and safe bridge for people to buy and sell cryptocurrency, and they remain committed to providing the best crypto investing experience for their customers. Coinbase now offers easy investing tools for dollar-cost averaging, market stats for tradable assets, and supports 24 assets for trading. New assets have been added including stablecoins USDC and Dai, which can be used by customers to earn rewards when held on Coinbase.

With this announcement, they want to give their customers, even 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.

They hear from customers that they need cash for expenses like home renovations or car repairs, but they do not want to prematurely sell their crypto, or take out high-interest loans that could come with 20%+ APR. 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.

Source: Coinbase.com