Getting started

Always check the email address in any email invitation. Do not click on or respond to any Coinbase email invitations that don’t end in @coinbase.com. Coinbase will never call or mail you an invitation to apply.

Am I eligible to borrow cash from Coinbase?

At this time, borrowing from Coinbase is by email invitation only. We’re currently inviting US customers with Bitcoin (BTC) in their Coinbase portfolio who meet certain requirements and reside in AK, AR, CT, FL, GA, IL, NH, NJ, NC, OR, TX , VA, NE, UT, or WY. If you reside in one of the eligible US states and have BTC in your portfolio, you are welcome to join the waitlist.

Coinbase does not currently use credit checks to determine eligibility. Please note that the Coinbase support team is not able to see eligibility or application status.

How do I apply to borrow cash from Coinbase?

Applications to borrow are by email invitation only. You can join the waitlist if you meet the requirements stated above. You’ll need to follow the instructions in the email invitation to complete your application.

How much cash can I borrow if I’m eligible?

If you are an eligible Coinbase customer, you can borrow up to 30% of your Bitcoin (BTC) balance on Coinbase, up to USD $20,000. The minimum amount is $10.

If the USD value of your BTC increases, you may apply for more than one loan, as long as the total of all loans is under 30% of your BTC and under $20,000. 

Does Coinbase report to credit bureaus? 

No. Coinbase does not report any loan-related information or activity to credit reporting agencies at this time.

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