Getting started

If you reside in AK, AR, CT, FL, IL, NH, NJ, NC, OR, TX , VA, NE, UT, or WY, and are interested in borrowing cash from Coinbase, please start here instead.

Am I eligible to take out a line of credit from Coinbase?

If you reside in AZ, CA, ID, OH or TN and have BTC in your portfolio, you may be eligible to take out a line of credit. Please login to your account and visit coinbase.com/borrow to see if you qualify. 

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 for a line of credit from Coinbase?

Please login to your account and visit coinbase.com/borrow to see if you are eligible to borrow cash or take out a line of credit. Follow the prompts to see how much you can apply to Borrow. 

How much can credit is available to me if I’m eligible?

If you are an eligible Coinbase customer, you can borrow up to 40% of your Bitcoin (BTC) balance on Coinbase, up to USD $100,000. The minimum amount is $2,000, except in AZ and CA where the minimum to open the line of credit is $10,001.

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 40% of your BTC, with the maximum at $100,000. 

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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