How to Borrow Money Against Your Bitcoin with Coinbase

[@Sharpshooter649]

What is the interest rate?

[@CardanoZine]

Why not include New York? More exclusion, fewer options for users.

[@donovanada]

Decentralization? Doesn’t seem like it when Coinbase controls so much here.

[@charliechen23]

Liquidation risk feels too high for a so-called “safe” loan option.

[@Jerviecurpoz]

Coinbase's loans look risky with Bitcoin's volatility. Overcollateralization doesn’t feel worth it.

[@yahani-stocks]

This feels like a trap for Bitcoin holders during a market dip.

[@fantomania228]

Handing over your BTC for USDC is a fool’s game-ask Celsius victims. Secure your Bitcoin in cold storage and let the market drive up the value. Coinbase isn’t worth your trust.

[@LeeTommy-j4l]

turning legit bitcoin into cbBTC when its reserves aren't even verified? sounds like a recipe for getting ripped off.