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Coinbase Now Offers Fixed-Rate Bitcoin-Backed Loans. Here's What Crypto Investors Need to Know.
Source: fool.com
Crypto & Digital AssetsFintechProduct LaunchesCredit & Bond Markets
Coinbase recently added a fixed-rate option to its existing variable-rate Bitcoin-backed loans. Borrowers must repay in full on the last Friday of either the current month or the following month; the article notes Bitcoin’s volatility makes it riskier collateral than other loan collateral.
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