Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Biodom
on 12/08/2020, 22:03:54 UTC
⭐ Merited by JayJuanGee (1)
@Coindesk
JUST IN: @coinbase will offer bitcoin-backed cash loans to select U.S. customers, beginning this fall.

@Nate_DiCamillo reports
https://t.co/pE9YP0jZNL

Thanks...

and..told ya, they want you to lend your btc out and/or borrow against it, then, once it dips, collect your btc under some pretense such as 'you have exceeded your collateral limits, so the loan had to be liquidated'. Basically, don't do it.