Coinbase
Established 2012
The largest US crypto exchange now offers Bitcoin-backed USDC loans through Morpho on the Base blockchain. Variable rates (currently around 5% APR) adjust automatically with each block. No minimum loan, no fixed term, no prepayment penalties. Loan limits up to $5 million USDC. On-chain custody means your collateral sits in a smart contract, not a company balance sheet.
Interest Rates
APR Range5% - 12%
Origination FeeNone
Loan Details
0
Maximum Loan5000000
Max LTV65%
Example Loan Calculation
Based on a $50,000 loan at 5% APR over 24 months
$2,194
Monthly Payment
$52,646
Total Payment
$2,646
Total Interest
Frequently Asked Questions About Coinbase
About this analysis
21Rates Editorial TeamBitcoin Financial Research Analysts
Our research team analyzes Bitcoin lending platforms using proprietary risk scoring, rate comparison data, and user reviews. We independently verify lender terms and maintain up-to-date information to help you make informed borrowing decisions.
Last verified: July 2026