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
Illustrative estimate only. Actual rates, fees, payment schedules, and payoff amounts may vary.
Frequently Asked Questions About Coinbase
Coinbase offers Bitcoin-backed loans starting at 5% APR up to 12% APR. Actual rates depend on loan-to-value ratio, loan amount, and term length.
Contact Coinbase directly for their minimum loan requirements, as this may vary based on current policies and your location.
Coinbase is an established Bitcoin lending platform. We recommend reviewing their custody practices, regulatory status, and user reviews before proceeding. Never invest more than you can afford to lose.
Coinbase offers a maximum loan-to-value (LTV) ratio of 65%. This means you can borrow up to 65% of your Bitcoin's current value. Higher LTV means more borrowing power but also higher liquidation risk.
Coinbase offers flexible loan terms. Contact them to discuss term options that fit your repayment timeline and financial goals.
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