Coinbase (COIN) expanding the number of states where US customers can borrow cash using Bitcoin as collateral

Coinbase (NASDAQ: COIN) said they are expanding the number of states where US customers can borrow cash using Bitcoin as collateral. Eligible customers can now borrow up to 40% of their BTC holdings in cash without having to sell.

Line of credit offer currently available to residents of the following US states: AZ, CA, ID, OH, and TN. Click here to learn about fixed term loans, which are currently available to residents of the following US states: AK, AR, CT, FL, IL, NC, NE, NH, NJ, NY, OR, TX, UT, VA, and WY4.

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