How Coinbase Bitcoin Collateral Loans Could Promote Long-Term Holding

Coinbase To Offer Collateral-Based Loans On Crypto Cryptocurrencies emerged due to Bitcoin’s creation and the rise of alternative forms of digital finance. | Source: TradingView Why Holders Will Be Less Apt To Cash Out Bitcoin Thanks To Collateral Loans Everyone has been through tough times and needed some cash faster than a paycheck would provide.

Banks offer personal loans, credit cards have cash advances, or you could cash out some assets by pawning your gold or exchanging some Bitcoin for USD. Moving forward, in those unfortunate events, crypto holders will be less apt to cash out their Bitcoin, and could instead consider taking a loan out on their holdings.

Timeline of Bitcoin