如何使用比特幣 (BTC) 作為抵押品在 Coinbase 上獲得貸款

如果您是 Coinbase (COIN) 用戶，您也許可以使用您擁有的比特幣 (BTCUSD) 作為抵押品來獲得貸款。

Coinbase (COIN) users can now use their bitcoin (BTCUSD) holdings as collateral to get a loan, a service that has been available for a limited time.

Coinbase (COIN) 用戶現在可以使用其持有的比特幣 (BTCUSD) 作為抵押品來獲得貸款，這項服務已在有限時間內提供。

The cryptocurrency exchange announced Thursday that its users will be able to raise funds in stablecoin USD Coin (USDC) against their bitcoin holdings.

該加密貨幣交易所週四宣布，其用戶將能夠用其持有的比特幣籌集穩定幣美元硬幣（USDC）資金。

"You can also convert USDC to USD 1:1 for free to cover major expenses like buying a car or making a downpayment on your mortgage," Coinbase said.

Coinbase 表示：“你還可以免費將 USDC 兌換成 1:1 美元，以支付購買汽車或抵押貸款首付等主要費用。”

The loan will be serviced by a decentralized finance (DeFi) platform called Morpho, which is deployed on the Base blockchain, created by Coinbase.

這筆貸款將由名為 Morpho 的去中心化金融 (DeFi) 平台提供服務，該平台部署在 Coinbase 創建的 Base 區塊鏈上。

How to borrow against bitcoin on Coinbase

如何在 Coinbase 上以比特幣為抵押進行借貸

U.S. Coinbase customers — except for those residing in New York — can now pledge their bitcoin to borrow up to $100,000 in USDC through the company's app.

美國 Coinbase 客戶（居住在紐約的客戶除外）現在可以透過該公司的應用程式質押其比特幣，借入最多 10 萬美元的 USDC。

The amount you can borrow is linked to how much bitcoin you have to offer as collateral rather than your credit score or creditworthiness, unlike a traditional loan from a financial services company. The interest rate, which will be determined by the prevailing market rate, will be displayed to you when you make the loan transaction. There are no set due dates or fixed monthly payments; you can choose to repay the loan in full or in part.

與金融服務公司的傳統貸款不同，您可以藉款的金額與您必須提供多少比特幣作為抵押品相關，而不是與您的信用評分或信譽度相關。利率將根據現行市場利率決定，並將在您進行貸款交易時向您顯示。沒有固定的到期日或固定的每月付款；您可以選擇全額或部分償還貸款。

When you decide to take out a loan against your bitcoin, it will first be converted into a Coinbase Wrapped BTC (cbBTC) token, a bitcoin-backed token issued by Coinbase. This cbBTC will then be integrated into a Morpho smart contract on the Base blockchain.

當您決定以比特幣為抵押進行貸款時，它將首先轉換為 Coinbase Wrapped BTC (cbBTC) 代幣，這是由 Coinbase 發行的比特幣支援的代幣。然後，該 cbBTC 將整合到 Base 區塊鏈上的 Morpho 智能合約中。

Should you be borrowing against your bitcoin?

你應該用你的比特幣借款嗎？

Borrowing against bitcoin holdings has been a key financial service in crypto for several years, offered by both DeFi protocols and centralized financial institutions. It comes with both benefits and risks.

多年來，以比特幣為抵押的借貸一直是加密貨幣領域的重要金融服務，由 DeFi 協議和中心化金融機構提供。它既有好處也有風險。

If you need money and sell your bitcoin at a profit to raise funds, you will be liable to pay taxes on that sale. A loan against your bitcoin could help you raise money without selling your crypto, but the tax treatment of such transactions is still unclear, with some suggesting that the conversion from bitcoin to cbBTC may be considered a taxable event.

如果您需要資金並出售比特幣以獲取利潤以籌集資金，您將有責任為該銷售納稅。以比特幣為抵押的貸款可以幫助您在不出售加密貨幣的情況下籌集資金，但此類交易的稅務處理仍不清楚，有些人認為從比特幣到 cbBTC 的轉換可能被視為應稅事件。

Additionally, a major risk is that if the price of bitcoin experiences extreme volatility, the value of your collateral could be affected, potentially leading to the liquidation of a portion of your bitcoin holdings.

此外，一個主要風險是，如果比特幣的價格經歷劇烈波動，您的抵押品的價值可能會受到影響，可能會導致您持有的部分比特幣被清算。

Pros of loans with bitcoin as collateral

以比特幣作為抵押貸款的優點

Risks of loans with bitcoin as collateral

以比特幣為抵押的貸款風險