如何使用比特币 (BTC) 作为抵押品在 Coinbase 上获得贷款

如果您是 Coinbase (COIN) 用户，您也许可以使用您拥有的比特币 (BTCUSD) 作为抵押品来获得贷款。

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) 用户现在可以使用其持有的比特币 (BTCUSD) 作为抵押品来获得贷款，这项服务已在有限时间内提供。

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

该加密货币交易所周四宣布，其用户将能够用其持有的比特币筹集稳定币美元硬币（USDC）资金。

"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：“你还可以免费将 USDC 兑换成 1:1 美元，以支付购买汽车或抵押贷款首付等主要费用。”

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

这笔贷款将由名为 Morpho 的去中心化金融 (DeFi) 平台提供服务，该平台部署在 Coinbase 创建的 Base 区块链上。

How to borrow against bitcoin on Coinbase

如何在 Coinbase 上以比特币为抵押进行借贷

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.

美国 Coinbase 客户（居住在纽约的客户除外）现在可以通过该公司的应用程序质押其比特币，借入最多 10 万美元的 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.

与金融服务公司的传统贷款不同，您可以借入的金额与您必须提供多少比特币作为抵押品相关，而不是与您的信用评分或信誉度相关。利率将根据现行市场利率确定，将在您进行贷款交易时向您显示。没有固定的到期日或固定的每月付款；您可以选择全额或部分偿还贷款。

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.

当您决定以比特币为抵押进行贷款时，它将首先转换为 Coinbase Wrapped BTC (cbBTC) 代币，这是由 Coinbase 发行的比特币支持的代币。然后，该 cbBTC 将被集成到 Base 区块链上的 Morpho 智能合约中。

Should you be borrowing against your bitcoin?

你应该用你的比特币借款吗？

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.

多年来，以比特币为抵押的借贷一直是加密货币领域的一项重要金融服务，由 DeFi 协议和中心化金融机构提供。它既有好处也有风险。

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.

如果您需要资金并出售比特币以获取利润以筹集资金，您将有责任为该销售纳税。以比特币为抵押的贷款可以帮助您在不出售加密货币的情况下筹集资金，但此类交易的税务处理仍不清楚，一些人认为从比特币到 cbBTC 的转换可能被视为应税事件。

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，一个主要风险是，如果比特币的价格经历剧烈波动，您的抵押品的价值可能会受到影响，可能导致您持有的部分比特币被清算。

Pros of loans with bitcoin as collateral

以比特币作为抵押贷款的优点

Risks of loans with bitcoin as collateral

以比特币为抵押的贷款风险