What happened to Coinbase borrow?
Hello there, I'm curious about the recent developments surrounding Coinbase Borrow. Can you provide some insights into what happened with this feature? Did it undergo any significant changes or updates? Are there any new features or terms of service that users should be aware of? I'm particularly interested in understanding how these changes may impact users' borrowing experience and the overall platform's functionality. Thanks in advance for shedding some light on this matter.
What is Coinbase borrow?
Could you elaborate on the concept of "Coinbase Borrow"? Is it a new lending platform within Coinbase that allows users to borrow against their crypto holdings? How does it work? Does it offer competitive interest rates compared to other similar platforms? What kind of risks should users be aware of when considering to borrow through Coinbase? Additionally, are there any eligibility requirements or limitations to using this service? Understanding the intricacies of Coinbase Borrow would help potential users make informed decisions about whether it's the right lending solution for their needs.