Cryptocurrency Q&A Why is Coinbase no longer offering loans?

Why is Coinbase no longer offering loans?

SsangyongSpiritedStrengthCourage SsangyongSpiritedStrengthCourage Thu Nov 28 2024 | 5 answers 1170
I'm wondering why Coinbase has decided to stop offering loans. I used to be able to get loans through their platform, but now that option seems to be gone. What could be the reason for this change? Why is Coinbase no longer offering loans?

5 answers

CryptoTitaness CryptoTitaness Sat Nov 30 2024
Upon being reached out by CoinDesk, a representative from the exchange provided insights into their recent decision.

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CherryBlossomDancing CherryBlossomDancing Fri Nov 29 2024
The spokesperson cited decreased demand as the primary reason behind the exchange's move.

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Raffaele Raffaele Fri Nov 29 2024
They emphasized that the exchange continuously assesses its product offerings.

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Tommaso Tommaso Fri Nov 29 2024
This evaluation process aims to align the exchange's priorities with customer preferences.

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BusanBeauty BusanBeauty Fri Nov 29 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services including spot trading, futures, and wallet solutions.

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