Tap That BTC explains how borrowing against bitcoin works for people who hold it and need cash: how the loans are built, what can force a sale of your collateral, what they cost, how they are taxed, and how to tell a careful lender from a dangerous one.
We are not a lender, a broker or an adviser, we do not sell anything and we do not recommend any lender. Coinbase is described only from its own published terms. Everything else comes from what U.S. regulators publish: the SEC, the CFTC, the FTC, FinCEN and the IRS.
Lender terms change and crypto prices move fast. Nothing here is financial, tax or legal advice: only put at risk money you can afford to lose, and talk to a licensed professional about your own situation.