US borrowers can pledge Bitcoin as collateral for a home down payment without selling it, incurring margin calls, or facing liquidation—pledged BTC is held securely until the mortgage is repaid or refinanced. The offering comes via a partnership between Coinbase and Better, with Better originating and servicing conventional mortgages while Coinbase provides the platform. Coinbase One members approved by Better qualify for a rebate of 1% of the loan amount, up to $10,000, applied as a lender credit against closing costs and paid by Better. Tax treatment of crypto pledges varies; Coinbase offers no mortgage advice.

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