Salt Lending (SALT) is an ERC-20 compliant token developed on the Ethereum blockchain. Salt Lending is a platform for lenders and borrowers. The platform currently offers four cryptocurrencies (Bitcoin, Ethereum, Litecoin, and DogeCoin) as collateral in exchange of a cash loan.
What does SALT mean? Why is it the name of the company? What is SALT? Uphold & SALT Lending Partnership How long does it take to get approved for a loan?
What is SALT Lending? SALT Lending is a lending system that allows users to leverage their blockchain assets to secure cash loans. In other words, you use a cryptocurrency like Ethereum (ETH) as collateral, […] SALT Lending was founded in 2016 and completed an ICO in 2017. During the ICO, the company was able to raise nearly $50 million, but this process eventually led to an investigation from the SEC in the United States.
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Find more subreddits like r/SALTLending -- This is the official subreddit for SALT, a lending platform that provides members with Blockchain-Backed Loans. Members use their BTC, ETH, and other blockchain assets as collateral for cash loans.
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Why is it the name of the company? What is SALT? Uphold & SALT Lending Partnership How long does it take to get approved for a loan? What states and countries are your product available in? How does SALT custody secure collateralized funds? What types of loan collateral are approved? Read writing about Salt in SALT Lending Official Blog.
How is a SALT loan different from a margin account on an exchange? What bank holidays does SALT observe?
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The post was made on Reddit’s ‘Monthly Skeptics Thread’, a thread in which crypto-enthusiast speak about issues within the industry. Salt Lending LLC: Salt Master Fund II, LLC – NMLS 1711910 NMLS Consumer Access Disclaimer. This website contains depictions that are a summary of the process for obtaining a loan and provided for illustrative purposes only. For example a one year $10,000 loan with a rate of 6.00% APR would have 12 scheduled monthly payments of $861.
For example a one year $10,000 loan with a rate of 6.00% APR would have 12 scheduled monthly payments of $861. Salt Lending LLC: Salt Master Fund II, LLC – NMLS 1711910 NMLS Consumer Access Disclaimer. This website contains depictions that are a summary of the process for obtaining a loan and provided for illustrative purposes only.
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SALT Lending Conclusion. SALT is completely unsecured lending. In a sense they don’t care what you’re going to do with the money. So if you want to take that money and spend it on a vacation that’s your business. Or maybe you should actually fix your broken down car? SALT Lending doesn’t care what you do with the money.
I distinctly remember SALT shills saying the midst of Dec that you could sell back the tokens to the creators for $27 thus … Dec 13, 2017 I want to remind you that SALT Lending has frequently said they will of $10,000 loan on between a credit card and from a lender on SALT 774k members in the ethereum community. Next-generation platform for decentralised applications.
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SALT lending is a platform that provides Blockchain-Backed Loans. SALT (Secured Automated Lending Platform) enables you to put up your crypto as collateral in exchange for a cash loan. This strategy is ideal if you need to pay-off an unexpected expense or want to make a big purchase without having to sell-off your blockchain assets.
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