The SALT platform is a currency borrowing system built to facilitate loans. The company users borrow from holds their crytocoins as collateral. Because of its utilization of the blockchain network, SALT offers users same-day verification and loan customization without the need for a credit check or credit history. Essentially, users can leverage their blockchain assets to get cash loans, making it easy for users to get their funds without selling their favorite investments. The interest rates are similar to other lenders, and there are no pre-payment fees. Users can maintain their position without falling into less-than-optimal tax events.
|Genesis Date||August 01, 2017 (7 months)|
Source: AltCoin Today - 1 month ago
Erik Voorhees, Salt Lending Being Investigated by SEC, Report Says Crypto loans startup Salt Lending and former board member Erik Voorhees are said to be under investigation by the U.S. securities regulator, according to The Wall Street Journal. In an article published Thursday, the news source cited “people familiar with the probe” as saying that Salt was…
Source: AltCoin Today - 4 months ago
Crypto-Backed Loan Provider SALT Expands to 35 US States Cryptocurrency-backed loan provider SALT Lending announced it has expanded into 20 new U.S. states on Wednesday. The firm, which allows users to borrow cash against their cryptocurrency holdings, is now available in 35 states, including Washington D.C. Also revealed today is a new tech platform for…
Source: AltCoin Today - 8 months ago
IBM Reveals Blockchain Computer ‘Smaller Than Grain Of Salt’ To Track Objects, Devices IBM announced today, March 19 that the world’s smallest computer – its dimensions less than a grain of salt – will use Blockchain technology and soon be “embedded into everyday devices”. In a summary of its annual 5 in 5 report, in…