Got an e-mail update 29 December 2017 from SALT Lending about their product launch and SALT loan applications.
The purpose of this post is to spread the word about this update.
I am currently a holder of SALT tokens.
Snapshot from www.SaltLending.com website
SALT Lending Update
Dear SALT Community,
As the year winds down SALT is ramping up! The final week of 2017 has been our most productive week-to-date. Below are the highlights.
SALT Platform and Loan Application Launch
This week SALT went live with our lending platform. You will find the loan application in your dashboard. As loans are issued[1] the platform will grow and evolve. Security will always be our first priority in this process so we appreciate your patience. We have already received a high volume of loan requests and are excited to serve our community. SALT Members grew by nearly 20% this week and the number of funded loans continues to grow.
Active members: 43,543
Funded loans: $3,000,000 (approx.)
SALT Shop Orders
Orders from our online shop have begun shipping. Thank you for your patience as the Shop begins to hit its stride.
Happy New Year!
All of us at SALT would like to wish you and your loved ones a Happy New Year.
The SALT Team
[1] Some restrictions apply. Subject to KYC, AML, and suitability screening.
Links in the E-mail
These Guys Want to Lend You Money Against Your Bitcoin, Bloomberg, 13 December 2017
What can SALT be used for?, SALT, 13 December 2017
Do Your Own Due Diligence
Coinbase
I buy my Bitcoin, Bitcoin Cash, Ethereum, and Litecoin through Coinbase. For me, buying them through Coinbase is fast and convenient. Plus, you will get $10 in Bitcoin when you signup at Coinbase using this link and you buy $100 or more of crypto-currency.
The reason I like Coinbase is that they stand up to an over-reaching government: Coinbase Obtains Partial Victory Over IRS, 29 November 2017
Ledger Nano S
For safe keeping I store my cryptocurrencies and tokens on a Ledge Nano S, I bought mine on Amazon.com.
Links to Amazon Products in this Blog Are Provided for Your Shopping Convenience
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Thank You!
Thank you!
Thanx for providing the regular updates about SALT here.
Thank you for coin knowlege you are good post
i too think its time to buy a crypto wallet like nano ledger s thanks for the update and post
good++++
Thanks for the info. I think coin-heavy people would do well to borrow fiat against a portion of their coins as a HEDGE. If the coins keep blasting off pay the loan back and get those coins back. If the coins tank let SALT keep them. As I understand it the loans are purely collateral-based, you don't have to worry about "defaults", "credit scores" etc...
great
Very bullish on Salt lending! No bothering with banks after this gets out to the general public. The lending has started with the first and biggest investors now, then mid level, and lastly the minnows! Can't wait to try it and use my tokens. I just doubled my position.
I too think SALT will do very well in 2018. It will be a good year for SALT Lending as their roll out continues and their tokens are in demand.
Have a great day and happy New Year!
Steem on,
Mike
salt lending platform has been going great
wish they have all the success
Wonderful cool update thanks for sharing about salt lending
I like SALT. I bought some when I heard that borrowers can pay back their loan in SALT. Buying at $12 when it's retail value is 2x that is Free money in my book.
Yes indeed, SALT is essentially offering loans at a deep discount when you use the SALT tokens to repay the loan. I think this is a great marketing strategy and good for SALT investors. The free market through arbitrage will bring the SALT token prices on the exchanges up closer to the retail price.
I do not expect the deep discount to last long into 2018.
Have a great day and a happy, prosperous New Year!
Steem on,
Mike
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