SALT company info

What does SALT do?
SALT (CRYPTO:SALT) Lending is a crypto-backed lending platform that allows users to borrow USD or stablecoins using their cryptocurrency as collateral. SALT was founded in 2016 and is headquartered in Denver, Colorado. SALT's operations are centered around its crypto-backed lending platform. Users can create an account on SALT's website and deposit their cryptocurrency into a SALT wallet. Once the cryptocurrency is deposited, users can apply for a loan. SALT will then approve or deny the loan based on the value of the collateral and the user's loan-to-value (LTV) ratio. If the loan is approved, SALT will send the user the loan amount in USD or stablecoins. The user will then be responsible for making monthly repayments on the loan, plus interest. If the user fails to make a repayment, SALT may liquidate the collateral to cover the loan amount. In addition to its crypto-backed lending platform, SALT is also working on a number of other projects, including a blockchain-based lending platform, a cryptocurrency custody solution, and a mobile cryptocurrency wallet. SALT's objective is to provide users with a secure and convenient way to access their cryptocurrency assets. SALT believes that cryptocurrency is the future of money, and its mission is to make cryptocurrency more accessible and useful to everyone.
SALT company media