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SALT Lending Update: SALT Platform and Loan Application Launch by etcmike

View this thread on: hive.blogpeakd.comecency.com
· @etcmike ·
$62.53
SALT Lending Update: SALT Platform and Loan Application Launch
Got an e-mail update 29 December 2017 from SALT Lending about their product launch and SALT loan applications.

<center>
*The purpose of this post is to spread the word about this update.*
*I am currently a holder of SALT tokens.*
</center>

<center>
https://gallery.mailchimp.com/b006932fc66f502794a80de38/images/acc07193-9ed2-48ec-895f-773c0c88b84a.jpg
*Snapshot from* [www.SaltLending.com](https://www.saltlending.com/) *website*
</center>

# 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

https://www.SaltLending.com/

[These Guys Want to Lend You Money Against Your Bitcoin](https://www.bloomberg.com/news/articles/2017-12-14/bitcoin-s-new-barons-no-longer-have-to-sell-to-live-in-luxury), Bloomberg, 13 December 2017

[What can SALT be used for?](https://blog.saltlending.com/what-can-salt-be-used-for-a9fa270ea1f1), SALT, 13 December 2017


# Do Your Own Due Diligence


<center> **Do Your Own Due Diligence Before Investing** </center>


# Coinbase

I buy my Bitcoin, Bitcoin Cash, Ethereum, and Litecoin through [Coinbase](https://www.coinbase.com/join/576692abac0fae434c000c9b). 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](https://www.coinbase.com/join/576692abac0fae434c000c9b) 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](https://blog.coinbase.com/coinbase-obtains-partial-victory-over-irs-dac041db59a3), 29 November 2017



# [Ledger Nano S](http://amzn.to/2Bzr5SK)

For safe keeping I store my cryptocurrencies and tokens on a [Ledge Nano S](http://amzn.to/2Bzr5SK), I bought mine on [Amazon.com](http://amzn.to/2Bzr5SK).


### Links to [Amazon Products](http://amzn.to/2Byz7ve) in this Blog Are Provided for Your Shopping Convenience

I am a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for me to earn fees by linking to [Amazon.com](http://amzn.to/2Byz7ve) and affiliated sites.

# DISCLAIMER :
This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.
It is strongly recommended that you consult with a licensed financial professional before using any information provided here. Any market data or news commentary used here is for illustrative and informational purposes only.
Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consult an investment professional before investing.
All ideas, trade signals, opinions and/or forecasts are for informational, educational and research purposes only and should not be construed as a recommendation to invest, trade, and/or speculate. Any investments made in light of these ideas, trade signals, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk. I am not an investment advisor, information shared here is for informational, educational and research purposes only and not a recommendation to buy or sell anything.




# Thank You!


<center>*If you like this post, you can upvote, follow, and re-steem this post.
Thank you!*</center>
👍  , , , , , , , , , , , , , , , , , , , , , , , ,
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@ahmermalik ·
$0.17
nicely done
👍  ,
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@ahmermalikajjguu ·
$0.17
like it nice
👍  ,
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@ahmermalikuuuu ·
$0.18
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@ahmermalikuuuuu ·
$0.18
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@ahmermalikuuuuu ·
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@blazing ·
$0.78
Wonderful cool update thanks for sharing about salt lending
👍  
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@cityslicker ·
$0.79
salt lending platform has been going great
👍  
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@cutiepie ·
$0.83
i too think its time to buy a crypto wallet like nano ledger s thanks for the update and post
👍  
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@doctorrevelator ·
$0.74
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.
👍  
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@etcmike ·
$2.76
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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@fahad290 ·
$0.18
Good job.
👍  ,
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@fractalfreedom ·
$0.79
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.
👍  ,
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@etcmike ·
$7.66
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
👍  , ,
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@krishankumar ·
$2.13
Thank you for coin knowlege you are good post
👍  ,
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@mian290 ·
$0.41
good job like it.
👍  
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@mianfahad2 ·
$0.25
great work.
👍  ,
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@mianfahad2 ·
$0.25
keep it up!
👍  ,
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@rocksg ·
$2.63
Thanx for providing the regular updates about SALT here.
👍  ,
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vote details (2)
@shahzaibmeeran ·
$0.83
good++++
👍  ,
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vote details (2)
@starboye · (edited)
$0.79
wish they have all the success
👍  
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vote details (1)
@steemiters ·
$0.26
sir i need your support please resteem my post
https://steemit.com/steemit/@steemiters/sbd-may-be-increased
👍  , ,
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vote details (3)
@steemiters ·
$0.26
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vote details (3)
@talhabrar ·
$0.82
great
👍  
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vote details (1)
@via-veritas-vita ·
$0.83
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...
👍  
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