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On today’s episode of Your Simplified Coin Review, we take a look at SALT. SALT is a blockchain based cryptocurrency lending platform. With SALT, you can lend your cryptocurrency to SALT in return for a cash loan. This keeps you from having to totally sell your cryptocurrency holdings or from creating a tax event that would have to pay taxes on. The SALT token is used to pay fees for your loan. Also, with SALT, there is never a credit check. You do have to ID verify through the platform before you can become a member. You can also become a SALT lender.
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Links
SALT on CMC: https://coinmarketcap.com/currencies/salt/
Website: https://www.saltlending.com/
What is SALT Lending?: https://coincentral.com/salt-lending-beginner-guide/
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Have you guys ever used a crypto lending platform? Very interested to see what your experience was!
Hi guys you should try this site, they pay 3% week days and 1.5% on weekends with compounding and no tie in. https://www.bitaeon.io/r/monkeyboytom
Great, but does salt allow me to lend MY cryptos to lenders?
salt is a scam
SALT is a scammy lending platform just like Bitconnect. except bitconnect at least paid out for a while. Salt doesnt make loans to people, dont believe their hype.
Sounds a good idea for US citizens.
Never used lending. I dipped in and out of SALT in Feb (too quickly) I think because I didn’t understand it’s long-term. Thanks for the insight.
Will look at it
WINNER winner chicken dinner.
Keep sharing promising crypto platforms. But dont turn into MCafee and be a sellout.
it looks like the peak in the price of real crypto projects comes before the release of the platform not after after comes a dump
Salt is the best but look at the price this is actually one of the first working crypto projects and nobody cares that's the thing same as with the populous
Sounds very promising platform!
Salt has a lot of potential in my opinion!
Salt to the Moon!
Very good review
I hate lending platforms!
Great review !
I'll give it a rdy
I like SALT in the medium term. Their user base may shrink as cryptocurrency becomes more widely adopted and more stable in price. Sort of a bridge business between the new economy and old.
Legit project do Veritasieum
Interesting, sounds like a good platform for the unbanked. Would certainly like to hear more users experience with it and how practical it was for them.
I hope some of these innovative coins survive the coming massacre
I have not used a crypto lending platform yet. I have thought about the benefits of taking a fiat loan out of my crypto, but the extreme volatility always stops me in my tracks……lol