SALT Lending

SALT is a lending platform designed for blockchain-backed loans. It enables members to get money using their bitcoins as collateral, allowing them to have funds for spending without using their own bitcoins. Other features include fast application approval without credit checks, no prepayment fees, and the ability to get assets back anytime.

SALT is acronym for Secure Automated Lending Technology.

SALT was founded in the begining of 2016 by a group of Bitcoin enthusiasts who aimed to prove that people didn’t need to compromise their lifestyle or forego their needs in order to pursue a long term outlook on cryptocurrency. We introduced asset backed lending to the cryptocurrency marketplace, providing a new level of versatility to digital asset holders.

Fast-forward to today and you discover a company that builds not only crypto-backed lending technology but also scalable institutional-grade crypto custody and blockchain monitoring products. At SALT, it is our belief that the faster the world embraces digital asset technology, the more effective money can be for all of humanity.

The name SALT is inspired by the unique qualities its namesake shares with blockchain assets like bitcoin. These are qualities that enabled salt to serve ancient humans as civilization stretched around the globe.

Salt’s utility, combined with its divisibility, verifiability, and fungibility, made it a perfect asset to be used as method of trade and currency across history. Through our products and services, its legacy continues.

The SALT Platform has a loan health notification system consisting of email, phone, text and app alerts, available in both iOS and Android. Notwithstanding a general policy of giving borrowers notice of a margin deficiency. The system may liquidate or convert pledged assets without notice to borrowers to ensure that minimum maintenance requirements of the loan are satisfied.