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SALT Review

31

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Followers 5

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Average

Revainrating 3.5 out of 5  
Rating 
3.7
Crypto Projects, ERC20

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Description of SALT

SALT (SALT) is a cryptocurrency and operates on the Ethereum platform. SALT has a current supply of 120,000,000 with 80,283,615.21092688 in circulation. The last known price of SALT is 0.03930286 USD and is down -2.92 over the last 24 hours. It is currently trading on 8 active market(s) with $20,269.57 traded over the last 24 hours. More information can be found at https://www.saltlending.com/.

Reviews

Global ratings 31
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Type of review

Revainrating 4 out of 5

About Salt

SALT is among the cryptocurrencies. It can be used for different operations. However, the main task of this system emerges as a lending system. In doing so, it acts through the structure called block chain. People who want to find a cash loan can easily achieve this with the current coin. In general, SALT provides services to individuals who have this request rather than corporate companies requesting credit. Therefore, the coin has a different system. Funds that are in the growth phase are…

Pros
  • will be very popular especially for lending in the near future
  • In general, it serves people who have this demand instead of corporate companies that request credit.
Cons
  • the project was not fully developed

Revainrating 5 out of 5

SALT Review and its Price and Chart

Currency or SALT network is in fact a wonderful system with unique facilities in the field of loans and borrowings. I was surprised when I studied the lending process. As I understand it, this network and platform uses people 's assets as collateral completely automatically. This is great because it has always been a guarantor for getting a loan from someone and other hard cases that this platform has improved a lot. To get a loan, people first check the value of their money and then give them…

Pros
  • The world of blockchain, if it wants to replace the banking network, needs a lending system, which is provided by the SALT platform with good facilities.
Cons
  • i didn't find

Revainrating 5 out of 5

My thoughts and review about SALT project.

With the current idea of collateralized lending and borrowing, you have SAL. SALT is the first virtual currency that allow individuals seeking financing to interact with lenders without having to sell the asset. This makes it easier for investors to safeguard their funds, while still providing a competitive interest rate. In contrast to other cryptocurrencies, where tokens represent real commodities and are exchanged for their worth, tokens in The DAO are symbols of utility and do not have…

Pros
  • Borrowing rates are cheaper.
  • Lower than average interest and fees with no monthly payment.
  • Residual collateral in the form of cryptocurrency backed by blockchain.
  • No explanation of the rationale for the loan or of its division was provided.
Cons
  • None.

A review on this platform;Not at all like a conventional advance that assumes your praise score into account, a SALT advance is a resource moved advance in which your cryptoassets go about as guarantee for your credit extension. When you repay your credit, we'll return your resources for you. SALT was established in 2016 in Denver, Colorado by a gathering of Bitcoin lovers and money experts, who planned to bring to the market an item that empowered its clients the capacity to use their digita

Pros
  • You can easily access loans.
  • It is a secured and also well reliable project.
  • It provides the best fund raising digital money.
Cons
  • There's none for this review.

Revainrating 3 out of 5

SALT: new guarantee model to obtain financing

Currently, the modalities to obtain financing have diversified, thanks to the emergence of non-custodial finance platforms offered by blockchain technology. This is because people and companies can not only turn to traditional financial institutions to apply for loans by placing their physical assets as collateral, be they vehicles, real estate or other properties, but digital finance allows them to use their funds in digital currencies such as endorsement for the receipt of immediate financing

Pros
  • Guarantee to obtain financing through cryptographic protocols
  • It allows to obtain liquidity quickly
  • Reliable financial intermediation platform
  • Provides financial resources to invest in other digital products
Cons
  • No disadvantages

Revainrating 2 out of 5

There are better reasons to get used to SALT

SALT, which was made in 2016 and can make it doable for customers to use their assets or crypto resources as assurance. Even more unequivocally, Salt is a prepaid affiliation, where you can use your modernized monetary designs as an approach to manage pre-finance. Your SALT note can be used as a significant note inside the scene and can be used to buy association, I was astounded when I thought about the impact of crediting. Taking everything into account, this affiliation and the means…

Pros
  • There is a team of experts in blockchain technology and business.
Cons
  • There is no downside to this project

The project, called SALT, is undergoing Ethereum development, which will allow it to reach an agreement, given a mandatory demonstration of its development. Through these contracts, the attention created by suppliers and borrowers forms their own contracts. Automated banks specializing in production can withdraw and withdraw cash from public enterprises. People who need to get cash can’t stand up to the current coin. Given the customer’s assessment and test, I received a reputable rating and…

Pros
  • Undoubtedly, the company serves award-winning people, not credit professionals.
Cons
  • the enterprise did not develop in any direction of the imagination.

Revainrating 3 out of 5

SALT Framework for Comprehensive Compensation

SALT is a crypto loaning stage, for an intrigued client to be qualified for any advance it's needed to have crypto resource as insurance which can be utilized to get as fruitful bury exchange among the two gatherings.  Base on clients audits and exploration I discovered the stage to have a decent client rating and notoriety albeit no instance of stuck venture and postpone withdrawal. SALT have been dynamic for quite a while and have been conveying the best support of it clients.  Some

Pros
  • Qualified clients can apply for advance
  • Extensive compensation installment framework
Cons
  • Low symbolic cost

Revainrating 3 out of 5

Digital currency upheld financing

SALT is an association situated in Denver, United States. Its advanced cash is of a similar name and was first presented to the market in September 2017, with a greatest issue breaking point of 120 million SALTs. The mission of this organization is to concede financing to its clients upheld by the cryptographic money reserves accessible in their record. What is SALT innovation? SALT depends on Ethereum innovation, permitting the formation of brilliant agreements because of the blockchain…

Pros
  • It permits cryptographic money holders to have ensured financing for their computerized resources; without extra necessities.
  • Permits borrowers to utilize the local SALT money to reimburse the premium on the financing got.
Cons
  • Nothing.

SALT is an advanced digital bank where investors from different denominations can walk into and obtain money either to finance their own business or obtain shares from multi National Business Association.Admist the covid '19 lockdown which crashed lots of business and renderd many companies bankrupt,SALT was still functioning at maximum capacity without shortage or fall in supply to certain regions of the globe. Helping other investors and companies get back from their kneels due to the re

Pros
  • It has secured collateral establishment.
  • It is well and highly protected.
  • It is easier to obtain loan from most part of the globe.
  • It offers service to the public.
Cons
  • Nothing obtainable yet.

Revainrating 4 out of 5

SALT

SALT is a crypto lending platform, for an interested user to be eligible for any loan it's required to have crypto asset as collateral which can be used to secure as successful inter transaction among the two parties. Base on users reviews and research I found the platform to have a good user rating and reputation although no case of stuck investment and delay withdrawal. SALT have been active for several years and have been delivering the best service to it users. Some drawback about SALT is

Pros
  • Eligible users can apply for loan
  • Considerable payback payment system
  • Has good users reviews and backed by well recognize partners
Cons
  • Low token price

Revainrating 4 out of 5

SALT: Cryptocurrency-backed financing

SALT is an organization based in Denver, United States. Its digital currency is of the same name and was first exposed to the market in September 2017, with a maximum issue limit of 120 million SALTs. The mission of this company is to grant financing to its users backed by the cryptocurrency funds available in their account. What is SALT technology? SALT is based on Ethereum technology, allowing the creation of smart contracts thanks to the blockchain protocol of its structure. Through…

Pros
  • It allows cryptocurrency holders to have guaranteed financing for their digital assets; without additional requirements.
  • Allows borrowers to use the native SALT currency to repay the interest on the financing received.
  • It has a team of experts in blockchain technology and in the field of business businesses.
Cons
  • SALT cannot be mined and its maximum emission quantity is 120 million SALTs.

Revainrating 3 out of 5

SALT

SALT is a company that was founded in 2016 and has the idea of ​​providing loans to its users who can use their funds or crypto assets as collateral. In more direct terms, Salt is a loan company where you can use your digital currencies as a way to finance the loan. Your SALT token can be used as a utility token within the platform, and can be used to purchase services. The loan provided can be received after signing the contract either in fiat currency or in stablecoin, the faster it is…

Pros
  • loans with cryptocurrencies as collateral
  • your token can be traded on exchanges although its value is small
Cons
  • high minimum loan limit.

Revainrating 3 out of 5

Quick and exchange-fee free liquidation.

The network provides users with the opportunity to evaluate on a security basis, not on a credit score alone. This deviation from the traditional consumer code allows for lower cost borrowing with value addition to real time blockchain assets than user history. As a result it helps enterprises use the funds without forecasts of an asset and avoids paying the same.

Pros
  • Competitive rate with no prepayment penalty.
  • Blockchain cryptocurrency as parallel for security.
  • There is no specification for the cause of the loan or bifurcation.
  • Lower borrowing costs.
Cons
  • From the past few months and the continuing downward graph is not a good avenue.

Revainrating 4 out of 5

A platform for lending and borrowing.

As an innovative innovator in the world of cryptocurrency, the popularity of financial transactions as a search method is on the rise. The additional benefits of low interest rates and reduced costs of taking out loans make more attractive to borrowers who do not want to minimize their long-term investment in cryptocurrency, but require immediate funding. The project, although it shows great potential by recognizing blockchain assets compared to conventional financial firms, faces the threat

Pros
  • This is the latest concept involving lending and borrowing with cryptocurrencies such as parallel security. Compared to other virtual currencies like this, it is the first to connect with people looking for money without selling assets.
  • It secures user investments, allowing competitive interest rates. This is unlike other cryptocurrencies where tokens act as the actual product and trade for their price.
  • The platform provides investors with an opportunity to invest while protecting their income from volatile crypto markets, and then, with security, results in becoming a security lender.
  • It is an innovation to fund a volatile market without investing directly in blockchain technology.
Cons
  • From a short-term investment standpoint, the low share price does not make it a very profitable investment, which could be primarily due to the downward devious and pressure on the stock price.

Revainrating 4 out of 5

SALT Loan Platform

SALT, acronym for Secure Automated Lending Technology, is one of the largest well-known Bitcoin / cryptocurrency lending platforms. On this platform, you can receive so-called LTV based cryptocurrency loans, where your loans are secured by the cryptocurrency you deposit. It is therefore an automated lending platform that allows its holders to obtain cash loans against a guarantee of their cryptocurrencies. Although there are companies that now offer digital currency borrowing and lending…

Pros
  • The entire loan is insured at all times
  • Define pre-established loan terms and settlement options
  • No minimum monthly payment, no late fees incurred, nothing like
  • SALT provides customer service support for individual accounts
Cons
  • Fairly limited amount of assets that can be deposited as collateral in comparison to competing firms
  • There has been a large amount of uncertainty about the exact parameters for the loans issued

Revainrating 3 out of 5

Loan possibilities.

It is a platform of loans, where these are backed with cryptocurrencies and settled in fiat money. Your token is used within the platform to have more and better access to SALT ecosystem services, differentiating itself from other loan platforms because of its business model since it acts as an intermediary between the parties requesting the loan and the lenders. It protects against possible price drops in the market, making it necessary to increase the guarantee deposit. Procedure with…

Pros
  • The loans and management are automated.
  • If you are a borrower you can add characteristics to the conditions of your loan.
  • Assets with cold shelters.
Cons
  • High amount, from 5000 dollars, comparado con los medios de este tipo de productos.
  • There are many criticisms related to this platform.
  • Active removed from binance.
  • It is limited to some countries.
  • Token lacks utility even within the same SALT loan platform.

Salt is a great lending platform on the blockchain. It helps users put their crypto assets as collateral rather than put their physical assets. Salt does not require credit checks to give loans to users as users require crypto assets to request for loans.

Pros
  • Salt is a financial platform, mainly a financial institution for lenders and borrowers. It has opened a very easy way for users to get loan faster, easier without physical and high collateral rather, users uses crypto assets such as BTC, ETH, DOGE, LTC as collateral. Salt has been in existence since 2017, giving loans with little interest.
Cons
  • Salt loans start from 5,000 USD, thereby not giving people who do not want loans as high as that cannot get loans. Four parties are to hold private keys for this wallet: the borrower, the lender, a third party custodian, and the SALT Oracle during loan period. It takes 3 parties to withdraw and there might be a problem when withdrawal is about being made. Due to the volatility of crypto assets, the collateral might be greater or lower compared to the loan.

Revainrating 5 out of 5

Wish for more

Wish for more

Pros
  • This is the best
Cons
  • I like it

Pengalaman saya saat mengajukan aplikasi seperti KYC sangat sulit untuk di setujui, menurut saya investasi anda tidak akan tumbuh secara konsisten ke depannya

Pros
  • Untuk aplikasi crypto lending saya akui memang cukup baik dan mudah dimengerti untuk orang awam dalam melakukan investasi.
Cons
  • Seperti kebanyakan proyek Lending pada umumnya tidak akan ada perkembangan yang cukup signifikan dalam jangka panjang.