🌌Crypto Corner - E9 🌌- What is SALT?

crypto corner E9 salt.png

Greetings, Crypto Nation!

Welcome to another episode of Carrie's Crypto Corner.

Today I cover...

SALT

TL;DW (Too Long; Didn't Watch)

  • Salt is the first lending platform to facilitate loans collateralized by bitcoin and other cryptocurrencies.
  • Salt loan process
    • Loan Creation: Sign up for SALT Lending, transfer assets to their SALT Oracle Wallet.
    • Once funds are approved, fiat is deposited into borrower’s bank account.
    • Loan Repayment: Depending on level, contracts can be 1 hour - 3 years.
    • Loan Completion: Once the loan is repaid the collateral assets are released back to the borrower.
  • SALT does conduct Anti-money Laundering (AML) and Know Your Customer (KYC) verification checks.
  • All lenders must be accredited investors and follow guidelines established by the U.S. Securities and Exchange Commission.
  • Currently, only available in the USA. Hopefully, coming soon: Ireland and Canada.

Links on today's show:


Did you enjoy my face? Want more? Check out these past Crypto Corner episodes AND Coffee Talk with Carrie episodes.

Latest Episodes


Have a question about cryptocurrency?

Maybe I can help. 😀
Let me know in the comment section below what you're interested in or confused about.



New here? Wanna know a Steemit Secret? Check out The Secret to Earning Followers by @chrisroberts. He just may be on to something... 😎


Need help formatting your posts? Check out this great (if I do say so myself) tutorial:

Are you stealing Google images?! Learn how to do it LEGALLY:


If you find yourself needing help or just have a question or two, find me on Discord.😀


All images were created/taken by me, or from Bitmoji.com. Make your own today!


As always, thanks for stopping by!

Hugs & Kisses 💋carrie signature.gif

carrieallen signature 3.png

thealliance_thealliance_syndicates_pagebreak.png

steemusa carrie long.png

H2
H3
H4
3 columns
2 columns
1 column
2 Comments