Today I want to talk about a pre ICO sale for SALT Lending.
SALT Lending is a new Ethereum token that will allow users to obtain US Dollar cash loans in return for Bitcoin and Ethereum blockchain based assets. No credit check will be required and your crypto will serve as a collateral for the cash loan.
Guys, it's a new day, the value of the dollar is decreasing daily and the guys over at SALT Lending are willing to loan you cold hard cash in return for your crypto. The team at SALT is lead by Erik Voorhees the man behind Shapeshift who is also involved with Exodus wallet.
Im excited about the potential of SALT and after recording this video I participated in the pre ICO sale at $1.50 per SALT. Considering the next pricing change will be $3.00, I believe it was a good buy.
Will you be participating in the SALT Lending ICO? Leave a comment below.
Check out
Interested in the pre ICO sale?
https://membership.saltlending.com/?r=mEPgv
Join Genesis now! Start mining Bitcoin, Ethereum, and Dash
Use promo code zM3Ejh and get a 3% discount:
https://www.genesis-mining.com/a/836035
Join Coinbase. Buy $100 of Bitcoin, Ethereum, or Litecoin with US Dollars and we'll both get $10.
https://www.coinbase.com/join/564c995999b03f11f70001a9
*This is is not investment advice. Dealing with crypto involves a risk of loss. Please buy, trade, or invest, at your own risk.
Thanks for bringing this back to my attention. I heard about it a while ago, but forgot the name of the project. This will be a great way for whales to get US dollars without having to pay pesky capital gains taxes.
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kaBOOM! Thinking like a BOOMER @robert-call!
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Hey guys, I made a post about this ICO 11 days ago: https://steemit.com/crypto/@joaol/ico-watch-salt-lending
and another post 2 days ago: https://steemit.com/crypto/@joaol/ico-watch-salt-lending-private-sale-85-discount
want to know another great ICO check this one out: https://steemit.com/ico/@joaol/ico-watch-mybit-ico-with-huge-potential
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Thanks for the heads up @joaol Will check it out!
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Yup, I got me some. Aloha!
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ICO very interesting, will investigate this
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kaBOOM!
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This is a KABOOM KABOOM KABOOM.............Only Positive Attitudes Here !!!
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Looks like a BOOMER Stok. Just picked up some SALT!
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I see what you did Here Champagne Man added some SALT to his Dinner Table.....
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kaBOOM!
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Time to BOOM! When is the change to $3?
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Looks like the price will increase real soon when the sale is no longer private. This is the pre ICO phase.
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Signed up for news letter, doing lots of DD now. Might be a winner
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Can you profit off lending to others on this platform?
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No. I don't think users are issuing loans.
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Good Post keep it up.
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Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.youtube.com/watch?v=8v7kyq8K49QDownvoting a post can decrease pending rewards and make it less visible. Common reasons:
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Yes it looks like a great idea. Lend money with Crypro as collateral.
Here is a direct link to register.
https://membership.saltlending.com/?r=sH3nZ
If you use this referral link you will have early access to the SALT pre ICO.
Even if you don't end up buying you wan't to get on the list so you have that option. Good luck
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https://steemit.com/sec/@upstager/sec-regulating-icos-exemptions-and-how-it-affects-us Make sure you read up on the SEC regulations. You may as well get in bed with em now.
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whats the point of the tokens then, just to have access to make a loan?
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I don't get one thing. The tokens can't be exchanged and SALT claim you can't withdraw? So as an investor, what's the point?
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Isn't Salt Lending some type of margin lending but with 100% leverage this time?
If we consider Crypto assets as Stocks and the Money that borrowers receive as margin loan then what would happen if say the value of blockchain assets drops by 50%?
Wouldn't that create chaos in crypto-currencies and eventually cause it to crash?
Not sure if they're trying to help expand cryptos or hurt them! Can you pls explain?
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Not just that what if the stock market crashes and suddenly you have no cash access? They get to keep your cryptos. Banks etc know the market will crash and this way if people are not careful with the loans the banks will remain with cryptos and you with nothing, assuming you don't invest it back into cryptos. It is a great idea people just need to be careful. A loan is a serious endeavor no matter if it takes place in a bank or in cryptos.
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I am super excited about this new lending platform. This is just the beginning!
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Here's a step by step guide to setting up a wallet and buying SALT tokens: https://getcrypto.info/salt/
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hey, I just upvoted you!
I was just going through a lot of white papers and I found that CoinLoan is quite an interesting project when compared to Salt and EthLend. I’ve covered it in a lot of detail at http://cryptoupdates.net/guides/coinloan.3
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