Got an e-mail update 19 January 2018 from SALT Lending about their progress and upcoming conferences.
The purpose of this post is to spread the word about this update.
I am currently a holder of SALT tokens.
Snapshot from www.SaltLending.com website
SALT Lending Update
Dear SALT Community,
Since the platform launch in late December, SALT has funded nearly $20M in loans in our first 3 weeks and the volume of loan requests is approaching $1B. The platform continues to grow at a careful pace to meet this incredible demand. We thank you for your continued patience as we rollout our loans to every member of our community!
Active members: 58K+ (approx.)
Funded loans: $18M+ (approx.)
Market Watch
Over last weeks volatility, loans on the Platform experienced a few margin calls with zero losses or defaults.
Past performance is no guarantee of future results.
SALT Blockchain Asset Management
We are pleased to announce a new affiliate, which will be an advisor to lenders on the SALT Lending platform. SALT Blockchain Asset Management is the pioneer of cryptocredit, a market category which combines features of fixed income with cryptography. Loans facilitated through the SALT Lending platform provide indirect exposure to cryptocurrencies via investments in dollar denominated credit products which are secured by blockchain based assets such as Bitcoin and Ether.
SALT Blockchain Asset Partners, LLC is an alternative investment advisor located in Denver, Colorado and is registered with the U.S. Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940.
(www.S-BAM.com)
Denver Day for Crypto
SALT will be co-hosting its first event, with BECON, March 10th at the Westin in Denver!
It is becoming more and more difficult to know who to trust in order to gain an understanding of cryptocurrency and blockchain technology. Day For Crypto strives to provide an approachable entry point into the world of blockchains and valuable additional resources for those fully immersed in the industry. Get your tickets early: https://events.bizzabo.com/dayforcrypto
The Blockchain Superconference in Dallas
SALT will be at The Bitcoin, Ethereum, and Blockchain Superconference February 16-18 in Dallas. If you plan on attending please come our booth or see our CEO, Shawn Owen, speak. Get your tickets here: https://www.bitcoinsuperconference.com/
Thank you,
The SALT Team
Links in the E-mail
These Guys Want to Lend You Money Against Your Bitcoin, Bloomberg, 13 December 2017
What can SALT be used for?, SALT, 13 December 2017
Do Your Own Due Diligence
Coinbase
I buy my Bitcoin, Bitcoin Cash, Ethereum, and Litecoin through Coinbase. For me, buying them through Coinbase is fast and convenient. Plus, you will get $10 in Bitcoin when you signup at Coinbase using this link and you buy $100 or more of crypto-currency.
The reason I like Coinbase is that they stand up to an over-reaching government: Coinbase Obtains Partial Victory Over IRS, 29 November 2017
Ledger Nano S
For safe keeping I store my cryptocurrencies and tokens on a Ledge Nano S, I bought mine on Amazon.com.
Links to Amazon Products in this Blog Are Provided for Your Shopping Convenience
I am a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for me to earn fees by linking to Amazon.com and affiliated sites.
DISCLAIMER :
This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.
It is strongly recommended that you consult with a licensed financial professional before using any information provided here. Any market data or news commentary used here is for illustrative and informational purposes only.
Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consult an investment professional before investing.
All ideas, trade signals, opinions and/or forecasts are for informational, educational and research purposes only and should not be construed as a recommendation to invest, trade, and/or speculate. Any investments made in light of these ideas, trade signals, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk. I am not an investment advisor, information shared here is for informational, educational and research purposes only and not a recommendation to buy or sell anything.
Thank You!
Thank you!
SALT's Secure Automated Lending Technology allows you to keep your bitcoin, ethereum & crypto and get your cash. Competitive interest rates & no credit check.
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It is indeed looking very great though I do not have any tokens of Salt but seems like I am excited to hear the improvement of Salt update !
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Wish I could make it out there but hope you have fun. Should learn a lot of great and valuable information!
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i think i got to invest more into the salt looks a promising platform
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well posted
salt is good
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Hard work by team salt
Thank you @etcmike
Have a great week!
Steem on,
Mehram
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salt team is really working hard thanks for sharing
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i am a holder of steem too it makes me happy
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March 10th can't wait for that day :D
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Nice post really interesting.
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great post like it.
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Coins mentioned in post:
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upvoted and resteemed
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great effort done by salt!
thank you so much @etcmike for updates!
have a great day!
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Do you SALT as an investment or an actual loaning platform? I am yet to come across someone who actually uses the loans, but they do say they have given out quite a few.
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Personally, I am holding as an investment.
As I understand it, they are rolling out the loan process. It will be a little bit of time before SALT Lending gets to loaning to an ordinary person like me.
Have a great weekend!
Steem on,
Mike
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Hi Mike,
Thanks for this info. I will look deeper into SALT. Requests of up to $1B in loans certainly sounds massive.
Have you seen my article on EBTC yet (link here)? They somehow are holding front-runner position in the current Kucoin vote for a new listing. The vote ends in about 30h, and there might still be some fluctuation with lower buy-in points for EBTC around 9k satoshi, if not I wouldn't risk it despite potential profits given the price x'd quite a bit already over the last days.
Cheers
Flo
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Well @capeflow, we will see if you are right... There are only 21 millions of eBTC, and to me, there is some magic in that number and in the name too. Also, the technology behind the token seems solid, and though I am not too savvy on the technology subject, I still think that eBTC price will go way higher pretty soon.
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