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On today's episode of Your Simplified Coin Review, we take a look at SALT. SALT is a blockchain based cryptocurrency lending platform. With SALT, you can lend your cryptocurrency to SALT in return for a cash loan. This keeps you from having to totally sell your cryptocurrency holdings or from creating a tax event that would have to pay taxes on. The SALT token is used to pay fees for your loan. Also, with SALT, there is never a credit check. You do have to ID verify through the platform before you can become a member. You can also become a SALT lender.
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Links
SALT on CMC: https://coinmarketcap.com/currencies/salt/
Website: https://www.saltlending.com/
What is SALT Lending?: https://coincentral.com/salt-lending-beginner-guide/
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Created by Ben Armstrong & Justin Williams.
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