Secure automated loan technology [SALT] it is a platform that offers blockchain-based loans. Recently, the platform announced that it will accept LTC as a loan guarantee. The platform's move is his first adventure in the crypto-sphere. In addition to the announcement, the platform also indicated that it will present a new set of features, including the removal of the maximum limit for loan amounts and the updating of lending solutions for emerging markets.
SALE announces #Litecoin as a guarantee, it offers loans in USD with low interest rates of 5.99% for loans of less than $ 75,000, and lows of up to 11.99% for loans up to $ 25 million. Now no maximum limit on the loan amount. The terms of the loan vary according to the jurisdiction. https://t.co/MgvPHizZrN
– SALT (@SaltLending) October 4, 2018
Moreover, those seeking a loan through the system can make or if the loans are supported by Bitcoin and Ethereum., And now Litecoin.
SALT has established itself as a niche market and a leading liquidity provider for cryptocurrency investors. In addition to providing loans for individual customers, it also does for large entities. The ability of the company to accept a wide range of customers allows it to be a solution for many. The most popular features of the platform include real-time portfolio valuation, flexible lending terms, 24/7 support, and exclusive custody solution. Furthermore, the platform is now being advertised as one of the main blockchain loan platforms.
The platform offers USD loans at a 5.99% interest rate for loans up to $ 75,000. Loans of up to $ 25 million have an interest rate of 11.99%. The company also has a token that was traded for the first time in July 2017. The user base is also 70,000 worldwide.