SALT Crypto Loans
SALT Blockchain, Inc.SALT Crypto Loans is a mobile finance app for using cryptocurrency as collateral to obtain a cash loan without selling the pledged assets. The source describes support for several major cryptocurrencies and stablecoins, with repayment periods ranging from 6 to 36 months.
App information
- Developer
- SALT Blockchain, Inc.
- Category
- Finance
- Package name
- com.saltlending.mobile
- Version
- 2.13.23
- File size
- 54.4 MB
- Requires
- Android Language:
Screenshots
About this app
SALT Crypto Loans is a mobile finance application for obtaining a cash loan by using cryptocurrency as collateral rather than selling it. The described service is intended for people who want to retain ownership of eligible digital assets while accessing cash, with loan terms that include repayment periods from 6 to 36 months.
What can be used as collateral?
The source lists Bitcoin, Ether, Litecoin, and Bitcoin Cash among the accepted cryptocurrencies. It also names several stablecoins, including USD Coin, TrueUSD, and Paxos. The description refers to a growing range of accepted collateral, so the available options may extend beyond these examples, but no further assets are specified.
Can the assets remain in your ownership?
The app's described collateral model allows users to pledge crypto for a cash loan while retaining ownership of those assets. This provides a way to access funds without liquidating the cryptocurrencies held by the borrower. The source does not specify how collateral is valued, managed, or released, so those terms are not detailed here.
What repayment period is described?
SALT Crypto Loans states a minimum repayment period of 6 months and a maximum repayment period of 36 months. This gives the service a stated range of repayment durations, although the source does not provide interest rates, loan limits, eligibility rules, or other financial terms.
What is included in the mobile experience?
The description presents SALT Crypto Loans as a mobile loan application with an updated user interface. It identifies the interface as part of the app experience but does not document specific account controls, application steps, notifications, or repayment-management tools.
Version history
View all09 Aug 2024 · stable
Frequently asked questions
Which company is listed as the developer?
The listed developer is SALT Blockchain, Inc.
What type of app is SALT Crypto Loans?
It is listed in the Finance category.
