Today's SALT Price Summary
SALT's price today is $0.01 USD, with a 24-hour trading volume of $113 USD. SALT is up 9.58% in the last 24 hours. SALT is currently ranked #2982 with a market capitalization of $1,227,502 USD.
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Ranked # 2982
Price
$0.01 (10%)
All Time High
$17.22 (-100%)
Market Cap
$1,227,502
Volume (24h)
113
Circulating Supply
87,479,057 SALT
About SALT
SALT (Secured Automated Lending Technology) is a financial platform based on membership set to become the first lending platform to issue loans guaranteed by Bitcoin and other cryptocurrencies. It is an ERC-20 token and shall be tethered to Ethereum smart contracts making it possible for borrowers to access capital on demand made availed from a wide network or an ecosystem of lenders. For vetting, they carry their own KYC and AML checks.
Using SALT, users can peg the value of certain digital assets and in the process be able to access cash with advantages such as offsetting tax events, being able to avoid exchange fees and maintaining their long position in the asset they hold. The obtaining of loans is contingent upon acquiring SALT tokens. The more the tokens used, the larger the loans a user can obtain.
Liquidity can be obtained from cryptocurrency holdings without the need to sell them in similar fashion to other traditional asset classes like bonds and stocks. The loans are based on collateral and credit history of a particular user is irrelevant.
Founder: Shawn Owen
Release Date: March 2017
What type of cryptocurrency is SALT?
The SALT token on the SALT network is classified as a type of Currency.
What is SALT All-Time High price (ATH)?
On December 28th, 2017 12:00:00 AM, SALT hit a historic high of $17.22 USD. It has been about 6 years ago since SALT reached its peak.
What is SALT All-Time Low price (ATL)?
On October 18th, 2024 12:54:45 PM, SALT reached a bottoming price of $0.0108257200 USD. About 4 days ago has passed SALT has seen such a low price.
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