Introducing SALT Connected Accounts - UPDATED (August 25, 2021)
UPDATE: Due to the fact that Zabo has joined Coinbase, they are shutting down the API for connected accounts, meaning we will no longer be able to offer this feature.
Want to see all of your crypto assets in one place?
Now you can with SALT Connected Accounts.
This new feature allows you to add your external accounts and wallet addresses to track all of your crypto assets right from the SALT app.
With a holistic view of your assets, you can manage your loan more intelligently than ever.
Get Started with SALT Connected Accounts
Disclaimer: Link your cryptocurrency account via read-only API access or blockchain address tracking. Account data is for informational purposes only and will not constitute loan collateral.
SALT partners with Percent, gives investors exposure to private credit assets linked to cryptocurrency
We fielded demand from users to invest in SALT loans for years and are now excited to partner with Percent (formerly Cadence), a leading and innovative financial technology platform providing access and efficiency for investors and originators in the private credit industry.
We are proud to say that we have already successfully funded seven deals with Percent with an average deal size of $1.8MM. For more info, see our deals page.
Update regarding our supported collateral types
Effective May 25, 2021, we will no longer accept Dash and Doge as collateral for new crypto-backed loans, nor will we support future deposits of these collateral types, but for those who already have Doge and Dash on our platform, we will continue to support and monitor your collateral. Withdrawals will continue to be available as usual for anyone who currently has Doge or Dash on our platform.
We are constantly evaluating our current collateral types and considering new ones based on market conditions and other parameters. Given Doge and Dash do not meet our current collateral requirements, it is necessary for us to remove them from the platform at this time. While we are sad to say goodbye, it doesn’t mean it’s goodbye forever. And who knows? Between Elon’s tweets and Coinbase’s decision to list Doge, maybe one of these collateral types will be back before you know it. Only time (and market conditions) will tell.
In the meantime, we continue to support many beloved cryptocurrencies as collateral for crypto-backed loans including BTC, ETH, LTC, BCH, PAX, PAXG, USDC, TUSD and SALT.
Want to be kept in the loop regarding announcements and products releases?