What is a crypto-backed loan from SALT?
Crypto-backed loans from SALT allow Uphold members to get cash without having to sell their crypto. Instead, you can use your Bitcoin, Litecoin, Ether, Bitcoin Cash or your Dash as collateral for a cash or stablecoin loan. SALT offers competitive rates, flexible loan terms from 3 to 12 months, and LTV options from 30%-70%. They don’t require credit or income checks to apply for a loan.
Once you pay back your loan via USD or stablecoin, you’ll have full access to your assets again.
All SALT loans are subject to KYC, AML, and other Terms, Conditions, and Restrictions. Please see saltlending.com/terms for additional information. Loans not available to all borrowers or in all jurisdictions.
Uphold is not a lender, loan broker, or loan arranger and is not offering anyone advice or assistance in obtaining a loan.