RE: SALT Lending Update: SALT Loans Are Live!!
I checked the SALT website, the retail price of the SALT tokens is $27.50 and the CoinMarketCap price shows $13.98 per token at this time. That is a $13.52 spread right now. It is like giving money away.
If you bought SALT tokens on an exchange right now, you could transfer them to your SALT account and use them at the $27.50 per token price to secure a loan.
This is why I think that as the lending market matures that the price of the tokens on exchanges will tend toward the retail price of the tokens on the SALT website.
This is the main reason I invested in SALT during the ICO. I saw the possibility of this potential. And even now, they are a good buy on the exchanges. I am just giving my opinion and not financial advice.
Have a fantastic weekend and a prosperous New Year!!
Steem on,
Mike