Terms at a glance
| Product model | Centralized |
|---|---|
| Advertised rate | 7.49–10.50% · Published APR range |
| Rate conditions | Offer depends on term, LTV and jurisdiction; APR includes applicable origination fees. |
| Collateral | BTC, ETH, USDC, USDT, SALT |
| LTV | 30%, 50% or 70%; conditions apply |
| Term / structure | 1, 3 or 5 years |
| Funding | USD / USDC / USDT |
| Collateral model | Collateral pledged under SALT loan agreement |
| Fees | APR includes applicable origination fees; no prepayment penalty |
Source: SALT documentation. Figures describe the reviewed product, not an offer available to every borrower. See rate-source notes for documented discrepancies.
What to weigh up
Why borrowers consider it
Longer available terms and a choice of interest-only, amortizing or maturity-payment structures where eligible.
Tradeoffs and responsibilities
A longer term can increase lifetime interest. The available LTV and payment structure depend on the jurisdiction and offer.
Common questions about SALT
These answers cover borrowing costs, collateral and repayment. Eligibility and the signed agreement determine the terms of an actual loan.
What is SALT and how does borrowing work?
SALT expands the choice beyond a standard one-year Bitcoin loan, with multiple collateral and payment options.
What rate does SALT charge?
The reviewed source shows 7.49–10.50% (published apr range). Offer depends on term, LTV and jurisdiction; APR includes applicable origination fees.
Which collateral can I use with SALT?
The documented collateral is BTC, ETH, USDC, USDT, SALT. 30%, 50% or 70%; conditions apply. Supported assets and limits must match the specific product and account offer.
Who controls collateral with SALT?
The documented model is: Collateral pledged under SALT loan agreement. A longer term can increase lifetime interest. The available LTV and payment structure depend on the jurisdiction and offer.
How long can I borrow and what can I receive?
The documented term or structure is: 1, 3 or 5 years. Funding is described as USD / USDC / USDT. Confirm the repayment asset and schedule before borrowing; a crypto payout may require a separate conversion to pay a fiat expense.
What fees should I include in a SALT quote?
APR includes applicable origination fees; no prepayment penalty. Compare net proceeds and the payoff amount on your planned repayment date. Avoid adding a charge twice if it is already included in APR.
Does SALT offer only one-year Bitcoin loans?
No. Its personal-loan page lists one-, three- and five-year terms and several collateral assets, subject to eligibility. The precise repayment and LTV options vary.
Can I lose collateral when borrowing through SALT?
Yes. Collateral-price declines, interest accrual or failure to meet repayment obligations can lead to collateral sales under the applicable rules. Custody, counterparty, smart-contract and operational risks depend on the product. Keep a repayment and collateral-management plan; no rate or starting LTV makes a loan risk-free.
Sources and further reading
These answers summarize the dated research used throughout this site. They do not reflect hands-on borrowing tests or a live rate feed. Read the methodology.