Uphold users have gained access to loans from Salt Lending using crypto holdings such as bitcoin cash (BCH) as collateral. The digital money platform has more than 1.5 million users globally and has powered over $5 billion in transactions.

Also Read: Nexo Now Offers Bitcoin Cash Instant Crypto Credit Lines

Uphold Partners With Salt Lending

Digital money platform Uphold has announced a partnership with Salt Lending to provide its users with cash or stablecoin loans using cryptocurrencies as collateral. Uphold users can now secure loans through Salt against their holdings in BCH, BTC, ETH, DASH and XRP.

In addition to bringing leading credit solutions to Uphold users, Salt has integrated Uphold wallets into its own platform, allowing the company’s growing user base to access Uphold’s products through their dashboard. The integration is aimed at streamlining the lending experience for shared users through seamless collateral transfers and loan proceed payouts.

“Salt has given its users the flexibility to access loans using their…

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Source: https://thebitcoinnews.com/uphold-users-gain-access-to-salts-crypto-backed-loans/