Dear ABCC users:
ABCC has now added a new cryptocurrency, SALT, for trading. This has increased our trading pairs to include SALT/BTC and SALT/ETH. More cryptocurrencies and trading pairs are coming soon.
SALT Membership is an Ethereum-based ERC-20 smart contract representing levels of access to the SALT Lending Platform. It can be redeemed for products and services and other rewards offered through the platform. The total supply of SALT Membership is fixed at 120,000,000.
The SALT Platform is a membership-based lending borrowing network that allows users to leverage their blockchain assets to secure cash loans. It is an automated, efficient and cryptographically secure solution specifically designed for blockchain assets, operating as a second layer protocol which sits atop any public or permissioned blockchain, allowing the underlying asset to be used as collateral for access to credit.
As blockchain assets are divisible, fungible and in many cases instantly transferrable, SALT offers lenders a powerful, globally available solution to access a rapidly expanding and immediately addressable borrower base, while providing new tools for managing lender risk.
August 8th, 2018
You should be aware that cryptocurrencies are subject to high price-volatilities. You are solely responsible for determining whether any investment, investment strategy or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. ABCC reserves the right to rescind and terminate our services to users in countries and jurisdictions where relevant laws and regulations apply.