Salt Lending review

Rates sit at 7.49% to 10.5% on the loans it offers. That is a fixed return for the term you sign up for, not a variable rate that moves with market conditions. For reference, the median yield across the earn category is 7%.

Loan terms run for 1, 3 and 5 year loan terms. You pick the length when you take the loan, and the longer commitments pay the better rate of 7.49% to 10.5%. Once you are in, that is the window your Bitcoin is tied up for.

The supported asset is Bitcoin, so this is a Bitcoin-only product. There is no altcoin option in the range, which narrows things if you wanted to put several assets to work at once. Nothing else in the list earns through the same lending setup.

Custody is custodial, so the coins are held by Salt Lending for the term rather than sitting in a wallet you control. That is the trade for a fixed 7.49% to 10.5%: convenience in exchange for holding your own keys. Lending out means trusting the counterparty.

Yes. It operates as Salt Lending LLC, founded in 2016, and is licensed in the US by the NMLS under licence 1711910. You can check the licence record against the regulator's public register before you commit funds to a multi-year term.

Support runs on email, chat and phone. That mix includes direct phone contact and a help centre alongside email and chat, so a question about an active loan can be raised by phone as well as in writing.

The 7.49% to 10.5% return is close to the earn category median of 7%, and below the upper quartile of 14.5%. What sets Salt Lending apart is the 1, 3 and 5 year loan terms loan structure, which is a longer commitment than most flexible earn accounts ask for.

It suits holders who already intend to keep Bitcoin and want it earning rather than sitting idle. The 1, 3 and 5 year loan terms terms mean you need to be sure of that plan before you start. Anyone who may need to sell quickly is better served by a product with no fixed term.