What is SaluS (SLS)?
Future of SLS Cryptocurrency and know how to buy SLS

#1 - What is SLS?

SLS: The basics

  1. The concept of SaluS was born through a necessity for consolidating the efforts of assisting people within the crypto world by creating services, information hubs, and tools. All of these, in order to provide the members of the SaluS network an edge while making an investment as well as trading decisions.
  2. The primary objective and goal of the blockchain is to provide the members with an extra edge when it comes to tokens and trading digital currencies.
  3. By giving a set of tools, technical analysis and expert fundamental, the team hopes to assist its members in avoiding FUD and hype in terms of trading space and good investment decisions.
  4. Few SLS token which is collected through services and products are to be used for continuity of the entire project of SaluS with expanding and improving the services and products.
  5. The unused SLS tokens will be kept in a cold storage till the time there is any use of it.
  6. If you wish to trade with SLS coins on the network, you must at least own 50 coins first.

SLS Development

  1. The SaluS blockchain was launched on 6th January 2016.
  2. The head of the project is Salus and is the sole developer for the platform.
  3. The platform was launched as an experimental utility coin which will give them the access to various SaluS products and services for the community members.
  4. The coin can be minted through CoinKing, LTCrabbit, and MinerGate.
  5. Block time of the currency is 3 minutes and it can be used on various platforms like BC casino and can also be used in the gaming areas.
  6. The platform did its ICO in June 2016.

 

#2 -What are the benefits of SLS

SLS Technology

Technical Analysis

Charting and technical analysis helps predict directions, momentum, support and resistance, and trading signals. It also provides members an edge into today’s market of digital currency.

Trading Advantage

The members of SaluS will gain access to traders in real time from selected experts SLS traders through view only exchange APIs.

Trading Tools

This service provides access for custom monitoring, trading and alert tools which will give an advanced member as well as a beginner some additional knowledge and edge for their trades, both long and short-term.

ISO Analysis and News

This provides expert ratings and reviews on various initial coin offerings and the projects related to cryptocurrency. It also helps its members to take better decisions before making an investment.

Private Discussion Group

This feature allows you to chat with other traders of the crypto world and share ideas and concepts with them. It also has channels for charting, announcements, price bots and alerts.

How does SaluS coin work?

  1. By staking SLS coins, you can receive a large number of rewards just by showing your support for the blockchain network. This can be done by just running a node data communication. Whereas, there is another way of doing this, that is, by holding SLS coins. It is beneficial for a token holder to hold a coin for a minimum of 8 hours before moving or trading them, but, there is no maximum limit of to how long you can hold a token.
  2. When you hold your token, you will receive an annual interest rate of 1%. The platform will hold a reserve for helping in the increase of a value of the tokens which are travelling into the future. This is why holding your token is another way of earning profits for your token.
  3. The SaluS blockchain also has an affiliate system that is used for others to make some commission by referring people to the platform.

 

#3 - How to buy and store SLS

How to buy SLS

The SLS coin is listed for trading on various trading exchanges globally and is paired with a few major cryptocurrencies like BTC, ETH, BNB, KRW, and USDT. This allows SLS users to access or obtain the SLS token by using their crypto holdings, bypassing the need for more KYC norms.

Trading exchanges for the SLS cryptocurrency include major global exchanges such as YoBit, Bittrex, UPBit, and more.

  1. While cryptocurrency exchanges provide you a platform to buy or sell the SLS cryptocurrency, CoinSwitch comes in to help you make the right decision by providing the prices for SLS on multiple crypto exchanges. It supports more than 140 coins and 45,000 pairs of cryptocurrencies. You can choose whichever pair you want with your token and compare the prices at exchanges. This way you can choose the best deal for you!
  2. What’s more - with CoinSwitch, the largest cryptocurrency exchange platform, you do not rely on a separate wallet from the exchange to store your SLS cryptocurrency. Instead, all transactions happen to and from your own personal private wallets.

SLS Storage

After obtaining the SLS token, you will require an SLS wallet to store it safely. The SLS token can be stored in the official wallet that is compatible with Windows 32 & 64, Raspi, and Mac.

 

#4 - What is the future of SLS token?

SLS Global Acceptance

The Market Cap ranking of the SLS cryptocurrency is 237 as of July 2018, and it holds a market capitalization of $29.1 million as of the same time. A total number of 1,010,690 SLS coins are in circulation.

Also Read: Complete Analysis of SaluS | Live SaluS (SLS) Price Charts And Predictions

Price History

Date

Open

High

Low

Close

Volume

Market Cap

1 July, 2018

26.16

26.16

22.88

23.88

100,069

26,435,200

1 May, 2018

68.80

68.80

57.98

63.01

11,016,400

69,516,000

1 March, 2018

32.24

101.51

32.24

88.42

124,064,000

32,566,100

1 January, 2018

85.41

103.39

75.61

81.12

5,964,630

86,246,100

1 November 2017

14.63

15.99

13.87

14.15

124,354

14,696,700

Future Prospects

  1. The SLS token is a very unique digital asset which is set to bloom in some time according to analysts[1]. With the swift drop in the crypto market in the first half of 2018, SaluS has been able to make a way through the murky waters without getting its price being harmed.
  2. SaluS is an open source platform which permits you to increase the NAV or Net Asset Value just by utilizing the inbuilt applications of the platform to tap into other digital currencies and earn profits.
  3. With the increase in the global acceptance and adoption, SLS path of growth is unveiled. With the reserves that are been set aside, platform development to being a more robust application makes it a good investment for the future.

 

#5 - How is SLS different from other cryptocurrencies?

  1. The goal with most cryptocurrency investments has tended to remain one of earning profits, which is not the case with SaluS coin. The developers of SLS rely completely on their concept and are aware of the fact that a community that is satisfied can lead to a long-term success of the platform.
  2. The platform ensures that the block is mined in 3 minutes. This is far faster than other behemoths like Bitcoin.
  3. SLS is a stable coin which has an annual inflation of just 1%. Generally, the price of an SLS token has hovered between $60 to $70[2].

 

#6 - Should you invest in NLS?

The Good:

  1. The platform offers 24*7 support to its members.
  2. It provides an extra edge for the members for making the right trading decisions.
  3. The platform gives its members the access to traders in real time.
  4. The platform also gives you an opportunity to connect with various traders of the crypto world and share your ideas and concepts with them.

The Bad:

Even though SLS has excellent and unique features, it is still not ranked amongst the top 100 cryptocurrencies according to the Coin Market Cap ranking. The coin somehow is still being overlooked due to other major digital currencies. It still needs to rise and market itself better for being in the run of topmost cryptocurrencies.

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Exchange SLS and win upto $100 on your first order.