Today I want to go through Celsius which is one of the most famous crypto lending platforms that connects borrowers and lenders. You can earn high interest by lending out your crypto instead of keeping them idle in your private wallet. This is how we can earn rewards on cryptos that aren't 'stakable', such as ETH, XLM, BTC, BCH, XRP, OMG and others. Rates are attractive as 10% on stable coins
You can also borrow dollars with lowest interest rates on the market instead of getting from banks. There are no fees with Celsius. You can deposit and withdraw without paying a single penny.
They don’t have a minimum deposit/lending limit. You can start investing even with $1. All assets are stored in a multisig wallet Bitgo. Coverage is up to $100 million.
Celsius so far has had a spotless track record and I personally haven’t had many problems and minor issues have been sorted out through their support team. They very much embody the spirit of the crypto space and for those who might be keener on Defi projects, this may feel more at home for you in the Cefi realm.
I will continue to use them knowing my deposits are safe in their hands.
At the end of the day, as always, you’ll have to decide whether Celsius is the right fit for you! There are plenty of lending platforms out there with their own pros and cons — do your own due diligence and make sure you stay informed!
Celsius Network is now offering $20 in free BTC . Use the referal code during sign up and we both get $20 in free BTC after $200 or more is deposited. You’ll also get a $20 BTC bonus for every person you refer to the crypto wallet and lending platform.
Referal Code: 1497745df7
*You will need to maintain the deposited balance for 30 days before the funds are released. Referral Code only works during account creation/sign up and is NOT VALID afterward. You can create a new account with a different email if you’ve already created an account.
** I will share promo codes,referral rewards, airdrops on daily basis so follow me if you are interested in quick daily earnings.
