About Celsius Network
Celsius Network Is a democratized interest income and lending platform accessible via a mobile app. Built on thei belief that financial services should only do what is in the best interests of the community, Celsius is a modern platform where membership provides access to curated financial services that are not available through traditional financial institutions. Crypto holders can earn interest by transferring their coins to their Celsius Wallet and borrow USD against their crypto collateral at interest rates as low as 4.95% APR.
Celsius is a peer-to-peer (P2P) crypto lending platform that connects borrowers and lenders. Here’s what makes Celsius Network special:
Cash Loans. Borrow dollars at some of the lowest interest rates on the market. Cash and stablecoin loans start at 4.95% interest.
Earn Crypto. Celsius shares up to 80% of its revenues with the Celsius community in weekly interest payments. All Celsius users earn up to 10%. If you’re going to “store” your crypto, you might as well earn interest on it!
CelPay. Send Bitcoin and other cryptocurrencies instantly, with no wallet required.
CEL Token. This in-app token gives you exclusive access to the best financial services for cryptocurrencies, including better interest rates, priority status, community membership and more.
Fee Free. There are no fees with Celsius. No withdrawal, deposit, transaction, early termination and no origination fees.
No Minimum Deposit. You can earn interest with just $5 or $5,000,000. Celsius treats all users equally, no matter how much you put into your Celsius account. You can earn up to %17 interest on your holdings.
BitGo Insurance. All Celsius assets are stored in a multisig wallet with BitGo. Coverage is up to $100 million against cyber thefts, attacks and inside jobs.
Crypto that are compatible with Celsius include:
- BTC
- ETH
- LTC
- XRP
- OMG
- BCH
- ZRX
- BTG
- ZEC
- XLM
- DASH
- TUSD
- GUSD
- PAX
- USDC
- DAI
- ORBS
- EOS
- TGBP
- TAUD
- TCAD
- THKD
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. Referal 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.
