Celsius Network is a cryptocurrency and money management project allowing everyone to earn and borrow cryptocurrencies. This project has a user-friendly app for PCs and smartphones. The platform was released in spring 2018 through the ICO of the Celsius CEL coin. During it, the network team raised $50 million. Keep reading the Celsius crypto review by StealthEX to find out more about this project.
Is Celsius Network Safe?
Celsius Network allows everyone to purchase, borrow, and make payments selecting from more than 30 digital assets.
Users access a platform combining a savings and investment account. Due to a certain level of centralization, everyone can also borrow against their digital assets. Thanks to a unique infrastructure, the risk associated with cryptocurrency trading is significantly reduced.
Celsius Network Insurance
Each deposit is insured up to $100 million. The platform has no withdrawal restrictions, hidden fees, or lock-in periods. You can withdraw money from your account anytime you need it.
Since the platform is developed for relatively passive investment strategies, everyone can dive into the cryptocurrency world without putting excessive amounts of money at stake or paying high fees.
How To Use Celsius Network?
The primary feature of Celsius Network is the payouts that users receive each week for keeping their coins in their Celsius crypto wallets. This platform also offers low-interest loans and a payment feature that lets you transfer tokens to other people with no transaction fees.
Thanks to the app, everyone can buy coins with an ACH transfer, bank cards, or SEPA transfer.
Loyalty levels are determined by how many Celsius Network coins you hold. At each level, you get different benefits:
- Bronze. Get 5% as bonus rewards and a 5% loan interest discount.
- Silver. You receive a 10% bonus on your earnings and a 10% discount on interest rates on loans.
- Gold. The platform offers you a 15% bonus on your earnings and a 15% discount on interest rates on loans.
- Platinum. Your bonus is 25% of your earnings and a 25% discount on interest rates on loans.
Besides, everyone receives cashback if they send Celsius Network coins using CELPay via the app.
One more way to get extra income is to use a Referral Program. Verify your account, enter a promo code, and receive $50 of BTC with your first deposit of $400 or more in crypto. You can receive an extra $100 for a loan request of $3,000.
Celsius Network Educational Content
This network provides access to useful information about the various features and functions of the app. There's also an easy-to-use glossary with all the concepts used in the crypto community. It lets you immerse yourself in the cryptocurrency world and learn to better analyze content published by industry experts.
Celsius Crypto Price Prediction
This platform never stops improving its services. In May 2021, it released a Web App providing users with the same features as the mobile one. Thanks to it, you can look at your income, rewards received while using the platform, and a breakdown of your account based on each token you hold. Moreover, a desktop version provides you access to charts and graphs to measure your success with Celsius. The CEL team also offers extra cash benefits regularly to attract more users.
Making the network useful, CEL developers attract more investors and increase the Celsius coin price. As WalletInvestor experts believe, by the end of the year it will get over $10.5. CryptocurrencyPricePrediction even assumes that by the end of December 2021 Celsius crypto price will be $14.43.
Summary
All in all, the Celsius crypto project offers a less risky and easier way to buy and hold cryptocurrency for newcomers and experienced long-term investors alike, who can earn a steady return on their savings. All this makes a Celsius token a profitable long-term investment.
How To Buy Celsius Coin?
If you think about where to buy Celsius coin, StealthEX allows you to exchange other cryptocurrencies for it and make your transaction secure. There's no need to provide many details for the purchase and wait for hours for it.
Just go to StealthEX exchange and follow these easy steps:
- Choose the pair and the amount for your exchange. For example, BTC to CEL crypto.
- Press the “Start exchange” button.
- Provide the recipient address to which the coins will be transferred.
- Move your cryptocurrency for the exchange.
- Receive your CEL coins!
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The views and opinions expressed here are solely those of the author. Every investment and trading move involves risk. You should conduct your own research when making a decision.
