What is Celsius (CEL)? Celcius (CEL) is a platform that allows users to borrow money from investors. In short, it is a platform that offers banking and financial services to crypto money users. As Kriptokoin.com, we have compiled the details for you, let’s examine the subject together…
What is Celcius (CEL)?
Celcius, which was launched in June 2018, offers various rewards to its users for crypto money investments, as well as services such as credit and wallet type payments. Users can earn interest income on this platform. In addition, Celcius’ own CEL Coin is used within the platform to accelerate user payments.
The aim of the project is to provide high profit to its users from asset deposits as well as fast and free transactions. Celcius offers its users who want to get a loan the opportunity to borrow in dollars without the need to convert their crypto assets into cash.
Advantages and disadvantages
Some advantages of CEL Coin are:
- Celcius allows users to stake their crypto assets and earn interest in return.
- Users can transact with nearly 40 cryptocurrencies including BTC, ETH, LTC, USDT, DAI and GUSD via Celcius platform.
Some disadvantages of CEL Coin are:
- CEL Coin has high volatility so it can be affected by sudden price drop. It is a high-risk investment due to the sharp price drop.
How to get CEL Coin?
- CEL Coin is listed on Hotcoin Global, Gate.io, OKX, Bybit, FTX, OKEx and ZT exchanges.
- First of all, enter any exchange platform where the above-mentioned CEL Coin is listed.
- Then enter the free account creation page.
- Create your account after entering the requested information.
- Complete the authentication process steps completely.
- Then, after completing the account opening and verification process, transfer money from the deposit tab of the exchange with the method that is convenient for you.
- In the last step, enter the exchange tab where CEL Coin is listed. You can easily own CEL Coin at the current price or by entering the amount you want.
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