Celsius (CEL)

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Description

Celsius (CEL) is a cryptocurrency that provides members with financial freedom through its innovative platform. The cryptocurrency was founded in 2017, by Alex Mashinsky, who intended to create a crypto coin with the purpose of giving its holders access to a variety of different financial services. Celsius (CEL) makes it easier for both traditional and crypto investors to access and grow their funds, catering to all types of investors. One of the main benefits of Celsius is that it provides an instant, low-cost way to earn interest on cryptocurrency holdings or loans without having to worry about the tedious paperwork that often comes along with traditional banking. With Celsius, users can easily check their earnings and deal with their financial matters through a simple web or mobile interface. This makes it easier to manage and monitor their investments and finances, without the need for banking institutions or the requirement of complicated paperwork. What really makes Celsius stand out is its great rewards program which allows Celsius holders to earn rewards in the form of CEL token. The rewards for Celsius holders start when users deposit their bitcoins into the Celsius platform, where customers receive a rate of 3.2% Annual Percentage Yield (APY) on their assets. This reward program can go up further, with each additional strategic decision taken by the user, leading to even higher rewards percentages. Additionally, Celsius provides its users with no annual membership fees, no lock-in contracts and no minimum balance requirement. It also enables users to avail of low-cost loan facilities, which can be used in their everyday lives. The platform allows users to deposit their currency and then borrow against it in the form of fiat currency or stable coins. The Celsius platform can be accessed through its official website, its mobile app or online wallets. Users can buy and sell CEL tokens either on the Celsius platform itself (via its official app) or on some of the world’s leading exchanges, such as Binance, Huobi and OKEx. In conclusion, Celsius has the potential to be a very successful cryptocurrency. The combination of its rewards program, its low-cost loan facilities, and its ease of use make it extremely attractive to potential investors. Moreover, its mobile app allows users to access and manage their funds from anywhere in the world, making it an even more attractive option.