Celsius: Earn & Borrow Crypto v5.2.0

Celsius: Earn & Borrow Crypto v5.2.0

Celsius Network – Freeware – iOS
out of 2511 votes
Latest Version
v5.2.0
Safe to install

Celsius is a financial services provider that operates on the principle of acting in the best interests of the community. Our comprehensive range of products is designed to help you achieve your financial goals, whether that involves accelerating your retirement plans, exploring the world, or simply enhancing your family's quality of life.

Regardless of whether you're an experienced cryptocurrency enthusiast or a complete novice, Celsius makes it effortlessly convenient to:

  • Buy bitcoin, ether, and more than 40 other cryptocurrencies
  • Swap between more than 25 different assets
  • Borrow against your crypto assets with loans starting at an attractive annual percentage rate (APR) of 0.1%
  • Earn compounding yield on more than 40 assets
  • Safeguard your assets using military-grade security measures
  • Send cryptocurrency to friends and family members
  • Receive real-time assistance from our dedicated Customer Care team via phone

Purchase cryptocurrency through our app using your credit card or bank account, minimizing transfer fees and hassle.

Access funds without having to liquidate your crypto assets by taking advantage of Celsius' crypto-backed loans, which begin at an APR of 0.1%. Our loans require no credit checks, entail no origination fees, and come with effortless refinancing options.

Swap between supported cryptocurrencies and tokens instantaneously, seamlessly, and devoid of any fees. Our Swap feature empowers you to proactively respond to market changes, rebalance your portfolio, capture profits, and gain exposure to new coins.

Don't let your coins remain dormant. Transfer your assets to Celsius (or purchase directly within our app) to start earning compounding crypto rewards. We offer competitive yields on over 40 assets, which are paid out weekly.

Rest assured that your holdings are safe, thanks to our commitment to military-grade security. We've assembled a team of former intelligence officials, security experts, and cyber defense leaders to proactively safeguard our community and their assets. After all, high yield is futile without robust security measures.

We hold ourselves accountable to the highest standards of transparency. Verify our liquidity at any time through zK Audit, review our annual filings as mandated by the UK Companies House, examine the exact calculation and distribution of rewards each week through the Rewards Explorer, and enjoy direct access to our CEO through our weekly Ask Me Anything (AMA) sessions.

Choose from an extensive roster of more than 40 supported assets, including popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Polygon (MATIC), Dogecoin (DOGE), and Binance Coin (BNB). We also support stablecoins like Tether (USDT), USD Coin (USDC), Binance USD (BUSD), Gemini Dollar (GUSD), Dai (DAI), as well as gold tokens like PAX Gold (PAXG).

Invite your friends, family, and acquaintances to join Celsius. With each successful referral, you and your referral will receive $50 worth of crypto. Refer as many people as you wish to keep earning crypto rewards.

Join the growing community of 1.8 million individuals who have made Celsius their home for crypto. Participate in the lively discussions on Twitter, where we organize weekly Twitter Spaces sessions. You are also welcome to join our weekly AMAs on YouTube featuring our founder and CEO, Alex Mashinsky. Keep an eye out for upcoming meetups and events.

Download the Celsius app and fund your account to claim a free crypto welcome gift. Use one of our evergreen promo codes, deposit assets or purchase cryptocurrency directly within the app, and earn up to $2,000 in crypto.

Overview

Celsius: Earn & Borrow Crypto is a Freeware software in the category Business developed by Celsius Network.

The latest version of Celsius: Earn & Borrow Crypto is v5.2.0, released on 10/05/2023. It was initially added to our database on 10/05/2023.

Celsius: Earn & Borrow Crypto runs on the following operating systems: iOS.

Users of Celsius: Earn & Borrow Crypto gave it a rating of 3 out of 5 stars.

Pros

  • Celsius Network offers competitive interest rates for earning money on deposited cryptocurrencies
  • Users can borrow cryptocurrency at lower interest rates compared to other platforms
  • The platform supports a wide range of cryptocurrencies for both earning and borrowing
  • Celsius Network provides a user-friendly interface for managing assets and accessing financial services
  • The platform prioritizes security and transparency, helping users feel confident in the service

Cons

  • Users have limited control over their deposited funds, as they are used by Celsius Network for lending purposes
  • The interest rates offered may fluctuate based on market conditions and other factors
  • While the platform is accessible globally, there may be restrictions in certain countries or regions
  • Some users may be uncomfortable with the level of KYC (Know Your Customer) requirements for using the service

FAQ

What is Celsius: Earn & Borrow Crypto?

Celsius: Earn & Borrow Crypto is a platform by Celsius Network that allows users to earn interest on their cryptocurrency holdings and borrow against their cryptocurrency assets.

How do I earn interest on my crypto with Celsius?

You can earn interest by depositing your cryptocurrencies into a Celsius wallet. The platform lends out your assets to institutional borrowers and provides you with weekly interest payments.

What cryptocurrencies can I earn interest on?

Celsius supports a variety of cryptocurrencies for earning interest, including Bitcoin (BTC), Ethereum (ETH), and several stablecoins.

How is the interest rate determined?

Interest rates on Celsius are dynamic and can fluctuate based on market conditions and demand from institutional borrowers.

Is there a minimum deposit required to start earning interest?

Yes, there is typically a minimum deposit requirement, but it can vary by cryptocurrency. Please check the Celsius app for specific amounts.

Can I withdraw my crypto at any time?

Yes, you can withdraw your crypto at any time without penalties. However, keep in mind that it may take some time for the transaction to process.

What are the fees associated with using Celsius?

Celsius has no fees for depositing or withdrawing, but borrowers are subject to interest payments based on the borrowed amount.

Is my crypto safe with Celsius?

Celsius utilizes industry-standard security measures including cold storage, multi-factor authentication, and regular security audits to protect user assets.

How does borrowing against my crypto work?

You can use your cryptocurrency as collateral to borrow fiat or stablecoins. The loan-to-value (LTV) ratio and interest rate depend on the type of collateral you provide.

What happens if I can't repay my loan?

If you are unable to repay your loan, Celsius may liquidate your collateral to cover the outstanding amount based on the agreed terms.

Screenshots (Click to view larger)

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