Celsius is currently trading at $0.57, after a price change of -1.76% in the last 24 hours.
Ranked as cryptocurrency #155 by capitalization today, CEL market cap is valued at $135,064,805. CEL trading volume reached $1,764,292 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on CEL coin price prediction page.
What is Celsius Network?
Celsius is a savings platform that features interest-bearing and borrowing accounts. The protocol enables users to get loans in fiat currency and stablecoins against cryptocurrencies held in their digital wallets. Celsius also lends the deposited funds to Centralized Financial entities as an additional source of revenue. The protocol distributes 80% of its proceeds to users as yields from deposits and interests from borrowings.
The project team launched the Celsius wallet in 2019 to enable users to access loans with their coins as security and lend their digital assets directly. The protocol is accessible via an app.
CEL is an ERC-20 token native to Celsius. It is used to give users access to community members. Users can also earn better interest income and bonus discounts when they use CEL to pay their loans. There are 238,863,519.83 circulating CEL tokens from a total supply of 695,658,160 and a matching hard cap.
Alex Mashinsky, Daniel Leon, and Nuke Goldstein are the co-founders of Celsius Network. The protocol debuted in 2017.
Celsius is a savings platform that features interest-bearing and borrowing accounts. The protocol enables users to get loans in fiat currency and stablecoins against cryptocurrencies held in their digital wallets. Celsius also lends the deposited funds to Centralized Financial entities as an additional source of revenue. The protocol distributes 80% of its proceeds to users as yields from deposits and interests from borrowings.
The project team launched the Celsius wallet in 2019 to enable users to access loans with their coins as security and lend their digital assets directly. The protocol is accessible via an app.
CEL is an ERC-20 token native to Celsius. It is used to give users access to community members. Users can also earn better interest income and bonus discounts when they use CEL to pay their loans. There are 238,863,519.83 circulating CEL tokens from a total supply of 695,658,160 and a matching hard cap.
Alex Mashinsky, Daniel Leon, and Nuke Goldstein are the co-founders of Celsius Network. The protocol debuted in 2017.