Review on Celsius by Özgün A
Celsius Network wants to take a big step forward
Celsius Network is a blockchain-based lending platform accessible via a free mobile app. Celsius Newwork's logic is simple. So,
1- You deposit crypto money to the Celsius application.
2-The company then lends these funds to individual and corporate borrowers.
3-Every Monday, you will receive a payment from Celsius's income from these loans and other activities.
The most interesting feature of Celsius: While banks expect you to give your money free, CEL repays 80% of its income to depositors.
Celsius is a system that aims to change the system in line with the wishes of the users by giving the power to manage the future of banking under the control of the users.
Transaction volume is at medium levels.
Celsius Network developers aim to be among the top 20 cryptocurrencies of their goals next year. But my opinion is that this is impossible.
They say that they protect people's interests, try to make money for people and rely on ethical rights in doing so.
Pros
- Provides tangible benefits
- There is a fair environment
- Pays you a certain rate of interest on your asset directly
- You can make decisions together with the community
Cons
- Low price and transaction volume
