Review on Celsius by Toprak Dere
About Celsius
Celsius (CEL) is a crypto money project that offers all banking services to cryptocurrency users in one place. CEL, which was launched in June 2018, promises investors different rewards in exchange for crypto deposits. Of course, users can also benefit from advantages such as withdrawing loans or paying directly from the wallet.
Platform users can receive certain payments according to the amount of CEL Coin they have. Celsius's own crypto currency CEL, which brings together all banking and financial services, thus has a never-ending use.
Celsius, a profit-oriented company, receives a certain share of the CEL awards it will give to users. However, 80% of the earnings are paid directly to users in the form of CEL. It is stated that the company provides loans to institutional investors as well as hedge funds and shares its income with investors.
Users are required to deposit a certain amount of CEL coin collateral in order to withdraw credit. This shows that most of the supply of CEL Coin is locked.
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Pros
- You can win various prizes by the cryptocurrency depositor
- credit support to institutional investors
- Bringing all banking and financial services together
Cons
- none
