Celsius Network Details

About Celsius Network

Celsius is a community-based P2P startup which provides access to lending and borrowing to digital currency holders. Members are able to deposit their cryptocurrency into their Celsius wallet in order to earn interest when their coins are lent out. They have also access to loans in dollars using their digital currency as collateral.

Crypto Interest Provider Celsius Network
TypeFinancial service
Interest
Earning Start: Immediately after deposit
Guarantee Period: 1 Week
Payed As: Same currency as deposit
Payout Interval: Weekly
Compounded: No
Lock-up PeriodNo Lock-up. Can be withdrawn anytime.
ProcedureCrypto is sent to provider which uses BitGo as custody. Provider sends crypto in next step to exchanges for lending to margin/short traders.
Token
Name: CEL
Utilities: Increasing interest rates
CompanyOperating since 2018. Registered in United Kingdom.
Currencies offered by Celsius Network
TUSD (TrueUSD) 8.10% + 1, 2
PAX (Paxos Standard Token) 8.10% + 1, 2
GUSD (Gemini Dollar) 8.10% + 1, 2
DAI (Dai) 8.10% + 1, 2
USDT (Tether) 8.10% + 1, 2
USDC (USD Coin) 8.10% + 1, 2
BTG (Bitcoin Gold) 8.00% + 1, 2
ORBS (Orbs) 7.00% + 1, 2
DASH (Dash) 6.00% + 1, 2
LTC (Litecoin) 4.50% + 1, 2
ZRX (0x) 4.25% + 1, 2
OMG (OmiseGO) 4.25% + 1, 2
ZEC (Zcash) 4.15% + 1, 2
BTC (Bitcoin) 3.75% + 1, 2
BCH (Bitcoin Cash) 3.75% + 1, 2
XLM (Stellar) 3.00% + 1, 2
ETH (Ethereum) 3.00% + 1, 2
CEL (Celsius) 3.00% + 1, 2
XRP (Ripple) 2.50% + 1, 2
1: Real APR may vary. Service fees are already deducted.
2: Better rates available under specific conditions.