Celsius offers crypto loans, interest, and token rewards.
Celsius is a blockchain platform enabling crypto-backed loans, interest earning, and token rewards, with CEL as its utility and reward token, trading on various exchanges worldwide.
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What is Celsius (CEL)?
Celsius is a blockchain-based project established in 2017 that conducted an ICO in 2018 for its CEL token. The platform aims to function similarly to a traditional bank but uses crypto assets instead of fiat currency. Essentially, users can borrow funds secured by crypto or earn interest by depositing liquidity. The CEL token has a maximum supply of 695,658,160 and serves as a utility token, playing a key role in the Celsius ecosystem. This includes borrowing, payments, and reward distribution. The main participants in the Celsius network are Lenders, Borrowers, the Celsius Platform, and External Exchanges. Lenders deposit cryptocurrencies to earn interest, while Borrowers take leveraged positions on the platform. The Celsius Platform supports trading, which involves trading fees, and exte...
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Celsius price live information
As of now, Celsius is trading at 0.10458 USD, with a 24-hour trading volume of approximately 126.73K USD. The CEL to USD price is updated in real time. Over the past 24 hours, Celsius has increased by 7.39%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 3.94M USD. Currently, there are 37 720 111 CEL in circulation out of a maximum supply of 37 720 111 CEL.
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