Platform: Celsius

Website: www.celsius.network

Important

Celsius announced that they voluntarily filed petitions for Chapter 11 reorganization. You will be able to find the official announcement here. Updates to follow.

Good

• Simple and clean app and web interface
• Many crypto currencies supported, and they keep adding more
• Pays weekly interest rates for your held currencies, choose your reward either in the individual currency or in their own CEL token
• No withdrawal fees
• Awesome interest rates to borrow money with your own crypto’s (without spending them)
• Very fast and transparent communication in regards to security topics and general user queries

To be improved

• N/A

Bad

• N/A

Overview (todo)

Celsius.network was founded 2017 following a successful Initial Coin Offering (ICO), making CEL tokens available globally. In the meantime more then 1’500’00 users are using the platform (Feb 2022).

On Celsius you can earn rewards on your held coins, borrow cash with interested rates based on your help currencies (and other factors), and obviously pay and transfer easly currencies within the app or the Celsius website.

Personal experiences and comments

• Using the Celsius app now for a couple of months, they always paid their interest rates timely each Monday
• No major issues experience with the app so far
• Response to my ticket within a couple of hours: great

Don’t have a Celsius account yet? Sign up with this link and earn $50 in Bitcoins.