Celsius Joins Major Cryptocurrency Firms Using Simplexs Fiat Onramp

United Kingdom-based cryptocurrency lending startup Celsius Network has launched in-app crypto purchases via a new partnership with Simplex, according to a Feb. 18 announcement Simplex, a popular fiat-to-crypto payments provider servicing major crypto exchanges like Binance, will now unlock direct crypto purchases for Celsius app users. READ MORE CoinTelegraph – Feb 18th 2020

TOP 15‌ ‌Best‌ ‌Crypto‌ ‌Lending‌ ‌and‌ ‌Bitcoin‌ ‌Loan‌ ‌Websites‌ ‌for ‌2020‌

On the eve of the upcoming year of 2020, U.Today reviewed best opportunities to lend and borrow crypto tokens. Definitions, tips, highlights, rankings – in our text. READ MORE U.Today – Feb 1th 2020

Celsius to Begin Offering Compounding Interest on Crypto Deposits

Cryptocurrency lending and borrowing platform Celsius announced that it would be implementing compounding interest on cryptocurrencies deposited in its wallet, starting Feb. 1. The announcement came with a number of other updates in a Twitter AMA (ask me anything) with founder Alex Mashinsky on Jan. 22. READ MORE CoinTelegraph – Jan 24th 2020

Fresh Updates to the Celsius Loyalty Program

If you’re a CEL holder, you’re automatically enrolled in the Celsius Network Loyalty Program! Your loyalty level is based on the ratio of CEL tokens to other coins held in your wallet, and if 5% or more of your wallet balance is in CEL, you’re eligible for even greater Celsius rewards! Beginning February 1, 2020, we’llContinue reading “Fresh Updates to the Celsius Loyalty Program”

Celsius partners with Korbit

Celsius Network has announced a partnership with Korbit to manage a portion of their treasury, a first for the organization. This is the first stage of an ongoing partnership between the two companies. Sejin Oh, CEO of Korbit, says “this partnership will enable us to deliver what the Korean crypto community has been longing forContinue reading “Celsius partners with Korbit”

The VALUE of the CEL Token, Explained

Imagine a service that always acts in your best interest. A service that actually works as hard for you as you do for your money without charging any fees or penalties whatsoever. A service that actually puts its users ahead of its shareholders. Imagine a service that’s fully transparent enabling any and every participant to see in real-time HOWContinue reading “The VALUE of the CEL Token, Explained”

Celsius Network’s 2019 Year In Review

With the HODLdays upon us and the year coming to a close, it’s time to take a step back to reflect the incredible year we’ve had at Celsius Network! From token utilities to badass ambassadors, here are some of the things we’re CEL-ebrating as we head into the New Year! READ MORE Celsius Network –Continue reading “Celsius Network’s 2019 Year In Review”

Celsius CEO Says Entire Internet Will Become an Application on the Blockchain

Speaking at ELEV8CON in Las Vegas on Dec. 10, founder and CEO of Celsius Network Alex Mashinsky said that there is a war brewing between centralized and decentralized networks. “The centralization of the Internet by companies such as Facebook and Google has created a distorted reality where fake news and blatant lies get the sameContinue reading “Celsius CEO Says Entire Internet Will Become an Application on the Blockchain”

Celsius Opts for Fireblocks’ hot wallet solution to streamline its $400m lending assets

“Given our diverse set of services, the engineering and operations team required a solution that could be customized to fit all of our use cases, and Fireblocks was able to deliver that for us,” said CTO of Celsius CTO Nuke Goldstein. READ MORE TheBlockCrypto – Nov, 19, 2019

Celsius Network’s CEL Token Gets Listed on HitBTC Exchange

LONDON, Oct. 4, 2019 /PRNewswire/ —Celsius Network, the industry-leading cryptocurrency platform, announces today the listing of its CEL token on HitBTC Exchange, one of the most advanced crypto exchanges on the market today providing a variety of robust crypto trading options. Read more Business Insider – October 4th 2019

BitGo Case Study: Celsius Network and the Road to 100 Million

Celsius Network, the leading cryptocurrency saving, lending and borrowing platform, is upending the banking industry with their revolutionary business model for cryptocurrencies. The company addresses global financial needs by providing high interest income and low cost lending through the Celsius Wallet mobile app.The company was built on the belief that financial services should only doContinue reading “BitGo Case Study: Celsius Network and the Road to 100 Million”

Litecoin Foundation Selects Celsius Network as Its Preferred Interest-bearing Wallet

LONDON–(BUSINESS WIRE)–Celsius Network, the industry-leading cryptocurrency platform, today announced a partnership with the Litecoin Foundation, which will see Celsius become the preferred interest-earning wallet of the Litecoin Foundation. In addition, the Litecoin Foundation board chose Celsius to manage a portion of their treasury, a first for the organization. Read more By Blonde 2.0 – September 19thContinue reading “Litecoin Foundation Selects Celsius Network as Its Preferred Interest-bearing Wallet”

Celsius Network Offers up To 12% APR on USDC, TUSD, USDT and Other Stablecoins

LONDON–(BUSINESS WIRE)–Celsius Network, the industry-leading cryptocurrency platform, announces today it has increased interest rates for stablecoin deposits to 12.03% APR. Users who choose to earn interest in Celsius Network’s blockchain-based CEL token can earn up to 30% more than the 9.25% depositors who are paid in-kind on their coins. Celsius is raising its rates becauseContinue reading “Celsius Network Offers up To 12% APR on USDC, TUSD, USDT and Other Stablecoins”

Celsius Doubles CEL Rewards for its Community

Celsius users are falling in love with our end-of-summer bonus rewards! Up until last week, the main utility of the CEL token enabled Celsius depositors to earn up to 30% more interest on their coins. As of now, Celsius also pays 3% interest on CEL tokens, effectively doubling the rewards for the CEL community and allowing HODLers to earnContinue reading “Celsius Doubles CEL Rewards for its Community”

Celsius Network Crosses 100 Active Institutional Accounts in First Half of 2019

LONDON–(BUSINESS WIRE)–Celsius Network, the industry-leading cryptocurrency platform, announces today that it has onboarded over 100 institutional clients. In order to use Celsius services, institutions must complete a rigorous KYC and AML application and evaluation process. Institutions represent the demand side of the Celsius marketplace with over 50,000 retail HODLers balancing out the supply side. The CelsiusContinue reading “Celsius Network Crosses 100 Active Institutional Accounts in First Half of 2019”

How Celsius Turned Its Crypto ICO Into a Billion-Dollar Lending Business

The initial coin offering (ICO) boom birthed its fair share of ghost ships. So far, it appears the lending startup Celsius certainly isn’t among them.The New York-based startup raised $50 million worth of crypto in May 2018 through an ICO, selling CEL tokens that borrowers could choose to earn as interest. Since then, according to CEO AlexContinue reading “How Celsius Turned Its Crypto ICO Into a Billion-Dollar Lending Business”

How to Earn 3% Compounded Interest on CEL Tokens

Celsius Network is thrilled to be introducing compounding interest — Celsius style! Beginning this fall, users will have an array of new CEL utility options built in your best interest.Celsius customers will have two options to utilize their CEL tokens: earn 3% per annum interest paid on a weekly basis on your total CEL balanceContinue reading “How to Earn 3% Compounded Interest on CEL Tokens”