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Celsius Overview

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On July 13, 2022, Celsius Network LLC and certain of its affiliates filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York.  The cases are pending before the Honorable Martin Glenn in the U.S. Bankruptcy Court for the Southern District of New York and are being jointly administered under Case No. 22-10964.

Additional information about the bankruptcy cases may be obtained by calling the case information line at 855.423.1530 (Toll-Free) or 949.669.5873(International). You may also submit an inquiry via email by clicking HERE.

Celsius provides the best financial platform that offers equitable interest, zero fees and instant transactions through cryptocurrency. Their goal is to change the industry by giving financial freedom and success opportunities. Since 2017, they have processed $8.20 billion in loans, 19.65 billion in assets and over 2 million members.

Celsius Features

One of the benefits you can access from Celsius is its ‘Earn’ feature which allows you to earn up to 18.63% APY in minutes. They include stable coins with relatively low volatility, gold tokens with prices correlated to the price of gold and top cryptocurrencies (Bitcoin, Ethereum, staking coins and utility tokens).

Additionally, they offer a program called ‘Earn in CEL’, which allows you to earn weekly rewards in CEL in which you can unlock more significant rewards and lower loan rates. Some great features include making weekly reward rates of up to 30%, lower payments by up to 25% and increasing CEL loyalty level to access upcoming products like the Celsius Credit Card.

Celsius App - Comparewise

The second benefit you can access from Celsius is its ‘Borrow’ feature which allows you to borrow at 1% APR through cryptocurrency. It includes no fees, no checking of credit, competitive industry rates, and quick refinance options.

The feature works in as little as four steps which start by letting you enter the amount you want to borrow, choose collateral and interest rate (from your current balance or put in new coins), and select the period of your loan (which can be changed at any time).

Once it gets approved, the funds can then be spent. You can choose from their list of supported assets such as Bitcoin, Ethereum, and other 40+ cryptocurrency assets to be used for collateral that you can decide how to pay back.

Promo Offer: Receive $500 In with the Code HODL500* When You Transfer $25,000 & Locked In For 30 Days

Celsius Crypto - Comparewise

The third benefit you can access from Celsius is its ‘Pay’ & Paid’ feature which is fast and does not cost anything. The CelPay feature allows you to send and receive crypto instantly for free through their app. Additionally, you can get paid $50 when you refer someone who transfers $400+ into their account with no withdrawals for 30 days.

The fourth benefit you can access from Celsius is its ‘Buy’ feature which allows you to buy Bitcoin, Ethereum and other well-known cryptocurrencies using your credit card or bank account. You can buy, swap, earn, and borrow on one platform through this feature. Additionally, they are continuously improving their platform by adding more coins and making the design seamless to navigate.

Other top app offers…

Service Areas

Alberta, British Columbia, Canada, Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Online, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon

Services

  • App
  • Crypto

Year in Business

Since 2017

Industry

Finance, Tech

Languages

English

FAQs about Celsius

What is Celsius?

Celsius provides a financial platform that offers fair interest, zero fees and instant transactions through cryptocurrency. Their goal is to change the industry by giving opportunities for financial freedom and success. Since 2017, they have processed $8.20 billion in loans, 19.65 billion in assets and over 2 million members.

Why should I use Celsius?

There are lots of reasons why you should use Celsius. Some examples include:

  1. Access to its ‘Earn’ feature which allows you to earn up to 18.63% APY in minutes.
  2. Access to its ‘Borrow’ feature which allows you to borrow at 1% APR through cryptocurrency.
  3. Access to its ‘Pay’ & Paid’ feature which is fast and free.
  4. Access to its ‘Buy’ feature which allows you to buy Bitcoin, Ethereum and other well-known cryptocurrencies.

How much does Celsius cost?

Signing up to Celsius does not cost anything, as its mission is to help individuals access financial stability. Your crypto is secure and safe, which you can swap or withdraw at any time without the fees.

How do I get started with Celsius?

To get started with Celsius, you need to go on their website and fill in an application form (name, email address, and country of residence). Joining is free, and once you get approved, you can send or receive cryptocurrency for free right from their app.

Is Celsius safe?

Celsius has been in business since 2017 and is known for its highly secured platform. They are certified with Security ISO 27001 and have the activated HOLD mode, a safety feature that blocks all withdrawals of any unauthorised kind.

Celsius Products

Celsius
Celsius
Account
$0
Sign Up Fee
Unlimited
Features

Celsius Offices

Phone Number
US: +1 201 824 2888
Email
app@celsius.network
Office Hours
Monday - Saturday: 10:00 AM - 11:00 PM
Address
Celsius Network LLC 121 River Street, PH05 Hoboken New Jersey NJ 07030 USA
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Characteristics
  • Quality
  • Сonfidence
Experience
  • Knowledge
  • Counsulting
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Celsius Details
  • mobile phone icon
    US: +1 201 824 2888
  • clock icon
    Monday - Saturday: 10:00 AM - 11:00 PM
  • pinpoint icon
    Celsius Network LLC 121 River Street, PH05 Hoboken New Jersey NJ 07030 USA
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    http://celsius.network/
  • mail icon
    app@celsius.network
Celsius Social Media
Celsius Reviews
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Characteristics
  • Quality
  • Confidence
Experience
  • Knowledge
  • Counsulting

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