CELSIUS NETWORK REVIEW
There are many platforms available for crypto transactions. Most times, these platforms do not meet your needs. Let us look at one of the leading platforms you can use.
The CELSIUS NETWORK is a modern advanced crypto platform that deals with all cryptocurrency-based transactions. Celsius Network has been in existence for years now with appreciable transaction rate and recommendations from high profile companies and individuals. The platform provides an opportunity to keep and invest your crypto assets in addition to collateral-backed loans.
Compared to big competitors in the cryptocurrency market, there is an appreciable increase in the market price of Celsius token (denoted as CEL), this is due to an enhanced ROI as well as volatility, which provides every investor enough opportunity for profits and little or no losses.
HOW THE CELSIUS NETWORK SYSTEM WORKS
The basic thing to do after registering on this platform is to purchase the token (CEL) and trade your positions. Purchasing the token alone does not guarantee maximal output.
This network system allows any form of investment and guarantees an adequate rate for compensation. Every investor is entitled to certain berth of opportunities depending on investment made.
Investors with less than 5% investment of their assets are not entitled to any bonus profit and discount or loan interest. They simply earn what they have invested and nothing else in addition.
However, those who invest about 10% of their capital and assets in Celsius Tokens will earn a bonus of about 10% interest and a loan discount. For investors with about 15% CEL Tokens investment, they earn about 20% interest on both bonus and loan.
The highest investors with over 15% of their capital and assets in CEL tokens earn the highest bonus interest of about 35% and discount 30% loan interest.
This is no doubt a great and rare opportunity for everyone, one that is not available on other cryptocurrency platforms.
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HOW CELSIUS TOKENS WORKS
Generally, all transactions on the Celsius network are done in CEL Tokens, which is the unit for all transactions. This is to ensure equal opportunity and interest for all regardless of currency and asset. The Celsius tokens are used for all withdrawal and deposit transactions. It also makes you as an investor entitled to bonuses and interest. You need to stake and invest with CEL tokens, to enjoy more benefits.
HOW TO EARN PROFIT THROUGH CELSIUS NETWORK
Earning profits has never been easier with any other cryptocurrency platform than the Celsius network. Celsius network gives you a certain interest as profit on every deposit you make into its platform. Unlike other networks, it charges no extra fee for withdrawal or deposit. Those with over 15% investment earn more profits. Quite an incentive for you to open a new account today.
COLLECTING LOAN ON CELSIUS NETWORK
The platform provide loans of any value to all their customers as long as the corresponding value of collateral in form of cryptocurrency is met. The CEL tokens allow good rates for loans on the system.
HOW CELSIUS NETWORK DETERMINE SERVICE RATES
Due to regular increases and competition in the markets, the Celsius network adjusts service rate weekly. Most of these profits are returned to the market to trade.
MERITS AND DEMERITS OF USING THE CELSIUS NETWORK
Their major aim and objective are to provide an equal financial opportunity for all in the crypto world.
Merits of Celsius Network
- Deposits and withdrawal are not limited to this platform, without charging extra fees for them.
- It gives regular interest rate pay-out to all investors.
- This network provides an opportunity to transact with other cryptocurrencies without extra charges or issues.
- The customer support service is available 24/7, and are easily contacted for any support.
- The platform is available in many countries.
Demerits of Celsius Network
- Transactions must be made in CEL tokens before a user can earn interest and bonus.
- As an investor, you are only allowed to own one crypto wallet address for all your transactions. If you wish to change your wallet address, it takes about 24hrs for a complete activation.
- To register, all your necessary means of identification and details must be completely verified.
All these are what makes Celsius Network stand out in the cryptocurrency market along with its cons which are attempts to provide maximum protection and satisfaction for all investors and to avoid dubious acts.
FREQUENTLY ASKED QUESTIONS ABOUT CELSIUS NETWORK
- Q: Is it safe to trust the Celsius network?
After many years in the market with good recommendations and quality service, it is arguably the best and safest cryptocurrency platform for all investors at all levels. The platform protects against cyber threats. The system provides a 2-way verification method for maximum security.
- Q: How to get a loan with Celsius Network?
Celsius network gives loans to all investors as long as they own a CEL token. Customers are even give discounts on all loans.