We love Celsius Network.
We love what Alex Mashinsky is doing for the crypto community. He is a trailblazer for the whole space, not just his company: Celsius Network.
Now Alex is disrupting the lending space. He may have started out by disrupting the crypto lending space but the speed at which Celsius Network is going - we would not be surprised if he ends up shaking the whole Lending industry.
Disruption 1: Reward the users
While most companies need you to hold tokens to earn interest or dividends on the platform, Celsius Network pays interest to the USERS! How do you make crypto adoption possible? By rewarding the users not the 'HODLers'. This is exactly what Alex's team has been doing.
Disruption 2: Pay the best interest in the space
Celsius pays the best interest in the crypto lending space. And Alex's announcement last night about increasing the interest on Stable coins to 10% and 8.1% on BTC is just mind boggling - and one that competitors may not be able beat, at least not at the moment.
Disruption 3: Distribute 80% profits back to the community
The reason Celsius Network is able to pay more than the crypto lending industry averages is because they share 80% of their profits back to the community of users who are making the adoption of cryptocurrency possible. Genius, if you ask us.
Disruption 4: Get rid of fees
Their website proudly showcases how old the concept of 'charging fees' is and how they are getting rid of it.
Disruption 5: Beat your own best interest rate
As mentioned before - Celsius pays highest interest rate in the crypto lending space, now, they are beating their own best rates. According to Alex's LinkedIn post - they are increasing their interest rates on Stable Coins and BTC starting February 1st.
Do your part - help Celsius build the critical mass
If you have not already joined Celsius Network - check it out. Of course, we appreciate if you use this referral code (that gives you $10 in BTC when you deposit $200 in your account) - but beyond that - you will be part of a movement that is disrupting not just the crypto lending space but lending space itself. Join the movement and be part of the disruption.
Our referral code [Thank you] - https://celsiusnetwork.app.link/1868521cd0
Our EXCLUSIVE interview with Alex Mashinsky
Disclaimer: We do not own any CEL Tokens, however, we use Celsius Network App ourselves and love the simplicity of it. Our opinions may be biased because of this. Everything in this article is an opinion, not an advice of any kind. Seek professional help for advice.
