Celsius Network Navigation Guide

By 💡Smart Crypto School💡 | SmartCryptoSchool | 30 Jul 2020

What is Celsius Network?

Celsius Network is a lending company that offers borrowing and lending cryptocurrencies with interest rates as low as 4.95% APR. It is similar to putting your money in a bank and earn interest on your money every week. It doesn't like other crypto lending companies, Celsius will not check your credit checks and will grant your request in minutes.

Celsius Network lets you buy coins, earn interest on your crypto and instantly borrow dollars at 1% APR against it. No fees ever.

Source: Celsius Network

1. Deposit your holdings in Celsius Application.

2. The company will loan those funds into institutional borrowers and retail.

3. You will get your interest every monday from those loans and activities. Celsius has a return of 80% to users from company revenue.

Celsius network lowered its backed up loan at a minimum of $1000.

Celsius Network Referral and Loan promotions.

Earn $100 when you take a loan of $3000 and another $100 for referring a friend to Celsius and to take a loan.

CelPay

Source: Celsius Network Medium

CelPay is an application which you can use to send and receive supported cryptocurrency funds. You can send in message, link or in app and it doesn't charge you any fees.

Is Celsius Network safe to use?

Celsius Network is very safe to use. It is founded by Alex Mashinky (CEO) and Daniel Leon (COO) in 2017. Mashinky known for his Free Wifi in US Flights and New York City Subways. Celsius Network is a custodial wallet platform. You should note that the company has a control on your keys on each of your wallets.

Celsius Network Customer Support

Customer Support on Celsius Network is 100%. It has 24/7 customer support that you can contact anytime. Faq's that will answer the most questions on every beginners.