What is Celsius (CEL)? The Leading DeFi Platform for Earning and Borrowing Digital Money

Check Today's Crypto Market:

Bittime - Celsius (CEL) is a leading decentralized finance (DeFi) platform, opening the gateway to a more accessible and rewarding world of digital finance for everyone. This platform offers a variety of innovative products and services.

What is Celsius (CEL)?

Celsius (CEL) is a decentralized finance (DeFi) platform that allows users to borrow and earn cryptocurrency at competitive interest. Celsius offers a variety of products and services designed to make cryptocurrency more accessible and useful for everyone.

Celsius (CEL) Key Products & Features

• Celsius Earn: A platform that allows users to store cryptocurrency and earn competitive interest.
• Celsius Borrow: A platform that allows users to borrow cryptocurrency collateralized by other cryptocurrencies.
• Celsius Custody: A secure custodial storage service for cryptocurrencies.
• Celsius Swap: An integrated cryptocurrency exchange service.
• Celsius Mobile App: A mobile application that allows users to easily manage their Celsius account.

What is Celsius Token (CEL)?

CEL is Celsius' native token used for:

• Increase interest rate: CEL holders can increase the interest rate they earn on Celsius Earn.
• Reduced borrowing costs: Celsius (CEL) holders can reduce their borrowing costs at Celsius Borrow.
• Gain access to exclusive features: CEL holders can gain access to exclusive features such as Celsius
• Participate in governance: CEL holders can participate in Celsius governance and vote on proposals related to platform development.

Also read:

Tokenomic Celsius (CEL)

• Total Supply: 695,658,160 CEL
• Circulating Supply: 238,863,520 CEL
• Max Supply: 695,658,160 CEL
• Market Cap : IDR 721,747,880,610 (as of 25 February 2024)

Celsius Fundamental Analysis (CEL)

• Advanced Technology: Celsius uses secure and tested blockchain technology.
• Experienced Team: The Celsius (CEL) team consists of financial and blockchain experts with extensive experience.
• Growing Community: The Celsius community continues to grow with active and supportive users.
• Strategic Partnerships: Celsius has established partnerships with several leading blockchain companies .

Comparison of Celsius (CEL) & Competitors

Founder & Team Celsius (CEL)

• Alex Mashinsky: Founder & CEO
• Shlomi Daniel: CTO
• Nuke Goldstein: COO

Conclusion

Celsius (CEL) is a leading DeFi platform with a variety of attractive products and services. Celsius offers an easy and safe way for users to borrow and earn cryptocurrency at competitive interest rates.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via  Bittime .  Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on  Bittime ,  make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into  your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn  Complete Guide How to Buy Crypto on Bittime .

Monitor price chart movements  for Bitcoin (BTC) ,  Ethereum (ETH ) ,  Solana (SOL)  and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also Read:

What is IDEX (IDEX)? Advanced DEX Solution for a Safe and Efficient Trading Experience

What is Litentry (LIT)? Future Digital Identity Solutions in the Web 3.0 Era

What is Reserve (RSV)? New Challenger in the Stablecoin Battle

DISCLAIMER: This article is informational in nature and is not an offer or solicitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.