Celsius: earn up to 17% yield on your crypto

Celsius: Earn up to 17% on your Crypto Assets

9.1 out of 10
Celsius

The Celsius Network is a fintech network that provides interest-bearing savings accounts, borrowing, and payments in both digital and fiat currencies. It operates on an economic approach that challenges traditional banking models while putting the Celsius community first.

Performance
6.5/10
Ease of Use
10/10
Stability
10/10
Pricing
10/10

Pros

No lockups

Weekly payouts

Borrow at 1% APR

Cons

APY could be higher

25% CEL Token Holdings for Platinum

What is Celsius?

Celsius Network is a democratized interest income and lending platform accessible via a mobile app. Built on the belief that financial services should only do what is in the best interests of the community, Celsius is a modern platform where membership provides access to curated financial services that are not available through traditional financial institutions. Crypto holders can earn interest by transferring their coins to their Celsius Wallet and borrow USD against their crypto collateral.


How To Get Started With Celsius?

  1. Create your account
  2. Transfer your assets or top-up via Credit Card
  3. Start earning up to 12%

Celsius Cryptocurrency Interest Account

Similar to a conventional savings account, Celsius allows you to earn interest on your assets by lending them to retailers, businesses, and institutions.

Your interest rate is determined by:

  1. Reward Status, which in turn depends on the ratio of CEL Tokens against the balance of other assets in your portfolio. The requirements for each tier are as follows:
    • Bronze:  5%-10% of the portfolio balance in CEL Tokens.
    • Silver: 10%-15% of the portfolio balance in CEL Tokens.
    • Gold: 15%-25% of the portfolio balance in CEL Tokens.
    • Platinum: 25%-100% of the portfolio balance in CEL Tokens.
  2. The type of interest payout you choose:
    • Earning ‘in kind’ means you receive your interest payments in the currency you’re earning on.
    • Earning in CEL means you receive interest payments in CEL Tokens and benefit from an additional interest on all your holdings.

Earn on Crypto is available for BTC, ETH, LTC, XRP, EOS, XLM, BCH, USDT, USDC, TUSD, DAI, USDP, LINK, TRX, PAXG, BNB, DOT, DOGE, ADA. Full list available at: https://celsius.network/earn-rewards-on-your-crypto

Coin NameIn-CEL Reward Rate (APY)In-kind Reward Rate (APY)
Stablecoins
TUSD12.68%10.02%
GUSD12.68%10.02%
PAX12.68%10.02%
USDC12.68%10.02%
TUSD12.68%10.02%
TGBP12.68%10.02%
TAUD12.68%10.02%
THKD12.68%10.02%
TCAD12.68%10.02%
BUSD12.68%10.02%
ZUSD12.68%10.02%
MCDAI5.78%4.60%
Cryptocurrencies
SNX17.78%13.99%
MATIC11.36%8.99%
DOT11.20%8.86%
BNB8.46%6.71%
BNT6.92%5.50%
LUNA6.35%5.05%
CEL4.86%
AAVE6.11%4.86%
DASH5.78%4.60%
COMP5.78%4.60%
BCH5.66%4.51%
EOS5.60%4.45%
SUSHI5.19%4.13%
1INCH5.19%4.13%
ADA5.10%4.06%
ETH6.72%Up to 100ETH
4.42% Over 100ETH
5.35%Upto 100ETH
3.52%Over 100ETH
BTC4.40%6.20%Upto 1 BTC
3.51%Over 1 BTC
LTC4.08%3.25%
ETC3.77%3.00%
LINK3.77%3.00%
XRP3.13%2.50%
UNI3.13%2.50%
BSV2.53%2.02%
ZEC2.53%2.02%
ZRX2.21%1.77%
XLM1.26%1.00%
BAT1.26%1.00%
UMA1.26%1.00%
OMG0.63%0.50%
KNC0.63%0.50%
MANA0.63%0.50%

Pros

No fees

Everything Celsius does is designed for unparalleled access to fair, rewarding financial services. Fees hold people back, so Celsius removed them.

High yield interest of up to 17%

Celsius provides its customers with an unmatched 12 percent annual return on stablecoins (such as USDT, USDC, TUSD, USDP, DAI) and fiat savings, as well as up to 8% on other cryptocurrencies such as BTC and ETH. Send your passive assets to Celsius and let them work for you without locking them up because Celsius allow you to withdraw them at any moment.

Capital gains tax optimization

Avoid paying capital gains taxes. When you take out a crypto loan and spend it, you avoid paying capital gains taxes, which are otherwise due when you sell your crypto in many countries.

Borrow at 1% APR using your crypto

  • Zero origination fees
  • No credit checks
  • Lowest industry rates
  • Easy refinance options

That means you could borrow $1,000 or more today and pay only $10 (or less!) in interest for the year. Borrowers that choose to pay back their loan in CEL tokens can pay up to 30% less in interest with rates as low as 0.7% APR for platinum CEL holders!


Cons

Keep 25% CEL token in portfolio to get up to 25% more rewards

You will need to stake CEL Tokens to be eligible for higher interest rates. In other words, you have to be in the Platinum tier to get bonus rewards. More info at: https://celsius.network/cel-token-explained.

Celsius reward status

Free $50 Bonus Offers

Celsius is currently giving the following promotion to new users. When you open a new account, complete advanced verification, and deposit at least $400 in any supported asset on the site, you will receive $50 in BTC. You must keep the minimum of $400 for at least 30 days.

Frequently Asked Questions (FAQ)


Leave a Reply