spot_img
17.4 C
London
Sunday, May 22, 2022

Celsius Network Wallet Review: It Is Safe Or Legit Wallet

- Advertisement -
binance 728x90 banner

About Celsius Network

Celsius Network is a blockchain-based cryptocurrency lending platform. It has been offering its services since 2017 and is currently a leader in this space. Celsius Network, a crypto lending platform, offers various financial services. It is primarily known for offering Bitcoin loans at the best rates. The platform also has its native cryptocurrency token (CEL), further explained in this review.

Since 2018, the rise of Celsius Network Wallet and CEL tokens has been quite phenomenal. The founders of this platform are, S. Daniel John, Alex Mashinsky, and Nuke Goldstein, are operating this platform from London, UK. As of 2020, the company has successfully raised nearly $100 million of investment funds.

Celsius Network economy where financial freedom doesn’t come with a price tag. Where the interests of the people are put first. Where ethical behavior is the baseline, and where everyone – and they mean everyone – has the opportunity to succeed financially. With a little bit of humanity and honesty, and the power of a digital currency that’s as strong as it is accessible, we’re ushering in the new economy today.

Celsius Network Wallet is proud to provide a platform of curated services that have been abandoned by big banks – things like fair interest, zero fees, and lightning quick transactions. The goal is to disrupt the financial industry, one happy user at a time, and introduce financial freedom through crypto.

Basic Information

KeyDetails
Vendor NameCelsius Network
Support CurrencyUSD, EUR, AUD, CAD, and more
Founded2017
Platforms Android, Google Play
ValidationSPV
Ease of UseEasy
Anonymity Medium
Wallet HQ LocationLondon, United Kingdom
Listed At Altwow25/09/2021
Official Wallet WebsiteClick Here To Visit Wallet Website

How To Install Celsius Network?

Step 1

First Download Celsius Network Wallet Wallet App From App Store For Example ( Google Play, Or Apple Store. You Get Official Download Wallet Link At Celsius Network Wallet Website.

Step 2

Once You Successfully Installed Wallet.Than Start Creating Wallet By Filling Necessary Data Which Required By Wallet Like – Name , Email, Password Etc.

Step 3

Download The Keystore File. This File Enable Or Allow You To Decrypt Your Wallet Just Alike Private Key Does, So If You Lose It Or Someone Gains Access To It, Your Coins Are Locked. Save This File On A USB Stick, Put It In A Ziploc Bag Or Waterproof Container, And Store It In A Safe Place .

Step 4

Many Wallet Offer Private Key Features. If Celsius Network Offer Private Ket Features Than Follow This Guide – Snap “I Get, Proceed” And You Will See Your Private Key. Spare This Key By Printing Your Paper Wallet. Store This In A Safe Place For Example In Almira Or Any Zip Locker.

Step 5

Once You Follow All Above Guidelines Than Your Wallet Successfully Setup. Now It Is Time To Store Coin.

Celsius: Earn & Borrow Crypto

Welcome to the Celsius secure crypto app – a platform Built by HODLers, for HODLers, that lets you earn and borrow over 30 different cryptocurrencies.

Manage your crypto portfolio and earn compounding rewards (up to 15% APY!) in Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and many other crypto coins! Qualifying users can get instant approval for dollar or stablecoin crypto loans. The best part … you’ll never pay any fees! Celsius covers all network costs and will never charge transfer fees, origination fees, or withdrawal fees.

The trusted crypto platform always has your best interest in mind. Enjoy a new wave of financial crypto services to help you join the 1% and expand the crypto community.

Manage all your digital currency in one place

Join Celsius Secure crypto platform and complete a quick registration to be able to transfer crypto coins and start earning rewards right away. You can now buy and track your favorite coins inside the app and grow your portfolio even more. Use fully functioning crypto app & crypto lending platform to transfer and withdraw your Ethereum, Bitcoin, and over 30 other cryptocurrencies, free. Zero fees.

Transfer crypto to friends in seconds with Celsius app!

Your digital assets – Your way! With Celsius secure crypto platform you can buy, earn, withdraw and transfer all your tracked cryptocurrencies in no time, anytime!

Earn CEL Tokens on your current holdings

CEL Tokens is a utility token that gives you access to higher rates on earnings and lower rates on loans. Choose to earn your weekly rewards in CEL tokens and receive up to 25% more rewards on all non-CEL coins.

Let your cryptos work for you

Stablecoins are now earning up to 13% APY! Celsius supports 11 stablecoins and counting, which means you can earn best rates on any amount of digital dollars!
Celsius is your trusted cryptocurrencies lending platform for the best rates and safest crypto transfers.

Be a part of the best crypto community online!

Join the 500,000+ Celsians that are already earning more APY on their crypto and enjoy real time community insights!

Celsius secure crypto platform Features:

✔️ Celsius Web App – now you can access your Celsius account anywhere, anytime, and on any device! Track your crypto balance, rewards, and easily measure your success with Celsius!
✔️ Transfer your crypto capital (in over 30 cryptocurrencies!) to your Celsius account
✔️ Earn weekly on your crypto – up to 15% APY (paid every week)
✔️ Access promo codes and earning deals and earn even more on your cryptos
✔️ Check your potential return on your crypto holdings with Celsius currency calculator
✔️ Apply for a cash loan against your crypto in just seconds
✔️ Check bitcoin price, Ripple rates and the status of other cryptocurrencies on your crypto portfolio

Celsius Network Fees and Account Minimums

One of the things that makes Celsius Network so beginner-friendly is that there’s no account minimum and no hidden fees. Celsius generates its profits through its lending activities, so it has no need to nickel and dime its users.

With that said, you will have purchasing limits depending on how you buy your crypto in the app. If you’re using Wyre, you have a weekly maximum of $5,000 and a monthly maximum of $20,000 on bank transfers. Coinify has a 50,000 EUR daily maximum on bank transfers and a 1,000 EUR daily maximum on credit card purchases.

FeatureCelsius Network
Minimum Deposit$0
Withdrawal Fee$0
Loan Origination Fee$0
Early Termination Fee$0
Deposit Fee$0

Celsius Customer Support

Celsius is going through some growing pains, and as a result, customer support has been a little slower to respond. However, the company is extremely responsive on social media—on Twitter and Reddit, in particular. It is also taking steps to expand its customer service team, so the level of support is expected to improve.

For that reason, we give it 4 stars for its willingness to be proactive on this front where many other startups wait too long to build out their customer service department. In the meantime, we recommend reaching out via its social media channels if you’re not getting the rapid response you need through its customer support channels in the app. 

U.S. Customer Support Number(201) 824-2888
U.K. Customer Support Number+44 2033 185636
U.S. Customer Support Email[email protected] 
U.K. Customer Support Email[email protected] 
Israel Customer Support Email[email protected] 
Twitter@CelsiusNetwork 
Redditr/CelsiusNetwork

Celsius Network Wallet Review

6.7

Secure Wallet

6.5/10

Easy To Setup

7.0/10

Support

6.5/10

Pros

  • Rewards of up to 15% APY paid out weekly
  • Easy-to-use mobile platform
  • Available in over 100 countries
  • Instant, fee-free payments using CelPay

Cons

  • Minimal educational resources
  • Limited to cryptocurrencies
- Advertisement -spot_imgspot_img
Latest news
- Advertisement -binance
Related news