Celsius is a crypto wallet where you can deposit your coins and earn interest.
You can either earn interest in the same coin you deposit. As in deposit BTC and earn BTC interest. Or you can earn interest in CEL tokens and earn 25% more, provided it’s available in your area.
I started testing out and writing about Celsius a few months back. I liked it then and still like it now.
Right now there’s 16 crypto assets available on Celsius.
The rates range from 2.5% to 8.1%. And those rates are subject to change once a week.
Likewise, you get your interest payments every week on Monday.
What I like is you can deposit the major stablecoins, USDC, DAI, TUSD, PAX, and GUSD and earn 8.1% right now.
That beat the pants off any bank.
Check out the Celsius Wallet today.
(Full disclosure that’s a referral link)
Use my referral link to buy Bitcoin, Ethereum, and Litecoin at:
Will explore this. I have been using and am happy with Blockfi, which pays 6.2% compounded monthly on Bitcoin (and Ethereum)
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I haven't used Blockfi... but I never lend out my BTC
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Very interesting. Especially the stablecoin note. Thanks for the share.
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Your welcome!
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Is it KYCed?
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Yes. Also, keep in mind it's centralized too so you don't have the private key.
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You received a 20.00% complementary upvote from @swiftcash 🤑
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