Celsius is a DeFi or decentralized finance platform that provides services focusing on loaning, staking, and lending. It also gives rewards and promotions as soon as you sign up and transfer funds to the platform. So, it can be a good choice for those who are looking for passive income. In addition, Celsius doesn’t charge any transfer fees, origination fees, holding, withdrawal, or gas fees whatsoever. Curious about the platform? Read our Celsius crypto review to learn more.

Celsius is a platform for individuals and businesses, and it provides services for those who want to buy crypto, hold, swap, borrow, and earn.

It is a terrific choice for those who search for passive income. Nowadays, the company claims to have 1.7 million people using its platform.

Besides the fact it offers promotion codes for new users, this DeFi service allows you to earn up to 17% APY depending on the cryptocurrency you hold.

Also, it has its own token (CEL) that allows you to earn higher rewards rates and discounts on loan rates.

However, unfortunately, the token is not available for everyone in the U.S., only eligible investors and international-based users.

The borrowing service is also fantastic. You can enjoy its low-interest rate offered, which starts at 1% APR.

The loans are easy to get in only four steps, and it supports more than 40 cryptocurrencies as collateral. 

Using the platform via web or mobile app, you can also buy, hold, and swap crypto, although the trading function is not as robust as other services.

Furthermore, Celsius doesn’t charge any fees for transfers, loan origination, gas, withdrawal, or minimum balances.

The app is safe and easy to use. And the CelPay task allows you to receive or send payments directly through the app.

Celsius is definitely a fantastic choice if you are a beginner or an investor looking to earn a high yield on cryptocurrency or even pay a lower interest rate for borrowing. Check out how to get started with it!