Buy, Sell, & Trade CEL
Exchange CEL with USD and Cryptocurrency
With loans and deposits, Celsius offers a banking system for crypto owners. For loans, you will use your cryptocurrency as collateral. Deposits provide a source of passive income with high interest rates. Celsius also has a rewards program — the more CEL you own, the more interest and discounts you will receive.
CEL is the currency that keeps Celsius running. Buy CEL on Rubix to enter the network, then use it to collect interest, sell it for cash or trade it with another person.
Essentially, Celsius is a bank for cryptocurrency. You can deposit cryptocurrency and earn interest, which provides a source of passive income. Celsius also provides loans with minimal fees and interest rates. By using cryptocurrency as collateral, you can take out loans for fiat currencies and stablecoins. Some interest rates are as low as 1% APR.
CEL is the native cryptocurrency of the Celsius network. Owning a certain amount of CEL grants you access to the Celsius loyalty program, which offers up to 25% interest rewards and a 25% loan discount. To qualify, you will need a certain ratio of CEL compared to the rest of the currency in your portfolio. Tiered rewards provide higher discounts and interest rates as you accumulate more CEL tokens.
Who created CEL?
In 2017, Alex Mashinsky and Daniel Leon created Celsius. After raising $100 million in funding, they officially launched Celsius in 2018. Since then, Celsius has gained over a million users, joined centralized and decentralized exchanges, and started supporting over 40 assets. The CEL maximum supply is nearly 700,000,000 tokens.
How do I exchange and trade Celsius?
Contrary to popular belief, you do not need thousands of dollars in Bitcoin and years of experience to join a CEL exchange. All you need to do is sign up for a platform like Rubix, deposit funds in your account and buy CEL from the exchange. Even if you buy only a single token, you are part of the CEL network. Now you can buy, sell and trade CEL whenever you want.
To get started, check out Rubix to see if it is the right fit, then sign up for an account. From there you can view the market charts and start trading.
Exchange CEL using Rubix
To use the Rubix app, simply sign up for an account and start trading. The platform displays your portfolio value and market prices at a glance, making it particularly valuable for short-term traders. If you are a long-term trader, you can add more assets to your portfolio and continue accumulating and holding, or sell and trade your cryptocurrencies. Use the timeline options to see the market at different time frames, like the past month or 24 hours.