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Celsius

Celsius (CEL)

$ 0.01
-0.52 %
Main info
News
Comments
Markets
Analytics
Market cap
$224.61K
-0.52 %
Volume (24h)
$4.56K
-0.52 %
Circulating supply
37,720,111 CEL
Total supply
37,720,111 CEL
Max. supply
695,658,160 CEL

About Celsius

Overview

Celestial coin is cryptocurrency or a digital asset that substitutes actual currency or FIAT currency. We are a decentralized entity without the hassles and the regulations that entail a traditional bank. Celestial coin has no centralized governing body over it to who decide to mint the tokens or coins, there are only a set amount if Celestial coins in the market that will be provided to the public. Your celestial coin account can never be frozen or shut down by any federal agency in the world.

History

The birth of Celestial coin is dated in the last quarter 2016, after a year after in 2017 Celestial coin is ready to change the cryptocurrency universe forever. Celestial coin has come up with a revolutionary technology to create a universal cryptocurrency market. With its unique algorithm and blockchain technology Celestial coin will provide a token platform that is accepted for all globally.

Company

The birth of Celestial coin is dated in the last quarter 2016, after a year after in 2017 Celestial coin is ready to change the cryptocurrency universe forever. Celestial coin has come up with a revolutionary technology to create a universal cryptocurrency market. With its unique algorithm and blockchain technology Celestial coin will provide a token platform that is accepted for all globally.

Vision

Celestial coin aims to create a global acceptance for cryptocurrency in the various sectors of business and world. We also want to create a celestial network that has the celestial currency as a FIAT currency and provide a safer and cheaper way of making payments around the globe.

Mission

Celestial coin bridges the gap between cryptocurrencies and customers globally. We cater to the customers who are hesitant and misunderstand the capability of digital currency to create awareness and acceptability for all cryptocurrencies.

Key data

updated $0
Market cap$224.61K
Volume 24h$4.56K
Circulating supply37.72M5% of max 695.66M

Celsius (CEL) is a utility token designed to power the Celsius Network, a decentralized lending and borrowing platform. The CEL token offers users benefits like higher interest rates on deposits and lower loan rates. It operates on the Ethereum blockchain via a smart contract.

Frequently asked questions

What is Celsius (CEL) and how is it different?

CEL is a utility token for the Celsius Network, which focuses on decentralized financial services like lending and earning interest. Unlike many cryptocurrencies, it’s tied to a specific platform offering real-world financial benefits.

How does Celsius technology work?

Celsius operates on Ethereum’s blockchain using smart contracts to manage lending, borrowing, and interest distribution. Its decentralized approach eliminates intermediaries, making financial services more accessible.

How is CEL issued?

CEL tokens are issued through smart contracts on the Ethereum blockchain. The total supply is capped, and tokens are distributed as rewards for using Celsius Network services.

How can I store and use CEL?

CEL can be stored in any Ethereum-compatible wallet. It’s used within the Celsius Network to access benefits like higher interest rates on deposits and discounts on loan fees.