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Rank #134
Celsius Network Price (CEL)
Celsius Network (CEL)
$0.845250 -0.9%
0.00002772 BTC -2.6%
0.00040309 ETH -4.1%
44,010 people like this
$0.814991
24H Range
$0.862930
Market Cap $357,839,257
24 Hour Trading Vol $1,273,547
Circulating Supply 423,415,980
Total Supply 693,342,889
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CEL
USD
USD

Celsius Network Price Chart (CEL)

Live Chart

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1h
24h
7d
14d
30d
1y
0.7%
-0.9%
-47.6%
-59.5%
-60.5%
-87.6%

CEL Price Statistics

Celsius Network Price Today
Celsius Network Price $0.845250
Celsius Network ROI 181.7%
Market Cap $357,839,257
Market Cap Dominance 0.03%
Trading Volume $1,273,547
Volume / Market Cap 0.0036
24h Low / 24h High $0.814991 / $0.862930
7d Low / 7d High $0.608526 / $1.57
Market Cap Rank #134
All-Time High $8.05 -89.5%
Jun 04, 2021 (12 months)
All-Time Low $0.026202679501 3120.1%
Dec 07, 2018 (over 3 years)

CEL Price Today

Celsius Network price today is $0.845250 with a 24-hour trading volume of $1,273,547. CEL price is down -0.9% in the last 24 hours. It has a circulating supply of 420 Million CEL coins and a total supply of 693 Million. If you are looking to buy or sell Celsius Network, Bitstamp is currently the most active exchange.

What was the highest price for Celsius Network?

Celsius Network hit an all time high of $8.05 on Jun 04, 2021 (12 months).

What was the lowest price for Celsius Network?

Celsius Network had an all time low of $0.026202679501 on Dec 07, 2018 (over 3 years).

What was the 24 hour trading volume of Celsius Network?

The 24 hour trading volume of Celsius Network is $1,273,547.

Where can Celsius Network be traded?

You can trade Celsius Network on Bitstamp, Bitstamp, and Decoin.

What is Celsius Network?

Celsius Network is a P2P lending platform allowing users to borrow and lend cryptocurrencies. The system is based on the Celsius Network native token, CEL.

By using their cryptocurrencies as collateral, borrowers can easily have access to fiat currencies with a small interest rate without the need to sell their cryptocurrencies. 

Lenders are paid an interest rate for the cryptocurrency that was deposited in their Celsius Network wallet.

How does it work?

Users can earn interest by depositing cryptocurrencies into Celsius Network. The interest is paid weekly and users have the option to withdraw at any time. To make things better, users are not charged whenever they deposit or withdraw funds. 

Users can also earn “Bonus Interest” through the Celsius Loyalty Rewards. For example, if the overall wallet balance has 20% in CEL tokens, users will be deemed as a Platinum Celsius member, thus obtaining a 30% Bonus Interest and 30% Loan interest discount.

Is it safe to store your cryptocurrencies with Celsius Network?

To protect assets that are deposited in the platform’s cold wallet, Celsius Network has partnered with BitGo. Through this, BitGo will cover any losses by offering up to $100 million in insurance for these assets. 

It is also worth noting that the company does not directly grant insurance on crypto deposits. In other words, during the event of a cyber attack, users are vulnerable to losing their assets­. In those situations, Celsius Network promises to use its balance sheet to offset the damages to its clients. However, their Terms of Use do not guarantee the return of funds in the case of a breach. 

Background

Celsius Network was founded by Alex Mashinsky in 2017. The company exists based on the fundamental idea of decentralization by allowing people to unbank themselves and substituting the existing financial structures with a new model.

To learn more Celsius Network, you may watch an interview of Alex Mashinsky by Altcoin Buzz below:

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