Celsius Price

Celsius Network is a cryptocurrency lending platform that enables users to earn interest on their deposited cryptocurrencies while allowing borrowers to secure loans using their digital assets as collateral. The platform is designed with the intention of simplifying the complexities often associated with banking in the cryptocurrency realm, making it accessible and user-friendly.

Upon depositing various cryptocurrencies, such as Bitcoin and Ethereum, users can earn attractive interest rates. Conversely, retail and institutional borrowers can access loans without undergoing rigorous credit checks, as loans are secured using the borrowers' cryptocurrency holdings.

Celsius aims to provide transparency and nurture a community-focused financial environment by returning a significant portion of its revenue - up to 80% - to its users in the form of interest payments.