What is Celsius (cel)?

(CEL) | Kraken What is Celsius? (CEL) Celsius network is a regulated, SEC compliant, lending platform that enables users to receive interest on deposited cryptocurrencies or take out crypto collateralized loans.

What cryptocurrencies does Celsius Network support?

Long story short, the more CEL tokens are held on the platform, the greater the benefits. Celsius Network supports over 30 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Uniswap (UNI) and Chainlink (LINK), as well as some stablecoins like Tether (USDT), USD Coin (USDC) and Tether Gold (XAUT).

What happened to Celsius's cel token?

Crypto Lending Service Celsius Pauses Withdrawals, Citing ‘Extreme Market Conditions’. After the news broke, the price of Celsius’s CEL token dropped by more than 50%. Celsius Network is a regulated, SEC-approved lending platform that allows customers to earn interest on their crypto deposits or take out crypto-collateralized loans.

Where can I find updates on Celsius Network?

For more regular updates from the Celsius Network team, you can bookmark the Celsius Network Blog, which includes weekly updates, new offerings, and explanatory articles. Who Created Celsius? Incorporated in London in 2017, Celsius Network was founded by Alex Mashinsky, S. Daniel Leon, and Nuke Goldstein.