What is Celsius & how does it work?

Learn more here. Celsius was a cryptocurrency saving and lending platform that allowed users to earn interest on the crypto, take loans using their cryptocurrency as collateral, and more. On June 12, 2022, Celsius announced that they were pausing withdrawals, transfers, and swaps for customers.

What units make up the Celsius scale?

The units that make up the Celsius scale are degrees Celsius, written as o C. For example, the temperature 23 degrees Celsius would be written as 23 o C. Anders Celsius, a Swedish astronomer, invented the early version of this temperature scale in 1742. Interestingly, the scale he invented was an inverted version of what the Celsius scale is today.

How do you convert Fahrenheit to Celsius?

If you’re traveling to a country that measures temperature differently from yours, it’s helpful to know the conversion rates for Fahrenheit to Celsius and Celsius to Fahrenheit. To convert a temperature from Fahrenheit to Celsius, subtract 32, multiply by 5, and divide by 9. To convert from Celsius to Fahrenheit, multiply by 1.8 and add 32.

Are Celsius rewards available for US crypto holders?

Unfortunately, CEL rewards are not currently available for U.S. crypto holders. This means that U.S. residents won't able to take advantage of the best rates that Celsius has to offer. For example, the "in-kind" rewards rate that Celsius currently pays for Synthetic Network Token (SNX) is 14.05% APY.