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Celsius' Temperature Rises, in Coin Deposits and Coin Loan Origination of course
Summary: Over a 12 months period Celsius Network, a crypto lending and borrowing platform, has surpassed $300 million in coin deposits and completed over $2 billion in originated loans. Celsius began their lending operation on July 2018 and has originated a worth of over $2.2 billion in coin loans, while their assets under management have surpassed ...
Over a 12 months period Celsius Network, a crypto lending and borrowing platform, has surpassed $300 million in coin deposits and completed over $2 billion in originated loans. Celsius began their lending operation on July 2018 and has originated a worth of over $2.2 billion in coin loans, while their assets under management have surpassed $300 million. Celsius users can earn interest by transferring their coin into the Celsius Wallet and borrow U.S. dollars against their crypto collateral. With the motto "Unbank Yourself," the company strives to put its customers' interest first and has proven true to its word by returning up to 80% of its revenue to depositors. A statement from a press release from Celsius Network follows, "Celsius paid more in earned BTC and ETH than anyone returning up to 80% of its revenue to depositors, compared with Binance BNB returning 20% of profit as buyback and Nexo distributing 30% as a dividend."
Author: Sofia Cabrera
Tags: "Unbank Yourself",Celsius Network,Celsius Wallet,Crypto Borrowing,Crypto Lending
Link: Celsius' Temperature Rises, in Coin Deposits and Coin Loan Origination of course [Copy]
