CELSIUS NETWORK LENDING APP REVIEW | EARN $20 USD IN BTC FOR EVERY INVITE! | CRYPTO WALLET

Celsius Network is a cryptocurrency application where you can securely purchase, sell, and store your coins, plus you can gain weekly interest without lock-ups on your tokens! Yeah, you've heard it right! Without having it on hold, you can retain your crypto assets on the app just to receive interest from it. There are 30 + cryptocurrencies listed on the app on the Celsius Network and annual interest depends on what coin you are going to carry. It also enables users to borrow fiat or stablecoin as collateral with a 1 percent cash loan using your cryptocurrency. Their aim is to encourage individuals to be "unbanked" and to be able to earn more from their crypto-asset.

Photo Courtesy: Celsius Network

For nearly two years now, as a crypto investor, I can say that Celsius Network is one of the best applications I have tried. Without worrying and getting it locked up, you can use it to keep your money and gain good interest, not like other crypto apps or exchanges. They have a token of their own that is called Celsius.

HOW TO MAKE USE OF THE APPLICATION?

I'll be browsing the Celsius Network App in this video and will try to show you the features of it. I will also answer how it operates and how the software can be used. Find that out!

HOW TO STAKE ON CELSIUS NETWORK?

It will automatically gain weekly interest when you place your cryptocurrency on the app. To earn weekly interest on your coins, this will be an auto-staking for you. The interest will depend on the coin you put on, and on a weekly basis, it will be attributed to you. For the same coin asset you have invested in, interest is paid. Watch this video to learn how to invest in the Celsius Network.

HOW TO GET A LOAN ON CELSIUS NETWORK?

It is easy to get a loan on the app. They also have a calculator for you to recognize the amount of coins you need as leverage for the amount you are going to borrow. Depending on your option, stablecoin and fiat can be loaned. Right now, you can borrow TrueUSD (TUSD), Gemini Dollar (GUSD), Paxos Standard (PAX), USD Coin (USDC), Tether (USDT), and Multi-collateral (DAI) available stablescoins. You can loan US dollars to Fiat.

I will show you the correct procedure for getting a loan on the Celsius Network in this video. I will also explain how the collateral should be measured and how much you will need for each loan.

EARN $20 FOR EVERY INVITE

Celsius Network has recently revealed that, if you successfully invite anyone, they have increased referral rewards from $10 to $20 USD worth of BTC. The conditions are when the first payment of $200 or more is made by a new user using your referral code at the time of sign-up. After 30 days of the initial transfer, the Bitcoin ( BTC) reward is activated.

Actually, this is a very generous act from them as any cryptocurrency wallet or app doesn't even offer incentives to sign up! And another thing is, if you don't use a referral code, you're just not going to get a $20 bonus. To help our channel, you can use our referral code: [124702cd4b]

SIGN UP HERE: CELSIUS NETWORK