Market Cap
$197,757,886.62
Volume (24 H)
$4,582,371.86
CEL with marketcap of BTC
$2,385.2595
Celsius / U.S. Dollar Tweet Timeline of CEL_alert

CEL Sentiment Score of CEL_alert

Tweets

@CEL_alert

🔥 100,620 $CEL (87,527 USD) burned today: https://t.co/yltGqTHZTX

May 13, 2022, 3:15 p.m.

@CEL_alert

Weekly snapshot for rewards Fri 5:00 am UTC: $CEL $1.00 $BTC $30,485 $ETH $2,088 $MATIC (Polygon) $0.69 Source: @coingecko Disclaimer: might differ from the official Celsius prices. Support us by signing on FTX: https://t.co/DuyRvzRVDP

May 13, 2022, 5 a.m.

@CEL_alert

500,000 $CEL (795,000 USD) transferred from unknown wallet - 0x845c to unknown wallet - 0x57e6 https://t.co/Ac6Ui9vue8

May 10, 2022, 12:25 p.m.

@CEL_alert

🔥 104,014 $CEL (213,229 USD) burned today: https://t.co/u4M17CLswU

May 6, 2022, 1:15 p.m.

@CEL_alert

Weekly snapshot for rewards Fri 5:00 am UTC: $CEL $2.03 $BTC $36,393 $ETH $2,743 $MATIC (Polygon) $1.07 Source: @coingecko Disclaimer: might differ from the official Celsius prices. Support us by signing on FTX: https://t.co/DuyRvzRVDP

May 6, 2022, 5 a.m.

@CEL_alert

🚨🚨🚨🚨🚨 5,034,178 $CEL (10,622,116 USD) transferred from FTX Exchange to unknown wallet - 0x845c https://t.co/dEfoevEklN

May 2, 2022, 7:25 p.m.

@CEL_alert

250,000 $CEL (530,000 USD) transferred from Celsius Network Wallet 5 to unknown wallet - 0xc04a https://t.co/gNj0CPK5TY

May 2, 2022, 4:30 p.m.

@CEL_alert

240,654 $CEL (510,187 USD) transferred from unknown wallet - 0x8e01 to unknown wallet - 0x4589 https://t.co/8XYXQhWoKj

April 28, 2022, 11 p.m.

@CEL_alert

🚨🚨 1,000,000 $CEL (2,090,000 USD) transferred from FTX Exchange to unknown wallet - 0x0000 https://t.co/H9lOYtlvrP

April 28, 2022, 6 p.m.

@CEL_alert

🚨🚨 1,000,000 $CEL (2,090,000 USD) transferred from unknown wallet - 0x0000 to unknown wallet - 0x0000 https://t.co/wZwf2zmUYs

April 28, 2022, 6 p.m.

@CEL_alert

🔥 105,826 $CEL (227,526 USD) burned today: https://t.co/74clo0SveK

April 26, 2022, 12:15 a.m.

@CEL_alert

Weekly snapshot for rewards Fri 5:00 am UTC: $CEL $2.12 $BTC $40,616 $ETH $3,011 $MATIC (Polygon) $1.41 Source: @coingecko Disclaimer: might differ from the official Celsius prices. Support us by signing on FTX: https://t.co/DuyRvzRVDP

April 22, 2022, 5 a.m.

@CEL_alert

🚨 850,320 $CEL (1,887,711 USD) transferred from unknown wallet - 0x48ac to FTX Exchange https://t.co/UTHUnRY7mE

April 20, 2022, 11:30 p.m.

@CEL_alert

🚨 850,320 $CEL (1,887,711 USD) transferred from unknown wallet - 0xab57 to unknown wallet - 0x48ac https://t.co/TYdGEJVDgL

April 20, 2022, 11:20 p.m.

@CEL_alert

300,000 $CEL (684,000 USD) transferred from unknown wallet - 0x845c to unknown wallet - 0x57e6 https://t.co/C4FXnKhtKB

April 19, 2022, 3:35 p.m.

@CEL_alert

🚨 510,672 $CEL (1,103,050 USD) transferred from unknown wallet - 0xae4f to unknown wallet - 0x77c8 https://t.co/pYl3WqfpsU

April 17, 2022, 2:50 a.m.

About Celsius

What Is Celsius (CEL)?

Celsius (CEL) is an all-in-one banking and financial services platform for cryptocurrency users.

Launched in June 2018, it offers rewards for depositing cryptocurrency, along with services such as loans and wallet-style payments.

Users of the platform receive regular payouts and interest on their holdings. Celsius’ native token, CEL, performs a variety of internal functions, including boosting user payouts if used as the payment currency.

Who Are the Founders of Celsius?

Celsius originally came into being as the product of creators Alex Mashinsky and Daniel Leon in 2017.

Mashinsky has a long-running history in the internet development sphere, having worked on the Voice Over Internet Protocol (VOIP) in the 1990s and other technologies since. Celsius is far from Mashinsky’s first corporate venture, with seven startups and 35 patents to his name, the project’s official website states.

Co-founder and COO Daniel Leon meanwhile has experience focusing on growing early-stage startups. His previous roles include being CEO of Atlis Labs, a social recommendation and discovery app which used real-time user referrals.

Celsius now has a large team of core employees, technical developers and advisors with experience in various spheres.

What Makes Celsius Unique?

Celsius aims to outperform banks at their own game by offering financial services on the kind of terms which traditional financial institutions no longer offer.

These include much higher rates of returns on savings and deposits, much easier and fairer loan requirements and automated rewards computed for each user algorithmically. Penalties and bank-style fees are also waived.

The platform also functions as a wallet via its CelPay feature, and hosts its own CEL token which users can leverage to increase payout value among other things.

As a for-profit company, Celsius takes a cut of profit margins on interest payments, still returning 80% to users themselves. The company also lends to institutional entities such as hedge funds.

Payments are ensured because loans are asset-backed, and any borrower must supply more than 100% of what they borrow in the destination currency.

Related Pages:

Read more about Electroneum here.

Read more about Stellar here.

Crypto newbie? Find the answers to all your questions with Alexandria, CoinMarketCap’s dedicated education resource.

How Many Celsius (CEL) Coins Are There in Circulation?

The native token of Celsius is CEL. It performs a number of user-related functions and is freely tradable outside the platform.

CEL has a maximum supply of 695,658,161 tokens, of which 76% are in circulation and 24% are locked according to a schedule laid out in the project’s technical literature.

CEL had an initial coin offering (ICO) in May 2018. The presale and crowdsale took 50% of the token supply, with 27% going to the treasury, 19% to the team and 2% to partners and advertisers respectively.

CEL is an ERC-20 standard token on Ethereum.

How Is the Celsius Network Secured?

Celsius uses a modified proof-of-stake algorithm for its token, while broader security procedures were outlined in a dedicated presentation in June 2020, still available on the company’s website.

As with any client-orientated wallet, the risk of theft from attacks such as SIM-swapping is present if users themselves do not have adequate protections in place such as two-factor authentication.

Where Can You Buy Celsius (CEL)?

CEL is a publicly-tradable token on major exchanges, with pairs available for cryptocurrencies and stablecoins.

As of October 2020, automated market makers (AMMs) held the lion’s share of trading volume, with popular pairs being for Bitcoin (BTC) and Wrapped Ether (WETH).

New to cryptocurrency? Read our easy guide to buying Bitcoin or any other cryptocurrency.

Latest News On Celsius

Celsius pulled half a billion dollars out of Anchor Protocol amid Terra chaos - The Block Crypto

Celsius pulled half a billion dollars out of Anchor Protocol amid Terra chaos The Block CryptoCelsius (CEL) Getting Crushed as Customers Complain About Withdrawal Issues U.TodayCelsius CEO Issues Warning, Says Not All Stablecoins Are Created Equal – Here’s Why The Daily HodlCelsius Network insists no major losses as volatility shakes market Micky NewsExtreme Volatility In Cryptocurrency Market Did Not Affect Celsius Network, Say Executives TokenHellView Full Coverage on Google News

Fri, 13 May 2022 10:21:19 GMT

Celsius announces plans for an IPO of its bitcoin mining subsidiary - The Block Crypto

Celsius announces plans for an IPO of its bitcoin mining subsidiary The Block CryptoCelsius Network Submits Filing to US SEC to Take Its Crypto Mining Unit Public CoinspeakerWhy is Celsius (CEL) crypto gaining attention? Kalkine MediaCelsius Mining Plans to Go Public in Latest IPO Draft Registration With SEC BeInCryptoCelsius Network Files Draft S-1 Form to Take Its Mining Unit Public CoinDeskView Full Coverage on Google News

Mon, 16 May 2022 12:56:45 GMT

The Next Luna And UST? Crypto Market Now Braced For Another Earthquake After Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, Avalanche And Polkadot Price Crash - Forbes

The Next Luna And UST? Crypto Market Now Braced For Another Earthquake After Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, Avalanche And Polkadot Price Crash Forbes

Mon, 16 May 2022 09:30:47 GMT

Crypto Savings Accounts: What You Need to Know - CoinDesk

Crypto Savings Accounts: What You Need to Know CoinDesk

Fri, 13 May 2022 18:52:00 GMT

Crypto Biz: Luna’s meltdown will live on in infamy, May 5–11, 2022 - Cointelegraph

Crypto Biz: Luna’s meltdown will live on in infamy, May 5–11, 2022 Cointelegraph

Fri, 13 May 2022 20:06:18 GMT

Beyond Crypto Custody: Fireblocks Unveils Web3 Engine To Support DeFi, Games And NFTs - Forbes

Beyond Crypto Custody: Fireblocks Unveils Web3 Engine To Support DeFi, Games And NFTs Forbes

Tue, 17 May 2022 11:09:04 GMT

What are stablecoins, and how do they differ from other cryptocurrencies? - CBS News

What are stablecoins, and how do they differ from other cryptocurrencies? CBS News

Fri, 13 May 2022 21:46:00 GMT

Legislators could hasten crypto regulation - CoinJournal

Legislators could hasten crypto regulation CoinJournal

Tue, 17 May 2022 08:25:56 GMT

Crypto capital gains one of four key areas for Australian Tax Office By Cointelegraph - Investing.com

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Mon, 16 May 2022 19:40:00 GMT

Luna eclipsed: Behind the collapse of the algorithmic stablecoin TerraUSD - Startup Daily

Luna eclipsed: Behind the collapse of the algorithmic stablecoin TerraUSD Startup Daily

Tue, 17 May 2022 06:32:43 GMT
-4.4%
Average Weekly ROI
-10.4%
Average Monthly ROI