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    Posted by Celsius Network 7 Jun
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    Introducing CEL Token Utility!


    We recently announced our biggest app update ever with Celsius Network 3.0. The latest version includes design enhancements, increased accessibility, and added transparency, among a variety of other shiny new features.

    If you’ve updated your Celsius app to version 3.0, then you’ve already taken advantage of our first CEL token utility — membership. The first 100,000 Celsius users receive a welcome CEL token from the Celsius team. All users must keep at least one CEL token in their wallet to take advantage of all Celsius has to offer.

    Interest Rates to CELebrate

    We changed the game by offering crypto holders up to 7.5% APR on their coins — but that was only the beginning. Previously, users were only able to gain interest in-kind (earning BTC on BTC, ETH on ETH, etc). Now, users who choose to earn their weekly interest in CEL tokens can receive up to 25% more interest on all non-CEL deposits.


    Introducing Celsius Loyalty Rewards

    The amount of additional interest a user can earn by getting paid in CEL is determined by their CEL loyalty level (the ratio of CEL tokens to other coins in a user’s wallet). You can track your loyalty level at any time on your Celsius profile page. Bottom line? The more CEL you keep, the more rewards you’ll reap.


    Additional Updates

    We’re working hard to provide a secure, rewarding, and easy-to-use platform that works in your best interest. The latest update to the Celsius Network app also includes:

    • Bug fixes and performance enhancements
    • Security Improvements: Users now have added transparency to ensure all security options provided on our network are being utilized to the fullest. You can review these options at any time in your app settings.
    • USD value added to each listed coin

    There’s lots more in store for the future, so make sure to follow us on Twitter and subscribe to our newsletter to stay up-to-date on the latest Celsius happenings!

    → Update for Android

    → Update for iPhone

    About Celsius Network

    Celsius Network is a democratized interest income and lending platform accessible via a mobile app. Built on the belief that financial services should only do what is in the best interests of the community, Celsius is a modern platform where membership provides access to curated financial services that are not available through traditional financial institutions. Crypto holders can earn interest by transferring their coins to their Celsius Wallet and borrow USD against their crypto collateral at interest rates as low as 4.95% APR.

    Download the Celsius Network app and start earning interest on your crypto today ➡️ celsiusnetwork.app.link

    Stay Connected!

    Follow Celsius Network on Facebook, Twitter, LinkedIn, Reddit, Instagram, and YouTube.

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