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The Celsius Network is a new type of cryptocurrency that entered the space in the year 2018. The first mobile application came out in June of that year, and users received rewards almost immediately in the month of August. As of December of 2019, there are over 440,000 users in over 100 countries worldwide.
What is Celsius cryptocurrency?
The network works on a system of a sense of community so that everyone’s best interest is at hand. Celsius allows you to secure loans, which they have over $8 billion in secure loans already done, send money to your family members and friends, and build your financial future. You receive monetary rewards for the wealth you build and the actions you take and are able to withdraw your funds whenever you would like. Over 80% of the revenue that Celsius receives goes back to the users of the network too.
Become an Insider
How Celsius cryptocurrency works
Currently, the only way to buy coins through the Celsius Network is through the mobile application that is available on Apple and Android devices. When you enter the application, just navigate to your wallet. From there,
- Enter your credit card details to make your purchase.
- Use cryptocurrency coins you already own or your currency to buy Celsius coins.
- Enter how much cryptocurrency you want to purchase, and see the conversion rate.
- Enter a referral code: 11717805bf to earn a Celsius bonus that is worth $40 in cryptocurrency if you make a deposit of $400.
After you purchase your coins, they will be in the crypto bank owned by Celsius. Your coins will go towards loans from approved users, where you will receive the revenue back through the reward system. You can use the coins you purchase and earn to make payments, pay your loan interest, or earn a stake.
Celsius cryptocurrency benefits
- No annual fees on your account.
- A generous Celsius signup bonus of up to $40 using referral code: 11717805bf
- No minimum deposit is necessary for your account to open.
- No fees for transferring coins between Celsius users.
- A massive weekly rewards program where you can earn more than the coins you paid for.
- Loans with low-interest rates if you qualify, which are as low as 1%.
- Many supported forms of cryptocurrency and currencies are available.
- High-interest earnings when taking your interest as a CEL, or Celsius coin.
How to redeem Celsius referral code step-by-step
- Download the Celsius mobile application on your Apple or Android device.
- Enter your last name, email address, and create a password.
- At the bottom of the page, enter your referral code: 11717805bf to receive your $40 Celsius signup bonus.
- Press the button that says confirm after you enter the code, and you will see a screen that says congratulations.
- After you transfer over $400 of coins to your wallet on Celsius and you verify your account, you will be eligible to receive the $40 Celsius bonus!
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