What is Celsius Network (CEL)?
Celsius Network is a regulated crypto lending firm headquartered in the US. It allows crypto users to deposit different digital assets into the protocol to earn high returns or to take out loans.
The network was created by Alex Mashinsky, Daniel Leon, and Nuke Goldstein in 2017. Then in 2018, they had a very successful ICO for the native token CEL, raising $50 million. The company experienced exponential growth afterwards, managing approximately $12 billion in assets and becoming one of the most notable names in the market. However, the firm had multiple controversies over the years, and finally filed for bankruptcy in 2022 due to “poor asset deployment decisions”. The company is currently going through restructuring as a part of the bankruptcy process.
How Celsius Network (CEL) Works
Cesius operated in a manner that is somewhat similar to a traditional bank. People can deposit their crypto assets into Celsius to earn interests, and borrow money to trade or to take out a loan. Celsius offers financial services for both individuals and businesses.
How Many Celsius Network (CEL) Tokens Are in Circulation?
The total supply of CEL is 695,658,160, and the circulating supply is 238,863,520.
How to Buy Celsius Network (CEL)
Consider investing in Celsius Network (CEL)? It only takes 2 minutes to create an account on Bitget and start trading CEL.
Check out the available CE L trading pairs on Bitget!
Spot market
Celsius Network (CEL) Resources
Simple 3-step guide to buying CEL today in Bulgaria
Create your free Bitget account
Select a funding method
Complete your Celsius Network purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Celsius Network using a payment method of your choice:
Buy Celsius Network with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Celsius Network order.
How to buy crypto with credit/debit cardBuy Celsius Network with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Celsius Network is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Celsius Network order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Celsius Network order.Buy Celsius Network with the fiat balance in your Bitget account
You can Deposit fiat funds using SEPA to top up your Bitget fiat balance. Then click Buy Crypto > [Cash conversion] in the top navigation bar to place your Celsius Network order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Celsius Network in your Bitget spot wallet
Bitget—where the world trades Celsius Network
How to buy Celsius Network for free
- Learn how to earn Celsius Network for free through the Learn2Earn promotion
- Earn free Celsius Network by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Celsius Network airdrops by joining On-going challenges and promotions
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FAQ
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The national currency is the Bulgarian Lev (BGN). Whether you're in Sofia, Plovdiv, Varna, or anywhere in Bulgaria, you can purchase cryptos easily on Bitget. Bitget is one of the most secure cryptocurrency exchange platforms that acquired U.S. MSB License, Canada MSB License, and Australian (DCE) License to ensure you have the safest trading experience.