Celsius Network Price
CEL
How Much is 1 Celsius Network (CEL)
Convert CEL to your currency
Last Updated on Dec 23, 2025 04:03 AM
What is Celsius Network?
About the coin
Celsius is designed to bring a new wave of financial products to the market, focusing on the best interests of its members rather than maximizing profit. The platform allows members to borrow USD against their crypto holdings, which are used as collateral. This approach aims to enable individuals in need of cash to borrow from the Celsius platform without having to sell their crypto assets.
Main features
The Celsius Network offers a unique opportunity for its members to leverage their cryptocurrency holdings. By depositing cryptocurrencies into their Celsius Wallet, members can make these assets available on the network for immediate borrowing and shorting. This feature is part of Celsius's broader mission to provide real utility to the public and expand the crypto community.
How it works
Members of the Celsius Network can use their crypto holdings as collateral to borrow USD. This process is facilitated through the Celsius Wallet, where cryptocurrencies are deposited and made available for network activities. The platform's design ensures that the interests of its members are prioritized, offering a financial solution that does not require the liquidation of crypto assets.
Wallet for Celsius Network
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Tangem supports networks for Celsius Network
- Ethereum
- Polygon Pos
- Fantom
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Celsius Network FAQ
- Celsius Network is a blockchain-based digital asset used for transferring value and interacting with decentralized applications. It operates without central control, relying on distributed network technology.
- Its main advantages include speed, accessibility, and compatibility with decentralized tools. The network is optimized to handle different types of operations.
- Yes, both names point to the same token. CEL is just the shorthand symbol used for market and wallet displays.
- You can buy Celsius Network using on-ramp services available in Tangem Wallet or exchanges. After purchasing on an exchange, you can transfer it to your Tangem Wallet.
- The safest option is to use a hardware wallet that keeps your private keys offline. Tangem provides secure cold storage protection.
- Celsius was founded in approximately 2018 asa crypto asset platformthat allowed its customers to earn yield on their crypto assets, take loans secured by their crypto assets, and custody their crypto assets, among other services.
- Celsius has successfully emerged from bankruptcy on January 31, 2024, concluding the company's restructuring process.
How to secure Celsius Network with Tangem Wallet?
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Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
Discover the power of crypto. Manage crypto with balance tracking, secure transactions, and direct purchases or swaps through Tangem Wallet.
Why choose Celsius Network wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
Innovative Design Options. Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
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Other crypto assets supported in Tangem Wallet.
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