Celsius loans are available in 150 countries. Those who need to repay another loan provider or are looking to raise loan from a loan provider are excited to get to know Celsius Network.  The good news is there is no origination fees.  They provide 1-on-1 support and facilitated dynamic loan options.

Origination fees:  A loan origination fee is charged as a percentage of the loan amount. Most lenders charge the origination fee to process the loan application. Personal loans which are not secured by collateral come with high origination fee.  Non-collateral loans carry high risk for lenders.

Dynamic loan options are available who are in a need to borrow changing amounts for changing terms to suit their business requirements.

These loans are however available *Subject to Celsius’ Terms of Use and the terms of the applicable loan agreement. It is not available in all jurisdictions. Additional limits may apply.

How Celsius Makes Profits for its Owners?  Those who have cryptocurrency stake it with Celsius Network.  Thus, those who deposit the cryptocurrency are the owners of the crypto/value being lent.

 The funds thus pooled from different owners is used for Individual, Corporate, and Institutional lending and borrowing.  It is used in DeFi and Mining.  The custody in the most Trusted and Transparent business model you have ever seen brings in returns for the users in the form of interests.  Celsius network provides top class Cyber Security as well.

“Users transfer in crypto assets, Celsius lends them out to earn rewards, Celsius aims to split the rewards 80% to users 20% to Celsius Network.”

Celsius Network makes high-yield crypto possible.

When you put your money in a bank and it pays close to zero interest it helps checking in to Alex Mashinsky and his explanations on how Celsius is better. Celsius offers a level playing ground for the little guy.

A high-yield business is what every investor would like. The most exciting product on Celsius right now is:  Swaps, Accredited Token, Celsius X, and Mining.

Alex Mashinsky:  In 2020, the CEL token was the best token in all of crypto land.  Celsius beat everybody by a mile. In 2021, Celsius Network were busy working with Swaps, Accredited Token, Celsius X, and Mining.

Mining, for us to be able to pay all that yield we needed sources of yield.  Mining Bitcoin is just a Bitcoin factory. We could create Bitcoin and we can use that to pay yield to our community. Celsius Network has a sustainable way of paying yield, because we have many sources, institutions, exchanges, DeFi, mining and so on.

Firstly, the competitors are dependent on just one strategy or two strategies. And, if anything changes there, they are effectively out of business.

Celsius X is our initiative to eliminate fee and to eliminate cross chain incompatibility.  So, today if you want to take an asset from Bitcoin and move it to Ethereum – it is very, very difficult – very expensive, it is risky. What Celsius is offering is instead of bridges it offers native wrapping so that you can take a Bitcoin and wrap it on Bitcoin network and we will issue a Bitcoin equivalent on Ethereum, or Polygon or any other chain. So, that is a very powerful network, it charges no fees, it extends liquidity across chains.  We are not making any money on it, we just want to create cross chain liquidity on it. To make it easy for all in crypto to win together. It is not fighting for users and applications by all cryptocurrencies, but all are together fighting with traditional finance. This is in the process of bringing in more customers and more assets. So, Celsius is in the business of building roads and bridges. Just making sure that everyone can go easily from one blockchain to another to eventually benefit from yield, loan or other services.