Celsius found a way to add you to the 1%!
The Celsius Network approach is community first, always — whatever we can give our community, we do. From 80% of our revenues, to unprecedented yield on your assets, to low borrow rates on loans, we strive to give you access to the best crypto financial products and offerings.
We know the global COVID-19 pandemic has hit all of us hard, so we decided to take a page from the US government’s book and offer loans at 1%, just like the Paycheck Protection Program. In order to qualify for a crypto-backed loan from Celsius at 1% APR, you must be approved to borrow $1,000 or more in USD or stablecoins at 25% LTV by June 15, 2020.
That means you could borrow $1,000 or more today and pay only $10 (or less!) in interest for the year. Borrowers that choose to pay back their loan in CEL tokens can pay up to 30% less in interest with rates as low as 0.7% APR for platinum CEL holders!
You can review the full terms and conditions about our 1% APR lending offer on the Celsius website.
For questions about our crypto-backed loans, contact us at app@celsius.network. We hope everyone stays physically, mentally, and financially healthy and during this time. Celsius is here for you.
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!
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