Got CEL?
CEL is an in-app utility token that gives Celsius members exclusive access to the best financial services for cryptocurrencies. Get better interest rates, priority status, community membership, and more - today!
Celsius Loyalty Rewards
Your loyalty level is determined by the ratio of CEL tokens to other coins in your wallet. If 10% or more of your wallet balance is in CEL, you’re a Platinum Celsius member!
Silver
< 5%
Bonus Interest
10%
Loan interest discount
10%
Gold
5 - 10%
Bonus Interest
20%
Loan interest discount
20%
Platinum
> 10%
Bonus Interest
30%
Loan interest discount
30%
Withdrawing CEL tokens from your wallet will affect your loyalty level, so HODL on to keep up your CEL ratio!
Your loyalty level is dynamic and can change based on your overall wallet balance; this includes factors such as new wallet activity and market fluctuations. You can check your loyalty status at any time in the profile section of your Celsius app.
CEL Token Utilities
The CEL token currently has 7 in-app utilities all designed to create services that act in your best interest. Explore each utility below, and start putting them to work in your Celsius app today!
The CEL Membership Token
In order to take advantage of the awesome benefits of being part of the Celsius Network community (Hello, earned interest! Hi there, fast and easy transactions! Wow, low interest rate loans!), users must maintain a balance of at least one CEL token in their Celsius wallet. For the first year, users who complete our registration and KYC process in the app will receive one CEL from us.
Skip the Queue
When the availability of dollar loans becomes limited, we will reorder the queue by placing those with the highest CEL balance and HODL ratio ahead of the rest. HODL Ratio = amount of CEL in Celsius wallet : amount of CEL withdrawn from the Celsius wallet. (CelPay transfers and interest payments using CEL tokens on dollar loans will never affect your HODL ratio.)
Even lower interest rate loans
Users who pay interest on their loans with CEL tokens will receive up to 25%* discount on all interest payments. In case you forgot - we’ll always have the best rates on the block and we will match or beat any written offer from any other company.
Even higher earned interest
Users who choose to earn their weekly interest in CEL tokens will receive up to 20%** more interest on all non-CEL deposits. Talk about being in your best interest.
Lower interest rates on coin loans
We’re not just bringing the CEL power to the people. Over 100 Institutions now borrow from Celsius, they can also benefit by paying interest with CEL, Interest paid in CEL will also receive up to 25% discount. This helps ensure the CEL token flywheel keeps gaining speed!
CEL for CelPay
Similar to a “cashback” model on your credit card, Celsius will reward CelPay transactions with CEL. Users will earn 1% on all BTC and ETH CelPay transactions and 2% on all CEL CelPay transactions. Your CEL for CelPay rewards will be distributed monthly.
Premium service, support, and events
The 100 members with the largest holding of CEL will be rewarded with benefits like: a designated live customer support hotline, invitations to the industry top events, meet-and-greets with Alex and the Celsius team, and exclusive events just for our top CEL HODLer community.
* CEL rates are dependant on your loyalty level.
** All CEL utilities are subject to change