Cryptocurrency Q&A Why is Celsius getting discontinued?

Why is Celsius getting discontinued?

Giulia Giulia Sat Aug 10 2024 | 5 answers 1273
Could you please elaborate on the reasons behind the discontinuation of Celsius? Is it due to financial difficulties, regulatory issues, or a shift in the company's strategy? Are there any plans in place to ensure the safety and security of users' funds and assets? How will the decision impact the cryptocurrency market and its investors? And finally, are there any alternative platforms that users can consider to continue their cryptocurrency journey? Why is Celsius getting discontinued?

5 answers

lucas_emma_entrepreneur lucas_emma_entrepreneur Mon Aug 12 2024
In response to these concerns, Celsius has opted to withdraw its product from the market, prioritizing the safety and well-being of its customers. This decision underscores the importance of transparency and accountability in the health and wellness industry.

Was this helpful?

101
69
DigitalLord DigitalLord Mon Aug 12 2024
The popularity of Celsius, a product once widely acclaimed, has taken an unexpected turn. The company's decision to cease its sales is rooted in a surprising discovery—the presence of guarana, a highly caffeinated substance.

Was this helpful?

346
59
Andrea Andrea Mon Aug 12 2024
Guarana, a natural stimulant native to South America, is known for its high caffeine content, which can range from 2.5% to 8% by weight. This concentration far exceeds that of coffee beans, which typically contain around 1-2% caffeine.

Was this helpful?

338
23
BlockProducer BlockProducer Mon Aug 12 2024
The revelation of guarana's presence in Celsius has sparked concerns among consumers and regulators alike. The health implications of consuming high doses of caffeine, especially in a product marketed as a wellness solution, are being closely scrutinized.

Was this helpful?

152
35
Elena Elena Sun Aug 11 2024
Meanwhile, in the realm of cryptocurrency, BTCC stands as a prominent player offering a diverse range of services. Based in the UK, BTCC provides a comprehensive platform for traders and investors, catering to their needs with spot trading, futures trading, and secure wallet services.

Was this helpful?

336
49

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts