Cryptocurrency Q&A
What is Celsius banking?
What is Celsius banking?
Raffaele
Tue Dec 10 2024
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6 answers
998
I've heard about Celsius banking recently and I'm curious to know more about it. Could someone please explain what Celsius banking is and how it works?
6 answers
Andrea
Thu Dec 12 2024
Depositors are able to earn interest on their cryptocurrencies by depositing them with the company.
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Nicola
Thu Dec 12 2024
The company's business model revolves around facilitating financial transactions for its users.
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CryptoChieftain
Thu Dec 12 2024
One key aspect of this model is the provision of lending and borrowing services.
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FireflySoul
Wed Dec 11 2024
The rate of interest earned is dependent upon the specific cryptocurrency that is deposited.
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Stardust
Wed Dec 11 2024
For example, depositors can earn up to 6.2% interest on their Bitcoin holdings.
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