Cryptocurrency Q&A
How does Celsius make money?
How does Celsius make money?
Raffaele
Tue Dec 10 2024
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5 answers
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I'm curious about the business model of Celsius. Specifically, I want to understand how they generate revenue or make money.
5 answers
Alessandra
Thu Dec 12 2024
Celsius earned revenue through various means.
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Martina
Thu Dec 12 2024
One of these was the sale of tokens.
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GangnamGlitzGlamourGlory
Thu Dec 12 2024
Celsius sourced a portion of the funds for its loans from hedge funds.
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Maria
Thu Dec 12 2024
Another revenue stream for Celsius was through lending, Bitcoin mining, and discretionary trading of cryptocurrencies.
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Dario
Thu Dec 12 2024
These hedge funds were seeking yields higher than those offered by traditional banks.
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