What cryptocurrencies can I earn interest on with Celsius?
Asked a month ago
Celsius Network offers users the opportunity to earn interest on a variety of cryptocurrencies. The specific list of cryptocurrencies available for earning interest may change over time, but as of October 2023, Celsius allows users to earn interest on popular digital assets such as Bitcoin, Ethereum, Litecoin, and stablecoins like USDC and USDT. Additionally, Celsius often provides interest earnings on a broad selection of other cryptocurrencies, including tokens such as Bitcoin Cash, Ethereum Classic, Chainlink, and various DeFi tokens.
The interest rates can vary based on market conditions and the specific cryptocurrency being held. Celsius uses a unique model that allows users to earn interest weekly, with the exact rates subject to fluctuation based on demand and supply dynamics in the lending market. It is important for users to actively check the Celsius Network website or the mobile application for the latest offerings and interest rates, as these can be updated regularly based on the platform’s operational strategies and the broader crypto market.
Celsius does not impose minimum balance requirements to earn interest on the above cryptocurrencies, which makes it accessible for both new and experienced users. For the most accurate and comprehensive information, it is always a good idea to refer to the Celsius Network official website or the dedicated sections within the Celsius app that detail the current offerings, including potential interest rates for each supported cryptocurrency.
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