Hey Celsians! We're excited to share that there are two new ways to borrow instant cash against your CEL tokens!
We're excited to share that there are two new ways to borrow instant cash against your CEL tokens!
1. Borrow at 33% LTV
For a limited time, you can borrow dollars or stablecoins against CEL starting at 33% LTV! That means if you hold more than $1,500 in CEL, you're automatically approved for an instant loan against your coins!
Offer valid for new loans only. Active loans against CEL are not eligible for refinancing at this time.
2. Borrow against locked CEL
If you've purchased CEL through our OTC desk, your locked CEL balance is also eligible to collateralize your loan! Whether you’ve got one month or one year until your tokens unlock, you can borrow USD or stablecoins against your entire balance of CEL at any time!
Benefits:
- No origination fees
- No credit checks
- Lowest rates, guaranteed
Get started today in the borrow section of your Celsius app, or plan ahead with the Celsius Loan Calculator and find the terms that work for you best interest.
Built by HODLers, for HODLers.
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