What are the ways to purchase Celsius (CEL) coins?

To acquire Celsius (CEL) coins, users can choose from direct purchases through the Celsius app, cryptocurrency exchanges, peer-to-peer marketplaces, over-the-counter trading, crypto interest accounts, and airdrops/giveaways.

Dec 03, 2024 at 09:34 pm

Methods to Acquire Celsius (CEL) Coins

The Celsius platform offers various avenues for acquiring CEL coins, each catering to specific preferences and requirements.

1. Direct Purchase through Celsius App

• Navigate to the Celsius app and log in to your account.
• Select the "Buy Crypto" option from the dashboard.
• Search for "CEL" in the search bar.
• Enter the desired amount of CEL you wish to purchase.
• Choose your preferred payment method from the available options (e.g., credit card, debit card, bank transfer).
• Review the transaction details and confirm the purchase.

2. Cryptocurrency Exchanges

• Identify a reputable cryptocurrency exchange that supports CEL trading. Some popular options include:

  • Binance
  • Huobi
  • OKX
• Create an account on the chosen exchange and complete the required verification steps.
• Deposit funds into your exchange wallet using a supported payment method.
• Navigate to the CEL trading pair (e.g., CEL/USDT) and place a buy order.
• Specify the amount of CEL you wish to purchase and the desired price.
• Monitor the order book and adjust your bid as needed until your order is executed.

3. Peer-to-Peer (P2P) Marketplaces

• Visit a P2P marketplace like LocalBitcoins or Binance P2P.
• Create an account and connect your payment method.
• Browse through the available CEL listings and compare offers.
• Initiate a trade with a seller who meets your desired rate and payment terms.
• Finalize the transaction directly with the seller and transfer the CEL to your wallet once payment is confirmed.

4. Over-the-Counter (OTC) Trading

• Contact an OTC broker or dealer who specializes in large-volume cryptocurrency transactions.
• Provide the desired amount and price of CEL you wish to purchase.
• Negotiate the terms of the trade, including payment arrangements and delivery details.
• Execute the transaction and receive the CEL in your designated wallet.

5. Crypto Interest Accounts

• Utilize platforms like Celsius, BlockFi, or Nexo to earn interest on your crypto assets, including CEL.
• Deposit CEL into your account and select the "Earn" or "Interest" feature.
• The platform will automatically distribute interest payments to your account at regular intervals based on the prevailing interest rate.

6. Airdrops and Giveaways

• Participate in airdrops and giveaways hosted by Celsius or other blockchain projects that distribute CEL as rewards.
• Complete specific tasks or meet eligibility criteria set by the organizers to qualify for the airdrop or giveaway.
• Monitor blockchain platforms and cryptocurrency news sources for announcements regarding upcoming CEL airdrops and giveaways.