This code will work for existing and new members. Simply enter the code in your profile > Promo Codes then Deposit 200USD or more Crypto then Hodl it in your wallet for 30 Days. You have 10 days to make a deposit after you enter the code
This code was released after some down time to a some dns changes on Friday.
Note: This code will not show up as locked like previous codes, it will simply be paid after 30 days.
Does it stack with referrals?
yes you may need to do two deposits. one $200usd for referral, then you can enter the code after that and send another $200usd.
It should also stack with the ETC promo, if making a third deposit. You can use: ETCLabs
and deposit $100usd of ETC for an extra $5USD (Hold for 60 days)
But let's be honest, Multiple 51% attacks, ETC, not worth holding, I think.
Anyway, you are damn fast shadowangel. I came to post this up and you had already done it!
Good work
It's not really worth it unless you hold the coin or mine it or something lol.
Thank you. So I see the way to do it is put in "DNS" code, then deposit 200USD, then put referral code, then deposit 200 USD. Do you know how long the hold for the 200USD deposit are ?
Referral code first. You enter during sign up. DNS on second transfer
Is this: you give them your crypto, they invest it or do what ever they can with it and after a certain period they give you back your crypto and some money?
With Celsius you can withdraw anytime, there is no lock period. The promo code will however cancel if you withdraw below your 200usd deposit.
You do also earn interest. Rates are sent to you weekly by email. You are also paid every Tuesday in Australia.
They pay weekly, not monthly ? Anyone know how long each withdrawal take?
Weekly on Tuesday. Withdrawals depend on the network. generally a few mins but can take a few hours sometimes.
@shadowangel: Wow, that is quite good. I was with blockfi and they take one business day for a withdrawal… Thank you
@lieh: Blockfi do give one free withdrawal a month which is kind of nice but their 24 hour for withdrawal approval sucks
@mr_asstight: 1 Free Crypto (Eth, BTC ..)
1 Free Stable Coin
It's 24 working hours and withdrawals are only done once per day, so withdraw Saturday you won't see anything until Tuesday.
Blockfi however has a good onramp for USDC, Citibank USD > Blockfi works well.
Celsius is a centralised (a.k.a custodial, CEX) exchange. CEX hold their customer's private keys and owns the assets while it's in their possession.
Customers lend their assets to the CEX in the same way as they do with a legacy banks. Customers can earn interest by allowing the CEX to lend the assets to borrowers at a fixed or variable rate or they can just keep it there and earn no interest.
Nice one, thanks!
no problem at all.
Is anyone worried about how the CEL being locked up are not available for employees to dump on market?
Not really.
Alex has got people to commit to a 2 year lock up.
More and more people with use Celsius and the price will likely increase.
When it's time to sell the employees CEL they will likely offer it again as OTC, so off exchanges, and with a minimum of a $10000usd order and will have a 5% discount.
So it's a smart way to avoid crashing the market.
I think their transparency is amazing
The employee tokens were released at 10 days above $1.50 and 100% of employees chose to lock in for 3 more years for an extra 5%.
It's an awesome business model and Alex is a champion. They lend btc and other coins to institutional customers fully collateralised and pay back 80% of the interest to their users.
$1.5 unlock happened in the last few days, the price has been fairly steady.
As Bargain Seeker said they are able to sell on OTC (buy or sell) but why would they ? they can loan or earn interest to add to there base salary.
I deposited $200+ of crypto and it doesn't show promo pending like previous promos. Anyone seeing this or is it just me?
I included it in the description above :) yes it will not show, they know about the bug. It will however still be paid in 30 days.
Nice!
Expired as of Today. 18/11
Received the bonus, didn't get any notifications so good thing I put in a reminder for myself.
Don't forget to write a review for $20 extra, see my $2k Deposit promo post for details. there is also ETCLABS if you hodl any ETC
Thank you