Celsius Network Referral Increased to US$40 in BTC with US$400 Crypto Deposit

940

Celsius Network has increased there referral bonus yet again to $40 USD in Bitcoin, Paid after 30Days. Your Bonus will show as locked after you transfer more then $400USD in Crypto Assets

All coins in the wallet are supported.

Cel has also hit another high today of $7.29 just over 12months ago it was just 0.5cents

Mod: For reference, it was previously "US$30 Worth of BTC on US$200 Crypto Deposit". Referral system updated.

Information on Referrals
https://support.celsius.network/hc/en-us/articles/3600021322...

Referral Links

Referral: random (426)

US$40 Worth of BTC on US$400 Crypto Deposit

Related Stores

Celsius Network
Celsius Network

Comments

  • Have they fixed their referral tracking? Still have some open tickets of failed referral from the last deal :(

    • did you keep a record of the referral code used ? there was some tracking issues on the last deal a few months back.

      • Yeah, I found the friends entering the referral code manually (on signup page after download) tracked better than the one using my link to download. Read that in other forum too. I've raised the ticket but still "investigating" each time I asked, been more than a month.

        • I do have an official response i have saved during that time if that will help. I can point you to some of the admins and community staff by pm that can help escalate your ticket.

  • Sensational mate thank you I’ve been keen to deposit about $1000 worth of crypto into one of these guys to earn crypto interest. Saves me hodling it in Swyftx and earning nothing on it. The $40 bonus will tip me over the edge and give them a go. Cheers

    • $40 is nothing you need to look into BSC chain defi farms

      i just do one today. went all out first 6 hrs and made 3000%APR gradually decreasing to 300% stable for a few hrs then 150 then holding at 50%

      paid for next holiday using tokens i was holding anyway in 6 hrs with no impermanent loss

      • can you tell us the process of these farming schemes?

        • google defi farming

          learn what impermanent loss is

          find farms that do single token ones

          dont get rekt by going into unverified farms

          take profit constantly

          look at the Binance chain ones since eth gas ones are not worth it

          Know that the APR is bullsh1t. these schemes only last a week max. most profit is made in first few hours

  • Thanks to the increasing price of BTC, my referral bonus along with deposit bonus has reached to about $150AUD.

  • Hey op, can you check if the referral link is correct ? It doesn’t seem to have a referer ID in the url - just takes me to a generic “sign up” page.

  • +4 votes

    Can I deposit my fart NFT and claim the free $40?

  • Can you get both the referral and the $500 crypto bonus depositing $25000 worth hold 3m?

  • What is this and how does it work?

    Is it a pyramid scheme?

    • Basically Celsius loans your crypto and pays interest. Interest rates are set weekly. Celsius currently manages over 14Billion in assets as of last week.

    • 100% legit. They lend crypto to companies and individual and then pay interest back to savers. Same as regular bank but they only keep 20% for costs rather than a bank who keep 95% for themselves and their shareholders.

      • What's to stop them running off with your crypto though?

        • They have the opportunity to make more money on rehypothecation of deposited funds than theft. Then there's the risk to reputation

        • They've been around 3 year and hold US$14billion dollars. Vast amounts of info on the company if you search, staff must be the hundreds now. The founder is very well respected who invented VOIP technology. It's not a criminal enterprise

          • @hen dawg: Founder is very well respected is an overstatement my friend, for those in the know.

            Having said that Celsius is a pretty good platform, and could be even better if founder behaves more respectfully.

      • Share holders ultimately are individuals.

  • I've been using Celsius for over a year, they had a huge boom so struggled with support. They have it under control now. But I'm so happy with Celsius, so easy to use. Just deposit your crypto and forget it just compounds automatically. No endless reinvest and gotcha's. I highly recommend.

    • So if i had say $10,000 in BTC, and i put it all in there, what happens next? can i get it out as BTC like i put in? Can you just withdraw interest and leave the $10k in there?

      I am just concerned as things too good to be true, are.

  • is there any risk of losing your coins?

    • If they go bust, of course

      • i mean you are handing them your keys, they can deactivate your account, or say there was no transaction.

        • By creating and depositing into a celsius account, you aren't handing them any keys because they never belonged to you in the first place.

        • It's all on the blockchain so they can't really deny a transaction

    • If you input your deposit address incorrectly you could lose the entire deposit. Use a minimal amount of tabs, and copy + paste.

  • Is the interest paid in BTC? Do we have to report those interested earned as income?

    • In the asset you deposit or in Cel.

    • Yes it's taxable like interest in a normal bank account.

    • You can get paid interest in kind (so BTC for BTC, USDT for USDT etc), or get a slightly higher return if you choose to be paid in their native token, CEL. CEL has been going gangbusters in the last year or so, so it's not a bad decision, although obviously riskier than getting pain in kind.

      You also get bonuses to your interest if you hold above a certain percentage of your portfolio in CEL.

  • What about the security and insurance?

    • They use MPC to secure assets which requires the majority to sign. 2FA, Hodl Mode, White Listing will help you secure your account. It's important to use a secure email as well. You can also freeze your account if you suspect anything instantly using an old email (there is a link)

      Insurance currently is limited, it covers hacks, theft, errors on there end. It doesn't cover deposits yet. They are however introducing an opt-in policy in the future.

  • -1 vote

    sadly i still haven't figured out the cheapest way to move AUD to BTC in celsius and back. What I did last time is send AUD to coinbase and buy BTC/ETH in coinbase and then transfer from coinbase to Celsius but it seems the transfer rate is about $20 (if not more!)

    • FTX which also just added PayID deposits. Free BTC withdrawals.
      Also Gemini Active Trader Mode which has AUD by Swift (Free from Citi Bank) also free transfer

    • Binance accepts AUD via Pay ID and Osko is instant

      But it's gonna cost you withdrawl btc fee no matter what exchange you use

      Good thing no withdrawal fees with Celsius and you need to transfer out

    • I discovered this the other day. The fees to transfer from any exchange is crazy high right now. Especially ethereum based tokens. I think the best way to get money 'into' crypto is using an exchange which supports free payID deposit first. Then figure out what are the cheapest withdrawal fee tokens on your exchange and buy that coin. So for example binance the chepest is Verge XVG which only costs XVG(Verge)-0.0001 to withdraw in about 15 minutes, there are others too like: ada-$1.54, xrp-0.1789, eth - $19, usdt-$20, link-23, sxp-$22. You might find if the price of XVG is insanely high that it's more risky so use something like ADA.

    • Your transfer rate is too high cos you are transferring ETH using ERC20 network. The cheapest way is to buy TRX or ALGO coins from BInance or coinbase whatever exchange you are using then transfer them as TRX or ALGO coins then convert these coins to BTC or ETH within Celsius.
      TRX network name TRC20, ALGO has it's own network. Make sure DO NOT MAKE MISTAKE when choosing transferring network . Your money won't be recoverable.

      • So is this sequence correct then for the Ozbargainer?

        1. Create account in FTX/Gemini/Binance & Celsius with referral code from ozbargain - need know your customer (kyc) data - passport/driving license etc
          1a. Optional - create 2nd/3rd account using your own ref code for family
        2. transfer AUD from oz bank
        3. Buy TRX/ALGO
        4. Transfer to Celsius as TRX/ALGO
        5. Buy/exchange/convert to BTC/ETH/any crypto with TRX/ALGO
        6. wait/hodl 30 days for credit
        7. Convert the BTC/ETH/crypto back to TRX/ALGO
        8. transfer from Celsius to FTX/Gemini/Binance
        9. withdraw as AUD (being at least $40 richer if prices don't fall)
      • Can I directly deposit $400 to Celcius from the bank fro receiving the referral bonus?

  • Been enjoying the boom from Celsius, Binance but just be aware guys, they and crypto institutions like BlockFi, YouHodler etc are not truly the decentralized future of crypto. You inherently have to trust them, which isn't the vision of crypto imo.

    • **Hint: PancakeSwap, UniSwap…

      • Pancakeswap is built on the highly centralised BNB

        • I wouldn’t say it’s highly. Highly would be things like your traditional banks etc.

          PCS sits somewhere between centralised and decentralised. With this, there are certain advantages such as if funds are stolen, there is a certain degree the funds could be recovered back.

          Having said that (wishful thinking) maybe one day CZ would give up all the nodes.

  • I need to read a guide for best way to buy and hold crypto these days. So out of the loop.

  • Used Celsius since the last promo code post, bonuses were paid with no issues

  • Promo code BTC40 needs a separate $400 deposit? Or will one deposit cover both?

    • I think they are not stackable now. Only stackable code is Un_block

      But in the past when they were stackable, you would need to deposit the total amount separately.

    • if you have an account and open another in your spouses name, you both receive BTC 40. The way i did it with the $20 promo is use a referral code (can google it or get from ozbargain), opened my account for $200. then used my referral code and opened an account for the SO for another $200 so we both got $20. but BTC prices went up, so I stuck with it … originally the plan was to make a quick $60 off $400. Note - all prices are in USD .. so your AUD amount will be significantly more.

  • Celsius will replace banks.

  • These reads like a HYIP to me.. Your $400 is being used to pay the last 10 people $40 worth of Bitcoin…

    This is the office address they give on their website: https://www.commerciallistings.cbre.co.uk/en-GB/listings/pro...