*chart isn't up to date, will describe current rates below
>holding Celsius tokens your immediately entitled to 5.12% compounding interest weekly. >Up to 35% bonus interest if Celsius tokens are at least 30% of your portfolio wallet. >Even more Celsius tokens for holding Bitcoin and altcoins 4% Bitcoin interest weekly plus 6.2% of your bitcoin's value in Celsius, which is also the same % you get for holding eth, which gives you 3.8% of eth interest Dash: 6.18% in dash + 8.43% in Celsius BCH: 3.82% + 5.19% in CEL LTC: 4.13% + 5.62% in CEL XRP: 3.61% + 4.91% in CEL XLM: 2.53% + 3.43% in CEL ZRX: 2.89% + 3.92% in CEL OMG: 1.51% + 2.05% in CEL EOS: 4.45% + 6.06% in CEL
>If you live outside the u.s., your CEL rates are even greater with interest for holding Tether, USDC, TUSD, GUSD, DAI, and more.
Works until it doesn't. Literally same model as a Ponzi scheme. Can't wait for Sergei to get fucked
James Murphy
just remember >not your wallet not your coins
Andrew Williams
Pyramid scheme garbage. One day the company will go bankrupt and you will lose everything. Also their "Head of Institutional Lending" was literally in a Girls Do Porn scene. Do you trust a whore with your money?
Cameron White
source
Easton Walker
There's better alternatives for every coin out there except BCH. The rates you've posted are outdated, they're much lower now. Go away, shill. Nexo is still better for stablecoins, and real DeFi is better for ETH and tokens.
Kayden Lopez
Nexo are partnered with Lloyd's which is a century-old institution with much to lose if it works with a ponzi. There's good actors in this game. Celsius on the other hand just got booted by their insurer, BitGo. BitGo continues to insure Nexo's coins but they're now considering Celsius a scam. DYOR.
P.S. I withdrew my coins from Nexo yesterday because I found an arbitrage opportunity, but I usually use them. My favs are Compound and Aave tho
Kayden Adams
I trust Celsius more than I trust the pajeets shilling shitcoins with shit purpose like MachiX
>inb4 "b-but your shilling Celsius" I don't care if you buy Celsius or not. I can afford to lose the $120 I put in it if it's a scam, I can ride it out with Daddy Trump's stimmy check next week.
Andrew Bennett
basically a bank bussiness model, how is it a pyramid scheme?
Ian Roberts
Butgo is the reason i withdrew everything, also the whore.
Leo Davis
After a year, you'll have made $5 dollars. That will barely cover transaction fees, you nigger shill.
>he puts his hardearned money into a ponzi scheme marketing itself as "defi" run by incompetent retards who don't even search their prospective hires on google, and a woman who was too stupid use a pseudonym when doing a porn shoot. Kys
Hudson Cox
A bank actually has a business model. No one is using these loans and the company behind Celsius is burning cash. They're offering large, unsustainable sign up bonuses to get people to deposit in order to keep their charade running.
Aaron Butler
Crazy! What about mco? I also felt nexo was the safest with cel being scammy. Also the ceo lies about inventing voip. I know all centralized finance is risky but some must be safer than others.
MCO is banned in my country and their domain is blocked, seriously. Their ICO is a total scam but they look legit now. Can't spoonfeed you simply because I don't know. I made a google translate of their whitepaper at ICO time and they gave me ~1500 MCO tokens for it, worth $50,000 a month later, so I've been unable to trust their actual service, but I love them kek.
Isaac Mitchell
P.S. When I did the translation I still read the fucking whitepaper. I said it was a scam because the WP itself was a marketing brochure proclaiming "lambo moon" with very few details about an actual business plan, also their Polish CEO was a convict from what I remember. But if they happen to be transparent with their finances, it's not impossible that they've evolved in those 3 years since then.
Benjamin Cruz
this guy gets it. Nexo is great. I use crypto.com though because it has tons more features. Being American is suffering though, can't use the exchange and can't get flash loans, but otherwise it's pretty great.
Also BTW I'm the guy who first posted about Jessica Khater being in GDP 349 after the chainlink announcement. I knew because I actually used their service before that. Actually a lot of anons knew back in late 2019.
Sebastian Adams
And just to kind of drive it home a bit on why crypto.com is my poison of choice, still the biggest name in the game for crypto to fiat debit. I just press a button and can spend my crypto on a coke. There's a lot of power there, and the bsvjeets fear this because muh crypto to crypto transactions
Leo Watson
Ya, I have done a lot of research on all of the options including cel and nexo. Nexo seems the most professional as they never make outlandish claims and never did scammy things. Crypto.com literally did an ico with CRO, a completely useless coin, to get more money to support their business but as they own 60 percent of the supply they are constantly pumping it.
Carson Cruz
Didn't even know about CRO, but Monaco was one of the first 2017 moon missions and I remember them dearly. I also happen to live 600m away from Nexo's office, so if shit hits the fan I can just give them a visit:
Yeah, cro is a scam. But I do admire the fact that they have done an okay job giving it a separate utility from MCO. I think it would be too hard for them to give the same functionality to MCO without a dramatic restructuring of card tiers, price would just pump way too high and they are still in a heavy customer acquisition phase. But I think that's why I don't compare it to nexo, myself. Maybe if nexo ever ships their credit cards, I'll switch, since I think that would be more tax efficient. Nexo has a better loan system and I think is a lot cleaner, but is hindered by the lack of an exchange.
That's the reason I like mco. Actual financial reason for people to hold. Get 12 percent interest if you hold enough. Then give free cards to everyone and you have people using the platform. At one point mco supply will be less than demand and price will sky rocket. That is if the team can stop themselves from doing anything stupid or exit scamming first. Luckily they ripping off a lot of idiots with CRO so that will give them funds for a while.
Bentley Gomez
Nexo is the best team by far. Also professional, also on big financial shows, actually release financial statements of profits. But you made valid points. If I had a million dollars I would feel better having them on nexo then crypto.com and I would not even consider cel.
Ryan Cook
Yep. Mco was the easiest buy ever when it dumped with the market. Because it isn't as prone to dumping itself. There is a real incentive to holding it. So when it does dump, it isn't made worse by panic sellers. I got to 500 with the last dump and couldn't be happier. Wish I bought more. If it dumps again, better believe I'm buying more.
Yeah I have almost nothing bad to say about nexo. I think my problems are all more about the regulations that hold things up. I do think the way they've handled the card situation though has been poor. But their loan model is good, and I think there is something to be said about a loan that isn't defi. More security. Nexo has more of a clear insurance vs CDC. I think CDC has good security as well but it's a little vague in if funds are safu
