Ensure you use the referral links form this deal to sign up and Users must transfer a minimum of $200 worth of crypto and keep it in their wallet for at least 30 days.
Celsius Referral Reward Increased from US$10 to US$20 (Requires US$200 Crypto Deposit)
![](https://files.ozbargain.com.au/u/01/174801-38.jpg?h=241e17f3)
Last edited 28/06/2020 - 00:43 by 1 other user
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OP could you please do a brief intro and history on this company/service? The main landing page just screams vague and too good to be true, not great for confidence especially with recent Wirecard events.
Wirecard has nothing to do with Celsius, Celsius has no card product. Treat it like a p2p lending platform.
How do we know
1. Celsius won't exit scam
2. We are protected from counterparty risks?- Celsius won't exit scam
Wirecard was a Visa Partner. It was not just issuing crypto.com cards.
Celsius you don't know, it's your risk to take or not take.
- We are protected from counterparty risks?
Some risks are covered others are not. There is no insurance for deposits. You don't deposit fiat in Celsius. Stable coins are pegged, pegs can break.
Crypto it's self is very volatile which we have seen recently. Celsius so far has handled drops/increases very well.
- Celsius won't exit scam
Crypto is not a currency.
It is, at best, a ponzi scheme.
"We believe that a security whose appreciation is primarily dependent on whether someone else is willing to pay a higher price for it is not a suitable investment“ - https://fortune.com/2020/05/27/goldman-sachs-bitcoin-call-le…
Gotta love it when the crypto boosters and HODL crowd downvote a comment on OzB, because it calls crypto the rubbish it is.
Thanks OP
There's also a promo code "SPRING" that you can also add for an extra $10…
Mod: Removed external website link which contained referral code.