US$50 or US$100 Bonus on Crypto-Backed Loan Applications of US$500+ or US$5000+ @ Celsius Network

130

Go to Deal

darksbane on 02/02/2021 - 06:54 celsius.network (98 clicks)
Last edited 02/02/2021 - 15:33 by 1 other user

LOANLOVE

1. Enter promo code: LOANLOVE
   To enter a promo code, go to the “Profile” section of your Celsius app and select “Enter a promo code”
   Valid through February 14, 2021 pending individual loan approval
   Promo codes can be entered before or after you submit your loan request - I'd do it before though just to be safe.

2. Apply for a loan through your Celsius app by Sunday, February 14, 2021
   Get a $50 crypto bonus for a loan over $500
   Get a $100 crypto bonus for a loan over $5,000

3. Receive funds to your Celsius wallet or bank account

4. Get rewarded up to $100 in crypto by Monday, March 1, 2021
   US customers will be paid in BTC, Non-US customers will be paid in CEL
   Reward will be unlocked on October 1, 2021 for all loans active through this date
   One reward per user based on total borrowing amount

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Celsius Network

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  BoundedRationality on 02/02/2021 - 08:29

  +1

  Pretty sure offering loans in Australia means you need to be licensed by ASIC… don't see any reference to that on your website. https://asic.gov.au/for-consumers/loans-and-credit-cards/

• 

  Spennyrich on 02/02/2021 - 08:29

  Word of warning, everything takes as long as possible with these guys. You wanna add a new wallet, 2 emails and a 24 hour cool down period. For goodness sake make sure you add relevant details. I'm waiting 2 months now to see my XRP.

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  deme on 02/02/2021 - 09:05

  +1

  Can someone translate this into Normie for me?

  • 

    [Deactivated] on 02/02/2021 - 09:55

    +2

    Unlicensed financial service offering "cashback" in the form of a token which is all over the place in pricing, meaning that it's a $50USD no $35USD no $62USD no $12USD cashback in nine months time.

  • 

    outlander on 02/02/2021 - 10:27

    +1

    It's for people who have crypto coins already, need cash right now, but don't want to sell their coins. Possibly for tax reasons.

    This service allows you to get a loan using your cryptocoins as collateral. You presumably hand control of the coins to them and they send you the money. The maximum leverage is 0.5, meaning that in order for you to borrow $1000, you need to give them $2000 worth of cryptocoins as collateral.

    • 

      deme on 02/02/2021 - 12:14

      +3

      This isn't a scam?

      • 

        machej on 08/02/2021 - 02:14

        +2

        Nah, Celsius has been around for some time. So far so good, they do have a proper business model.

    • 

      hny3 on 13/02/2021 - 15:03

      So, if I have $1000 coin, they'd "lock" that until 1 Oct 2021, and they'd lend me $500 for free? Then in 1 Oct 2021 I can "buy back" my coin for the same amount ($500) in exchange of $50 bonus? Still confused with this type of loan