Celsius crashes crypto stablecoin loans to $100

Celsius, a platform where one can earn and borrow crypto, openly declared that individuals from selected locations could solicit Stable coin loans beginning at 100 USD.

This move has positioned Celsius as an industry leader in providing accessible loans to registered users.

Through the Celsius platform, registered users can take a loan of 100 USD or more in USDT, USDC, GUSD, TUSD, PAX, or DAI. More so, borrowers can take loans valued at 15,000 USD or even more.

Interestingly, Annual Percentage Rates (APR) is just 16, and borrowers can receive around 25%6 discount if they make payments using CEL, Celsius's native token.

Celsius is a force committed to creating easy access to affordable and financial services. Celsius users can take out loans without providing
proof of income, a credit check, or selling their digital assets.

"We know this announcement will enable thousands of new and existing Celsians to take advantage of better financial opportunities without giving up their crypto," said Aliza Landes, Celsius's VP of Lending.

"If you have $200 of Crypto or more, you can now get a loan from Celsius at 1% APR and pay only $1 in total interest to borrow the funds you need." Celsius CEO Alex Mashin-
sky added, "Celsius has scaled its loan operations exponentially this year, and we have a lot more in
store for the rest of 2021."

Qualified borrowers can apply for a loan quickly through the Celsius mobile app. To learn more about Celsius loans, please visit: https://celsius.network/crypto-loans

Celsius' services, including loans, may not be available in all jurisdictions. Confirm your eligibility via our mobile app. Further limits may
apply in specific locations.

About Celsius

Celsius helps hundreds of thousands of consumers worldwide to find the path towards financial independence through a compounding yield service and instant, low-cost loans accessible via a web and mobile app. Built on the belief that financial services should only do what is in the best interest of the customers and community, Celsius is a blockchain-based fee-free platform where membership provides access to curated financial services that are not available through traditional financial institutions.