Celsius
What was Celsius Network LLC?
Celsius was a cryptocurrency lending company headquartered in Hoboken, New Jersey. In July 2022, the company filed for Chapter 11 bankruptcy. Celsius allowed users to deposit various cryptocurrencies into a wallet, earn interest, and take out loans using their cryptocurrencies as collateral.
Key Features
- Secure Cryptocurrency Lending
- Interest Payments in CEL Token
- Global Operation with Offices in Multiple Countries
- Support for Major Cryptocurrencies like Bitcoin and Ethereum
Use Cases
- Earn Interest on Deposited Cryptocurrencies
- Borrow Using Cryptocurrencies as Collateral
- Participate in Token Sales and Trading
Visit their official website to learn more:
https://www.celsius.networkAccounting Features Supported for
Reconciliation & Sanity Checks >
Soon
DeFi Protocols
Soon
NFTs Valuation
Soon
Automated Rule Categorization
Soon
Integration to ERPs, QuickBooks, Xero, Netsuite, Sage, Pennyworks, etc.
Soon
