Celo (CELO) is a project that aims to solve real problems, namely to implement blockchain technology even in the most remote countries and make finance more accessible.
What is Celo (CELO)?
The founders of Celo project have set themselves a useful and innovative goal: to unite smartphones and cryptocurrency and make finance available even in the most remote corners of the world, where there are no banks, since all a person needs to conduct financial transactions is his smartphone. The Celo project allows you to link a subscriber’s number to a wallet application, use it like a public key, and transfer funds to any of your contacts. The Celo blockchain works on the basis of the Proof-of-stake (PoS) consensus algorithm. The issue of cryptocurrency is limited and amounts to 1 billion coins. Celo is an extremely ambitious project with world-renowned investors. As of June 17, 2021, the market capitalization of the Celo is $594,996,338, with a price per coin of $2.40.
Why should I trade Celo?
The Celo exchange rate did not fall below $1, which gives reason to believe that the coin is consistently in demand. On April 24, 2021, the highest price per one coin was recorded, which was $6.13. As we can see, the coin is a profitable and stable investment. In addition, it is in demand among traders from all over the world, as the project has distinctive features that will undoubtedly lead it to success.
How much CELO will be worth?
According to the Wallet Investor, CELO can be considered as a great investment for both short-term and long-term investors. Within 5 years the price may surge up to 14.579 USD, while in 2021 the price of CELO is 5200 USD.
Simply put, $100 invested in CELO in 2021 can eventually transform into $280 in 2026.
At the same time we encourage our readers to do their own research, as far as the information given above is not a financial advice.
Where to trade Celo?
The safest and most reliable way to buy and sell CELO are cryptocurrency exchanges. To make the task as easy as possible and make trading cryptocurrencies convenient and more accessible, everyone can use the crypto broker app. CELO is available for trading on many reputable exchanges, including:
- Binance – the most famous cryptocurrency exchange, with a high trust rating.
- Coinbase – a secure platform that makes it easy to buy, sell, and store cryptocurrency, based in the US
- 7b – reliable and simple crypto broker app.
- KuCoin – KuCoin is an exceptional cryptocurrency exchange platform founded by Michael Gan and Eric Don, based in Seychelles
How to trade Celo using the 7b crypto broker app?
To trade Celo 24/7, you can use the services of the 7B crypto broker app. Trading CELO has never been easier:
- Step 1. Create an account on 7b and deposit the desired amount of funds.
- Step 2. Choose the preferable trading pair.
- Step 3. Select “Buy” or “Sell”.
- Step 4. Confirm the details of the transaction.
- Step 5. Success!
FAQ
Is Celo a good investment?
Yes, CELO is a great investment. The cryptocurrency shows good results throughout its formation and the price for one coin has not yet fallen below $1. Celo is a young and extremely ambitious project that has absolutely every chance to enter the top of the world’s cryptocurrencies. In June 2021, the price for one coin is approximately $2.40, put it in your crypto portfolio to sell it profitably at the right time.
How do I invest in Celo?
You can invest in CELO using the crypto broker app 7b. The 7b team tried to make the purchase as convenient and understandable as possible for everyone. Just install the app, select a trading pair, and confirm the transaction.
How to trade Celo for beginners?
7b is the best place for beginners in the field of cryptocurrencies. Just search for CELO in the search bar, select the preferable action, enter the desired amount, and start trading. Do not lose your head at the first profit, carefully monitor the changes in the exchange rate and do not invest more than 30% of your funds.
What is Celo Blockchain?
Celo is a blockchain platform for creating smart contracts and decentralized applications. Celo’s developers believe that such a phenomenon as cryptocurrency is indispensable in countries where the banking system is poorly developed, but where smartphones are widely used.
How safe is Celo
CELO is an absolutely safe asset, both suitable for long-term and short-term investments. The guarantee of CELO security also comes from the platforms listed it – Binance, Gate.io, 7b.
How do I exchange Bitcoin to Celo?
Step 1. Log in to your crypto exchange account
Step 2. Search CELO/BTC exchange pair
Step 3. Enter the necessary amount of CELO
Step 4. Confirm the exchange operation
Step 5. Receive CELO
How do I invest in Celo?
To invest in CELO one should first exchange fiat money on CELO. The operation can be made via an exchange or swap platforms. Afterwards the sum should be sent either to wallet or a broker account.
