Celsius Network, a blockchain-based lending platform has launched CelPay to allow cryptocurrency investors to seamlessly send and receive cryptoassets in real-time, without fees or keys.
With the CelPay app, crypto holders can overcome all the existing challenges that come with sending digital assets, including expensive fees, delays in transaction confirmation and others.
CelPay allows users to send cryptos via messenger, email, or even social media platforms without having to pay fees.
The CelPay app currently supports ETH, BTC, BCH, CEL, LTC, XRP, and OMG. To send digital assets, users are required to enter the value in USD or coins, as well as the name of the particular cryptocurrency they wish to transfer.
The transfer appears instantly as a link via email, text, social media, etc. The process works even if the recipient doesn’t have a wallet and first-timers will be required to undergo a simple KYC check before claiming their crypto.
The CEO of Celsius, Alex Mashinsky reiterated that the platform is targeted at boosting global cryptocurrency adoption, adding that he firmly believes CelPay will be highly beneficial to all users.
“At Celsius, we’re looking to grow the community to more than 100 million crypto users and user-friendly, practical tools like CelPay are needed to achieve this great goal. Crypto is a tool of freedom for all, but that can only be a reality if transferring crypto is just as painless as dealing with fiat. CelPay accomplishes exactly that.”
Celsius is changing the lives of the masses for good, with its democratized interest income and lending platform available on mobile.
The team firmly believes that financial platforms must always act in the best interest of users, and as such it provides clients with services that are not accessible via traditional finance systems.
Crypto holders on the platform can earn interest by using the Celsius Wallet. Users can also borrow USD, using their digital assets as collateral at interest rates as low as 5% APR.
For more, visit www.celsius.network
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