No, the CEL token cannot be used as collateral but can be used for monthly interest payments at a discount!
Articles in this section
- Who are dollar loans for?
- What is the term length on these loans?
- How do I pay off my loan?
- What are the interest rates for Celsius loans?
- How do I pay interest on my loan?
- What coins can be used for collateral on the app?
- Do i earn interest on the coins that are locked as collateral?
- Why does the interest rate vary on loans?
- What happens if my assets drop sharply in value?
- Will you ever sell my assets without asking me?