CelsiusX is the DeFi arm of Celsius, which is a modern financial services platform accessible via web and mobile app.
Built on the belief that financial services should only do what is in the best interests of the community, Celsius is a democratized reward-earning and crypto lending platform where membership provides access to curated financial services that are not available through traditional financial institutions.
Crypto holders can earn rewards by transferring their coins to their Celsius account and can borrow USD or stablecoins against their crypto collateral at interest rates starting at 1% APR.
For additional information on this feature, be sure to check out our blog and our YouTube video explaining it.