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How To Easily Buy Crypto on Celsius Network

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@bryandivisions
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Today we're going to show you how easy it is to buy crypto on Celsius.

This option is a great choice if we're considering lending on Celsius anyways, as we are now cutting down the withdrawal fees we would have to pay if we were buying our crypto from other services and sending it into Celsius.

Buying on Celsius not only cuts down on the transfer fees we'd have to spend to deposit into our Celsius account, but we now also have the ability to withdraw our crypto at any time for free, since Celsius pays all withdrawal fees.

Let's buy $100 worth of Ethereum and view the process.

Log-in to your Celsius app and then either click on 'Buy Coins' at the top of the main screen, or select the crypto from your portfolio and then click 'Buy'.

Celsius offers two options to buy crypto through their partners, either with a credit card or a wire transfer.

Today we're going to focus on the bank transfer as the fee is only 0.1%, compared to a 3.5% fee for using a card.

Click 'Continue' to proceed using Gem to purchase crypto with Celsius. You'll be asked to provide a 6-digit verification code which will be sent to your email.

Copy the code from your email and paste it to confirm your identity.

Next, we'll click 'Buy - Bank, Credit / Debit Card'.

Let's select the amount of ETH we want to buy, either in terms of ETH or the amount in fiat. I'm entering $100 in USD. Then we'll click Payment Method and will choose our account for the Bank Transfer.

Either choose your connected account or Add New Payment Method. We'll then click 'Continue to Buy'.

We'll see an order Preview, and here we can see the 0.1% fee on $100 is only .10 cents. Nice! Everything looks good, so let's click 'Confirm Purchase'.

Congrats! You've successfully purchased crypto on Celsius!

You can now view the pending transaction underneath the 'Buy Coins' section.

Once the transaction is completed, the total amount of crypto you purchased will be deposited directly into your Celsius account, and you'll start gaining interest rewards on it!

So yes, we do have to wait a few days for the bank transfer to complete, but the good news is we don't have to pay an extra withdrawal fee in order to get it into Celsius.

I absolutely love Celsius and will be buying my crypto from their app for the foreseeable future. The best part is that even if I want to send this crypto to my Ledger Nano X hardware wallet, I can do so without paying an extra withdrawal fee. This brings a much more efficient flow to my crypto purchasing, and I hope it does the same for yours as well.

If you're not using Celsius yet, you can grab a $20 BTC bonus after holding at least $200 in crypto within the Celsius app for 30 days. Not only will you get the $20 BTC bonus, but you'll also be earning interest on all your deposits.

At the time of this writing, Celsius is offering 6.2% on BTC, 7.06% on ETH, 3-16% on alt coins, and 11.55% on stablecoins such as DAI and USDC. And you can withdraw anytime and they'll cover the withdrawal and network fees. This is why I love Celsius!

Thanks for reading, and I hope this post helps you on your crypto journey!

Posted Using LeoFinance Beta