Celsius Network—Earning Weekly Crypto Interest

Thrifted Grad
2 min readMay 1, 2020

How I put my crypto to work for me:

I joined Celsius last fall to start earning interest on my crypto and haven’t looked back. Earning 3–10% interest on Bitcoin, Ethereum, Litecoin, etc. has been a game changer financially. Rather than having those investments sit idly on exchanges, Celsius lets you actually earn with your holdings. For example, here’s what my Celsius app home screen looks like:

What Celsius looks like when I open the app

One of the most underrated features is stablecoin earnings—while savings accounts at banks have effectively dropped interest rates to zero, Celsius is one of the few ways to actually earn meaningful interest on those dollars. By converting dollars to USDC on Coinbase or GUSD on Gemini, you can then transfer those stablecoins to Celsius and earn ~8% annual interest! That’s one hell of a deal.

You can choose to earn either in the cryptocurrency that’s deposited, or alternatively if you want to earn a few percentage points more, you can choose to earn in the native token CEL.

Normal interest percentages in blue—CEL interest percentages in green

Right now, I choose to earn normally (rather than in CEL) because I’m waiting to see if CEL will be listed on a major exchange. But that might change soon. As we wait to see what happens with the Bitcoin halvening, this is where I’m storing my crypto!

If you use my referral code (1489846e84), you get a free $10 in BTC when you deposit $200 or more worth of coins—and that can be stablecoins too!

Join here today: https://celsiusnetwork.app.link/1489846e84

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Thrifted Grad

Saving money for those with limited time—like grad school.