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  2. Loan Rates
Celo logo

Celo (CELO) Loan Rates From 10% APR

Get a CELO-backed loan from 10% APR instead of selling. Compare 1 lending platforms.

Last updated: November 28, 2024|Advertising disclosure

Calculate CELO Repayment

NexoSponsored
Borrow Against Your Crypto with Nexo
  • Rates as low as 5.9% APR.
  • Instant approval and funding.
  • No sell-off of your crypto assets.

Similar Coins to Borrow

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Flux (flux)

Supported Lending Platforms

Nebeus logo
Nebeus
Nebeus

0.1% CELO

Newly Added Coins to Borrow

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Frequently Asked Questions About Celo (CELO) Loans

What is Celo and what is its primary use case?
Celo is a blockchain platform designed to enable accessible, mobile-first decentralized applications and digital assets. Its core focus is on scalable, user-friendly financial dApps that can run on mobile devices, with a strong emphasis on enabling global financial inclusion. The native token, celo, is used for paying transaction fees, participating in governance, and as a means of value transfer within the Celo ecosystem.
How many celo tokens are in circulation and what is the maximum supply?
As of now, approximately 592.2 million celo tokens are in circulating supply out of a maximum supply of 1 billion tokens. The capped max supply helps provide a predictable inflation model, though the circulating supply can change as new tokens are issued or burned through network activity or governance decisions. Always check a reliable price tracker for the latest figures before trading or investing.
What is the current price and recent price trend for celo?
The current price of celo is around $0.1208 per token. In the last 24 hours, the price has risen by about 3.09%, reflecting a positive short-term momentum. Like all cryptocurrencies, celo’s price is influenced by broader market conditions, project developments, and sentiment within the DeFi and mobile-approach ecosystems. For traders, monitoring volume, liquidity, and on-chain activity can provide additional context beyond the price alone.
How can I buy or store celo securely?
Celo can be purchased on many centralized and decentralized exchanges that list the token. To store celo securely, use a reputable wallet that supports ERC-20-like tokens or the specific Celo token standard (depending on wallet integration). Hardware wallets (like Ledger) offer strong security for long-term holding, while mobile wallets with passcode protection can be convenient for everyday use. Always enable two-factor authentication on exchange accounts and consider using a hardware wallet for larger balances.
What factors could impact celo’s future price or adoption?
Key factors include network growth (active users and dApp activity), development progress (upgrades, interoperability, and developer tooling), regulatory developments affecting digital assets, and macro market trends in crypto. Celo’s ongoing emphasis on mobile accessibility and financial inclusion could drive adoption in emerging markets, especially if partnerships with fintechs and mobile operators expand. Diversify exposure and stay informed about project updates, governance proposals, and ecosystem milestone announcements to gauge potential impact on price and usage.

Compare Celo (CELO) Loan Rates

PlatformCoinInterest rate
NebeusCelo (CELO)From 10% APR

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