In this guide, I will show you how to apply for a collateralized crypto loan from Celsius Network, with interest rates as low as 1% APY. I will also review the risks and benefits of a Celsius loan, aswell as explain key concepts such as margin calls, liquidation price and LTV (Loan-To-Value). After watching you will hopefully have a fundamental understanding on how cryptocurrency loans with collateral work, and have discovered a new way to cash out stablecoins or dollars with your crypto as security :)
Please not that I am NOT affiliated with Celsius and this video is NOT official Celsius content.
💰 Sign Up to Celsius Network 💰
[ Ссылка ] (Use code "103734c3c3" for free $50 in BTC on first deposit of at least $400)
💰 Download Crypto.com Today 💰
[ Ссылка ] (Use code "sebx7bnsjr" for free $25 in CRO on sign-up)
DISCLAIMER: I'm not a financial advisor and none of my videos should be considered financial advice. Make sure to do your own research and always consider risk when investing :)
Thanks so much for watching! :D
TIMESTAMPS:
0:00 Intro
0:41 How Does A Celsius Loan Work?
1:28 Loans with Collateral Explained
3:07 How To Apply For A Loan in The Celsius App
4:33 When can it be beneficial?
5:31 Outro + Promo Code
