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Started By
Message
re: Official CryptoTalk Thread
Posted on 3/6/21 at 7:28 am to Vols&Shaft83
Posted on 3/6/21 at 7:28 am to Vols&Shaft83
quote:
Is Celsius legit? My brother in law sent me a referral code, is it safe to store BTC there?
They are US based and insured.
You can keep your BTC there or move it off, though like a bank, any crypto you keep there is subject to their security. The benefit of leaving BTC there is they pay you interest on the BTC you have with them.
But yes, it is a legit platform just new. Out of New Jersey I believe.
This post was edited on 3/6/21 at 7:32 am
2
Posted on 3/6/21 at 7:34 am to JayDeerTay84
quote:
You can keep your BTC there or move it off, though like a bank, any crypto you keep there is subject to their security.
But yes, it is a legit platform just new. Out of New Jersey I believe.
How are the fees if I decide to transfer out BTC to CoinbasePro or to a cold storage wallet
Posted on 3/6/21 at 7:37 am to Vols&Shaft83
quote:
How are the fees if I decide to transfer out BTC to CoinbasePro or to a cold storage wallet
That I dont know. I use Voyager.
Doesnt look like Celsius has fees on their end. So whatever CBPro has:
LINK
Posted on 3/6/21 at 7:51 am to Vols&Shaft83
quote:
How are the fees if I decide to transfer out BTC to CoinbasePro or to a cold storage wallet
Basically, the withdrawal fee is whatever the network fees are. Around $17 per transaction, which you can check here: BitInfoCharts
This post was edited on 3/6/21 at 7:51 am
Posted on 3/6/21 at 8:55 am to Vols&Shaft83
To get the interest rate they are all doing collateralized and uncollateralized lending of your tokens. They are yield farming with a portion of deposits, so risk is there.
Posted on 3/6/21 at 9:27 am to eng08
quote:
To get the interest rate they are all doing collateralized and uncollateralized lending of your tokens. They are yield farming with a portion of deposits, so risk is there.
Are the deposits insured in any way? Banks yield farm the same way, but my deposits are FDIC insured. I'm not opposed to calculated risks, I just want to know how to calculate them
Posted on 3/6/21 at 12:39 pm to Vols&Shaft83
quote:
Is Celsius legit?
Love Celsius and waking up every Monday to more Link.
Posted on 3/6/21 at 12:53 pm to CE Tiger
Quick question on Celsius do I need to move the rewards toy accounts or does it do it automatically? I have XLM and LINK on it
Posted on 3/6/21 at 1:08 pm to tduecen
the interest? deposits automatic every Monday on Celsius
This post was edited on 3/6/21 at 1:09 pm
Posted on 3/6/21 at 1:26 pm to ChuckO1975
I got in when it was right around $2 up to $8 now, tempted to take my small gains and walk away but getting greedy
Posted on 3/6/21 at 2:16 pm to JayDeerTay84
quote:
They are US based and insured.
London based.
Posted on 3/6/21 at 3:22 pm to DeathValley85
quote:
Was nobody going to tell him that LINK isn’t an “ETH killer”? In fact LINK isn’t even a blockchain.
Nowhere did I say that link was an eth killer nor that it was a blockchain.
Guess that's why nobody else commented.
Posted on 3/6/21 at 3:39 pm to Douglas Quaid
It really wasn’t hard to read your comment and perceive it that way. 
You’re also assuming the others around here know anything
But I agree I try to avoid ETH/BTC killers.
You’re also assuming the others around here know anything
But I agree I try to avoid ETH/BTC killers.
Posted on 3/6/21 at 3:50 pm to tduecen
quote:
Quick question on Celsius do I need to move the rewards toy accounts or does it do it automatically? I have XLM and LINK on it
I just leave it in there and allow for compound Interest. You are paid in the same token you deposit .
Posted on 3/6/21 at 4:52 pm to CE Tiger
With news of the stimulus coming in, I think it’s time to pump these crypto numbers up.
These are rookie numbers.
These are rookie numbers.
Posted on 3/6/21 at 7:39 pm to Ross
Hoge is headed to the moon
This post was edited on 3/6/21 at 8:05 pm
Posted on 3/6/21 at 11:40 pm to Cleanmatt
Recent low cap entries for me
PPAY
BEPRO
DGCL
risky of course
PPAY
BEPRO
DGCL
risky of course
Posted on 3/7/21 at 3:06 pm to Ross
I wonder if the higher highs/higher lows are here to stay? Do we see sub 20k btc ever again?
This post was edited on 3/7/21 at 3:08 pm
Posted on 3/7/21 at 3:39 pm to down time
I think servers will melt if we see sub 40.
Posted on 3/7/21 at 3:42 pm to down time
quote:No
Do we see sub 20k btc ever again?
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