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How & Where to Buy Celo A Step-by-Step Guide to Buying CELO

  1. Sign up at Coinbase, the #1 rated CELO exchange.
  2. Fund your account with cash or crypto.
  3. Buy CeloCELO
  1. STEP 1Find the Best CELO Exchange
    • fLpdtiaZ
      Ease of use
      Easy
      Time to 1st Buy
      2 hrs
      24h Volume
      $
      Coins
      57

      No platform has been able to attract first-time cryptocurrency investors quite like Coinbase. Each quarter, millions of new users sign up and take advantage of the simplest and smoothest customer purchasing journey in the market. Coinbase also aims to educate beginners, paying them in crypto to learn about different projects.

    • Current Coinbase Pro Review
      Ease of use
      Very Easy
      Time to 1st Buy
      24h Volume
      $-1
      Coins
      48

      Coinbase’s advanced cryptocurrency trading platform has lower fees and far more functionality. Formerly the highly popular GDAX, Coinbase Pro was purchased and rebranded with great success, now boasting one of the highest daily trading volumes and average liquidity. Highly secure with zero hacks. You can connect accounts to Coinbase to access wallet holdings.

    Go to Coinbase and create an account. In some cases, the exchange will need some personal information like email address, phone number, name, address, and a copy of your government ID or passport.

    This is completely normal and all exchanges we list on this page have security in place to protect your personal info.

  2. STEP 2Fund Your Account

    It is now time to add funds to your newly created exchange account. This will allow you to purchase Celo CeloCELO quickly.

    Upon signing up at the exchange, you should be shown easy to follow instructions to buy CELO with cash from your bank account or credit or debit card. Some exchanges also accept alternative funding methods such as Paypal, Apple Pay, Skrill, or Sofort by Klarna. You can also deposit any supported cryptocurrencies directly into your exchange account and trade them for CELO.

Frequently Asked Questions About Buying & Selling Celo (CELO)

How do I Buy CELO with Crypto?

If you want to buy CELO with a cryptocurrency like Bitcoin, Ethereum, Litecoin, XRP, or BNB, then you can simply sign up for Coinbase and send your crypto to your account.

You can view the supported cryptocurrencies for the exchange you selected by going to the assets or wallet screen. Once you see a list of coins, you should be able to select one and click "deposit" which will show you the address to send your crypto to Coinbase.

You will then copy that address and paste it into the wallet holding your cryptocurrency and send.

Depending on the blockchain used and how quickly the exchange processes deposits, your funds should show up in your exchange balance within minutes.

How do I sell Celo (CELO)?

To sell CELO, simply reverse the buying process described above. You will likely need to trade your CeloCELO into a USD coin like usdtUSDT. Look for a "Sell" button in your account wallet and sell for Dollars, then initiate a transfer to your bank account. To withdraw cash to your bank, you will likely need to complete a full KYC (Know Your Customer) process if you haven't already.

Celo Research Center

Celo Technical Details & Statistics

Tokenomics
  • Market Rank80
  • Market Cap425,287,691
  • Circulating Supply450,833,963
  • Total Supply1,000,000,000 CELO
  • Max Supply1,000,000,000
Yesterday's Trading
  • 24 HR Volume27,138,987 USD
  • Yesterday's High / Low---
  • Yesterday's Open / Close---
  • Yesterday's Change---
All Time Performance
  • All Time High---
  • All Time Low---

How and Where to Buy Celo (CELO)

Rene Reinsberg and Marek Olszewski founded Celo in 2017. Both were executives at GoDaddy, a leading web hosting company. Between 2018 and 2020, Celo raised around $120 million from selling $CELO tokens in public and private token sales. Early investment partners include a16z Crypto, Social Capital, and General Catalyst.

The Celo Foundation, launched alongside the Celo network, is a non-profit organization and the Celo Alliance for Prosperity is an “ecosystem for mission-aligned organizations.”

Building for climate change. Creating the world’s first carbon-neutral blockchain was just the beginning.” – Celo website

What Is Celo (CELO)?

Celo is a blockchain ecosystem to increase smartphone users’ adoption of cryptocurrencies. Phone numbers are used as public keys, making it easy to send and receive crypto via your mobile phone.

Developers can create smart contracts and DApps on the Celo mainnet, launched in April 2020.

Celo has four native cryptocurrency tokens: –

1.    $CELO is a PoS (proof of stake) token used to pay transaction fees and to participate in governance

2.    $cREAL – an asset purpose-built for the community and is also available on Celo DApps

3.    $cUSD (the Celo dollar) – a stablecoin that tracks the U.S dollar

4.    cEUR (the Celo Euro) – a stable digital asset that tracks the Euro.

What Makes Celo (CELO) Unique?

The primary USP (unique selling point) for Celo is the emphasis on attracting smartphone users to the network. Celo believes that global crypto adoption is slower than the increase in smartphone owners. In addition, the simplicity of sending crypto to anyone in your contact list is appealing. Typically, public keys are cryptographically 42-digit addresses. Using your smartphone number as the public key minimizes the risk of forgetting your public key address

Crypto adoption by smartphone access is useful for populations without access to traditional banking sectors. Celo bridges the gap between technologies and provides the benefits of decentralized finance (DeFi) coupled with the creation of smart contracts and DApps.

The Celo blockchain, optimized for mobile use, calculates transaction fees automatically.

·   Stable Value Currencies – The Celo user-friendly stablecoins, cUSD, cEUR, cREAL, USDC, and others are available via desktop or mobile devices

·       Full EVM (Ethereum Virtual Machine) Compatibility – ERC-20 token support and Ethereum tooling enable porting of DApps

·       Proof-of-Stake (PoS) – the Celo permissionless PoS consensus mechanism is powered by the carbon-negative, decentralized infrastructure

·       Phone Number Mapping – a seamless mobile experience, mapping phone numbers to public keys

·       Cross-Chain Interoperability – developers can build apps that “enable cross-chain communication across a growing number of compatible chains.”

·       Low and Multi-Currency Gas Fees – users can pay transactions with stablecoins in the same way as spending fiat currencies

How and Where to Buy Celo (CELO)?

If you wish to invest in Celo (CELO) tokens, it’s good to purchase from a cryptocurrency exchange with an excellent reputation. Choose a platform with good trading volume, a broad range of coins and trading markets, and ideally, 24/7 customer support. Binance is a leading exchange in the crypto space that ticks all of the boxes for investing in $CELO tokens: –

1. Sign up for a new account with Binance

2. Register your details and upload the identity documents requested

3. Once your account is confirmed, you can deposit with cryptocurrency, wire transfer, Mastercard, or Visa

4. Click on the “exchange” button and look for a $CELO pair: On Binance, choose from CELO/USDT, CELO/BUSD, or CELO/BTC

5. After purchase, transfer your $CELO tokens to a crypto wallet. You can download Trust wallet to your mobile if you wish to trade on the go and monitor your $CELO holdings

How do I Sell CELO (CELO)?

1. On the Trust Wallet app or your exchange wallet, locate the “trade” tab

2. Sell your $CELO tokens for a stablecoin, $USDT, for instance

3. Transfer the $USDT to an off-ramp platform with a good choice of fiat currencies like Coinbase or Gemini

4. Once the transfer completes, go to the “trade” tab and sell the $USDT for a fiat currency, which you can then withdraw to your bank account

Should I Buy Celo (CELO)?

We cannot offer financial advice about buying cryptocurrencies. If you wish to buy Celo (CELO) tokens, become familiar with the project to understand how it might scale for growth in the future.

Once you feel confident about investment, several leading cryptocurrency exchanges list $CELO tokens. Established in 2017, Binance is the world’s leading crypto exchange by trading volume. Close contenders are Coinbase, popular with crypto newbies, and Gate.io, a crypto platform that offers a cold storage wallet for its users.

How do I invest in Celo (CELO)? Safely?

Firstly, all investing is risky because the market cannot provide guaranteed growth. Your investment could diminish during a volatile crypto bear market, or equally, it could make significant gains. When you invest in $CELO coins, be aware of the possibilities for loss or profit.

Secondly, it’s crucial to remove your $CELO tokens from the open exchange and send them to a crypto wallet. Download the Trust wallet to your mobile for Binance or another suitable wallet that supports $CELO coins

$CELO token pairs on Coinbase and Gate.io

  • Coinbase – To clarify, Coinbase lists $CELO as $CGLD tokens because the exchange invested in Celo in 2018, so pairs available are CGLD/USD, CGLD/BTC, CGLD/GBP, CGLD/EUR
  • Gate.io – CELO/USDT