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Are there any fees associated with liquidating crypto assets with Celsius?

avatarManny WannemakerDec 16, 2021 · 3 years ago3 answers

Can you tell me if there are any fees involved when liquidating crypto assets with Celsius? I'm considering using Celsius to sell my cryptocurrencies, but I want to know if there are any charges or fees that I should be aware of.

Are there any fees associated with liquidating crypto assets with Celsius?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees associated with liquidating crypto assets with Celsius. When you sell your cryptocurrencies on Celsius, you will be charged a fee based on the amount you are selling. The fee structure varies depending on the specific cryptocurrency you are selling. It's important to check the Celsius fee schedule to understand the exact fees you will be charged.
  • avatarDec 16, 2021 · 3 years ago
    Liquidating crypto assets with Celsius does come with fees. The fees are generally reasonable and competitive compared to other platforms. Celsius aims to provide transparency in its fee structure, so you can easily find the information on their website. Make sure to review the fee schedule before making any transactions.
  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees associated with liquidating crypto assets with Celsius. Celsius charges a fee of 0.75% for crypto-to-fiat transactions. However, it's important to note that Celsius offers a loyalty program where you can earn CEL tokens and reduce your fees. The more CEL tokens you hold, the lower your fees will be. So, if you plan to use Celsius frequently, it's worth considering participating in their loyalty program to save on fees.