What is a CEL coin?

Additionally, CEL functions as a collateral currency within the Celsius Network. This feature allows users to borrow funds against their CEL holdings, providing a secure and flexible means of obtaining credit.

Celsius Network's native cryptocurrency, CEL, is a versatile digital asset that offers a range of functionalities to its users. It enables individuals to secure loans against their digital holdings, providing a convenient way to access liquidity without having to sell their assets.

Apart from facilitating loans, CEL also acts as a means of payment within the Celsius Network ecosystem. Users can utilize CEL to settle transactions, making it a seamless and efficient form of digital currency for those engaged in the platform's activities.

BTCC, a prominent cryptocurrency exchange, offers a comprehensive suite of services that cater to the diverse needs of digital asset traders and investors. Its offerings include spot trading, enabling users to buy and sell cryptocurrencies at current market prices.

Moreover, BTCC provides futures trading, allowing traders to speculate on the future prices of cryptocurrencies and potentially profit from price movements. The exchange also operates a secure wallet service, ensuring that users' digital assets are kept safe and accessible at all times.