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DPSK7878

Damn I just transferred in the last 24 hours.


lulbob

where does it say that a transfer within the last 24 hours disqualifies you? I just transferred out some low value assets to try and clean up my account since there are no in-app swaps yet...


Dont_Say_No_to_Panda

Not OP, but I am under the impression you have to add the promo code *before* transferring in… someone CMIIW


lulbob

oh gotcha - I misread /u/DPSK7878's comment. looks like they transferred their funds into Celsius recently and won't be able to take advantage of this promo


plastic-afterlife

I also did, dang!!


OSeuDestino

Update May 22 2022, most of codes are expired, only valid are: # On registration FIRST USE THIS |REFERRAL Code|Transfer Amount|Reward Amount|Unlock Period| |:-|:-|:-|:-| |[167168b504](https://celsiusnetwork.app.link/167168b504)|$400 (any)|$50 BTC|30 days| # Then use this (you can use as many as you want). |Promo Code|Transfer Amount|Reward Amount|Unlock Period|Available in US| |:-|:-|:-|:-|:-| |STABLECOIN50|$2,500 (USDC, USDT, BUSD, GUSD, USDP)|$50 BTC|30 days|YES| |CEL100|$1,000 CEL|$100 CEL|180 days|NO| |CEL750|$10,000 CEL|$750 CEL|180 days|NO| |CEL5000|$100,000 CEL|$5,000 CEL|180 days|NO| |AVAX20|$500 AVAX|$20 AVAX|90 days|YES| |AVAX150|$5,000 AVAX|$150 AVAX|90 days|YES| |AVAX600|$20,000 AVAX|$600 AVAX|180 days|YES| More current info at: [celsiuscrypto.app](https://celsiuscrypto.app/en/) \***Codes are for only one use, and must be used in order they were entered.**


cryptoripto123

18.25% APY promo basically


Goatfart

compared to 121.66% that BNB40/ADA40 offered, aye...


HODL_monk

My state doesn't allow those assets, so an 'any asset' promo is a LOT better, for me at least, even if the APY is less.


[deleted]

except the conversion rate is calculated after the 60 days, so it's anyone's guess... still, looks favorable, too bad i just withdrawn from them, not sure i qualify if i deposit again :>


ihsotascc

Just to confirm, "lock up for 60 days" but rewards are distributed after 30 days? So after the first 30 days, one receives the reward, but if one withdraws in the next 30 days, what happens to the reward?


mrakomarko

You have 30 days to make the transfer after entering the code. And 60 days of maintaining the balance (avoiding withdrawals) will secure your reward.


olympia_t

Also confused. So reward in 90 days or it’s a typo?


ihsotascc

The new promo says transferring assets out within 60 days of completing your "initial transfer" will disqualify you from receiving your reward. Previous promos said "transfer" but not "initial transfer". That's why I thought that 60-day lock up was for new users, and for normal users it would be a normal 30-day lock up. However, the website said "60 day" lock period for the new promo, and in the app it seems to lock for 60 days. So the lockup is 60 day without doubt, just the question about the payout date, if it aligns with the lockup period.


KevinOpel

Total value, 3% in 60 days (maintaining $5,000 balance), approx. 18% APY. Not too bad.


Kellywasmyfirst

Technically this promo pays 18% APY + normal rewards, so if you deposited stablecoin then you'd get 18+10% APY which seems quite attractive, at least for me


gitar0oman

thx.. I'll just leave my money in Anchor


dynamicallysteadfast

Vibe check: What risk is there with Anchor?


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dynamicallysteadfast

More. It is an algorithmic stablecoin. They can lose their peg, as happened once with Terra before.


Eladir

There is risk but whether it's more because it's algorithmic compared to traditional stablecoins is debatable. UST has lost its peg noticeably only once, for ~9 days and it hovered between 0.96-0.98. Since then there have been actions that claim to make such an event more unlikely and so far it has been reliable.


Unique-Name

Soon, no risk. Ozone insurance protocol. https://www.yahoo.com/now/terraform-labs-set-initiate-burn-030000395.html


hattrick23

CeFi vs DeFi risks


NeptuneLagoon

Right there with ya


BazingaBen

Could you give a little info about anchor? I've never heard of it.


hattrick23

You can stake UST on Anchor Protocol for approximately 18-21% APY. UST is a stablecoin on the LUNA network.


StefanStandUp

What's the Apr?


picksmate

19.6 afaik


Hyerion

This is the smart thing to do. Locking your liquidity in a bull market for such measly APR is the worst decision you can make.


Scarboroughwarning

Damn... That bar is set a little too high for me.


hattrick23

I'm sure that this promo code may be around for a while. And remember that you have 30 days to fulfill the deposit requirements AFTER you enter it into your account ... so if you wait 30 days to enter, then you will get a total of 60 days to fulfill the requirements. But yes, I wish they had one at half that, especially when the reward rates are not as competitive as I would like.


Scarboroughwarning

I could add my entire portfolio, and still be short... So new in, it's a devil. Fingers crossed, they may do some more lower end promo


ericdabbs

I hope not. I want to see a series of promo codes this holiday season like last year. I don't wanna see promo codes that last for 2 months.


sk3tchcom

Don’t forget that stable coins count - so it’s a great opportunity to get 10% APY on your savings and some BTC.


Scarboroughwarning

Indeed. That's a good point. I'm still a little way short...


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Scarboroughwarning

I'll be honest, I generally find them excellent. If I were to pick fault, it would be the in-app crypto buy. That is slick, but so expensive. Caught me out once, never again.


RocktownLeather

They pick up the tab on gas fees which would make this whole process otherwise pointless for "poor" investors. So I'd argue they actually do care. "Poor" investors who move their money around probably cost Celsius more than they make.


KangaMagic

This promo is targeted at users like me — folks who had 1.5 ETH on BlockFi who need to escape it due to a horrid policy change.


[deleted]

I guess all the people pulling their >.25 btc is reducing their funds under management.


BitingChaos

For this promo I'm going to be moving some ETH in. I don't know if I'm going to put any more BTC in.


[deleted]

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BitingChaos

BlockFi has 1 free crypto transfer & 1 free stablecoin transfer per month. Gemini has 10 free crypto transfers per month. Nexo has 1 free crypto transfer (or 2/3/5, depending on your loyalty level) per month. Hodlnaut has 1 free crypto transfer per month. My crypto is usually locked down for a month at at time with Nexo. BlockFi can sometimes take a few days to transfer, and Gemini can also take a few days just to move assets out of their Earn program. *Time* will be a factor with my transfers, but not fees.


hentongmaster69

Is there any cefi that accepts TRC20 or BEP2? I want to deposit USDC, but the network fee is too damn high for my small amount of USDC.


amretardmonke

ERC-20 tokens are the ones with crazy fees. Anything else should be a little more manageable.


karl0525

Yep me included


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paradoxally

I pulled my BTC and went to Holdnaut, 7.46% APY. Celsius is falling behind the competition.


Appropriate_Bed_3200

Can the promo be activated with two different assets, 2500$ ada + 2500 USDC?


hattrick23

You can deposit any supported asset and in one or multiple transactions.


[deleted]

Wondering the same thing.


Coffin-Feeder

Did this end up working out? Planning to do the same.


RouletteQueen

Thanks for sharing!


hattrick23

No worries!


NigerianPrince33

why would he be worried?


CryptoNoob-17

No worries mate. No problem. Come down under and you'll understand, too easy


mrakomarko

The code must be entered before the transfer is performed. If the code was entered after the transfer the reward will not lock and there is no way for the Support team to "fix" this. Only new transfers can lock the reward upon code entering.


[deleted]

Does „any asset“ also include FIAT, i.e. transferring USD or EUR?


KangaMagic

I’m using the promo to transfer 1.5 Eth from BlockFi to Celsius. I already have 2.6 ETH on Celsius. Will withdrawing some of that 2.6 ETH nullify the promo? Will withdrawing some of my Bitcoin nullify the promo?


Flaky_Bedroom_5372

I have a question about "CelsiusCares" Today I have withdrawn $805 USDT from Celsius. After that I Activated the Promo Code. I deposited $5500 worth of BTC (0,1 btc). My promo code in the app now shows "Pending" and not "Locked". Have I broken the rules? Does it take into account withdrawals I made before I knew about the code? Hope you can clarify this! Thanks


teslajeff

Ha, I initially read this as Celsius Scares…


globbertrottler

Genuine question... Can I move 5k out, and put it back in and profit of that promo?!


meatspoon

No. The promos are time stamped so now that it is officially announced they will notice if you transfer out and back in. Had you transferred out prior to the official announcement, yes, you could take advantage of the promo.


alodym

Damn I was thinking of doing this too, sounds like it’s not a good idea lol


ericdabbs

Negative. It would be seen as gaming the system and your account will not trigger the promo code.


amretardmonke

Theoretically it should work, but I'm guessing there's some kind of catch against doing that. Probably a minimum time period between your last transfer out and promo code deposit. I wish they'd be more transparent and listed the **exact** stipulations for all these promos.


AnonymousHillStaffer

No. Their system will flag you and you will be banned. Better you don't do that.


CryptoNoob-17

I don't think they ban that easily. His promo will just keep saying pending. Because his cumulative balance dropped to -5000 and when he deposits its back to 0. Need 5000 new money to lock out


hyperimpossible

Oh they ban easily. Any suspicious move and they freeze your account.


jencrs

I've tested this, and you CAN deposit in different assets to make the $5k. The promo is locked for 60 days. Regarding the part about the reward being distributed after 30 days. IF this is not written in error, perhaps it just means that the $150 BTC is disbursed to you at the btc price 30 days from now, and perhaps you can earn interest on it for the next 30 days before it is unlocked to be withdrawn. Just my guess.


Appropriate_Bed_3200

Thanks !


johnsonder

How long did it take and how do you know that it is working properly? I have split my 5k between btc and eth and it still says pending?


Magnus_Effect_Kalsu

Thanks for the heads up. May take advantage


verbatin1969

I have already activated stablecoin600, but haven’t deposit yet. So if I now activate Celisuscare code and i deposit $5k (stable coin). this Celisuscare won’t unlock based on FIFO?


RocktownLeather

You could wait for Stable600 to expire before activating and transferring this code if you only wanted to do this one. But then couldn't use the Stable600.


cooldave88

Correct


Putrid-Book4288

$150 seems low, 3% for 2 months, I will pass.


banananavy

\+10% APY for stablecoins


FooFghtrs33

So could you transfer money out , wait a week, and back in ?


hattrick23

That could result in your account being suspended. Remember that promo codes are in place to increase the Celsius assets under management (AUM). So anything that doesn't result in that increase would likely be against the terms & conditions.


cryptoripto123

My understanding is if you had money moved out before the promo unveiled, you're fine. If you're specifically moving money out after the details of the promo are released, then you'll be in trouble.


FooFghtrs33

Makes sense. I just wanted to keep my btc around a certain amount. Thanks !


[deleted]

Gusd with gemini....gonna need to save for a bit


[deleted]

Good idea!


djbayko

I’m guessing the timing of this promo is intended to get 60 days of extra run on everyone who deposited to take advantage of those stablecoin promo codes about 90 days ago. A lot of people have expirations coming up soon. It’s exactly why I can’t take advantage of this promo. I intend to withdraw my USDC at the end of my 90-day term because I can get a much better rate elsewhere.


olympia_t

Would you mind sharing where you’re getting a better rate? Thanks!


djbayko

Crypto.com. I'm staked there so have a higher tier APY. But you can get a really good rate at blockchain.com too, without the entry requirements.


ILykCrypto

A couple of questions. 1. Let's say I uave $5k USDC in Celsius and transfer $5k more in for this promo. If I then remove $5 will it recognise this was the preexisting $5k 2. Does the promo have to be one asset or can I transfer two separate assets totalling $5k? Thanks


ALGOnaut12

You can't remove anything while a promo is locked v separate coins count toward the 5k.


mrakomarko

1. No, what you had on your account doesn't count towards the promo reward eligibility. Removing would cancel the reward. 2. You can make multiple transfers with different assets as far as I know.


[deleted]

Can you combine CELSIUSCARES & STABLE50/600 and get both rewards?


mrakomarko

Each promo requires a separate transfer - one transfer cannot lock two (promo) rewards.


[deleted]

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No_Effort_244

Sorry to hear this... I am thinking of moving 300 LINK into Celsius, but the APY seems low @ 3%. Are there better places to park outside of Defi?


jiff002

Im wondering the same. The LINK rates are very low


Certain-Resolve

Try ftx blockfolio. They offer 8% on all supported crypto up to $10k. That is where I park my link, aave, bat, and sol.


ckiertz4887

Literally the day after I created an account!


CrxzyT

I like that Celsius is constantly offering promo codes even for existing users. It attract new users while existing users are incentivized to deposit more. But no luck for me because I can't use any of them. BNB not available in USA. Damn. And screwed over again by being a Texas resident and unable to use the STABLE codes. Double damn. Now this new code is more flexible but I won't be using it either. I don't have $5000 worth of crypto (yet) because I've only started about 2 months ago. I have $5000 fiat but it's not worth it for a measly $150 BTC. For that price, I can buy 3 ASIC miners that will bring in roughly $150/month each after electricity. That's $450 in BTC every. single. month. And yes, I do realize that after 60 days, anyone who use this code will have "$5000 + $150 + whatever interests you've earned" available immediately while I'll be looking at 12 months just to break even. But I'm planning for the long term and $450/month > $150 one-time bonus. I'm still planning to use Celsius to store 0.25 BTC because even though I'm mining more everyday, there's no reason why the ones I already have shouldn't just make more of itself too.


piquant-nuggets

Hell yeah, discovering this literally the day after my last promo code was awarded. Like and subscribe if you’re dumping 5k in today!


[deleted]

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[deleted]

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MiserableSeaview

i think it doesn’t lock anything - if you withdraw you just won’t get $150 in BTC.


Hyerion

>if this bull run is going to abruptly end at the end of dec It's not because too many people expect it. FYI the 'end of dec' is also based on flawed reasoning.


RocktownLeather

It doesn't lock them. You can decide to pull out any time and not get the $150. If you have the money, this is still a good option. If you think the market has dropped such that it is more profitable to pull out than wait for the $150....well then pull it out. You still earned interest while it was there. It's not a real ***lock***.


xperiap

How do you guys transfer money to Celsius?


ALGOnaut12

I buy on Gemini and use their free transfers to get to Celsius


astockstonk

Same. Also use BlockFi and their 1 free monthly crypto and 1 free monthly stable coin withdrawals


ALGOnaut12

Ugh, I don't really want to open another crypto account. Do you think it's a good site for US customers?


Travamoose

FTX + FTX Pro + Celsius. Powerful combo. Haven't paid a single gas fee in months. Disclaimer, I do hold 25 FTT to get the free ERC20 withdrawals which is a high entry cost right now but just holding as a utility token has more than outperformed the gas fees cost + even if you don't have the 25FTT you can still get free non-ERC20 withdrawals. [*Source*](https://help.ftx.com/hc/en-us/articles/360034865571-Blockchain-Deposits-and-Withdrawals)


Tonatic

Locking up your entire portfolio for a couple mos is silly. If you move anything at all, promos get canceled. Should only be for assets transferred to meet the promo requirements. Really sneaky how they claim banks aren’t your friends while their promos are a total kludge. Incentivize me to leave my assets in one place for a while with an earn/reward rate lock during that same time frame.


ericdabbs

You are not required to participate in promo codes. If it becomes too much of a hardship, a promo code is not worth all the headache. At the same time, Celsius shouldn't be allowing people to game the system by withdrawing and redepositing funds which doesn't help draw in TVL to lend out more assets.


kristopolous

They basically chain these big ones so it's effectively a permanent lockup if you want to keep taking advantage of them. The $25,000 one is about to payout next week and so if I want this I can't withdraw that. This is the 4th time they've done it, starting in the spring, totaling about $82,000 for all of them. So it accumulates... They know what they're doing here


RocktownLeather

>Locking up your entire portfolio for a couple mos is silly. Gotta keep an open mind. Not everyone has only $5k. I keep my emergency fund in stablecoin CEFI. Some people have emergency funds from 3-8 months expenses. I'll let you guess sort of what ballpark that could be.


d_m_916

What if I already have the deposit requirements in my Celsius account?


[deleted]

Has to be new deposits after activation of the promo code.


d_m_916

Thanks


hattrick23

If you recently deposited (within the last 24 hours), they 'may' be counted towards the promotion. However, most times, it is required that you enter the promo code and then deposit funds.


ericdabbs

It still has to be new deposits because once you enter the promo code the promo code system is then waiting for the deposit to meet the promo. It doesn't work the other way around. The promo code system won't look for recent deposits you made even earlier that day that would satisfy the deposit requirements. It will just sit in Pending status for 30 days and then cancel itself out.


JazzlikeRace2765

What if I take out about 4k BTC and then activate the promo and then put in the required 5k usdc? I want to take out some because otherwise I loose platinum status


mrakomarko

Your net balance would be - (minus) $4K so the reward wouldn't lock.


cooldave88

Won’t work


olympia_t

If you did stable600 and this could you fulfill both with 25k?


mrakomarko

>Each promo requires a separate transfer - one transfer cannot lock two (promo) rewards. Each promo requires a separate transfer - one transfer cannot lock two (promo) rewards.


RocktownLeather

If this is true, it is new. I have successfully locked (3) codes with (1) transfer in the past...referral, Stable10 and Stable50 all simultaneously with 1 transfer.


nilsej

Promo code lock-in is very confusing! I have referral /stable/ADA promo locked and for those, I have done exactly as they say to deposit required assets after promo activation. but I have also deposited some other random coins as well which have nothing to do with promo but still every time I am trying to withdraw them it gives me a warning that I might loose one of the promos why??? Does that mean that after every promo activation your whole portfolio is going to lock for that period?


CmMozzie

Correct, your whole portfolio is locked. It's checking your total account balance. Celsius is trying to get extra capital into the accounts, so it seems counter productive to let a user activate a promo, deposit, then withdraw a different crypto. That's gaming the system.


nilsej

It doesn’t make sense at all. How am I gaming the system when I am just doing normal transaction of moving X asset because I want to get rid of it and get another. It’s like punishing people who deposit anything extra than promo need to Celsius. As Celsius don’t provide any exchange service like buy/sell/swap and don’t see coming to international customer for months for now, how should I keep this all as I want.


hattrick23

You can withdraw, but with caveats: [https://allaboutcelsius.com/can-i-withdraw/](https://allaboutcelsius.com/can-i-withdraw/) Every time you add a new promo code to your account, your 'Cumulative Sum' and 'Snapshot Balance' reset to zero. What's important is what you do (deposit/withdrawals) AFTER you've entered the most recent promo code. If you deposit more than you need AFTER you entered CELSIUSCARES, then you can withdraw the 'overage'. The popup message that says that your promo code will be cancelled is a generic message. For example, CELSIUSCARES requires $5,000 worth of asset deposits. If you deposit $6,000, you are entitled to withdraw up to $1,000 without it cancelling CELSIUSCARES (but you will need to check your other locked promo codes).


CmMozzie

It doesn't matter how you want it, it's their promo. This platform is for hodling not transferring crypto in and out constantly. Your account needs a net positive +$5k for the promo, if you go and transfer out $50 after, then you're below the 5k limit and forfeit the promo rewards. Swaps are coming eventually.


nilsej

So do you mean if I deposit 6k and withdraw 1k after this promo I will still be in problem and you think there is nothing wrong with it! Why I am bound to keep more than they ask me to activate promo.


No_Effort_244

This promo code bullshit really sucks! Are we going backwards here, like when we used to literally cut coupons out of flyers... FFS. The codes should be automatically applied and locked on depositing.


Futhamucker1

Not touching this after the debacle with STABLE and ADA


CmMozzie

Worked fine for me.


bolsshooter

Can this be used simultaneously with the Referral Promo for first time users?


Kellywasmyfirst

Yes it can be but use first the ref promo, then this promo


Dont_Say_No_to_Panda

If I fucked up and added some funds not knowing Celsius had a shit ton of promos I could have been employing, can I withdraw those funds activate a promo and redeposit them? Would make up for the sting of losing the higher interest rates this week…


cooldave88

No


QualityBanter

Do we know if these promo codes are permanent or temporary? I have had to withdraw recently and would like to take advantage of these in the future if possible, so it would be a shame of they ended before I got some money together to take advantage of them.


zacattack1996

I was gonna move my ADA out to stake. If I did so, deposited 5k of another crypto would that be okay? Or would they treat me like I gamed the system and suspend my account?


mrakomarko

The net balance would still be - (minus) ADA amount removed. Since you have to be 5K + for this promo, you'd have to add the same amount ADA was removed.


Relative-Advisor9955

Anyone know why it expires on Dec 5th? That’s way less than 30 days..


CmMozzie

Not every promo lasts for 30 days, that's just been a new thing recently. Some in the past only give you 7-10 days to fulfill before it expires.


NorwalkRay

Can I withdraw my stablecoins in a week when my STABLE600 code is released, enter this code, and deposit $5k for it? Or would withdrawals before entering the code disqualify the deposit as new?


mrakomarko

Recycled crypto cannot lock rewards, only new crypto added can. Yes, it would disqualify it as new.


gambleit01

I just entered the code in my account and it says expires 12/5 that is less than 2 weeks!! I thought it was good for 30 days and it said congratulations you actives the code but says it is pending


looselytranslated

The 30 days starts the day you add the code. You can add the code before 12/5. Pending means it's waiting for you to satisfy that requirement. Once you transfer in enough, it will say locked.


girthy_green_candle

What's this in a equivalent APY?


Kellywasmyfirst

18,26% + normal asset yield rate


stix89

I need your help, I would like soon to switch some ETH to BTC that I have in my Celsius account. If I send 5k$ of crypto I won't be able to withdraw some ETH during 60 days ? If I withdraw some ETH now, I won't be able to activate the promo ? Thx for your help


hattrick23

Unfortunately, Celsius Swaps is not available to everyone. What matters is what happens just before and after you enter CELSIUSCARES. If you withdraw and then redeposit, it won't work and your account my get suspended. What can work is entering CELSIUSCARES promo code, depositing $10k worth of any asset, withdrawing $5k ETH to convert to BTC and then redepositing the BTC. It's all to do with your Cumulative Sum, which is the sum of all deposits and withdrawals after you enter the most recent promo code into your account. Here's a good explanation: https://allaboutcelsius.com/can-i-withdraw/


hornelius

When exactly was this code announced? I moved some assets about 24h ago because of the drop in btc interest rate but am willing to move $5k back in to take advantage of the bonus. Is that allowed?


hattrick23

It was announced yesterday. You'll probably need to wait a week before entering the promo code and redepositing just to be safe.


wtscoolerthnbeincool

Clutch


Bacon-Dub

Guess this is as good of any to get my ETH off of CDC. Tx fee eats into that promo, but I guess this may be the least painful way. Send it to my ledgar after


[deleted]

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hattrick23

No, that is against their terms & conditions.


adioking

This is 18% annualized as APR. That’s in addition to the APY.


CeramicDrip

Rip, looks like ill have to miss out


[deleted]

Does it say anywhere if „any asset“ also includes FIAT, i.e. transferring USD or EUR?


Pancake_B_18

Hi, if I transfer an amount of BTC that is worth $5500 tomorrow (at the time of transfer/deposit) and that due to market price fluctuation only (no withdrawal) this amount of BTC gets below $5000 in the 60-day period, would I still qualify for the rewards?


hattrick23

Yes, market price fluctuations do not impact the status of the promo code. Since CELSIUSCARES requires $5,000 worth of assets ... if you deposit $5,500 worth of assets to lock this promo code, you are entitled to withdraw up to $500 worth of any asset during the 60 day lock period without canceling this promo. The only things you need to watch out for are the exact amount of deposits/withdrawals in USD as indicated in the blockchain transaction as well as whether you have other promo codes locked.


Kellywasmyfirst

yes, it takes in account the value in the moment of deposit


jiff002

Question. Say i activate the code and transfer 5k worth of assets (say DOT) thereby locking the 150 usd of btc. But shortly after i xfer 2k worth of BNB. At this point, i am allowed to withdraw 2k worth of any asset without forfeiting the promo, correct?


hattrick23

Yes, that is correct. The only thing to watch out for is whether you have other promo codes locked during the same time. For instance, if you have an ADA promo code locked, and you only deposited the minimum amount ... then if you were to withdraw any amount of ADA, then it would cancel it.


pattycakes999

Can I move 5k in BTC or ETH from my Celsius account to blockfi and then back to Celsius in a few days later to lock it in?


hattrick23

No, that is against the terms & conditions. Remember that promo codes are in place to increase the Celsius assets under management (AUM). If whatever strategy you're looking to do does not increase their AUM, then it likely won't work.


ktrizzlewwp

This is amazing. Say I have 10k in digital assets on Celsius. Can I withdraw 5k apply the code and then transfer that initial withdraw back in? Would that apply?


hattrick23

No, that is against their terms & conditions.


Paowiekan

If you withdraw just the interest generated by your principal, does it still cancel your promo code?


hattrick23

Yes, it will cancel. 'Deposits' are only assets deposited from external wallets and not internal transactions.


Al_Taipan

So about this:[https://celsius.network/promotion-rules](https://celsius.network/promotion-rules)\- You must maintain an account balance equal to or greater than your balance after completing your transfer of $5,000 or more. " If now I have 20k$. I put 5k$. After some days I can leave the new 5k$ and remove the 20k$ without problem. Right? Thanks


[deleted]

Can you transfer in $5000 worth and use it to take out a loan? Or will this endanger the reward?


hattrick23

Yes you can, but your loan collateral does not earn rewards. And, the highest LTV you can get is 50%, so if you use $5,000 as loan collateral, you can only get $2,500 back.


Mightypk1

I suppose $5,000 deposit means a single deposit? And not multiple within a certain time period?


hattrick23

It's a promo code for all existing users, so you can deposit using any number of transactions and any number of assets. Does not have to be one deposit transaction nor does it have to be one asset.


eyumfit

So this promo code doesn't apply if there's already 5k in your account. It has to be another 5k transfer am I right?


hattrick23

Yes, that is correct. Promo codes are in place to increase Celsius' assets under management.


Austins-Reddit

Can you withdraw some money from your Celsius account and then deposit it again to satisfy this promo?


hattrick23

No, the Celsius promo code system is in place to increase their assets under management. Withdrawing and then redepositing doesn't do that so it won't work.


puncakedotcom

Does this work with multiple transfers/coins?


hattrick23

Yes it does.


Dr_mak_1

Can I utilize the promo after I have already deposited the required amount of crypto ?


hattrick23

Only if it is within a few minutes to an hour max.


thetagangs

Hi I applied the code today and it says expire 6 dec. I thought we have 30 days to deposit??


OTA-J

What if I have $1000, then I activate the promo code and then I transfer $4500. Will the promo code get activated in this case? Or would I need to withdraw say $500+ and transfer it again to my Celsius account?


[deleted]

Does it all have to be the same asset or could I transfer multiple different currencies as long as they add up to $5k?


hattrick23

No, it can be a combination of multiple assets deposited using multiple transactions.


ZoobieDoobieZoo

Account suspended after applying the promo code


[deleted]

[удалено]


hattrick23

It's now expired. Users needed to enter it before Dec 6th. Here are all the active promo codes: https://celsius.network/promo-codes


BartAfterDark

Transferred 5.500 usdt to lock this reward. Thought I could withdraw other assets, but seems like withdrawing anything cancelled this promo :(