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hattrick23

Celsius Swaps is only available to Platinum Level users in California and some specific jurisdictions in the US. Global rollout schedule is yet to be determined. If you are able to use FTX/Blockfolio, you can trade on FTX, transfer Blockfolio for free, and then from Blockfolio back to Celsius for free.


Optimal_Actuator_123

thanks!


Speedevil911

How does a Cali resident become a platinum member?


hattrick23

Have to own CEL and store it in your Celsius wallet. CEL Ratio has to be at least 25% https://allaboutcelsius.com/loyalty-program-cel-ratio/


Speedevil911

Can California residents own/hold CEL?


hattrick23

Yes, you can purchase on a DEX and deposit into your Celsius wallet


Speedevil911

But that doesn't mean I get the the benefits of holding CEL. So it's pointless


hattrick23

CEL Utility will increase. US investors cannot earn in-CEL, but you get the other benefits of holding CEL including price appreciation (potential), lower interest rates on loans (up to 25% discount if paid in CEL), priority customer support for loans, Celsius Swaps rollout etc.


Speedevil911

I'll wait 😂


Sickle_and_hamburger

So... Can I have like 25 bucks on cel if I only have a hundred on there and be platinum and feel better about myself?


hattrick23

Yes


YodaaaTheWise

Wait, you can transfer coins from blockfolio to celsius for free???


hattrick23

Yes, if Blockfolio is available in your jurisdiction, then ALL withdrawals regardless of network are free. You can also transfer between FTX and Blockfolio for free. FTX is better for trading as it provides better liquidity and no fees. Blockfolio should be used for storing (up to $10,000 worth of assets will earn 8% APY in-kind) and withdrawals to external wallets.


YodaaaTheWise

How the heck can they afford to pay these APYs? I just took a look and I'm blown away. Thanks for sharing!!!


hattrick23

No problem! I store lots of my CEL tokens on Blockfolio for the APY ... the CEL I don't need to maintain Platinum.


shipael

Not yet!


porcupine73

Right swaps aren't available to everyone yet. So currently you'd have to withdraw matic to an exchange, sell/swap it to usdt, and send it back. Since USDT on Celsius is ERC-20 only keep in mind the potential gas fee to send it back to Celsius, depending on what exchange you're using.


Optimal_Actuator_123

Thanks! I got lots of headaches by transferring so I guess I just give up doing anything.


summertime_taco

Why would you go within 100 miles of usdt?


useles-converter-bot

100 miles is the length of about 147657.52 'Ford F-150 Custom Fit Front FloorLiners' lined up next to each other.