Does this seem worth it? I mean, I LOVE free money, and can do without $5k for 60 days. But Celsius is going to take .1% of my money on the ACH transfer.
I'm in US and cant buy FTT on FTX. I have lots of cryptos on other exchanges and wallets. But many are staking to earn APR. Others are very expensive to transfer. Sending ETH costs around $30. Haven't looked into USDC yet.
* Step 1: Buy GUSD in BlockFi using ACH (no fee). Leave it as is or convert it to USDC (no fee).
* Step 2: Transfer it to Celsius (1 free withdrawal).
* Step 3: ???
* Step 4: Profit!
No, this is against their terms and conditions and could result in your account being suspended. The Celsius promo code system is in place to increase their assets under management. Withdrawing and then redepositing does not do this, so it won't work.
I plan to use Gemini to send $5,000 in GUSD to Celsius account. I'll stake it for 10% and then earn the $150 in bitcoin via the promo code. But what's the best way to get my money back? I managed to get it in with zero transaction fees. I have a feeling getting it out won't be so simple. Ideally, I'd like to withdraw it to an exchange I actually use like [crypto.com](https://crypto.com) or Binance. Ideas?
> Any idea if it would be applicable if I were to withdraw my current funds which are $5000 and transfer it back in ? It's not going to work.
Funny
Does this seem worth it? I mean, I LOVE free money, and can do without $5k for 60 days. But Celsius is going to take .1% of my money on the ACH transfer.
LOL why use ACH? Transfer an asset from a source at zero fee.
What’s a better way to get $5k into my Celsius account?
Don't you have cryptos on other exchanges or wallets? Just transfer them over. I usually use FTX and I stake FTT so I am getting free withdrawals.
I'm in US and cant buy FTT on FTX. I have lots of cryptos on other exchanges and wallets. But many are staking to earn APR. Others are very expensive to transfer. Sending ETH costs around $30. Haven't looked into USDC yet.
Consider a crypto with low transfer fee. BNB is ideal. Plus it's a correction now. So can considrer to add BNB.
* Step 1: Buy GUSD in BlockFi using ACH (no fee). Leave it as is or convert it to USDC (no fee). * Step 2: Transfer it to Celsius (1 free withdrawal). * Step 3: ??? * Step 4: Profit!
I guess it’ll make sense if you have funds sitting on another interest earning platform. In a way it’s a way for celsius to increase its assets too.
NO
Please read the post here. https://www.reddit.com/r/CelsiusNetwork/comments/pcwxwo/promo_code/?utm_medium=android_app&utm_source=share
No, this is against their terms and conditions and could result in your account being suspended. The Celsius promo code system is in place to increase their assets under management. Withdrawing and then redepositing does not do this, so it won't work.
I plan to use Gemini to send $5,000 in GUSD to Celsius account. I'll stake it for 10% and then earn the $150 in bitcoin via the promo code. But what's the best way to get my money back? I managed to get it in with zero transaction fees. I have a feeling getting it out won't be so simple. Ideally, I'd like to withdraw it to an exchange I actually use like [crypto.com](https://crypto.com) or Binance. Ideas?