The live Celsius price today is $4 with a 24-hour trading volume of $10.6 million. Celsius is up 4.96% in the last 24 hours. Celsius has issued a statement indicating that it is not affiliated with Bilaxy exchange and that it has not listed the CEL token with them. Want to know more, including whether you should buy Celsius? Read on to find out.   

Top places to buy Celsius now

As CEL is such a new asset, it’s yet to be listed on major exchanges. You can still purchase CEL using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy CEL right now, follow these steps:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You’ll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the Uniswap DEX

Head to Uniswap, and ‘connect’ your wallet to it.

4. You can now swap your ETH for CEL

Now that you’re connected, you’ll be able to swap for 100s of coins including CEL.

What is Celsius?

Celsius (CEL) is an all-in-one banking and financial services platform for cryptocurrency users. Celsius was founded by Alex Mashinsky and Daniel Leon in 2017. It offers rewards for depositing cryptocurrency, along with services such as loans and wallet-style payments. Users of the platform receive regular payouts and interest on their holdings. Celsius’ native token, CEL, performs a variety of internal functions, including boosting user payouts if used as the payment currency.

Should I buy Celsius today?

Analysts have inconsistent price predictions on Celsius. It may be best to wait and see how its price trajectory will develop.

Celsius price prediction

Leading analysts Wallet Investor are bearish on Celsius despite its solid backing. They believe it will drop to $3.113 within a year. This equals a value loss of 21.5%.

Celsius on social media

This post was originally published on Coinjournal.