How to buy and sell Celsius (CEL) coins

To purchase Celsius (CEL) coins, begin by establishing an account with a reputable cryptocurrency exchange that offers CEL trading, such as Binance, Coinbase, or Kraken.

Dec 01, 2024 at 07:51 pm

How to Buy and Sell Celsius (CEL) Coins: A Step-by-Step Guide for Beginners

Celsius (CEL) is a popular cryptocurrency that is used to pay for services on the Celsius Network, a lending and borrowing platform for cryptocurrencies. CEL can be bought and sold on a variety of exchanges, including Binance, Coinbase, and Kraken.

Step 1: Create an Account on a Cryptocurrency Exchange

The first step to buying or selling CEL is to create an account on a cryptocurrency exchange. There are many different exchanges to choose from, but some of the most popular include Binance, Coinbase, and Kraken.

When choosing an exchange, it is important to consider factors such as fees, security, and customer support. Once you have chosen an exchange, you will need to create an account and verify your identity.

Step 2: Fund Your Account

Once you have created an account on a cryptocurrency exchange, you will need to fund your account before you can buy or sell CEL. You can do this by depositing cryptocurrency or fiat currency (such as USD or EUR) into your account.

If you are depositing cryptocurrency, you will need to provide the exchange with the address of your cryptocurrency wallet. If you are depositing fiat currency, you will need to provide the exchange with your bank account information.

Step 3: Buy CEL with Cryptocurrency

Once you have funded your account, you can buy CEL with cryptocurrency. To do this, you will need to find the CEL/BTC or CEL/ETH trading pair on the exchange.

Once you have found the trading pair, you will need to enter the amount of CEL that you want to buy and the price that you are willing to pay. Once you have entered this information, you will need to click the "Buy" button.

Step 4: Sell CEL with Cryptocurrency

If you want to sell CEL, you will need to find the CEL/BTC or CEL/ETH trading pair on the exchange.

Once you have found the trading pair, you will need to enter the amount of CEL that you want to sell and the price that you are willing to accept. Once you have entered this information, you will need to click the "Sell" button.

Step 5: Withdraw Your CEL

Once you have sold your CEL, you can withdraw it to your cryptocurrency wallet. To do this, you will need to provide the exchange with the address of your cryptocurrency wallet.

Once you have provided the exchange with the address of your cryptocurrency wallet, you will need to click the "Withdraw" button.