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How to buy Celo (CELO) in the US

A beginner's guide to buying and selling CELO in the US.

Celo
CELO- USD
ZERO-KNOWLEDGE-PROOFS
$6.68
- $0.11 ( - 1.66%)

How to buy Celo

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Celo.

  1. Open an account on an exchange that supports CELO.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Celo.
  3. Buy Celo.
    Complete your Celo purchase and then find the best wallet to store CELO.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Celo?

Celo is an open-source global payment platform that focuses on mobile phone users. According to Celo, the project wants to connect people globally and bring financial stability to those that need it the most. For transactions, Celo allows phone numbers and email addresses to be used as public keys, which lowers the barrier for entry to cryptocurrencies. User-friendly mobile applications are powered by the more complex Celo blockchain and smart contracts.

The more well-known Ethereum blockchain formed the basis for Celo, but the project has now progressed and the underlying infrastructure has been altered. The CELO token is the blockchain’s native unit of currency. It can be used for the governance of the platform and is staked in the blockchain's Proof-of-Stake mechanism to earn rewards and used as collateral against the Celo stablecoin cUSD.

Celo (CELO) is the 70th largest cryptocurrency in the world by market cap, valued at $2,163,758,709. The current price of Celo is $6.65, which is -2.258% lower than yesterday. Prices have ranged between $6.84 and $6.45 over the past 24 hours. All prices are listed in US dollars and accurate as of October 23, 2021 03:10 UTC.

Where to buy Celo

Find an exchange to buy, sell and trade CELO by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

Name Product Deposit methods Fiat Currencies Cryptocurrencies
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

434
cryptocurrencies

Finder exclusive: Sign up and use code 1xf56 for one month of VIP 1 benefits. Deposit/transfer more than 0.1 BTC to KuCoin within 7 days of registration for 1 month of VIP 2 benefits. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

302
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in random tokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
Coinbase Pro
Bank transfer, Cryptocurrency, Debit card, PayPal, Wire transfer
USD, EUR, GBP

80
cryptocurrencies

Formerly known as GDAX, Coinbase Pro is a US-based exchange which offers fiat currency payment options, including wire transfer, ACH bank transfer and SEPA.
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Compare up to 4 providers

Is it a good time to buy Celo?

The technical analysis gauge for Celo displays real-time ratings for the timeframes you select. This is not a recommendation to buy, sell or trade. It represents a technical analysis of Celo based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators based on the performance of Celo: moving averages, oscillators and pivots. Finder is not responsible for how CELO performs.


Celo at a glance

Information last updated October 23, 2021 03:10 UTC.
Coin symbol CELO
Coin Marketcap US$2,163,758,709
Total CELO supply 1,000,000,000
Circulating CELO 326,913,145
Current price US$6.65
All time high US$9.82
All time high date August 30, 2021
Notable team members Rene Reinsberg
Industry Mobile decentralised finance
Token uses Utility token, governance
Network Celo

Celo price performance over time

Historical prices compared with the price of US$6.65.

1 hour 0.44%
24 hours -2.26%
7 days 12.84%
14 days 13.53%
30 days 1.30%
60 days 112.15%
200 days 44.19%
1 year 231.76%

How to sell Celo

You can cash out your CELO with the same exchange you bought it through:

  1. Sign in to the exchange you have CELO on.
    If you store your Celo in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of CELO you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Celo.

What to consider when buying Celo

When considering any cryptocurrency purchase, all associated risks should be considered. In particular, buyers of CELO should consider the following:
  • Value: CELO is used as collateral for stablecoins in the Celo ecosystem, such as cUSD. The value of CELO is, therefore, related to the total value of the stablecoins circulating in the system. As the use of stablecoins increases, the value of CELO may rise as the protocol purchases the token to place into the reserve.
  • Competition: As a global payment platform, Celo is in a competitive market. The CELO token value will rest primarily on the adoption of its smartphone applications.
  • Supply: The future supply of CELO is capped at 1 billion tokens, with 250 million currently in circulation.
  • Payment: Unlike other blockchains, you do not have to make transactions in the Celo ecosystem using the native CELO token. Any ERC-20 cryptocurrency can be used.
  • Reserve: A certain percentage of CELO tokens are held in the platform's reserve holdings.

Disclaimer: Cryptocurrencies, including Celo, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of CELO is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Celo or any other cryptocurrency discussed.


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