Finder may earn compensation from partners, but editorial opinions are our own. Advertiser Disclosure
How to buy Celo (CELO) in the US
A beginner's guide to buying and selling CELO in the US.
How to buy Celo
Look for an exchange that supports both fiat and cryptocurrency to simplify buying Celo.
- 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.
- 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.
- Buy Celo.
Complete your Celo purchase and then find the best wallet to store CELO.
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.
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
|Total CELO supply||1,000,000,000|
|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|
Celo price performance over time
How to sell Celo
You can cash out your CELO with the same exchange you bought it through:
- 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.
- Place a sell order.
Choose the amount of CELO you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of Celo.
What to consider when buying CeloWhen 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.
Celo (CELO) in news
Nigerian Central Bank Says It Is Now Ready to Launch CBDC, Downplays Previous Failure
FreeBitco.in just gave away its fifth Lambo in 2½ years!
Bitcoin Price Might Slips Below $60k! Traders Can Expect Buying Opportunity Soon!
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.
More guides on Finder
How to stake Tron
Find out how to stake your TRX tokens and how Tron’s delegated proof-of-stake consensus mechanism works.
How to make NFTs
Find out all you need to create your own NFTs – the new application of blockchain technology that enables digital ownership of assets.
How to buy Illuvium (ILV) in the US
This guide will show you step-by-step instructions on how to buy the Illuvium (ILV) token as well as a list of exchanges you can trade it on.
Socios.com review and guide
Socios.com is a sporting app that uses blockchain technology to bring fans closer to their preferred football clubs
How to stake and earn Tezos (XTZ)
Find out how to leverage XTZ token holdings to earn interest. Stake in the Tezos blockchain or provide liquidity to a DeFi protocol.
How to buy dYdX (DYDX) in the US
This guide will show you step-by-step instructions on how to buy the dYdX (DYDX) token as well as a list of exchanges you can trade it on.
Columbus-5 Terra upgrade: LUNA’s deflationary moment explained
On September 30, Terra mainnet upgrade Columbus-5 is set to bring a new wave of functionality and investment to Terra and Cosmos.
How to buy Monsta Infinite (MONI) in the US
This guide will show you step-by-step instructions on how to buy the Monsta Infinite (MONI) token as well as a list of exchanges you can trade it on.
SuperRare Review and Guide
True to its name, SuperRare is an NFT marketplace that focuses on crypto art tokenized on the Ethereum blockchain. The result is part marketplace and part social network for the artistic side of the NFT community.
What is Rarible? Review and guide
Buy and sell unique digital assets on the largest NFT marketplace in the crypto space.
Ask an Expert