Should You Buy Celo? Celo Price Prediction 2022

Celo Price Prediction 2022 and Easy Guide on How to Buy Celo

 

Celo is one of the most exciting crypto projects in the new blockchain era.  Several investors are out to buy Celo coin and tap into the future potential of the asset.

This guide explores the best crypto exchanges to buy Celo crypto and discusses the future prospects of the Cell project.

How to Buy Celo Coin in 2022

To quickly buy Celo crypto on eToro, follow these steps below:

  • Open an account with eToro – Navigate to eToro.com and click on ‘Join Now’ to access the registration portal. Fill in the required details and click on ‘Create Account’ to conclude the process.
  • Verify Account – Upload a copy of your driver’s license and a snapshot of your recent utility bill to verify your account
  • Deposit Funds – Tap the action tab and click on ‘Deposit Funds’ to access the deposit page. Insert how much you want to deposit.
  • Buy Celo Crypto – Type ‘Celo’ into the search bar and click on the first popup result. Then click on ‘Trade’ to access the order page. Insert how much Celo coin to buy and tap on the ‘Open Trade’ button to complete your first purchase.

Where to Buy Celo Crypto – Top Exchanges Reviewed

Here are our top picks on the best crypto exchanges to buy Celo.

  • eToro – Overall Best Place to Buy Celo Coin

Launched in 2007, eToro is a social trading platform that combines top-notch financial investment services with a deeper sense of community. The platform operates as a social hub for investors. The broker is home to over 23 million users spread across 100 countries.

eToro is also one of the leading trading platforms in regards to trading tools. Both new and advanced investors can easily tap into the eToro CopyTrader to further boost their earning potential. This feature enables users to copy the success trades of their colleagues while minimising their risks and boosting their profit capability.

eToro also offers an in-house asset management tool called the CopyPortfolio which helps investors easily diversify their investment basket across several top-performing industries and regions. 

The social trading leader has operational licenses from the UK’s Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Financial Industry and Regulatory Authority (FINRA) and several others. 

>>>Find Celo on eToro<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

  • Binance – Best Platform to Buy Celo Coin

Binance ranks as another top option for where to buy Celo coin. Founded in 2017, Binance is currently the world’s largest Bitcoin exchange by trading volume with a reputed $65 billion worth of digital assets traded daily. 

Binance is popular for its large amount of crypto support. The top crypto exchange currently supports over 500 top-performing digital assets and also allows investors to trade using the spot, margin, futures, and perpetual options. Binance offers passive income generating services through its Earn programme with differing interest yields.

They charge 0.10% for normal trading but holders of discount tokens, Binance Coin (BNB), get to see their fees slashed down to 0.025%. This platform is not regulated by any global body but adheres to a strict know-your customer (KYC) process.

 

>>>Visit Binance<<<

Your capital is at risk.

  • Coinbase – Best Place to Buy Celo Coin for Beginners

If you are just taking your first plunge into the crypto space, then Coinbase should be your first port of call. Launched in 2012, Coinbase is a beginner-friendly platform and aims to enable mainstream investors easily onboard into the crypto space.

The Nasdaq-listed crypto exchange offers a rich array of educational tools and materials for investors to better acclimatise into the crypto market. Coinbase is also notable for its large capacity for crypto support as you can easily trade over 300 top-ranking digital assets.

Besides this, Coinbase offers a Pro variant for more advanced investors with more advanced trading tools and indicators and lower trading fees. The exchange is also a popular choice for several legacy-backed companies looking to custody their digital assets.

>>>Visit  Coinbase<<<

Your capital is at risk.

What is Celo Coin?

 

Celo blockchain is a protocol like no other. The proof-of-stake (PoS) blockchain protocol is out to simplify the payment process by allowing mobile phone users to easily send, receive, and earn cryptocurrencies all from their smartphone. Instead of using long strings of letters and numbers for blockchain addresses, Celo enables users to send and receive cryptocurrencies while using their mobile number.

Understanding the life changing impact of blockchain-based assets, the Celo team decided to work with the most ubiquitous item in modern society and this is the mobile phone. According to a Pew Research Center report, there are more cell phone users than there are those with living quarters. This points to the ground-breaking penetration of the mobile experience.

Celo is also Ethereum Virtual Machine (EVM) compatible which means you can easily send and receive ERC tokens with the Celo blockchain. The open-source project aims to create a real ecosystem where everyone is able to tap into the new financial order being ushered in by cryptocurrencies.

>>>Find Celo on eToro<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

Is Celo a Good Investment?

The question you should be keen on is, should you buy Celo? And what makes it different from any other crypto project out there? Here are a few reasons why you should consider diversifying or making your first investment on the Celo blockchain.

>>>Find Celo on eToro<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

  • Celo is Built for Mobile 

The Celo blockchain is the unofficial onboarding agent for millions of users looking to tap into the crypto ecosystem. This is largely because Celo is built specifically for mobile phone users. It makes it easy for anyone, anywhere to tap into different high-yield financial investments all from the comfort of their mobile device.

  • Celo is Backed By Crypto Juggernauts

Realising the likely impact the Celo blockchain would have in the future, several crypto venture capital (VC) firms and notable individuals are solidly behind the project. A few major backers are Andressen Horowitz (a16z), Polychain Capital, Coinbase, Twitter founder Jack Dorsey, Social Capital, and several others. A project with such massive backing for the masses is one with huge potential.

  • WhatsApp for Money

The mobile-friendly nature of the Celo blockchain has seen several advocates speak highly of the protocol. For one, Celo enables users to transfer value be it fiat-backed or digital assets with just their mobile number. The simplicity of doing this has seen one of the principal figures behind Celo term it the ‘WhatsApp for Money’ pointing to a thriving ubiquitousness.

Celo Price

The Celo token price currently trades at $3.341.

Celo Price Prediction

Like several promising blockchain projects, crypto experts have been making Celo price predictions on the potential value the project will have in the future. These are some of the best Celo predictions that point to the project’s long-term performance.

Wallet Investor estimates that CELO would be worth $5.533 in the next one year and hit a 5-year price peg of $13.836.

 

Digital Coin Price puts its Celo price prediction at $4.57 and $9.36 in the next 5 years.

>>>Find Celo on eToro<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

How to Buy Celo Coin – Tutorial

Follow these quick steps for how to >>>Find Celo on eToro<<<

  • Open an account

Visit eToro and click ‘Join Now’ to sign up. Insert the required details like your name, email, username and password to get started.

  • Verify

eToro requires all new users to complete the KYC process. All you have to do is upload a copy of your driver’s license or official passport and also a recent copy of your utility bill. 

  • Deposit

Click ‘Deposit Funds’ button below your profile pic and insert how much you want to fund your account with. The minimum deposit varies, depending on where the user is located. Choose a payment method and click ‘Deposit.’

  • Buy Celo coin

Type ‘Celo’ into the search bar and click on ‘Trade’ to access the order page. After that, insert how much Celo crypto you are willing to buy and click on ;Open Trade’ to conclude the transaction.

Best Celo Wallet

Crypto wallets are primarily used to store digital assets. However, it can be difficult to make the right choice when choosing the Best Celo wallet. The eToro Crypto Wallet has positive ratings and you can also easily store over 120 coins conveniently on the mobile-friendly digital storage. 

You can also use a password recovery tool to gain access into your account in the event you lose your private keys. eToro Crypto Wallet also comes with 500 crypto-to-crypto trading pair support and is also separately regulated by the Guernsey Financial Services Commission (GFSC).

 

>>>Find Celo on eToro<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection. Your capital is at risk. Additionally, 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

 

Source: bettingads

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