London-based FinTech company Celsius has been awarded the Best Cryptocurrency Wallet award in the fifth annual FinTech Breakthrough Awards program which recognizes the top companies, technologies, and products in the global FinTech market today.
Celsius generates yield on crypto through its robust crypto-lending business and diversified deployment channels. Celsius manages over $10 billion in cryptocurrencies and is available in over one hundred countries around the world.
Celsius takes advantage of blockchain technology and provides a platform of curated services that have been abandoned by big banks such as high yield, zero fees, and lightning quick transactions as well as weekly rewards.
Users can also earn up to 15 percent APY in rewards on their crypto assets and access loans starting at just 1 percent interest rates. There is no minimum balance and with the Celsius app, sending crypto is as easy as sending a text. Celsius always acts in the best interest of its community, and rewards paid to users form up to 80 percent of Celsius’ revenues.
“Our approach has translated into more than just a crypto earning service. We are now a community of over 500,000 believers. Believers in blockchain, believers in high reward earning assets, and believers in achieving financial freedom,” said Celsius CEO Alex Mashinsky.
The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders, and visionaries from around the world in a range of categories, including Digital Banking, Personal Finance, Lending, Payments, Investments, RegTech, InsurTech and many more.
“Celsius has a worthy mission in providing people with better opportunities to gain financial freedom,” said James Johnson, Managing Director, FinTech Breakthrough an independent market intelligence organization.
“We are thrilled to recognize Celsius for their success and momentum in this mission, serving as a true example of breakthrough technology in the FinTech space. We extend our sincere congratulations to the entire Celsius team for winning Best Cryptocurrency Wallet for 2021,” Johnson added.