If you're looking to swap Celo, SwapSpace is your one-stop-shop. We have some light reading for you - in case you'd want a refresher on what is Celo or some fresh information about celo’s price movements. And, of course, we provide you with the multiple Celo exchange options so that you can choose the offer with the best rates and lowest Celo fees, as well as other parameters that suit you.
Celo Price Stats
Celo Price Chart
Here you can see the current price of Celo, as well as Celo price history.
What is Celo?
CELO is a utility and governance token powering Celo network – a DeFi project dedicated to improving user experience while transferring crypto, especially on the mobile phone. Celo runs on its own independent blockchain, which went live in April 2020.
Celo supports a growing family of stablecoins like cUSD and cEUR, pegged to the values of USD and EUR respectively via an oracle. Celo wallet works by allowing a user to utilize their phone number as a public key substitute for their account, and as a result, to transfer funds essentially by “texting” them to a recipient number. This scheme is suitable not only for people who aren’t up to speed on the intricacies of crypto usage (which is, let’s be honest, most people) but also for those who for some reason can’t use more conventional means of transferring money on the go on their mobile, be it a banking app or a third-party app like Venmo. It’s also, obviously, a great solution for the people who don’t have a bank account at all (the number of whom may be as much as 1,7 billion worldwide).
CELO token is used for voting for various governance purposes, for staking, since Celo Network uses Proof-of-Stake protocol, and for transaction fees. Note that as a user- and mobile-friendly project, Celo features automatic fee calculation and accepts payments in any supported stablecoin.
A Simple Way To Exchange Celo Here At SwapSpace
Choose the cryptocurrencies you would like to exchange among more than 800 coins and tokens. Pick them from drop-down menus. Type the number of coins you want to swap.
Send the exact amount to the address provided and receive the crypto in your wallet within minutes. Don’t have a wallet yet? Our support will recommend a good one!
You’ll get your coins in a few minutes! The exact time is a subject of various parameters such as blockchain network workload, transaction volume, our partners’ processing speed, etc. Concerned about your transaction? Check the swap tracker or feel free to contact the support: email@example.com.