In this guide, we teach you where to buy Celo tokens. We also tell you everything you need to know about what has become the most sustainable crypto today.
We teach you how to buy Celo and the most common ways of investing in the asset. By the end of this guide, you will also have learned the benefits of investing in Celo. This should help decide whether CELO is worth buying and how much to invest in the altcoin.
We even provide you with a step-by-step beginner’s guide to buying CELO on a top altcoin exchange.
How to Buy Celo (CELO) Safely and Easily
This quick four-step guide will teach you how to buy CELO in the US today. It outlines the process of buying the altcoin on eToro – an SEC-regulated crypto exchange. The process is straightforward and eToro lets buy CELO with as little as $10.
- Step 1: Register an eToro account – Start by creating a free crypto-trader account on eToro.com. The exchange only asks for basic personal information.
- Step 2: Deposit funds – Fund this account with at least $10 using any of the supported payment options. These include cards, eWallets like PayPal, ACH payment, and bank transfers.
- Step 3: Search for Celo – In the search box, key in the word “CELO” and hit the “Trade” option on the tab that appears.
- Step 4: Buy Celo – Use the trading tab to customize the trade by indicating how many CELO tokens you intend to buy. Hit the “Open Trade” button to confirm the buy order.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
We will be going over this CELO buy process in detail later on in this article. First, though, we need to learn where to buy the altcoin and if it is a good investment.
Where to Buy Celo (CELO)
Celo’s is positioned to be one of the next cryptos to explode. Its popularity has also helped it list with all the best crypto exchanges around. Finding the best place to buy CELO can, therefore, prove overwhelming, especially for newbie investors. To help you start investing in CELO, we look at the best CELO exchanges below. These were handpicked based on their fees, ease of use, and safety.
Here is an overview of the best CELO exchanges and brokerages in 2022.
1. eToro – Overall Best Exchange to Buy Celo (CELO) Tokens
eToro is our top pick for the overall best Celo exchange. It is an all-round crypto exchange that makes it here primarily because of its appeal to both beginner and expert investors. It achieves this by integrating advanced crypto trading tools while remaining as user-friendly as possible.
For starters, the exchange has oversimplified the client onboarding and crypto buying processes. It then supports all the popular payment methods – from cards to bank deposits and even e-wallets.
The exchange also integrates a wide range of trading tools, especially charting tools and technical indicators. These include RSI, MACD, and even Bollinger bands. However, the crypto trading platform is more popular for its support for social and copy trading tools. Social Trader is an interactive forum that allows for seamless interaction between all eToro platform users.
Copy trading, on the other hand, is a passive investing tool. It makes it possible for beginners to make money by copying the trade strategies of highly successful traders. Expert investors will also earn a commission from eToro for allowing others to copy their trades. In addition to copying individual trades, you can also copy customized smart portfolios.
These are tailored in line with your investing goals and risk tolerance.
eToro also ranks highly among the best places to buy the hottest cryptos, like Celo, because of its competitive fees. The crypto trading fees on the platform are fixed at 1% of the trade volume. eToro doesn’t charge a deposit fee but maintains a $5 withdrawal processing fee.
The minimum draw amount is fixed at $30. Note, however, that while you can start buying CELO alongside the top trending cryptos with $10, you need $200 to start copy trading.
Pros & Cons of eToro Exchange
- Invest passively through staking and copy-trading
- Regulated by SEC, FCA, CySEC, and ASIC
- Multi-asset platform supporting conventional assets like stocks and ETFs
- eToro has never been hacked
- Provides users with free and highly secure crypto wallets
- Crypto trades are charged a market spread
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
2. KuCoin – Best Exchange to Buy Celo (CELO) for Passive Investing
KuCoin is one of the most liquid crypto exchanges in the world. It is also popular for hosting one of the largest sections of digital assets. Here, you get to interact with the best cryptos to buy for beginners as well as the most volatile cryptos. It is also home to established cryptos like Bitcoin and relatively new cryptos like Celo.
A number of factors informed our decision to feature it among the best Celo exchanges. Chief among them is its support of multiple passive income generators. These are all hosted on the KuCoin Earn program and include staking, savings, crypto lending, and dual investing. These come in handy in ensuring you earn passively from your CELO investment.
It also lists here because it presents you with multiple ways of buying altcoins like Celo. These include buying Celo instantly with your KuCoin balance. You can also buy Celo with bank transfers and cards on the platform. Alternatively, buy Celo for free on the integrated KuCoin peer-to-peer trading platform.
Here, you can buy Celo using any of the hundreds of global payment methods, from PayPal to gift cards.
KuCoin then maintains some of the most competitive crypto trading fees. It adopts a volume-based maker/taker fee model of between -0.00% and 0.1%. But if you settle this fee using KCS coins, you get 20% off the fees. The competitive fees and support for trading bots make KuCoin ideal for crypto day trading.
- Integrates a wide range of advanced trading, analysis, and risk-management tools
- KuCoin Learn teaches beginners how to invest in cryptos like Celo
- Support crypto derivatives trading – futures and options
- You can margin trade Celo with leverages of up to 10X
- Highly secure exchange supporting multi-factor authentication
- Its complex design may overwhelm newbie investors
3. Coinbase – Best Exchange to Buy Celo (CELO) for Beginners
Coinbase has been consistently ranked as one of the best altcoin exchanges for beginners. This, however, isn’t the only reason why we feature it among the best Celo exchanges.
We also list it because of its deep liquidity and the fact that it has been consistently voted as the best crypto exchange in the US. Its user-friendliness is evidenced by its easy client onboarding and crypto investing processes. It is then boosted by the fact that Coinbase operates one of the best crypto trading apps.
To start buying undervalued cryptos like Celo on Coinbase, you will need to deposit at least $2 in your account. You can fund your account with all the popular payment options. These include PayPal, bank transfers, Apple Pay, Google Pay, and cards. The exchange doesn’t charge a deposit or withdrawal processing fee. However, it maintains a complex fee model based on trading volumes and payment options.
Coinbase is also the best place to buy the next cryptos to explode, like Celo, because it is safe. For starters, it provides its platform users with two free crypto wallets. First is the exchange-based web wallet that stores 98% of client assets offline while insuring the remaining 2%.
They also provide you with a free and non-custodial mobile wallet app for iPhone and Android. Further, it insures client deposits up to $250,000 with FDIC.
- Beginner-friendly web and mobile trading platforms
- Low deposit and trade minimums
- Buy hundreds of the most promising cryptos alongside Celo
- Coinbase is one of the safest crypto exchanges around
- Multi-regulated and listed on NASDAQ
- Complex fee structure and high trading costs
4. Binance – Best Exchange to Buy Celo (CELO) at Low Fees
Binance is the most liquid crypto exchange in the world. It is also one of the most popular. It lists 600+ digital assets – from the most undervalued cryptos to the best DeFi coins. Binance exchange makes it to this list primarily because of its competitive cryptos trading fees.
When buying CELO on Binance, you will pay a volume-based maker/taker fee of between 0.1% and 0.012%. And if you settle this fee using BNB coins, you get a 25% discount.
You can also buy CELO and all the best future cryptos on Binance free of charge. This applies to trades on the Binance peer-to-peer trading platform. This lets you buy cryptos like Celo with PayPal, cards, bank transfers, gift cards, and 700+ local and international payment methods.
We also list Binance here because it integrates multiple passive investing programs. These help it appeal to beginner and long-term crypto investors. They include staking, dual investing, saving, crypto lending, and liquidity mining. It also exposes users to the DeFi world, where they interact with DeFi platforms with the highest rewards.
Further, Binance integrates a wide range of advanced trading tools that help it appeal to crypto day traders. It even supports margin trading with leverages of up to 10X. Here, you may also margin-trade crypto derivatives – options and futures – with leverage of up to 50x.
Other factors making Binance the best place to buy Celo include its intuitive crypto trading mobile app. We also liked that the exchange holds 90%+ of client assets in an ultra-secure offline vault.
Not forgetting that it operates a $1+ Billion Secure Asset Fund for Users (SAFU) – an in-house insurance scheme. It has also put adequate security safeguards around client accounts. These include multi-factor authentication and whitelist addresses.
Pros & Cons of Binance Exchange
- Charges competitive trading fees
- Highly reputable crypto exchange
- Accessible and responsive customer support team
- Highly liquid and ultra-fast transaction processing speeds
- Exposes users to DeFi and Web 3 ecosystems
- Binance is not a regulated exchange
What is Celo (CELO) Coin?
Celo is a layer-1 smart contract platform that’s on a mission to revolutionize the global payments infrastructure. It seeks to address the financial inclusion challenge in the world by reaching the unbanked and underbanked. And to achieve this, it has come up with a mobile-first blockchain platform.
This makes it possible for anyone in the world to send, receive, and store money on an ultra-secure decentralized infrastructure. It also seeks to leverage this network to avail more financial services to this commune.
A few things help Celo stand out from its competition. First is its mobile-first approach that hopes to make Celo accessible to anyone with a smartphone. The fact that it utilizes the proof-of-stake consensus mechanism also makes it more efficient than competitors. Further, Celo is popular because of its multi-currency support.
Celo has been aptly adopted by the developer community and end users. This is evidenced by the steady rise in the number of dApps launched on the network and their user numbers. It has also been hailed as one of the most sustainable crypto projects as it is one of the few blockchains that have attained a carbon-negative status.
CELO token is the governance token of the Celo decentralized network. It is also the utility token for the platform used to settle transaction fees on the platform. You can also stake CELO tokens on the tokens and earn rewards. The network is also home to the Celo USD (cUSD) stablecoin that is backed by and pegged on a 1:1 ratio with the US Dollar.
Is Celo (CELO) a Good Investment?
Celo coin is a good investment. In this section, we will be exploring some of the key reasons why you should consider investing in the altcoin.
Celo has proved its resilience
Celo is a good investment because it has performed well in the past. It has proved its resilience and obedience to market trends. It also has the backing of solid fundamentals and a vibrant community of supporters.
Celo has a promising future
Celo is a good investment because it is expected to continue doing well in the future. For starters, it is expected to rebound and rally to a new price record during the upcoming crypto market rally. Its solid fundamentals, growing developer activity, adoption, and growing use cases are then expected to drive its future value gain.
Celo adoption is grossly undervalued
Celo is trading way below its last all-time high. It is also grossly undervalued relative to its solid fundamentals and promising future. Over time, CELO will price-correct upwards, earning HODLers outsized gains.
The crypto market is rebounding
CELO is obedient to crypto market trends. In fact, much of its value loss can be attributed to the extended bear market. When the market eventually rebounds, CELO will recapture its ATH and rally to a new price record.
Celo (CELO) Coin Past Price Action
When Celo launched in the second quarter of 2020, the market was in recovery mode. This, as well as its sustainability appeal and solid fundamentals, helped it break into a price run.
From an ICO price of $1 in May 2020, CELO broke into a spirited run, first peaking around $4 in September of the same year. Fifteen months after launch, in October 2021, CELO hit its current all-time high of $10.66 – more than 1066% above its ICO price.
Further uptrend would, however, be halted by a market downturn in 2022. By June 2022, CELO had dumped all the gains made during the 2020-2021 market rally. It was back to trading around the ICO price levels. By the end of 2022, CELO’s price had dipped below its ICO price levels to the low of $0.46.
Like Bitcoin, CELO rallied by more than 100% in the first quarter of 2023. This was in reaction to a false market recovery. And while it has dipped back to the December 2022 levels, the early 2023 price activity showed its readiness to rebound.
Celo (CELO) Coin Price Prediction
Virtually every technical analyst and investor we have consulted is confident that CELO will rebound. They all agree that the network isn’t at fault for the coin’s depressing price action.
On the contrary, they acknowledge the significant development strides taken by the Celo network during the bear market. They attribute its poor price performance to the unforgiving bear market that has rocked the crypto markets for two years.
Moving forward, a large percentage of these professionals expect CELO to eventually recapture its late 2021 peak prices. A simple majority is also confident the 2024/5 bull market will catapult CELO to a new all-time high of $15. This represents a 3000% price gain from its current prices.
In the long run, the more optimistic analysts expect CELO price prediction to reach $100 – by 2030. The move translates to an ambitious 20,000% gain in less than six years. These optimists are confident that the Celo network’s growth trajectory and relatively conservative total supply support such growth.
Common Ways of Buying Celo (CELO) Coins
You now know where to buy Celo and whether the digital asset is worth buying. In this section, we will be introducing you to the most common ways of buying the top altcoin.
Buy Celo (CELO) with PayPal
We begin by saying that you cannot buy Celo directly on the PayPal website. The payment processor will only let you buy BTC, ETH, LTC, BCH, and PUSD on their website. The crypto world is, however, not short of exchanges and trading platforms that you can use to buy Celo with PayPal. There are two primary ways of buying CELO with PayPal on these platforms.
First, some exchanges – like eToro and Coinbase – will accept eToro deposits. You may then use this account balance to buy CELO tokens. Others, like Binance and KuCoin, have integrated peer-to-peer trading platforms. Here, you can buy the best altcoins – including Celo – with such popular payment options as PayPal.
The benefits of buying Celo with PayPal include fast transaction processing speeds. The payment processor also maintains low cash transfer fees. On the flip side, though, one may argue that PayPal has low daily cash transfer limits.
Buy Celo (CELO) with Credit Cards and Debit Cards
You can buy Celo with debit cards and credit cards on virtually all the popular crypto exchanges. As is the case with PayPal, there are multiple ways of buying the most promising altcoins like Celo with cards. First, some exchanges will let you fund your trader account with cards. You may then use this balance to buy CELO tokens.
Alternatively, you can invest in Celo with debit cards and using cards using fiat-to-crypto on-ramps. This is used by crypto exchanges that do not accept fiat deposits. Here, you will buy crypto through an on-ramp like Simplex or Moonpay, which deposits Celo into your crypto trader account.
The perks of buying Celo with a card include the fact that card providers provide payments fast. The downside, however, is that they charge relatively high payment processing fees. They also have relatively low daily cash transfer limits.
Buy Celo (CELO) With Bank Transfer
Virtually all the best crypto exchanges will let you buy cryptos with bank transfers. As is the case of cards, some will accept direct bank deposits. Others will only let you buy Celo using fiat-to-crypto on-ramps.
There are two key benefits of buying Celo with bank transfers. First, the bank is one of the most accessible payment methods. Secondly, banks have higher daily cash transfer limits. On the flip side, though, banks charge higher transaction processing fees. Further, banks are more bureaucratic. It often takes days before the bank deposit is reflected in your trade account.
Best Celo (CELO) Wallet
To keep the Celo tokens, you just purchased on these exchanges safe, you will need a safe crypto wallet. The best way to teach you about the best Celo wallet is by looking at the different types of wallets available to you.
Web wallets are also referred to as cloud-based wallets. These store the private keys for your Celo in third-party controlled servers. Good examples of web wallets are the exchange-based wallets provided by all the top crypto trading platforms. They ensure you have instant access to your Celo tokens. You, however, do not have absolute control over these coins.
Software wallets, on the other hand, are specialized computer programs designed to store and keep your Celo tokens safe. These can be computer programs or mobile apps. Examples of software wallets are Exodus and Metamask. They could also be exchange-provided mobile and desktop wallet apps like the Trust wallet or eToro Money wallet apps.
These give you access and absolute control over the private keys for your crypto. They encrypt the private keys for this asset before depositing it into the root storage of your mobile or computer. The only downside to using software wallets is that they are hot wallets. They are, therefore, prone to attack by malware and hackers.
Hardware wallets are the safest digital wallets. Like software wallets, these give you access and absolute control over your private keys. As the name suggests, these are physical devices specially designed to hold your private keys and keep them safe. The safety guarantee is based on the fact that these store the private keys for your wallet offline.
Note, however, that, unlike web and software wallets, hardware wallets are not free. There are several popular and highly reputable hardware wallets. These include Ledger Nano X and S as well as Trezor One and Model T.
How to Buy Celo (CELO) For Beginners – Tutorial
In this section, we will be walking you through the process of buying Celo tokens on the all-popular eToro crypto exchange. As we have already mentioned, you only need $10 to start trading cryptos on this platform.
Step 1: Register a free crypto account
On your browser, open the official eToro website. Alternatively, download the free eToro crypto trading app from the Play Store or Apps Store. On either platform, hit the ‘Join Now‘ button and complete the user registration form that appears. This will seek to capture your basic personal information. You will also need to come up with a unique account username and a strong password.
Step 2: Verify your identity
The trader registration process is not considered complete until you have verified your identity. Simply submit a copy of your government-issued identification document – a passport or driver’s license. eToro will review the document and email you the approval notification within 24 hours.
Step 3: Deposit Funds
Log in to the approved crypto trader account and hit the “Deposit Funds” button. A funding tab will pop up, indicating all the payment methods available to you today. Choose one deposit method and follow the prompts to deposit at least $10 into the eToro account.
Step 4: Search for Celo
On the search bar on the eToro home page, key in the word ‘CELO’ and hit the “Trade” button on the pop-up tab that appears.
Step 5: Buy Celo Crypto
A trading tab will pop up. Use it to customize this trade by indicating how much you intend to invest in CELO. Then, hit the “Open Trade” button to execute this investment. The private keys of the CELO tokens you just purchased will be deposited in your exchange-provided wallet.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Step 6: Set up the eToro Money wallet
If you wish to move the Celo tokens to a third-party exchange or wallet, you first need to move them to the eToro Money wallet app. Start by downloading the free app from the Google Play Store or Apple App Store.
Use the login credentials created in step 1 above to log in to this wallet account. Link your eToro wallet app with the trading account and transfer the tokens to the wallet. You will be charged a 0.5% crypto transfer fee (capped at $50). From the eToro Money wallet app, you can easily transfer the Celo to any other wallet or exchange.
How to Sell Celo (CELO)
It is simple. Start by logging back into your eToro trading account. On the user dashboard, hit the ‘Portfolio’ tab to see all your open trades. Select CELO and choose to sell these assets. A tab will pop up indicating your asset’s value as well as the unrealized profit or loss. Hit the “Close Trade” button and the coin’s cash equivalent will be immediately deposited into your trading account.
Conclusion – Where to Buy Celo Coins
Buying Celo coins doesn’t have to be complicated. Its popularity and community backing have already helped it list with all the top crypto exchanges. In helping you find the best place to buy CELO, we have reviewed some of the best crypto exchanges around. We have even explained what Celo is and covered some of the reasons why CELO is worth buying today.
Want to jump straight to buying CELO tokens today? Follow the step-by-step guide to buying CELO tokens that we have discussed above. This teaches you how to buy your first CELO coin on the all-popular exchange.
Reviewed and Fact Checked by Kamal Masri, Crypto Writer and Investment Analyst.
- Free Copy Trading of Professional Traders
- Best Place to Buy CELO
- Minimum Deposit only $10
- Best Beginner exchange
- Open to US & Worldwide
Cryptoassets are a highly volatile unregulated investment product.
FAQs on Where to Buy Celo (CELO) in 2024
Where is the best place to buy Celo Coins today?
eToro is our top pick for the best place to buy CELO coins. We like it because it is user-friendly, has a transparent fee structure, and transaction processing is instant. eToro is also secure and has never been hacked.
How can I buy Celo tokens today?
It is easy. Create a crypto trader account with a reputable exchange – like eToro. Verify your identity, deposit funds into this account, and start buying CELO coins.
Is Celo a good investment?
Yes, CELO is a good investment because it has solid fundamentals. It has also performed well in the past and every indicator points to a future price rebound for CELO coins.
How much should I invest in Celo?
There is no standard figure of how much you should invest in Celo or any other crypto. How much you invest in the altcoin should be informed by your risk tolerance. You should also take into account your understanding of the crypto, investing strategy, and investing goals.
Is Celo available on eToro?
Yes, you can buy Celo on eToro today.
Is Celo available on Coinbase?
Yes, CELO tokens are available on Coinbase.
Is Celo available on Binance?
Yes, you can buy CELO tokens on Binance.