Celo (CELO)
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About CELO
Celo is a mobile-first, carbon-negative blockchain platform designed to facilitate financial inclusion. It uses phone numbers for digital identity and supports stablecoins, offering a sustainable and accessible ecosystem for users worldwide.
Convert Fiat to Celo
Fact Sheet
News
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Tim Draper envisions a future where bitcoin dominates, fiat crumbles, and people scramble to convert dollars before they become worthless, calling BTC the ultimate global currency. Tim Draper Says Fiat Is Doomed—Bitcoin to Replace the Dollar for Everything Tim Draper,…
Republican Thomas Massie Embraces Bitcoin Amid Trump Feud Over Fiscal Clashes
U.S. Representative Thomas Massie, a Republican hailing from Kentucky, has recently disclosed that he received more than $261,000 in contributions to his campaign. This week, the staunch advocate for fiscal responsibility, currently engaged in a spirited political clash with President…
US Lawmaker Plans to Introduce Bill to Permanently ‘Cement’ Trump’s National Bitcoin Reserve
Sources disclose that U.S. Representative Byron Donalds (R-FL) plans to introduce legislation on March 14, 2025, to permanently establish President Donald Trump’s Strategic Bitcoin Reserve and Digital Asset Stockpile, aiming to shield the initiative from reversal by future administrations. U.S.…
North Korea’s Lazarus Group Moves 400 ETH to Tornado Cash Following $1.5B Bybit Hack
North Korea-linked Lazarus Group transferred 400 ETH (worth $750,000) to Tornado Cash on March 12, 2025, likely laundering proceeds from the record $1.5 billion Bybit hack, blockchain researchers report. ZachXBT: Tornado Cash Demix Exposes North Korea’s $3.1M PEPE Token Purchase…
Blackrock’s BUIDL Soars 50% in 6 Days—Tokenized Fund Now Commands $1B AUM
Six days ago, on March 8, 2025, the tokenized Blackrock USD Institutional Digital Liquidity Fund (BUIDL) held $668 million in assets under management (AUM). Since then, its AUM has soared by 50.3%, eclipsing the $1 billion threshold. From $668M to…
Frequently Asked Questions about Celo
What is Celo (CELO)?
Celo is a mobile-first blockchain platform that focuses on enabling financial inclusion globally. It allows users to send and receive digital assets using only a phone number, simplifying the onboarding process for those without traditional banking access.
How does Celo work?
Celo operates using a mobile-centric design, leveraging the widespread use of smartphones to facilitate easy and low-cost transactions. The platform supports stablecoins and ensures accessibility, even for resource-constrained devices.
What makes Celo unique?
Celo is unique for its mobile-first approach and carbon-negative blockchain. It provides an easy onboarding process for users without banking access, allowing them to transact in stablecoins and digital currencies.
Where can I buy and trade Celo (CELO)?
CELO tokens can be traded on various centralized exchanges. The most popular exchange to buy and trade Celo is Binance, where the most active trading pair CELO/USDT has a trading volume of $369 million in the last 24 hours.
What are the benefits of using Celo?
Celo enables mobile payments using stablecoins, providing a low-cost and efficient means of transferring value. Its commitment to being carbon-negative also supports its goal of creating a sustainable financial system.
How can I store my Celo (CELO) tokens securely?
CELO tokens can be stored in any ERC-20 compatible wallet, including MetaMask, Trust Wallet, and hardware wallets like Ledger and Trezor.
Is Celo (CELO) a good investment?
As of December 4, 2024, Celo has a market cap of approximately $533 million and a 24-hour trading volume of around $369 million. As with any investment, it is essential to conduct thorough research and consider market volatility.