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Celo (CELO)

€ 0,41143

11,05 % € 0,04546
24h 1w 1m 1y All

Celo Price in Euros

(CELO to EUR)

€ 0,41143

Celo Volume

(24h)

€ 45.32 M

Market Cap

(Celo)

€236.25 M
BTC

What is Celo

Celo is a layer-1 blockchain intended to enable financial transactions through an app; similar to apps like Revolut, Celo wants you to be able to send each other cryptocurrencies through cell phone numbers.

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How does Celo work?

Celo works as a mobile application, where you first synchronize your mobile number. All transactions are approved through the PoS mechanism. Here, the Celo app acts as a "thin client": because validating these transactions takes too much energy for a mobile app, the cheapest and most latent node nearby is chosen each time.

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How to buy Celo?

Do you want to buy Celo? You can easily do this at a crypto exchange like Coinmerce. Pay with SEPA or credit card and you’ll receive your CELO tokens shortly!

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How to buy Celo?

Would you like to buy Celo (CELO)? You can buy Celo using a credit card or SEPA at Coinmerce. Once you are logged in, you will see ‘Coins’ in the top menu. When you click on this button, you come to the page with all crypto coins that Coinmerce offers. If you don't see Celo, use the search function to search for Celo and click on the name. You can indicate the amount of euros you want to buy Celo for in the right window. Below is shown how much Celo tokens you get for this. If you have entered the desired amount you can click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy Celo when the price of Celo reaches your entered value. You can also execute a repeating order. Do you want to buy Celo with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive Celo.

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About Celo

Celo was founded in 2017 by Rene Reinsberg (head of the Celo Foundation), Marek Olszewski, current Chief Technology Officer at cLabs; and Sep Kamvar, computer scientist and former professor at MIT Media Lab. You can join Celo as a validator once you have downloaded the app and your mobile number is synced. You can also send some of your CELO tokens to a smart contract, which will be locked into it and give you the right to vote in decisions about the protocol. This makes Celo a decentralized governance. It also works with Celo dollars (CUSD). This stablecoin is pegged to the U.S. dollar and ensures stable transfers between users.

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Founder Rene Reinsberg
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Founded 2017
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Industry Payments
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Website Website
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Network ERC-20
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Location Berlin
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Rank 187
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Market Cap 236.25 M
euro
Trading volume 45.32 M
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Maximum coins 1000 M
euro
Circulating 570.65 M
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