Buy Celo
with Debit Card

Debit Card

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How to buy Celo with Debit Card

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FAQ

Frequently asked questions

Is Celo worth buying?

CELO platform aims to bring financial services to people who are underbanked or unbanked. CELO's worthwhile proposition lies in its focus on financial inclusion and its aim to bring economic empowerment to people who are currently excluded from the traditional financial system. By providing a secure and user-friendly platform for financial services, CELO aims to make it easier for people in developing countries to access the financial tools and resources they need to improve their financial well-being. Additionally, the CELO platform is designed to be highly scalable and flexible, which allows developers to build and deploy a wide range of financial dApps quickly and easily. This could lead to a vibrant ecosystem of financial services built on the CELO platform, which could increase demand for the CELO cryptocurrency and drive its value higher over time.

What are the advantages of using Debit Card?

In a nutshell, we could name these advantages of Debit Card: No debt, No application or minimum credit score needed, Less fees, Identity theft protection, Fast withdraw verification

Who are the founders of Celo ?

Celo's main network was first introduced in April 2020 by Sep Kamvar, Rene Reinsberg and Marek Olszeuski. Celo consists of a group of well-known international organizations, including the World Bank, Google, Harvard University, Visa, MIT, the United States Department of Justice, and Cambridge University. Many independent institutions also play a role in the preservation and development of Celo. Along with the launch of this platform on the main network, there is also a Celo Foundation that helps the growth and development of this platform as a non-profit organization.

Does Debit Card have fees and charges?

Debit cards generally have no additional fees. But note, if you make a transfer from a terminal whose issuing bank is not your debit card bank, some transaction fees may be deducted from your card account. Or if you withdraw or spend an amount from this card that exceeds its balance, you will also have to pay a fee. But there are zero exchange fees for your crypto-trading through our exchange.

What is the main goal of the Celo project?

Protecting your CELO investment is crucial, and there are several ways to do so. Keeping your private keys offline makes storing your CELO in a hardware wallet one of the safest options. You can also use a common method of keeping crypto investments which is known as the software wallet, a digital wallet that you can store on your computer or mobile device. Also, in order to make trading for CELO cryptocurrency more practical, our exchange also provides a secure private online wallet with extra features and simple access to numerous trading options.

What happens if I exceed my Debit Card balance for a cryptocurrency transaction?

The bank may agree to the transaction in accordance with the conditions of your account or the policies of your debit card network, but it may also charge an overdraft fee for that transaction and any subsequent ones, up until you make a sufficient deposit.

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