Buy Celo
with Debit Card

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.

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

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.

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.

By using phone numbers as public keys, CELO hopes that the world’s billions of smartphone owners, including those without banking access, will switch to using this digital currency.

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.