Buy Celo
with Debit Card

Debit Card

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How to buy Celo with Debit Card

Why investors buy Celo with Debit Card

A debit card is a payment card that, unlike a credit card, is directly linked to the customer’s account using the money they have on deposit to pay for their purchase. Debit Card payment methods can be used to buy goods or to use services. Debit cards are accepted at millions of online stores and can be easily added to your digital wallets. Some of the main advantages of offering debit card payment services would be:

  • The user never accumulates debt by spending from the debit card because it spends from users’ owned money directly. Therefore, it can help you prevent spending beyond your budget.
  • It is safe to use against fraud.
  • Debit cards do not have an annual fee.
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Is Celo a good investment?

A debit card is a payment card that, unlike a credit card, is directly linked to the customer’s account using the money they have on deposit to pay for their purchase. Debit Card payment methods can be used to buy goods or to use services. Debit cards are accepted at millions of online stores and can be easily added to your digital wallets. Some of the main advantages of offering debit card payment services would be:

  • The user never accumulates debt by spending from the debit card because it spends from users’ owned money directly. Therefore, it can help you prevent spending beyond your budget.
  • It is safe to use against fraud.
  • Debit cards do not have an annual fee.
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Who can buy Celo with Debit Card

Anyone with a bank account can own a debit card and anyone with a verified debit card and an account on our exchange can enjoy our Debit Card payment service to buy cryptocurrencies. Offering cryptocurrency purchase services using debit cards means more flexible financing for our exchange users.

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What is Celo ?

Since introducing Celo on its main blockchain, Celo has experienced significant growth. Celo's unique selling point is its focus on smartphone users. The token's price fluctuated between $1.42 and $1.92 after its May 2020 launch before soaring to a peak of $4.46 in August 2020.

Beginning in 2021, CELO's price began to increase once more, reaching a peak of $6.15 at the end of April. It once again crashed to a low of $1.9 to demonstrate the cyclical nature of cryptocurrencies, but by September, CELO's price had soared to an all-time high of $7.63. Therefore, the best year for Celo price was 2021 since the average price was $4.20, and the price closed at $4.88 after reaching the max price $9.50. The cryptocurrency market was volatile for the most of 2022 which affected the price of all the crypto tokens on the market generally. Still, by the start of 2023 the market seems to be heading toward a good start and CELO price is also rising alongside. Some crypto market professionals have predicted that in 2030, CELO cryptocurrency’s price would range around $2,354 to $2,766. Keep in mind that this is not a financial advice,  it’s important that you conduct your own research and assess the market before investing in the crypto tokens.

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How to buy Celo with Debit Card instantly?

The transactions paid through the Debit Card payment service are instantaneous, as Debit Card is directly linked to your cash-funded bank account. For that reason, depositing funds and withdrawing money from our exchange also happen instantly when using a debit card payment service as the funds are immediately deducted from your account.

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Where can I buy Celo online with a Debit Card?

In order to offer more payment options for users to purchase cryptocurrencies simpler, our exchange provides Debit Card as a form of electronic payment service. To use debit card payment on our exchange, you must first log into your account on Blocktrade.com. After doing so, select the digital coin or the crypto token you want to purchase, enter the quantity of cryptocurrency you need to buy, and then choose to charge your account balance using a debit card. Your transaction will take place straight away. 

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Is Celo Reliable?

The phone numbers are stored in a decentralized and secure method in the Celo network, and users can exchange tokens with their contacts using their wallets and be sure that the tokens will reach their target audience safely. To maintain security, Celo uses proof-of-stake, and it has a difficult election process to choose the blockchain validators. Additionally, CELO holders have the option to vote for different validator groups with their holdings in order to participate in elections which will further ensure its security.

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Just 3 easy steps to start investing in Celo

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your account

Make your first
deposit

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investment journey

FAQ

Frequently asked questions

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.

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