Buy Celsius
in Cyprus

CEL coin was released to the market in December 2018 with an initial price of $0.026. It didn’t have
many fluctuations for almost two years. It was in November 2020 when it finally could reach higher than
$1. Meanwhile, 2021 was a better year for CEL holders because the CEL price reached its highest value
of $8. As the numbers show, the CEL owners had increased their wealth eight times in one year, which
was a surprising profit. However, the CEL price dropped and ended the year at $3.82. CEL value had
many ups and downs in 2022, but it never rose more than $4 and ended the year at $0.5.
Investing in cryptocurrency is very risky. People would like to know if the future of the CEL token will be
profitable or not. The most important thing to know is that no one can forecast the future of a
cryptocurrency. Like everything else, it can’t be foreseen. But to make it easier for the investors to
decide on buying a coin, analysts and crypto experts usually give price predictions based on the analysis
they do. They think the price of CEL tokens might reach $13 by 2025. The analyses also predict that this
coin might have a price of $19 by 2030. However, you should still consider that these are just predictions
and you should not do any investment only based on these numbers.

Celsius is a peer-to-peer lending platform launched in 2018. It is created to facilitate the process of
borrowing and lending using blockchain. In this network, users can put CEL tokens as collateral, receive
fiat currency, and pay back with a small fee. The lenders are rewarded with CEL tokens. Furthermore,
the Celsius network has an appealing loyalty program for its users. Members who reach a higher level in
this loyalty program will receive rewards or discounts on their loan interest.

Yes, cryptocurrency is legal to buy in Cyprus. In Cyprus, the Cyprus Security and Exchange
Commission (CySec) has been designated as the competent supervisory authority for matters
relating to crypto asset regulations. CySec has issued its regulatory framework through which it
authorizes the trade, sell, buy, hold and many other cryptocurrency transactions. According to
this above-mentioned framework, Cyprus has embraced the use and trade of cryptocurrencies,
and the government has not placed any restrictions on buying or owning digital currencies.

Yes, cryptocurrency is taxed in Cyprus. The tax treatment of cryptocurrencies in Cyprus is
similar to that of other financial assets. Cryptocurrency is taxed in this country according to the
Income Tax Law, the Corporation Tax Law, and the Capital Gains Tax Law. These laws apply to
all forms of income, including income derived from cryptocurrencies, and set the rules for
taxation of profits from trading or investing in cryptocurrencies. According to the above-
mentioned Income Tax Law, income generated from trading or investing in cryptocurrencies is
subject to income tax. Also, if the trading or investment is considered personal, then the profits
are subject to personal income tax. According to the mentioned Corporation Tax Law, if the
trading or investment is considered a business activity, then the profits generated are subject to
corporate tax. The taxation of gains from the sale of cryptocurrencies, in accordance with the
mentioned Capital Gains Tax Law, is subject to capital gains tax in Cyprus. This tax applies to
profits made from the disposal of assets, including cryptocurrencies.
It's important to note that the exact tax treatment of cryptocurrencies may vary based on the
specific circumstances of each case, and it is recommended to seek the advice of a tax
professional for more information. Additionally, the tax laws in Cyprus and the way in which they
apply to cryptocurrencies may change over time, so it is advisable to stay informed of any
updates or changes.

CEL is a lending token. It means people use these tokens on the Celsius Network as collateral to receive
fiat as a loan. They can also receive CEL as a reward for lending currency to others. The more CEL tokens
a member has, the cheaper loan payment they will get.
Like other cryptocurrencies, CEL crypto can be a good investment. However, there is no guarantee about
its future. But people still keep this crypto as an investment. If you want to invest in CEL crypto, we
recommend you read more about its news. Check its daily price for a while, read comments about its
probable future, and follow experts on social media. Consider several factors when you want to buy
cryptocurrency as an investment. Last but not least, you should have an exit point for your investment.
This way, if the price does not increase much, you will not lose a lot.

In Cyprus, anyone who is legally allowed to own and trade financial assets is able to buy
cryptocurrency. This includes citizens, residents, and non-residents. To buy cryptocurrency in
Cyprus, individuals typically need to open an account with a cryptocurrency exchange or broker
that operates in the country. Using an exchange as your cryptocurrency service provider would
be of most convenience. Our secure and trustworthy exchange platform provides a range of
convenient payment methods, including bank transfer, credit/debit card, PayPal, Google Pay,
and Apple Pay, to buy cryptocurrency in Cyprus. With our platform, you can purchase, sell, and
exchange digital tokens using the Euro. Our exchange operates within the bounds of the law
and doesn't have any extra transaction costs.