Trusted by Celsius buyers, you can buy and trade Celsius in Luxembourg and 100+ countries on Blocktrade without any fees easily.
Your entry to the world of crypto
Learn More about buying CEL in Luxembourg
How to buy Celsius in Luxembourg
Is CEL a good investment in Luxembourg?
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.
What is Celsius ?
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.
Is Celsius legal to buy in Luxembourg
Yes, cryptocurrency is legal to buy in Luxembourg. The Luxembourg government has passed a
bill known as the Law on Payment Services and Electronic Money (Loi relative aux services de
paiement et aux monnaies électroniques), which defines and clarifies the legal status of digital
currencies in the country. This law provides a framework for the recognition and regulation of
digital currencies and promotes the development of the local fintech industry. In general, the
country has a favorable regulatory environment for digital assets and has established itself as a
hub for cryptocurrency and blockchain innovation.
Is Celsius taxed in Luxembourg
Yes, cryptocurrency is taxed in Luxembourg. The taxation of cryptocurrency in Luxembourg
depends on the specific circumstances and intended use of the digital assets. In addition, the
taxation of cryptocurrency in Luxembourg is generally governed by the Grand Ducal Regulation
of 17 December 2010 on Value Added Tax (VAT) and Income Tax, as well as any relevant
amendments and interpretations issued by the Luxembourg tax authorities.
According to the above-mentioned regulation document, cryptocurrency transactions are subject
to value-added tax (VAT) in the same way as traditional financial transactions. As mentioned in
the regulation document and under Luxembourg's VAT law, the purchase of cryptocurrency is
subject to VAT. In accordance with the mentioned document above, if a person gets paid by
cryptocurrency as a means of payment, the value of the cryptocurrency is considered to be
taxable income, and it is subject to personal income tax. Accordingly, if a person buys
cryptocurrency as an investment, any subsequent sale of the cryptocurrency is subject to capital
In summary, the taxation of cryptocurrency in Luxembourg depends on the type of transaction
and the intended use of the digital assets. It is always advisable to consult a tax professional to
determine the specific tax implications of cryptocurrency transactions in Luxembourg.
After you've bought Celsius in Luxembourg
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.
Who can buy Celsius in Luxembourg
In Luxembourg, anyone can buy cryptocurrency. There are no restrictions on who can purchase
digital assets. The ideal method of acquiring digital assets in Luxembourg varies based on
individual requirements and tastes, nonetheless, the most prevalent way to purchase
cryptocurrency in Luxembourg is by means of a digital asset exchange. Our platform offers you
the opportunity to purchase, sell, and exchange cryptocurrency utilizing the official currency of
Luxembourg, the Euro. Our exchange platform is a dependable and secure choice for those
seeking to buy cryptocurrency in Luxembourg. It operates within the bounds of the law and
provides an array of convenient payment methods, such as Apple Pay, Google Pay, credit card,
debit card, bank transfer, and PayPal, without any additional transaction costs to maintain
Buy Celsius at your ease
Payment methods to buy Celsius in Luxembourg
Just 3 easy steps to your first investment in Celsius
Sign up and verify
Make your first
MANAGE YOUR PORTFOLIO
Buy Other Cryptocurrencies in Luxembourg
Frequently asked questions
CEL tokens are available on most exchanges. If you are looking for a secure and trusted exchange with
zero processing fee, buy CEL from Blocktrade exchange, which is a cheap and cost-effective place to buy
According to the Grand Ducal Regulation of Luxembourg, cryptocurrency is considered as a
taxable asset and can be subject to income tax, value added tax or capital gains tax. The
reporting of cryptocurrency tax in Luxembourg is done as part of the annual income tax return.
The following steps outline the process of reporting cryptocurrency tax in Luxembourg:
Calculate the taxable amount, keep records of all cryptocurrency transactions, file a tax return,
and at last, pay your cryptocurrency tax.
Yes, you can cash out your cryptocurrency assets in Luxembourg. You can do so by selling
your cryptocurrency through a peer-to-peer marketplace or on a cryptocurrency exchange,
which is the most convenient method. After selling, you can then withdraw the funds to your
bank account or use them to make purchases. Our exchange charges zero fees for your crypto
sale transactions within our exchange.
It is important to note that cashing out cryptocurrency in Luxembourg may have tax implications
and that you may need to pay income tax on any gains made from selling your digital assets. It
is recommended to familiarize yourself with the tax laws related to cryptocurrency in
Luxembourg and consult a tax advisor or lawyer for specific advice on your situation.
The Celsius Network is a London-based company founded by Alex Mashinsky, S. Daniel Leon, and Nuke
Goldstein. Notably, Mashinsky who is an entrepreneur and engineer formerly contributed to creating a
Voice Over Internet Protocol foundation.
The ownership of cryptocurrency assets in Luxembourg is relatively high compared to other
countries. The country has a thriving financial sector and has been supportive of the growth of
the digital asset industry. This has led to increased interest and investment in the crypto space,
resulting in a growing number of individuals and businesses in Luxembourg owning
cryptocurrency assets. The country is seen as a hub for cryptocurrency and blockchain
technology in Europe, which further contributes to its high levels of adoption. There isn’t an
exact number of crypto asset owners among the Luxembourgian population, but according to a
survey, one out of every 10 people in Luxembourg owns a form of cryptocurrency.
Like other coins, the future of CEL is also unpredictable. No one can guarantee that investing in Celsius
will be profitable. However, the price history of this coin showed several profitable moments, but it
doesn’t ensure it will happen in the future too. Consider several factors to decide if buying CEL might be
worth it for you.