I Just Put $100,000 Into This Crypto App (Celsius)

28 May 2021 · 12 min
11:47

In this informal YouTube vlog, the creator explains his obsession with passive income and his decision to earn interest on his cryptocurrency holdings through crypto lending platforms. After describing his personal motivation to make money while doing nothing, he outlines how crypto lending works—comparing it to traditional banking—where deposited crypto is loaned out to borrowers and the lender earns interest. He surveys several platforms (AAVE, CoinLoan, Nexo, BlockFi, etc.) and ultimately selects Celsius, praising its low fees, unlimited withdrawals, weekly interest payouts, and upcoming self‑insurance program. He details his own investment of $100,000 into Celsius, noting an early $2,000 gain from price appreciation and the first weekly interest payment. The video includes a referral offer: depositing $400 earns a $40 bonus for both the viewer and the creator. He promises a future update at month‑end reviewing total interest earned, platform performance, and user experience.

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