As of right now, you cannot buy Celsius on Coinbase. Celsius is a decentralized lending and borrowing network built on the Ethereum blockchain.
NOTE: Warning: Coinbase does not currently support the buying or selling of Celsius (CEL) tokens. It is not recommended to attempt to purchase Celsius on Coinbase as it may result in financial loss. Furthermore, any attempt to do so may be in violation of Coinbase’s terms and conditions.
It allows users to take out loans in fiat currencies, using their crypto as collateral. The interest earned on these loans is used to pay holders of the CEL token, who can then use the token to take out loans of their own. .
Celsius is not currently listed on any major exchanges, so the only way to get CEL is through a decentralized exchange like IDEX or EtherDelta. However, this may change in the future, as Celsius has plans to list on more exchanges and make it easier for people to buy CEL.
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