Celsius Will Offer Compounding Crypto Interest As of Feb. 1

Celsius Will Offer Compounding Crypto Interest As of Feb. 1 – Crypto.IQ | Bitcoin and Investment News from Inside Experts You Can Trust

The Founder of popular crypto lending and borrowing platform Celsius, Alex Mashinsky, has announced that on February 1 the platform will begin offering compound interest on cryptocurrency deposits. Compound interest is when the interest earned on a deposit is immediately re-invested so that the money earned from interest immediately accrues interest.