Last update: Jun 6, 2022

How to Buy Celer Network (CELR)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy Celer Network. Depending on your country, you’ll have various crypto trading platforms to choose from.

In this guide, we not only cover the top 3 global crypto trading platforms, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

Celer network

How to Buy Celer Network – 4 Easy Steps

1. Choose a cryptocurrency exchange

Finding a crypto exchange isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have Celer Network of course.

2. Sign up with the crypto exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger crypto exchanges.

4. Buy Celer Network

Now that you have what you need to buy Celer Network, head over to the market or buy section of the crypto exchange and buy some CELR.

If the crypto exchange doesn’t have any Celer Network on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has Celer Network first), and trade your Ethereum for Celer Network.

Where to Buy Celer Network (CELR)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
BinanceUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
FtxUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX
Etoro logoUSD, GBP, AUD, EUR, and more50+credit card, skrill, paypal, bank transfer, and moreVisit eToro
Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell Celer Network

  1. Sign into the cryptocurrency exchange where you bought Celer Network.
  2. Move your Celer Network to the right place on the cryptocurrency exchange. Some exchanges have trading accounts you need to use for buying and selling.
  3. Sell Celer Network.

 

Crypto trading

How to Buy Celer Network (CELR) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy Celer Network in Australia, the process remains the same:

  1. Find a crypto exchange below.
  2. Sign up for an account.
  3. Fund your account with AUD.
  4. Buy Celer Network if it’s available. If the exchange doesn’t have Celer Network. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Celer Network), and trade your ETH for Celer Network.

You can also take a look at our analysis of the cryptocurrency brokers in Australia If you’re curious to know more about which ones we prefer.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Swyftx logoAUD, NZD300+bank transfer, POLi pay, PayID, credit cardVisit Swyftx
Binance logoUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
Ftx logoUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX

How to Buy Celer Network (CELR) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy Celer Network in Canada, the process remains the same:

  1. Find a cryptocurrency exchange below.
  2. Sign up for an account.
  3. Fund your account with CAD.
  4. Buy Celer Network if it’s available. If the exchange doesn’t have Celer Network. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Celer Network), and trade your ETH for Celer Network.

Or, if you’d like to learn more about the exchanges we prefer, read our list of the top 10 crypto exchanges in Canada.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Bitbuy logoCAD15+Wire transfer, Interac e-TransferVisit Bitbuy
Coinberry logoCADBitcoin, Ethereum, Litecoin, BCH, XLMInterac e-Transfer, Wire transfer, Credit card, Debit cardVisit Coinberry
Ndax logoCADBitcoin, Ethereum, Litecoin, and 4 morewire transfer, Interac e-Transfer, Bank draftVisit ndax

How to Buy Celer Network (CELR) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy Celer Network in the UK, the process remains the same:

  1. Find a cryptocurrency exchange below.
  2. Sign up for an account.
  3. Fund your account with GBP.
  4. Buy Celer Network if it’s available. If the exchange doesn’t have Celer Network. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Celer Network), and trade your ETH for Celer Network.

You can also check out our comparison of the bitcoin exchanges in the UK if you’re looking to learn more about which exchanges we would recommend.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Cex logoGBP, USD, EUR10+Bank transfer, credit card, debit cardVisit CEX
Coinjar logoGBP50+Bank Transfer (FPS), Visa, MastercardVisit Coinjar
Coinbase logoUSD, GBP, EUR150+Bank transfer (FPS), credit/debit cardVisit Coinbase

Cryptocurrency trading

Considering buying Celer Network? CELR Rundown

Celer is a blockchain communication protocol that allows one-click access to tokens, deFi, gameFi and NFTs. To gain efficient liquidity utilization, coherent app logic, and shared state access, developers can create inter-chain-native dapps with the CelerInter-chain Messaging Framework. Celer-enabled DApps users will be able to enjoy the advantages of a multi-blockchain ecosystem and the simplicity of a single transaction UX all from one chain.

Celer Network's blockchain State Guardian Network supports and secures the architecture. It uses a Proof of Stake ( POS) consensus variant called Delegated proof of stake ( DPS). Participants can stake their coins to receive a reward and transfer the responsibility for validating transactions "delegates".

Celer State Guardian Network is built on Tendermint and acts as a message relay between different blockchains. To join the consensus process of SGN, validator nodes must stake CELR tokens. The CELR staking process supports economic security for the Celer Interchain Messaging Framework. Users must pay a fee for the SGN to use its message routing service and store the multisignature attestation. These usage fees, in addition to block rewards are paid to CELR stakers or validators for their efforts in securing network.

Celer is fundamentally changing how multi-blockchain apps are built and used. Developers no longer need to deploy multiple smart contract isolated on different blockchains. Instead, they can build inter-chain-native, inter-blockchain dApps that are efficient in liquidity utilization, coherent and shareable logic, and have shared states. Celer-enabled dApps users will be able to enjoy the advantages of a multi-blockchain ecosystem without the complexity of manual interactions across multiple blockchains.

Celer employs smart contracts that are deployed on every chain and paired with the State Guardian Network (a Tendermint-based Blockchain), to allow seamless interoperability across multiple blocks. A user or a dApp can send a message to a Message Bus smartcontract on the source chain with a structured header, arbitrary binary payload and a structure header. The State Guardian Network will then reach a consensus about the existence of the message and generate an attestation with multiple signatures. The Executor who subscribes to the message receives the attestation. The same Message Bus contract is used to verify the validity of the message on the destination chain. It triggers the logic associated with that message either immediately after a timeout or immediately thereafter.

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author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.