Celsius Users Can Now Withdraw Funds: Are You Eligible?

Great news for Celsius users! Most Customers of bankrupt cryptocurrency lender Celsius can withdraw their assets from the platform for the first time since June, the company announced Thursday. After a long wait, Celsius eligible users are now allowed to withdraw funds.

On January 31, the crypto lender released an official update about the upcoming withdrawals and provided a list of those who will be eligible to withdraw funds. The Bankrupt crypto lender Celsius Network published the names of users who are allowed to withdraw a majority of their assets locked on the platform. This list is detailed in a 1,400-page document, so be sure to check if you're included.

Understanding Celsius Withdrawal Terms

The terms of withdrawal are specific: eligible participants can now withdraw 72.5% of their cryptocurrency holdings, albeit with the deduction of transaction fees. Ensure you understand the fee structure before initiating a withdrawal.

Check Your Eligibility for Celsius Withdrawals

With withdrawals now open for eligible users, it's crucial to confirm your status. Review the official Celsius communications and the published list to determine if you are eligible to participate in this initial withdrawal phase. Stay updated on any further announcements regarding withdrawal procedures.