0% APR
California Loans

You read it right! 0% APR loans are now available in California through Celsius Network!

Borrow today at 0% APR! Loans in California are offered at 0% APR (annual percentage rate) and 25% LTV (loan-to-value). Only in California. Only with Celsius Network. Unbank Yourself Today!

Please note: You do not earn reward interest on assets used for your loan collateral!

NOW AVAILABLE – August 13th, 2021

Newly launched California crypto loans are now available to all Californians through the Celsius platform. Hundreds if not thousands of Californians have been asking, and Celsius has delivered with an amazing crypto loan product made just for California users. Borrow USD or stablecoins at 0% APR and 25% LTV with:

  • no origination fees
  • no credit checks
  • zero interest (as in no interest payments and no interest charged)
  • available to all California Celsius users as of August 13th, 2021!

What is a 0% APR Loan?

A Celsius user who has successfully applied and approved for a 0% APR California loan will pay NO INTEREST during any length of loan term. You can always extend or close your loan at any time with no fees or penalties. There are 2 other things of importance to note:

  • 0% APR loans in California must be 25% Loan-to-Value (LTV)
  • You can only choose collateral and loan proceed asset supported in the state of California.

0% APR Celsius loans in California start from $500. With 25% LTV, you will need at least $2,000 for collateral (4x the value of the loan). You can choose from over 45 crypto collateral options including stablecoins or other crypto assets. It usually takes 24 hours for loan approval.

The loan application process is simple and efficient.

The application process for a 0% APR Celsius loan in California is available through the mobile app only at this time. Click on the ‘Borrow‘ section in the main menu.

Essentially, you start by selecting whether you want your loan proceeds to be in dollars (USD) or stablecoins. You enter the amount you want (system will let you know how much collateral you require to get approved for your new California Celsius crypto backed loan) and then you choose the crypto collateral and interest rate. Then, you can choose the length of term of your new loan (you can extend at anytime without penalty or fees and you can close your loan without fees as long as you pay at least 6 months of interest, which at 0% APR is $0!). Then just confirm and voila, you have a new 0% APR California loan through Celsius!

Note: If you are a California resident and Celsius user applying for a crypto backed loan valued between $2,500 – $10,000 USD, you will have an option to enroll in a free Credit Education Program.

How to Use Your New California Crypto Loan Proceeds for Leverage

Please note: these examples will also work for UK residents who can take out a 0% APR Celsius loan

Example 1: Use loan proceeds to purchase a stablecoin

We’ll use a simple example of how you can potentially maximize your return on investments (ROI) by using leverage through Celsius crypto loans available in California now:

  • 1% APR / 25% LTV crypto loan through Celsius
  • $1,000 loan using $4,000 crypto collateral
  • Purchase $1,000 worth of a stablecoin
  • Get 8.88% APY in-kind rewards (rewards in stablecoin)
  • Pay zero loan interest (because 0% APR)

Here are the numbers:

LoanIn-Kind
APY
*In-Kind
Equivalency
Stablecoin
In-Kind APY
Loan
Interest
Difference
ZEC-2.02%-8.08%+8.88%-0.00%+0.80%
BSV-2.02%-8.08%+8.88%-0.00%+0.80%
UMA-1.00%-4.00%+8.88%-0.00%+4.88%
OMG-0.50%-2.00%+8.88%-0.00%+6.88%
KNC-0.50%-2.00%+8.88%-0.00%+6.88%
MANA-0.50%-2.00%+8.88%-0.00%+6.88%
*In-Kind Equivalency = In-Kind APY * 4 (as a 1% APR / 25% LTV loan requires 4 times the collateral) -and- Difference = Stablecoin In-Kind APY minus In-Kind Equivalency minus Loan Interest

As you can see, Californians who leverage their lowest interest-bearing assets through a 0% APR Celsius loan can increase their ROI simply by taking out a loan and purchasing a stablecoin to earn rewards. The % differential for the above 6 examples is between +0.80% to +6.88% APY, which can be significant.

Example 2: Use loan proceeds to purchase non-stablecoin crypto assets

Please note: You would only borrow against one asset to purchase another asset because you think the asset that you buy with the loan proceeds will appreciate MORE than the collateral asset. Or, you may use this strategy to diversify your crypto holdings. Don’t use this strategy if you are only looking for higher ROI regardless of asset. As both asset prices are variable, it is impossible to predict future value. We are only looking at % APY differential.

We’ll use some more simple examples on how you can leverage a Celsius California 0% APR loan by purchasing non-stablecoin assets. We will concentrate on the 3 highest interest-bearing assets supported in California. Again, here are the loan details:

  • 1% APR / 25% LTV crypto loan through Celsius
  • $1,000 loan using $4,000 crypto collateral
  • Purchase $1,000 worth of non-stablecoin asset (SNX, MATIC or DOT)
  • Receive corresponding APY in-kind rewards (rewards in SNX, MATIC or DOT)
  • Pay zero loan interest (because 0% APR)

Here are the numbers for SNX:

LoanIn-Kind
APY
In-Kind
Equivalency
SNX
In-Kind APY
Loan
Interest
*Difference
UMA-1.00%-4.00%+13.99%-0.00%+9.99%
OMG-0.50%-2.00%+13.99%-0.00%+11.99%
KNC-0.50%-2.00%+13.99%-0.00%+11.99%
MANA-0.50%-2.00%+13.99%-0.00%+11.99%
*Difference = this only represents the difference in % APY reward rates. Both the loan collateral and SNX prices are variable (fluctuate with market) and therefore, it is impossible to predict the final ROI differential.

Here are the numbers for MATIC:

LoanIn-Kind
APY
In-Kind
Equivalency
MATIC
In-Kind APY
Loan
Interest
*Difference
UMA-1.00%-4.00%+10.51%-0.00%+6.51%
OMG-0.50%-2.00%+10.51%-0.00%+8.51%
KNC-0.50%-2.00%+10.51%-0.00%+8.51%
MANA-0.50%-2.00%+10.51%-0.00%+8.51%
*Difference = this only represents the difference in % APY reward rates. Both the loan collateral and MATIC prices are variable (fluctuate with market) and therefore, it is impossible to predict the final ROI differential.

Here are the numbers for DOT:

LoanIn-Kind
APY
In-Kind
Equivalency
DOT
In-Kind APY
Loan
Interest
*Difference
UMA-1.00%-4.00%+8.86%-0.00%+4.86%
OMG-0.50%-2.00%+8.86%-0.00%+6.86%
KNC-0.50%-2.00%+8.86%-0.00%+6.86%
MANA-0.50%-2.00%+8.86%-0.00%+6.86%
*Difference = this only represents the difference in % APY reward rates. Both the loan collateral and DOT prices are variable (fluctuate with market) and therefore, it is impossible to predict the final ROI differential.

The 0% APR loans available to California Celsius users is an amazing product. If used correctly, the leverage from zero interest will allow California users to borrow again their lowest interest-bearing assets to purchase the highest interest-bearing assets to multiple their return on investments. The % APY differential is incredible and can range from +4.86% to +11.99% APY.


Celsius is licensed by the California Department of Financial Protection and Innovation under the California Finance Lender Law License No. 60DBO-133776. Celsius California loans will be originated by Celsius Lending LLC pursuant to this license.