Manage your CELO
with NOW Wallet

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Celo
Celo
100 CELO
Soon
Soon
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Celo
Celo
100 CELO
Trustpilot
CELO
CELO

How to buy Celo with card

CELO
CELO
You can buy CELO with a debit or credit card through NOW Wallet:
  • Pick CELO as the currency you want to buy.
  • Choose a fiat currency to buy CELO with.
  • Enter your card details and the recipient's address if you are sending to a third-party wallet.
  • Receive your CELO in approximately 5 mins!
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CELO
CELO

How to exchange Celo

CELO
CELO
You can exchange CELO with NOW Wallet:
  • Pick CELO as the currency you want to exchange.
  • Choose the crypto asset you’d like to get for your CELO.
  • Enter the recipient's address if you are exchanging to a third-party wallet.
  • Receive your exchanged assets in approximately 5 mins!
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We have a number of benefits that will improve management of your Celo wallet

What is Celo (CELO)

Celo

Celo is an open-source blockchain platform that specializes in the creation of DeFi mobile tools and services. It was founded in 2017 by a group of individuals including those from MIT, Stanford, Google, Visa, Harvard University, etc. The first test network, Alfajores, was launched in 2019, and the mainnet was released in 2020. According to Celo’s website, the platform has two core values: unique purpose and connectedness.

Celo is EVM-compatible and is powered by the Byzantine Fault Tolerance (BFT) consensus mechanism that is responsible for the network’s governance. A minimum of 10,000 CELO tokens is required to become a validator node in the said mechanism and vote on platform changes. Validator nodes are linked to the light clients, Celo DApps, by full nodes who are paid in fees. In total, there are three native tokens live on the Celo platform: CELO, Celo Dollar, and Celo Euro with more stablecoins planned to be released in the future.

In February 2022, the Celo network announced that it has recently partnered with an NGO like it has done multiple times in the past two years. This time Celo is working with Mercy Corps Venture (MCV). Together they ran a pilot for three months in Kenya in 2021 in order to find out whether Celo’s stablecoin, cUSD, could help improve the process of cross-border payments that are involved in microwork.