What strategies does Celsius Network employ to increase its AUM?
dhanaraj ppNov 25, 2021 · 3 years ago3 answers
Can you provide some insights into the strategies that Celsius Network uses to increase its Assets Under Management (AUM)? How does Celsius Network attract and retain users to grow its AUM?
3 answers
- Nov 25, 2021 · 3 years agoCelsius Network employs several strategies to increase its AUM. One of the key strategies is offering high interest rates on cryptocurrency deposits. By providing competitive rates, Celsius Network attracts users who are looking to earn passive income on their digital assets. Additionally, Celsius Network offers incentives and rewards to its users, such as loyalty programs and referral bonuses, which encourage users to deposit and hold more funds with the platform. Furthermore, Celsius Network actively engages with the cryptocurrency community through social media, events, and partnerships, which helps to raise awareness and attract new users. Overall, Celsius Network focuses on providing value to its users and building trust in order to increase its AUM.
- Nov 25, 2021 · 3 years agoTo increase its AUM, Celsius Network leverages its unique business model. Celsius Network allows users to earn interest on their cryptocurrency holdings, while also providing them with the option to borrow against their assets. This dual functionality attracts both investors and borrowers, which helps to increase the overall AUM. Additionally, Celsius Network offers a variety of cryptocurrencies for users to deposit, providing them with flexibility and choice. By offering a wide range of options, Celsius Network is able to attract a diverse user base and increase its AUM.
- Nov 25, 2021 · 3 years agoCelsius Network employs various strategies to grow its AUM. One of the key strategies is partnering with other cryptocurrency exchanges and platforms. By integrating with these partners, Celsius Network is able to reach a wider audience and attract new users. This partnership approach also allows Celsius Network to offer additional services and benefits to its users, such as seamless trading and access to new investment opportunities. By continuously expanding its network of partners, Celsius Network is able to increase its AUM and provide more value to its users.
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