Celsius Exchange has paused all its services like withdrawal, swaps and transfers between accounts.
This has started a heated debate, people are objecting because Celsius advertise itself where people can access their crypto anytime. Now people have left with their crypto locked in the network.
According to the network, this has been done in the interest of the Celsius community; however, they did not answer "why". Network also says that they will continue to operate to share information, but they did not inform anything that could make users get their intention.
Meanwhile people are promoting decentralization against ceantralized exchange, and are supporting non-custodial wallets, which is main point of decentralization
This has started a heated debate, people are objecting because Celsius advertise itself where people can access their crypto anytime. Now people have left with their crypto locked in the network.
According to the network, this has been done in the interest of the Celsius community; however, they did not answer "why". Network also says that they will continue to operate to share information, but they did not inform anything that could make users get their intention.
Meanwhile people are promoting decentralization against ceantralized exchange, and are supporting non-custodial wallets, which is main point of decentralization