What makes Celo mobile-first?

Celo uses phone numbers as human-readable addresses via ODIS, allowing anyone to send crypto to a phone number. The Valora app provides a mobile-optimized wallet and payment experience.

Can I swap CELO without KYC?

Yes. SyntheticSwap supports CELO swaps with no registration or identity verification.

What are Celo stablecoins?

Celo has cUSD (dollar), cEUR (euro), and cREAL (Brazilian real) — algorithmic stablecoins backed by a reserve of CELO, BTC, ETH, and other assets managed by the Celo protocol.

Is Celo becoming an Ethereum L2?

Yes. The Celo community voted in 2023 to migrate to an Ethereum Layer 2 using Optimism's OP Stack, bringing Ethereum security while maintaining Celo's mobile-first features.

Who uses Celo for financial inclusion?

GiveDirectly, Grameen Foundation, and other NGOs use Celo for direct cash transfers. Mercy Corps, Deutsche Telekom, and Andreessen Horowitz are ecosystem investors.

Home/Supported Coins/Celo

Celo

Mobile-First Blockchain for Financial Inclusion

Launch Year

2020

Consensus

Proof of Stake (Istanbul BFT)

Max Supply

1,000,000,000 CELO

Block Time

~5 seconds

CELO

Celo

Price—

24h Change—

Market Cap—

Volume (24h)—

Circulating Supply—

Swap CELO Now

No KYC or registration
Non-custodial — your keys, your crypto
1000+ supported exchange pairs
Best available exchange rate

Celo Price Chart

CELO / USD

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Data by CryptoCompare

About Celo

Celo (CELO) is a mobile-first blockchain platform designed to make financial tools accessible to anyone with a smartphone, particularly the billions of unbanked people in developing economies. Celo uses phone numbers as public keys (via a ODIS - Oblivious Decentralized Identifier Service), enabling users to send crypto to any phone number. The platform is EVM-compatible and features algorithmic stablecoins (cUSD, cEUR, cREAL) backed by a reserve of crypto assets. CELO is the governance and staking token. The Celo Foundation has partnered with Grameen Foundation, GiveDirectly, and other NGOs for crypto-based financial inclusion projects. Celo is migrating to become an Ethereum Layer 2.

History

2017

Celo founded by Rene Reinsberg, Marek Olszewski, and Sep Kamvar at MIT.

2020

Celo mainnet launches with CELO token and cUSD stablecoin.

2021

Celo ecosystem grows with DeFi protocols; $100M DeFi for the People fund announced.

2022

Celo partners with Opera browser for mobile crypto integration across Africa and Asia.

2023

Celo community votes to migrate to Ethereum Layer 2 using OP Stack technology.

2024

Celo L2 migration process begins; ecosystem DeFi TVL continues growing.

How to Swap CELO

Swapping Celo (CELO) on SyntheticSwap is simple and requires no registration or KYC. Connect your personal crypto wallet, select CELO as your source or destination asset, enter your receiving wallet address, and confirm the live exchange rate. Once you send CELO to the deposit address provided, SyntheticSwap processes the exchange automatically and delivers the destination asset directly to your wallet. No personal information is collected — fully non-custodial from start to finish.

How to Store CELO

CELO is stored in Celo-compatible wallets. Valora (official Celo mobile wallet) is the primary option for mobile users with phone-number based crypto sending. MetaMask configured for the Celo network (chainId 42220) also works. Ledger hardware wallets support CELO. Celo uses Ethereum-compatible addresses (0x...).