@OP. Take note of the warning from that page of markets of cel. There's a warning that says that they're not related to bilaxy exchange and they didn't list the token there.
Maybe you'll choose to get on that exchange although the volume is very little. But that's a good warning since you're going to buy cel just in case you won't choose tusd or btc and might end to use eth as its pair.
Bilaxy Exchange are certainly very suspicious. I have seen a number of scam accusation against them in the past. OP should be able to trade with decentralized exchanges like Uniswap, 1inch exchange or Bancor Network. At least I have ever used all of them.Maybe you'll choose to get on that exchange although the volume is very little. But that's a good warning since you're going to buy cel just in case you won't choose tusd or btc and might end to use eth as its pair.
Haha. We can use any ERC20 token to be able to own CEL on Uniswap because they have enough liquidity. USDT or USDC is also an ERC20 token so that they can be exchanged automatically with the CEL. We just place an order and the exchange does the job for us. The only problem is that the transaction cost per transaction is about 40-60 $, which is quite expensive. If you are dealing with large amounts of money, the cost is not a big deal.
Can be exchanged on Bilaxy but has very high slippage. Furthermore, withdrawing money to your ERC20 wallet is charged a very high fee of around $ 50 (corresponding to the number of your tokens). Accordingly, the transaction option on UNISWAP is more optimal and brings high efficiency.
I get how the process works thanks and the fees would stop someone to do transactions because it's really high and no longer bearable. But as for the reminder and warning that's being shown, OP has to take note of it just in case. Can be exchanged on Bilaxy but has very high slippage. Furthermore, withdrawing money to your ERC20 wallet is charged a very high fee of around $ 50 (corresponding to the number of your tokens). Accordingly, the transaction option on UNISWAP is more optimal and brings high efficiency.
