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Thai Baht (THB) to Celer Network (CELR) Instantly

THB THB
CELR CELR
Buy Celer Network (CELR)

Purchase Celer Network (CELR) with Thai Baht (THB) easily at Switchere and benefit from fast, secure transactions.

About
Celer Network (CELR)

Celer Network (CELR) is an advanced layer-2 scaling platform engineered to enable fast, secure, and low-cost blockchain applications, aiming to enhance the usability and scalability of decentralized ecosystems. The project primarily addresses the inherent limitations of base-layer blockchains, such as high transaction fees and low throughput, by facilitating off-chain transaction processing. Celer's core technology stack features its generalized state channel network, alongside the Celer Inter-chain Message (IM) Framework, which empowers developers to build inter-chain-native dApps with efficient liquidity utilization, coherent application logic, and shared states across multiple blockchain technologies. This framework underpins products like cBridge, enabling seamless cross-chain asset transfers and communication.

The native CELR token is integral to the network's operation and tokenomics. It serves as a utility token primarily for staking within the State Guardian Network (SGN), a specialized proof-of-stake (PoS) blockchain that provides security, dispute resolution, and connectivity for Celer's off-chain scaling solutions. CELR holders can also participate in liquidity mining for cBridge and potentially engage in network governance. Celer Network positions itself as a vital piece of Web3 infrastructure, offering a sophisticated solution for achieving high-performance, interoperable dApps and DeFi applications, contributing significantly to a more scalable and interconnected digital asset landscape without compromising cryptographic security.

Celer Network (CELR)

How to Buy Celer Network (CELR)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose THB to CELR Pair

    Select your preferred payment method and enter the amount.

  2. Step 2 illustration
    02

    Enter Your Celer Network Wallet Address

    Provide your CELR wallet address and proceed with the payment.

  3. Step 3 illustration
    03

    Receive Your Celer Network

    Complete the payment, and your CELR will be sent to your wallet.

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Frequently asked questions

  • What is the THB/CELR trading pair and what does it represent?

    The THB/CELR pair represents a direct fiat on-ramp, allowing you to purchase Celer Network's native digital asset, CELR, using Thai Baht. This is significant for users in Thailand wanting to access Celer's Layer-2 scaling platform, which facilitates low-cost, high-speed blockchain transactions and inter-chain messaging across multiple networks.

  • What are the common payment methods to buy CELR with Thai Baht on a cryptocurrency exchange?

    To purchase CELR with THB, most regulated local exchanges in Thailand support direct Thai bank transfers, PromptPay, and QR code payments. These methods are popular due to their speed and low transaction costs. You will typically need to complete a KYC/AML verification process on the exchange before you can deposit fiat currency.

  • What is the utility of the CELR token after acquiring it through a THB transaction?

    Once you own CELR, you can participate in the Celer ecosystem. Its primary utilities include staking CELR within the State Guardian Network (SGN) to secure the network and earn fees, providing liquidity in the Celer cBridge to facilitate cross-chain asset transfers, and paying for service fees within its State Channel Network for high-throughput dApps.

  • What types of fees should I anticipate when executing a THB to CELR transaction?

    There are typically three types of fees. First, a deposit fee for your Thai Baht, which is often low or zero for methods like PromptPay. Second, the exchange's trading fee, which can be a maker or taker fee depending on your order type. Third, a withdrawal fee if you move your CELR tokens to a secure, external digital wallet. This final fee is a blockchain transaction cost, often paid in ETH since CELR is an ERC-20 token.

  • How can I securely store my CELR tokens after purchasing with THB?

    For secure storage, it is highly recommended to move your CELR from the cryptocurrency exchange to a self-custody digital wallet where you control the private keys. Since CELR is primarily an ERC-20 token on Ethereum, you can use any Ethereum-compatible wallet, such as a hardware wallet (e.g., Ledger, Trezor) for maximum security, or a software wallet (e.g., MetaMask, Trust Wallet).
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