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United Arab Emirates dirham (AED) to Coin98 (C98) Instantly

Purchase Coin98 (C98) with United Arab Emirates dirham (AED) easily at Switchere and benefit from fast, secure transactions.

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About
Coin98 (C98)

Coin98 (C98) is a comprehensive decentralized finance (DeFi) suite designed to serve as an all-in-one gateway for users to access Web3 applications. Its primary mission is to simplify the often fragmented and complex DeFi landscape, offering a seamless user experience across multiple blockchain networks. By integrating a non-custodial wallet, a decentralized exchange aggregator, and a cross-chain bridge, Coin98 provides the necessary tools for both new and experienced users to navigate the world of digital assets. This integrated approach aims to remove barriers to entry and foster wider adoption of blockchain technology.

The core of the ecosystem is built on three main pillars: Coin98 Wallet, a multi-chain wallet allowing users to store, send, and receive thousands of digital assets across various blockchains; Coin98 Exchange, a liquidity aggregator that routes transactions through multiple DEXs to secure optimal pricing and low slippage for token swaps; and Space Gate, a native cross-chain bridge that enables frictionless asset transfers between different decentralized networks. This powerful combination establishes a robust infrastructure for DeFi activities, from simple transactions to complex yield farming strategies, all within a single, unified interface.

The native C98 token is the backbone of the Coin98 platform, functioning as both a utility and governance token. Its primary use cases include paying for service fees, staking to earn rewards and access exclusive platform privileges, and participating in the protocol’s on-chain governance. Holders of the C98 token can vote on proposals to shape the future development of the ecosystem. As a key digital asset within this multi-chain environment, C98 underpins the platform's tokenomics and incentivizes active participation, positioning Coin98 as a pivotal player in enhancing DeFi interoperability and accessibility.

Coin98 (C98)

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How to Buy Coin98 (C98)

  1. Select currency menu

    Choose AED to C98 Pair

    Select your preferred payment method and enter the amount.

  2. Crypto address page

    Enter Your Coin98 Wallet Address

    Provide your C98 wallet address and proceed with the payment.

  3. Confirmation page

    Receive Your Coin98

    Complete the payment, and your C98 will be sent to your wallet.

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Frequently Asked Questions

  • What exactly is the AED/C98 trading pair?

    The AED/C98 pair represents the exchange rate between the United Arab Emirates Dirham (AED) and the Coin98 token (C98). It allows you to purchase C98, the native utility and governance token of the Coin98 multi-chain DeFi ecosystem, directly using AED as a fiat on-ramp. This pair is crucial for users in the UAE looking to access the services offered by the Coin98 Super App, including its multi-chain wallet and cross-chain swaps.

  • What is the primary utility of the C98 token within its ecosystem?

    The C98 token is a multi-faceted digital asset central to the Coin98 ecosystem. Its primary utilities include: 1) Governance, allowing holders to vote on proposals. 2) Staking, enabling users to earn staking rewards from the network. 3) Platform Fees, where C98 can be used to pay for transaction fees on the Coin98 Exchange and for cross-chain bridge services. 4) Unique Membership Rights, providing tiered benefits within the Coin98 Super App based on the amount of C98 held.

  • Why is a direct AED to C98 fiat on-ramp beneficial for UAE-based users?

    A direct AED/C98 on-ramp provides significant advantages. It eliminates the need for currency conversions to major fiats like USD or EUR first, which saves on conversion fees and simplifies the digital asset purchase process. It offers UAE residents a streamlined gateway to enter the Coin98 DeFi ecosystem, enabling them to easily participate in multi-chain yield farming, staking, and utilize the cross-chain bridge functionalities with their local currency.

  • What are common methods to buy C98 tokens with UAE Dirham?

    To buy C98 with AED, you typically need a regulated cryptocurrency exchange that supports AED deposits. The process usually involves creating an account, completing KYC/AML verification, and then funding your account with AED via a local bank transfer or debit/credit card. Once your account is funded, you can place a buy order on the C98/AED order book to acquire the digital asset. Some platforms might also offer direct purchase options.

  • Are there specific fee structures to consider when transacting AED to C98?

    Yes, several fees apply. First, there may be a deposit fee for funding your exchange account with AED, which varies between bank transfers and card payments. Second, the cryptocurrency exchange will charge a trading fee (often a maker/taker fee) for executing the C98 purchase. Finally, when you withdraw your C98 tokens to a non-custodial wallet like the Coin98 Super App, a network withdrawal fee applies. This fee depends on which blockchain the C98 token is on (e.g., BEP-20, ERC-20, or SPL), as C98 is a multi-chain asset.

  • What are the security best practices after acquiring C98 with AED?

    After purchasing C98 on an exchange, it's crucial to transfer your tokens to a secure, non-custodial wallet where you control the private keys. The Coin98 Super App is a native option for this. Always enable two-factor authentication (2FA) on your exchange account for an extra layer of security. Be wary of phishing scams and only interact with official Coin98 platforms and support channels. Securely backing up your wallet's seed phrase is paramount for long-term digital asset storage.

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