Purchase Coin98 (C98) with Bulgarian Lev (BGN) easily at Switchere and benefit from fast, secure transactions.
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.
The BGN/C98 pair represents the exchange rate between the Bulgarian Lev (BGN), a fiat currency, and the Coin98 (C98) digital asset. It allows you to purchase C98 tokens, the native utility and governance token of the Coin98 multi-chain DeFi gateway, directly using Bulgarian Lev.
The C98 token is central to the Coin98 Super App, a comprehensive DeFi gateway. Its primary utility includes staking for rewards, participating in platform governance, and unlocking premium features. Holding C98 provides access to the platform's cross-chain bridge and multi-chain DeFi services.
Several fees can apply. First, the fiat gateway may charge a deposit fee for your BGN transfer. Second, the exchange will have a trading fee for executing the buy order. Finally, when you withdraw your C98 to a personal wallet, you will pay a blockchain transaction fee, which varies depending on the network (e.g., gas fees on Ethereum).
To buy C98 with BGN, you typically use a regulated cryptocurrency exchange that serves as a fiat on-ramp. Common payment methods from Bulgaria include SEPA transfers, bank wire transfers, and credit/debit card purchases. These platforms require KYC/AML compliance for secure trading.
Since C98 exists on multiple blockchains (like Ethereum as ERC-20, BNB Chain as BEP-20, and Solana as SPL), you need a multi-chain compatible digital wallet. The native Coin98 Wallet is an ideal choice, but other wallets that support these standards also work. Always prioritize secure storage of your private keys.
A direct BGN/C98 fiat on-ramp is beneficial because it provides a straightforward entry point from the local Bulgarian currency into the advanced world of cross-chain DeFi. It eliminates the need for intermediate conversions to EUR or USD, potentially reducing fees and simplifying access to the Coin98 ecosystem for yield farming and token staking.