Purchase Coin98 (C98) with Czech Koruna (CZK) 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.
Since direct CZK/C98 trading pairs are rare, the most common method involves a two-step process on a major cryptocurrency exchange. Users typically use a Czech bank transfer to deposit CZK, convert it to a major cryptocurrency like USDT or BTC, and then trade that asset for C98. This process serves as a fiat on-ramp, but always check for KYC/AML compliance on the chosen platform.
The total cost involves several fees: a deposit fee for your CZK bank transfer (if any), a currency conversion fee if the platform doesn't directly support CZK, a trading fee on the exchange for the C98 purchase, and finally a network withdrawal fee. Since C98 exists on multiple chains (like BEP-20 and ERC-20), the withdrawal fee will depend on the network congestion of the blockchain you choose to withdraw to.
Yes, any fiat on-ramp operating in the Czech Republic must comply with EU-wide Anti-Money Laundering (AML) directives and local regulations overseen by the Czech National Bank (CNB). This means you will almost certainly need to complete a Know Your Customer (KYC) identity verification process when using a Czech bank transfer to purchase digital assets on a regulated cryptocurrency exchange.
Coin98 serves as a comprehensive DeFi gateway, aiming to simplify the user experience across multiple blockchains. Its core products include a non-custodial multi-chain wallet, a dApp browser, a decentralized exchange (DEX) aggregator, and a cross-chain bridge called Space Gate. The C98 token is the native utility token of the ecosystem, used for staking, governance, and accessing exclusive features on the Coin98 Launchpad.
For optimal security, it's recommended to move your C98 tokens from the exchange to a non-custodial digital wallet where you control the private keys. The native Coin98 Wallet is a prime choice as it supports the C98 token on all its native blockchains. For long-term holding or large amounts, consider a hardware wallet (cold storage) for the highest level of security against online threats.
Staking C98 tokens within the Coin98 ecosystem provides several benefits. Holders can earn staking rewards, which are distributed from a portion of the platform's revenue. Additionally, staking C98 grants users tiered access to exclusive events and features, most notably participation rights in new project launches on the Coin98 Launchpad, providing a direct utility beyond simple yield farming.