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Egyptian pound (EGP) to CTC (CTC) Instantly

Purchase CTC (CTC) with Egyptian pound (EGP) easily at Switchere and benefit from fast, secure transactions.

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About
CTC (CTC)

Creditcoin (CTC) is a foundational blockchain technology designed to address a critical gap in the global financial system: the lack of a universal, transparent credit history. Its primary objective is to create a decentralized network for a borderless credit market, specifically targeting the unbanked and underbanked populations. By recording loan performance on a public digital ledger, Creditcoin provides a mechanism for individuals and businesses to build a verifiable, on-chain credit history. This digital asset aims to bridge the divide between traditional finance and DeFi applications, fostering greater financial inclusion by making credit more accessible and transparent across the globe through its innovative Web3 infrastructure.

The core of the Creditcoin protocol involves linking real-world, off-chain loan agreements to its immutable blockchain. This process creates objective proof of creditworthiness that is not controlled by any single entity. The native utility token, CTC, is integral to the ecosystem's operation. It is used to pay for transaction fees required to record credit transactions, such as loan requests and repayments, on the chain. Furthermore, CTC can be utilized for staking to enhance the cryptographic security of the network. This unique approach to integrating real-world assets (RWA) in the form of private credit establishes a foundational layer for on-chain reputation and new financial products.

CTC (CTC)

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How to Buy CTC (CTC)

  1. Select currency menu

    Choose EGP to CTC Pair

    Select your preferred payment method and enter the amount.

  2. Crypto address page

    Enter Your CTC Wallet Address

    Provide your CTC wallet address and proceed with the payment.

  3. Confirmation page

    Receive Your CTC

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

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Frequently Asked Questions

  • What exactly is the EGP/CTC trading pair and what does it represent?

    The EGP/CTC pair represents a direct fiat on-ramp allowing users to purchase the Creditcoin (CTC) digital asset using the Egyptian Pound (EGP). This enables participation in Creditcoin's decentralized finance (DeFi) ecosystem, which focuses on creating a public ledger of credit history by recording real-world asset (RWA) loan performance on its blockchain.

  • Why use EGP to buy CTC directly instead of converting to USD first?

    Using a direct EGP/CTC pair simplifies the process and can reduce costs. It eliminates the need for an intermediate currency conversion (e.g., EGP to USD), which often incurs extra foreign exchange fees. This provides a more streamlined fiat on-ramp for users in Egypt to access Creditcoin's on-chain credit history protocol and its associated lending applications.

  • What are the typical fees for an EGP to CTC transaction?

    Fees for an EGP/CTC transaction can be broken down into three parts: 1) A deposit fee for funding your exchange account with EGP, which varies by payment method (e.g., Vodafone Cash vs. bank transfer). 2) A trading fee on the cryptocurrency exchange, often a small percentage of the trade value. 3) A network withdrawal fee to move your purchased CTC from the exchange to your personal digital wallet, which is set by the exchange.

  • What are common payment methods in Egypt for purchasing CTC?

    To buy CTC with EGP, users typically rely on cryptocurrency exchanges that support local payment methods. Common options include direct bank transfers from Egyptian banks, mobile money services like Vodafone Cash, and payment gateways such as Fawry. All reputable platforms will require KYC/AML compliance before processing a fiat-to-crypto transaction.

  • What technical aspect of Creditcoin is relevant for EGP investors?

    For EGP investors, a key technical feature is Creditcoin's role as a Real-World Asset (RWA) blockchain. It doesn't process loans itself but serves as an immutable ledger to record loan performance from partner platforms like Gluwa. This focus on bridging traditional credit in emerging markets with DeFi through a transparent, on-chain credit history is its core value proposition.

  • How should I securely store my Creditcoin (CTC) after a successful EGP purchase?

    After purchasing CTC on a cryptocurrency exchange, it is a crucial security practice to transfer your digital assets to a non-custodial wallet. This means a wallet where you, and only you, control the private keys. For long-term holding, a hardware wallet (cold storage) offers the highest level of security against online threats. Never share your private keys or seed phrase with anyone.

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