Purchase Coin98 (C98) with Pound sterling (GBP) 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 GBP/C98 pair indicates the exchange rate between the British Pound Sterling (GBP), a major fiat currency, and the Coin98 (C98) token. C98 is the native utility token for the Coin98 cross-chain DeFi ecosystem, powering features within the Coin98 Super App, including governance participation, staking rewards, and unique membership rights.
A direct GBP/C98 gateway simplifies the process, allowing UK residents to enter the Coin98 decentralized finance aggregator with their local currency. This avoids multiple conversion fees (e.g., GBP to USD/EUR, then to C98) and provides a clear entry point into Coin98's cross-chain ecosystem, which supports both EVM and non-EVM compatible chains, directly from a sterling-funded account.
The C98 token serves multiple key functions in 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) Unique Membership Rights, where holding C98 grants tiered benefits and access to exclusive features within the Coin98 Super App and other platform products.
To buy C98 with GBP, you typically use a regulated cryptocurrency exchange that serves UK customers. Common fiat on-ramp methods include UK Faster Payments Service, CHAPS, or debit/credit card purchases. You will need to complete a KYC/AML (Know Your Customer/Anti-Money Laundering) verification process before depositing sterling and placing an order on the GBP/C98 order book.
The C98 token exists on multiple blockchains as different token standards (ERC-20 on Ethereum, BEP-20 on BNB Chain, etc.). When withdrawing from an exchange, you must select the correct network that corresponds to your destination wallet, such as the Coin98 Wallet. Choosing a network with lower fees, like BNB Chain, can reduce transaction costs compared to Ethereum, but you must ensure your receiving wallet supports that specific blockchain network.
Once your C98 digital asset is in a self-custody wallet like the Coin98 Wallet, security is your responsibility. The most critical measure is to secure your seed phrase (recovery phrase). Write it down, store it offline in multiple secure locations, and never share it or enter it on a website. Also, be wary of phishing scams and only interact with official DeFi protocols through trusted interfaces.