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Convert
Georgian Lari (GEL) to Coin98 (C98) Instantly

Purchase Coin98 (C98) with Georgian Lari (GEL) 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 GEL 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 is the GEL/C98 trading pair and its significance for users in Georgia?

    The GEL/C98 pair represents the exchange rate between the Georgian Lari (GEL) and the Coin98 (C98) token. Its significance lies in providing a direct fiat on-ramp for Georgian residents to access the Coin98 ecosystem, a comprehensive DeFi gateway. This allows users to convert their local currency into C98, which serves as a utility token within the Coin98 Super App for activities like yield farming, staking, and accessing a multi-chain wallet and DEX aggregator.

  • What are the key features of the Coin98 ecosystem I can access after a GEL conversion?

    After converting GEL to C98, you unlock the full suite of tools in the Coin98 Super App. This includes a non-custodial multi-chain wallet for managing assets across dozens of blockchains, a built-in DEX aggregator to find the best swap rates, and the Space Gate cross-chain bridge for seamless token transfers. Additionally, holding C98 tokens can grant you tiered access to their launchpad for new projects and opportunities for staking C98 to earn rewards.

  • What kind of digital wallet do I need to store C98 tokens securely?

    To securely store C98, you need a wallet that supports the blockchain it's on (e.g., BEP-20 for BNB Chain, ERC-20 for Ethereum). The most recommended option is the native Coin98 Super App, which is a non-custodial, multi-chain wallet designed specifically for the ecosystem. It provides the best integration for staking and using DeFi features. Alternatively, other popular multi-chain wallets like Trust Wallet or MetaMask can also securely hold your C98 tokens, but you must ensure you are on the correct network.

  • What is the most common process for buying C98 with Georgian Lari?

    Since a direct GEL/C98 pair is uncommon on major cryptocurrency exchanges, the typical process involves multiple steps. First, a user would use a local Georgian exchange or a P2P platform that accepts GEL deposits via bank transfer to buy a major digital asset like Bitcoin (BTC) or Tether (USDT). Second, they would transfer this asset to a global exchange with high C98 trading volume. Finally, they execute a trade from BTC or USDT to C98 on that platform's order book.

  • Are there specific KYC/AML requirements when using Georgian Lari for a digital asset purchase?

    Yes, any reputable fiat on-ramp or cryptocurrency exchange that accepts GEL deposits will enforce strict KYC/AML (Know Your Customer/Anti-Money Laundering) compliance. Users will be required to provide government-issued identification, proof of address, and sometimes a selfie for verification. This is a standard security measure to prevent illicit activities and ensure a secure trading environment for all participants.

  • What are the potential fees involved when converting GEL into C98?

    The conversion process from GEL to C98 typically incurs several types of fees. First, there may be a GEL deposit fee on the initial platform. Second, you'll pay a trading fee when you buy an intermediate asset like USDT. Third, a blockchain network fee is required to withdraw that USDT and send it to the second exchange. Finally, you will pay another trading fee on the second exchange to convert USDT to C98. Always check the fee schedules of the platforms you use to manage your crypto portfolio costs effectively.

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