Purchase Coin98 (C98) with Indonesian Rupiah (IDR) 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 IDR/C98 pair allows users to directly purchase C98 tokens, the native utility token of the Coin98 ecosystem, using Indonesian Rupiah (IDR). Its importance lies in providing a direct fiat on-ramp for Indonesian users into a comprehensive DeFi gateway. This enables access to the Coin98 Super App's multi-chain wallet, cross-chain bridges, and other decentralized finance services without needing to first buy another major digital asset.
The C98 token is a multi-functional governance and utility token. Its primary utilities include: governance rights to vote on protocol changes, staking C98 to earn rewards, tiered benefits within the Coin98 Super App (like reduced fees), and access to exclusive features. As a multi-chain token (BEP-20, ERC-20, SPL), it also facilitates interaction with yield farming and DeFi protocols across numerous blockchains via the app's integrated tools.
For secure trading practices, it is highly recommended to move your C98 tokens from the exchange to a self-custody digital wallet. The native Coin98 Super App wallet is an excellent choice as it's specifically designed to manage the multi-chain C98 token. Alternatively, hardware wallets that support BEP-20 and ERC-20 standards offer the highest level of security. Always ensure you securely back up your private keys or seed phrase and never share them.
On local Indonesian exchanges, which are often regulated by BAPPEBTI, the most common methods to deposit IDR for a C98 digital asset purchase include direct bank transfers and popular e-wallets like OVO, GoPay, or DANA. Users must typically complete KYC/AML compliance checks before they can link their bank account or e-wallet to fund their trading account with Rupiah.
When executing an IDR/C98 transaction, anticipate several potential fees. First, there may be a deposit fee for funding your account with IDR via bank transfer or e-wallet. Second, the cryptocurrency exchange will charge a trading fee (often a maker/taker model) on the order book. Finally, when moving your C98 to a secure digital wallet, you'll incur a blockchain transaction withdrawal fee, which will vary depending on the network you choose for withdrawal (e.g., BNB Chain's BEP-20 vs. Ethereum's ERC-20).
Yes, absolutely. The IDR/C98 trading pair acts as a direct entry point. Once you hold C98 tokens, you can use the Coin98 Super App, which functions as a DeFi gateway, to access its integrated cross-chain bridge and DEX aggregators. This allows you to seamlessly swap your C98 or other assets across different blockchain networks (like BNB Chain, Ethereum, Solana) and participate in a wide array of yield farming and DeFi protocols, effectively bridging your Indonesian Rupiah to the global multi-chain ecosystem.