Convert
Israeli New Shekel (ILS) to Coin98 (C98) Instantly
Purchase Coin98 (C98) with Israeli New Shekel (ILS) easily at Switchere and benefit from fast, secure transactions.
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.
How to Buy Coin98 (C98)
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Frequently asked questions
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What is the best way to buy Coin98 (C98) with Israeli Shekel (ILS)?
The most common method is to use a centralized cryptocurrency exchange that serves as a fiat on-ramp for ILS. You'll need to complete KYC/AML compliance, deposit ILS via an Israeli Shekel bank transfer or credit card, and then trade it for C98. If a direct ILS/C98 pair is unavailable, you can trade ILS for a stablecoin like USDT first, then use that to purchase C98, the utility token for the Coin98 cross-chain DeFi suite. -
What is the core utility of the C98 token within its ecosystem?
C98 is a multi-functional governance and utility token. Its primary uses include paying for transaction fees within the Coin98 Exchange, staking C98 to receive rewards and participate in the token launchpad, and governing the protocol's development. It's integral to the Coin98 Wallet and Space Gate, enabling seamless multichain support and access to cross-chain DeFi yield farming opportunities. -
Are there any specific considerations for ILS deposits on crypto exchanges?
Yes, when depositing Israeli Shekel (ILS), processing times and fees can vary. Bank transfers from institutions like Bank Hapoalim or Bank Leumi are common but may take 1-3 business days. Credit card purchases are faster but often incur higher fees. Always verify that the cryptocurrency exchange explicitly supports ILS deposits and check their fee structure. Also, ensure the platform adheres to local Israeli financial regulations for secure trading. -
How does acquiring C98 with ILS facilitate cross-chain activities?
Purchasing C98 with ILS is the first step into the Coin98 multichain ecosystem. Once you hold C98 in a digital wallet like the Coin98 Wallet, you can use their native 'Space Gate' cross-chain bridge to transfer assets between different blockchains (e.g., Ethereum, BNB Chain, Solana). This provides direct fiat access to a powerful tool for exploring DeFi opportunities across multiple networks without needing separate on-ramps for each. -
What are the typical fees when converting ILS to C98?
Expect a multi-layered fee structure. First, there's a deposit fee for your ILS, which varies by method (bank transfers are often cheaper than credit cards). Second, the cryptocurrency exchange will charge a trading fee (usually a small percentage of the trade value) for the ILS-to-crypto transaction. Finally, if you withdraw your C98 tokens to an external digital wallet, you will pay a network withdrawal fee, which depends on the blockchain C98 is being sent on (e.g., BEP-20, ERC-20).
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