Purchase Coin98 (C98) with Morocco Dirham (MAD) 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 MAD/C98 pair represents the exchange rate between the Moroccan Dirham (MAD) and the Coin98 (C98) token. Its significance lies in providing a direct fiat on-ramp for users in Morocco to access the Coin98 ecosystem, a multi-chain DeFi gateway. This allows them to acquire the C98 utility token, which is integral for staking, governance, and accessing services within the Coin98 Super App and its cross-chain bridge capabilities.
The C98 token is a multi-faceted utility token. Its primary uses include: 1) Staking C98 to receive rewards and unlock tiered benefits. 2) Governance, allowing holders to vote on protocol changes. 3) Paying for transaction fees on the platform's native multi-chain DEX aggregator. 4) Gaining access to exclusive token launch events hosted within the Coin98 Super App.
When converting MAD to C98, several fees can apply. On a P2P platform, the vendor's exchange rate will include a small margin. The exchange itself may charge a transaction or escrow fee. Finally, when you withdraw your C98 to a personal digital wallet, you will pay a blockchain network fee, which varies depending on the network (e.g., Ethereum gas fees for ERC-20 C98 or BNB Chain fees for BEP-20 C98).
Due to local regulations in Morocco, the most common method to buy a digital asset like C98 with MAD is through peer-to-peer (P2P) platforms on major cryptocurrency exchanges. Users can often find vendors willing to accept Moroccan bank transfers. Direct purchases via debit/credit cards from exchanges may be restricted. On any platform, ensure you complete KYC/AML compliance for secure trading.
The most integrated solution is the native Coin98 Super App, which functions as a non-custodial digital wallet. It provides seamless access to the entire C98 ecosystem and supports the multi-chain nature of the token (e.g., ERC-20, BEP-20). Alternatively, any reputable non-custodial wallet that supports these blockchain standards can be used. Always ensure you securely back up your private keys or seed phrase.
After using MAD to get into the crypto ecosystem, the Coin98 multi-chain DEX aggregator becomes a powerful tool. It automatically sources liquidity from various decentralized exchanges across different blockchains (like Ethereum, BNB Chain, Solana). This ensures the user gets the best possible swap rates for their C98 or other assets without needing to manually check multiple platforms, saving time and optimizing their digital asset management.