Purchase Coin98 (C98) with Malaysian Ringgit (MYR) 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.
To buy C98 with MYR, you typically need to use a regulated cryptocurrency exchange that serves Malaysia. The process involves creating an account, completing KYC/AML compliance, and then using a fiat on-ramp to deposit Malaysian Ringgit via methods like FPX or bank transfer. Once your MYR is in your account, you can place an order on the MYR/C98 trading pair to purchase the digital asset and store it in your digital wallet.
For MYR to C98 transactions, the most common payment methods on Malaysian-focused cryptocurrency exchanges are FPX online banking and direct bank transfers. These methods are preferred for their security and integration with local Malaysian banks, ensuring a compliant and straightforward digital asset purchase.
When converting MYR to C98, be mindful of trading fees, MYR deposit fees, and C98 withdrawal fees on the exchange. For secure trading, always enable two-factor authentication (2FA) on your account. After purchasing, consider moving your C98 tokens to a personal, non-custodial multi-chain wallet, like the Coin98 Super App, to have full control over your digital assets.
Coin98 (C98) is the utility and governance token of the Coin98 ecosystem, which aims to be a leading DeFi gateway. The platform offers a multi-chain wallet, a native exchange, and a cross-chain bridge called Space Gate. The C98 token is used for platform service fees, staking rewards, and participating in governance to shape the future of the Coin98 Super App.
A direct MYR/C98 trading pair offers significant advantages for Malaysian investors. It provides direct access to the Coin98 DeFi gateway without first needing to convert MYR into another currency like USD or BTC. This simplifies the blockchain transaction process, reduces potential conversion fees, and improves liquidity for users looking to engage with Coin98's multi-chain wallet and yield farming opportunities.
Yes, a key utility of the C98 token is participation in the ecosystem. You can use your C98 tokens for staking to earn rewards and contribute to network security. Additionally, as a governance token, holding C98 allows you to vote on proposals that influence the development and direction of the Coin98 DeFi platform and its features.