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Nigerian Naira (NGN) to Coin98 (C98) Instantly

Purchase Coin98 (C98) with Nigerian Naira (NGN) 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 NGN 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 NGN/C98 trading pair and why is it important for users in Nigeria?

    The NGN/C98 pair allows for the direct conversion between the Nigerian Naira and the Coin98 token. It's a crucial fiat on-ramp for Nigerian users wanting to access the Coin98 ecosystem, a comprehensive DeFi gateway. This enables them to acquire the C98 token for staking, governance, or using the Coin98 Super App's cross-chain bridge and dApp browser features without first converting NGN to another major currency.

  • What specific utilities does the C98 token offer within its ecosystem?

    The C98 token is the native utility asset of the Coin98 ecosystem. Its primary functions include governance, allowing holders to vote on protocol changes; staking to earn rewards; and paying for services within the Coin98 Super App. It is also used for cross-chain swaps via the Space Gate bridge and accessing tiered benefits on their launchpad platform.

  • How can I securely store my C98 tokens after purchasing them with NGN?

    After your NGN to C98 purchase, secure storage is critical. While you can leave them on the exchange, for enhanced security, transfer them to a non-custodial wallet where you control the private keys. The native Coin98 Super App functions as a secure multi-chain wallet that supports C98. Always back up your seed phrase and never share your private keys to maintain full self-custody of your digital asset.

  • What are the common methods for buying C98 with Nigerian Naira (NGN)?

    Due to banking regulations in Nigeria, the most prevalent method is through peer-to-peer (P2P) markets on major cryptocurrency exchanges. Users complete a KYC/AML verification, find a vendor selling C98, and pay them directly via Nigerian bank transfer. The exchange holds the C98 in escrow and releases it to the buyer's digital wallet upon payment confirmation, ensuring a secure transaction.

  • What should I consider regarding liquidity and fees when trading NGN for C98?

    When trading NGN for C98, primarily on P2P platforms, liquidity can vary. Check the depth of the order book to ensure fair pricing. Fees typically include a small P2P platform fee. Once you acquire C98, be mindful of blockchain network fees (gas) if you move the tokens to a self-custody multi-chain wallet or use features like the internal token swap, which may have its own service fee.

  • Does using the dApp browser within the Coin98 ecosystem affect my C98 holdings?

    Using the integrated dApp browser within the Coin98 DeFi gateway does not directly affect your C98 holdings unless you authorize a transaction. When you interact with a dApp, you might use C98 to pay transaction fees or provide it as liquidity via a smart contract. Always verify the dApp's authenticity before connecting your wallet and approving any transaction to protect your digital assets.

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