Purchase Coin98 (C98) with New Zealand Dollar (NZD) 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 the C98 digital asset with NZD, you typically need a cryptocurrency exchange that acts as a fiat on-ramp for New Zealand residents. Common methods include using a debit/credit card, POLi payments, or a direct New Zealand bank transfer to fund your account. After completing KYC/AML compliance, you can execute a spot trade for C98, either directly if an NZD/C98 pair exists, or by first buying a major cryptocurrency like USDT and then swapping it for C98.
A direct NZD/C98 trading pair is relatively rare due to lower trading volume compared to major pairs. Most exchanges with an NZD fiat gateway will require you to first purchase a more liquid base currency, such as Bitcoin (BTC) or Tether (USDT), with your NZD. You would then navigate to the BTC/C98 or USDT/C98 order book to complete the final blockchain transaction for C98.
There are typically three types of fees: 1) Deposit Fees for your NZD, which vary by method (card payments are often higher than New Zealand bank transfers). 2) Trading Fees, which are a small percentage charged by the exchange on your C98 purchase. 3) Withdrawal Fees, which are blockchain network fees paid to transfer your C98 from the exchange to your private digital wallet. Staking C98 in the Coin98 ecosystem can sometimes offer reduced trading fees.
The C98 token is the native utility and governance token for the Coin98 platform, often called the Coin98 Super App. Its primary functions include platform service fees, staking C98 for rewards and launchpad allocation, and governance rights, allowing holders to vote on proposals. It serves as a DeFi gateway, powering features like the multi-chain wallet and cross-chain swaps within the ecosystem.
For secure storage, it's highly recommended to move your C98 tokens from the exchange to a non-custodial, multi-chain wallet. The native Coin98 Super App is an ideal choice as it's specifically designed to support the C98 token on all its native blockchains (e.g., ERC-20, BEP-20, SPL). This gives you full control over your private keys and allows you to easily interact with DeFi applications and cross-chain swap features.
Coin98's core strength is its cross-chain capability, acting as a comprehensive DeFi gateway. For a C98 holder, this means you can use their native DApp browser and Space Gate bridge to seamlessly swap assets across different blockchains (like Ethereum, BNB Chain, and Solana). This eliminates the need for multiple wallets and complex bridging procedures, allowing for easier participation in yield farming and other DeFi activities on various networks, all managed within the Coin98 Super App.