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Peruvian Sol (PEN) to Coin98 (C98) Instantly

Purchase Coin98 (C98) with Peruvian Sol (PEN) 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 PEN 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 PEN/C98 trading pair and what does it represent?

    The PEN/C98 pair represents the exchange rate between Penpie (PEN) and Coin98 (C98). PEN is a yield-boosting governance token within the Pendle Finance ecosystem, managed as a Magpie XYZ sub-DAO. C98 is the native utility token for the Coin98 multi-chain wallet and DeFi gateway. Trading this pair involves swapping these two digital assets, typically on a decentralized exchange (DEX).

  • What are the core utility differences between the PEN and C98 tokens?

    PEN's primary utility is deeply integrated with the Pendle Finance protocol; it's used to boost yields for PENDLE holders and for governance over the Penpie sub-DAO. In contrast, C98 has a broader utility across the entire Coin98 ecosystem. It functions as a governance token, provides staking rewards, and offers tiered benefits within the Coin98 Super App, such as access to launchpads and reduced fees on its cross-chain swap feature.

  • What factors influence the PEN/C98 exchange rate on a DEX?

    The PEN/C98 exchange rate is driven by supply and demand within its specific liquidity pool on a decentralized exchange. Key influencers include: the growth and total value locked (TVL) in the Pendle Finance and Penpie protocols (for PEN), adoption rates and new features in the Coin98 ecosystem (for C98), overall DeFi market sentiment, and the depth of the trading pair's liquidity. Low liquidity can lead to high price slippage during swaps.

  • Where can I swap PEN for C98 on a decentralized exchange?

    Swapping PEN for C98 is done on DEXs that support both tokens on a shared blockchain, such as BNB Chain or Ethereum. You can use a DEX aggregator, potentially within the Coin98 Super App itself, to find the best rate. This process requires connecting a non-custodial wallet (like Coin98 Wallet or MetaMask), selecting the PEN/C98 pair, and executing the swap by interacting with a liquidity pool.

  • What type of digital wallet is required for holding PEN and C98?

    You need a non-custodial, multi-chain wallet that supports the specific blockchain standards for both tokens (e.g., ERC-20 on Ethereum, BEP-20 on BNB Chain). The Coin98 Super App is designed for this, as it can manage various token standards across numerous blockchains. Alternatives like MetaMask or Trust Wallet are also suitable. The most critical aspect is securely managing your own private keys or seed phrase.

  • What are the typical fees for swapping PEN to C98?

    When executing an on-chain swap from PEN to C98, you'll incur two primary fees. First is the blockchain network fee (gas fee), paid in the native currency of the chain (e.g., BNB for BNB Chain). Second is the DEX trading fee, a small percentage (often 0.25%-0.30%) paid to the liquidity providers of the PEN/C98 pool. A DEX aggregator can help find a route that minimizes these combined costs, but they are an inherent part of any on-chain transaction.

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