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Convert
Peruvian Sol (PEN) to CTC (CTC) Instantly

PEN PEN
CTC CTC
Buy CTC (CTC)

Purchase CTC (CTC) with Peruvian Sol (PEN) easily at Switchere and benefit from fast, secure transactions.

About
CTC (CTC)

Creditcoin (CTC) is a foundational blockchain technology designed to address a critical gap in the global financial system: the lack of a universal, transparent credit history. Its primary objective is to create a decentralized network for a borderless credit market, specifically targeting the unbanked and underbanked populations. By recording loan performance on a public digital ledger, Creditcoin provides a mechanism for individuals and businesses to build a verifiable, on-chain credit history. This digital asset aims to bridge the divide between traditional finance and DeFi applications, fostering greater financial inclusion by making credit more accessible and transparent across the globe through its innovative Web3 infrastructure.

The core of the Creditcoin protocol involves linking real-world, off-chain loan agreements to its immutable blockchain. This process creates objective proof of creditworthiness that is not controlled by any single entity. The native utility token, CTC, is integral to the ecosystem's operation. It is used to pay for transaction fees required to record credit transactions, such as loan requests and repayments, on the chain. Furthermore, CTC can be utilized for staking to enhance the cryptographic security of the network. This unique approach to integrating real-world assets (RWA) in the form of private credit establishes a foundational layer for on-chain reputation and new financial products.

CTC (CTC)

How to Buy CTC (CTC)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose PEN to CTC Pair

    Select your preferred payment method and enter the amount.

  2. Step 2 illustration
    02

    Enter Your CTC Wallet Address

    Provide your CTC wallet address and proceed with the payment.

  3. Step 3 illustration
    03

    Receive Your CTC

    Complete the payment, and your CTC will be sent to your wallet.

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IMX
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INJ
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LQTY
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LPT
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LRC
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ALICE
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SKL
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SXP
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STND
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STG
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XLM
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USDTNEAR
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USDTXTZ
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USDTTRC20
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USDTTON
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XTZ
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GRT
PEN
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SAND
PEN
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TFUEL
PEN
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THETA
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RUNE
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TONCOIN
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TUSDBSC
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TUSDTRX
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TWT
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UMA
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UNI
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Frequently asked questions

  • What exactly is the PEN to CTC trading pair?

    The PEN to CTC pair represents the exchange rate between the Peruvian Sol (PEN) and Creditcoin (CTC). It allows users to perform a digital asset purchase, using Peru's fiat currency as a direct fiat on-ramp to acquire CTC, a public blockchain designed to create a global credit system by recording real-world asset (RWA) credit transactions.

  • What are the common methods to buy Creditcoin (CTC) with PEN?

    To buy CTC with PEN, you typically need a cryptocurrency exchange that supports Peruvian fiat deposits. Common methods include direct bank transfers from Peruvian banks like BCP or Interbank, and potentially local payment systems. Once your PEN is deposited, you can place an order on the CTC/PEN order book to execute the trade and receive the CTC in your digital wallet.

  • What is the strategic importance of Creditcoin's network for users in Peru?

    For users in Peru, Creditcoin offers a gateway to a decentralized credit infrastructure. Its core function is to immutably record credit history on its Proof-of-Work blockchain, potentially enabling fintech integration and providing access to credit for the unbanked. Acquiring CTC with PEN allows direct participation in this ecosystem focused on tokenizing real-world credit assets (RWA).

  • Are there specific KYC/AML compliance rules for PEN to CTC transactions?

    Yes. Any regulated cryptocurrency exchange that provides a PEN fiat on-ramp will enforce strict KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures. This is a standard for secure trading and is required by Peruvian financial authorities. Users must typically verify their identity with government-issued documents before they can deposit PEN and trade for digital assets like CTC.

  • What kind of fees can I expect when trading PEN for CTC?

    There are typically three types of fees: 1) Deposit fees for adding PEN to the exchange, which can vary based on the payment method. 2) Trading fees, usually a small percentage of the transaction value, which can differ for market makers and takers. 3) Withdrawal fees for moving your CTC from the exchange to a private, non-custodial wallet, which covers the blockchain transaction cost.
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