Purchase Coin98 (C98) with Polish Zloty (PLN) 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.
The most common method is using a cryptocurrency exchange that offers a direct PLN/C98 trading pair or a PLN fiat on-ramp. Users typically deposit PLN via local payment methods like BLIK, Przelewy24, or standard Elixir bank transfers. After completing KYC/AML verification, you can execute a trade to acquire the C98 digital asset and then transfer it to a secure wallet like the Coin98 Wallet for self-custody.
Standard digital asset security practices apply. Use reputable cryptocurrency exchanges that have robust security measures and are compliant with Polish regulations. Always enable two-factor authentication (2FA) on your account. After purchasing, it's highly recommended to withdraw your C98 tokens from the exchange to a non-custodial wallet, such as the Coin98 Wallet, where you control the private keys. This minimizes the risk of loss from a potential exchange hack.
Using a direct PLN/C98 pair offers two main advantages: cost efficiency and simplicity. It eliminates the need for a double conversion (PLN to EUR/USD, then EUR/USD to C98), which avoids incurring two sets of transaction fees and potential losses from currency exchange rate spreads. This provides a more direct and often cheaper fiat gateway into the Coin98 multi-chain ecosystem for users whose primary currency is the Polish Złoty.
The C98 token is the native utility token of the Coin98 ecosystem, a multi-chain DeFi gateway. Its primary functions include governance rights, paying for transaction fees within the Coin98 Super App, and eligibility for tiered platform benefits. You can also engage in staking C98 to earn rewards and gain access to exclusive features, effectively using your PLN purchase to participate in a comprehensive multi-chain finance environment.
There are several potential fees: a deposit fee for your PLN (often lower for Elixir transfers than for debit cards), a trading fee on the exchange (which can be a flat fee or a percentage based on the order book), and a network withdrawal fee when you move your C98 off the platform. It's crucial to review the fee schedule of your chosen fiat on-ramp exchange to understand the total cost of your digital asset purchase.
After acquiring C98, the Coin98 Super App acts as an all-in-one DeFi gateway. You can store your C98 and other digital assets in its multi-chain wallet, use the built-in DEX aggregator to swap tokens across numerous blockchains, and interact with various decentralized applications (dApps). It essentially turns your initial fiat-to-crypto transaction into a launchpad for exploring the entire multi-chain DeFi landscape from a single, integrated platform.