Purchase Coin98 (C98) with Singapore Dollar (SGD) 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 SGD/C98 trading pair represents the exchange rate between the Singapore Dollar (SGD) and the C98 token. When you trade this pair, you are using SGD to purchase C98, the native utility and governance token of the Coin98 ecosystem. Coin98 acts as a comprehensive DeFi gateway, offering a multi-chain wallet, DEX aggregator, and cross-chain bridge services through its 'Super App', making the C98 token central to its Web3 platform.
To purchase C98 with SGD, common payment methods include direct bank transfers using services like FAST or PayNow, which are popular in Singapore for their speed and low cost. Some fiat gateways may also accept debit or credit card payments, although these might incur higher processing fees compared to a direct bank transfer.
Yes, since C98 is a multi-chain token (available as BEP-20, ERC-20, etc.), you need a compatible non-custodial wallet. The native Coin98 Wallet is an ideal choice as it supports all versions. Alternatively, other multi-chain wallets that support networks like BNB Chain or Ethereum can be used. Storing C98 in your own digital wallet provides greater security and self-custody over your assets compared to leaving them on an exchange.
You can securely buy C98 with Singapore Dollars (SGD) on centralized cryptocurrency exchanges that offer a direct fiat on-ramp for SGD. It is crucial to select a platform that complies with local regulations, often guided by the Monetary Authority of Singapore (MAS). These exchanges require KYC/AML compliance, which ensures a secure trading environment for your digital asset purchase.
After acquiring C98 tokens, their core utility lies within the Coin98 ecosystem. You can engage in staking C98 to earn rewards, participate in platform governance to vote on proposals, pay for transaction fees on the Coin98 cross-chain bridge, and unlock exclusive features within the Coin98 Super App. This makes C98 an integral part of its DeFi and Web3 services.
The liquidity for a direct SGD/C98 pair might be lower than for major pairs, which could result in higher slippage on large orders. Always check the order book depth on your chosen exchange. Be aware of two main types of fees: the trading fee charged by the platform for executing the order, and any potential deposit fees for funding your account with SGD. Comparing fee structures is vital for an efficient digital asset purchase.