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Bitvavo makes Coin98 as easy as possible. Here are answers to common questions to help you make your first steps in the world of digital assets.
Coin98 (C98) is an all-in-one solution for users seeking access to a range of blockchain functionalities without needing to switch between ecosystems. The platform strives for seamless and efficient access to decentralized financial (DeFi) services. Supporting over 90 networks, both EVM and non-EVM chains, Coin98 provides a wide range of options for managing, storing, and trading digital assets.
One of the core products is the Coin98 Super Wallet, an advanced multi-chain wallet that allows users to easily and securely manage digital assets and NFTs. The platform provides access to a built-in decentralized exchange (DEX), a cross-chain bridge, and a dApp browser, enabling users to leverage a wide range of DeFi services within a single ecosystem.
The project is notable thanks to making cross-chain liquidity accessible. With technologies like SpaceGate, an advanced cross-chain bridge, users can transfer cryptocurrencies and tokens across various blockchains. This eliminates many of the complex operations traditionally associated with DeFi usage.
The Coin98 ecosystem extends beyond ease of use. The platform also provides advanced developer support through Coin98 Labs, which focuses on developing new DeFi solutions, and Coin98 Ventures, which supports start-ups in the blockchain sector. With these initiatives, Coin98 aims to facilitate access to DeFi for a global audience and contribute to the growth of the blockchain ecosystem.
The native token of Coin98, C98, plays a central role within the ecosystem. C98 can be used for staking, earning rewards, and obtaining discounts on services. It also offers governance capabilities, allowing holders to influence the future development of the project. Additionally, Coin98 provides unique features such as a bulk send function and multisend options for both tokens and NFTs.
Coin98 was founded by Vietnamese developers Le Thanh and Vinh The Nguyen, two pioneers with extensive experience in blockchain startups. Their vision was to create a comprehensive ecosystem that provides users access to decentralized financial services and blockchain technology. Under their leadership, Coin98 has evolved into a leading DeFi platform with global reach.
The company is supported by a team of professionals with expertise in blockchain development, finance, and technology. Coin98 has secured significant funding, with contributions from investors such as ParaFi Capital, Multicoin Capital, and Alameda Research. This solid foundation has helped the project evolve into a major player in the DeFi sector.
Coin98 offers a wide range of applications for both users and developers. Here are some of the key features:
Coin98 (C98) is designed as an all-encompassing ecosystem to simplify and enhance the accessibility of blockchain usage. The platform integrates multiple features and technologies that support both beginners and advanced users.
One of the key innovations of Coin98 is SpaceGate, a sophisticated cross-chain bridge. This technology allows assets to move seamlessly between different blockchains, including Ethereum, Binance Smart Chain, and Solana. This eliminates traditional barriers between networks and provides users with greater flexibility and efficiency in managing their digital assets.
The Coin98 Super Wallet is a central hub within the ecosystem. This wallet supports over 90 blockchains, including both EVM and non-EVM networks, and offers a secure and user-friendly interface. Users can not only store and manage tokens but also trade NFTs directly, perform cross-chain swaps, and access decentralized applications (dApps). The wallet is designed to integrate all necessary features within a single platform.
Coin98 also offers staking options for its native token, C98. Users can stake their tokens on blockchains such as Ethereum and Binance Smart Chain and receive rewards in the form of additional tokens. This allows users to generate passive income while supporting the network. Additionally, exclusive NFTs are awarded to stakers as proof of their participation, providing an extra incentive.
Security is central at Coin98. Features like Wallet Approval help users protect their tokens from unwanted actions, while Clear Clipboard prevents sensitive data such as wallet addresses from being accessed by other applications. Additionally, Coin98 optimizes transaction costs by identifying the most efficient routes for transactions.
Through Coin98 Labs and Coin98 Ventures, the platform drives innovation in the DeFi sector. Developers gain access to tools and funding to build new blockchain solutions. Consequently, Coin98 is not only a user-friendly tool for consumers but also an ecosystem that promotes industry development.
The C98 token is the native utility token of the Coin98 ecosystem and is used for various functions, such as paying transaction fees, staking for rewards, and participating in the governance process. Users with C98 tokens can vote on proposals that determine the future development of the platform, giving them direct influence over the ecosystem.
In addition, the Coin98 token offers special benefits, such as discounts on platform services and exclusive access to certain features, like participating in token sales through the Launchpad. C98 tokens also serve as rewards for staking, allowing users to generate extra income while contributing to the network's security.
The total maximum supply of C98 tokens is 1 billion, with a large portion already in circulation. This limited supply creates scarcity and supports the token's long-term value. The token is available on multiple blockchains, including Ethereum, Binance Smart Chain, and Solana.
Coin98 distinguishes itself from other blockchain projects through innovative technologies and unique functionalities that make the platform a leading player in the DeFi sector. Here are five features that make Coin98 unique:
Purchasing Coin98 (C98) is possible through Bitvavo. Our platform is suitable for both new and experienced users. Follow these steps to purchase C98 via our website or mobile app:
To securely store Coin98 (C98), Bitvavo offers various options. The platform keeps the majority of the tokens in offline cold storage, which provides an additional layer of security against potential online threats. For even more security, you can enable two-factor authentication (2FA), where you enter a unique code in addition to your password when logging in.
Would you like complete control of your C98 tokens? Consider an external wallet, such as a hardware or software wallet. This allows you to manage your tokens independently, without relying on a third party. Always ensure you carefully verify the wallet address in your Bitvavo account when transferring your tokens. Once everything is correct, you can easily and securely move your tokens to an external wallet.
* This is for informational purposes only and is not advice, nor should it be relied upon as such.
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