C98

Aspect	Information
Short Name	C98
Full Name	Coin98
Founded Year	2021
Main Founders	Thanh Le, Vinh The Nguyen
Support Exchanges	Binance, Bithumb, Bybit, HTX, Gate.io, Coinbase Exchange, KuCoin, Pancakeswap, XT.COM, BingX etc.
Storage Wallet	Coin98 Super Wallet, Trust Wallet, MetaMask, Binance Chain Wallet, SolFlare, Backpack, Phantom
Customer Service	Email: support@coin98.com; live chat, Telegram, Twitter, Discord

Overview of Coin98 (C98)

Coin98 (C98) is a governance and utility token that powers the entire Ninety eight ecosystem. It operates on various blockchains, including Ethereum, Solana, Polygan, Viction and Binance Smart Chain. Launched by Coin98 Finance, this token primarily serves as a utility token for a multi-chain liquidity protocol.

C98 provides various benefits to its holder such as discounted fees, staking rewards, as well as participation rights in Coin98's ecosystem. It applies decentralized finance (DeFi) concepts to offer services like staking, yield farming, and swapping. This cryptocurrency also supports a host of stablecoins and cryptocurrencies for trading purposes.

To obtain more information, you can visit their website: https://www.coin98.com and try to log in or register to use more services.

Pros and Cons

Pros	Cons
Supports multiple blockchains	High volatility risk
Offers benefits to token holders	Relatively new and less established
Utilizes DeFi concepts	Potential risk of smart contract bugs
Supports a variety of cryptocurrencies for trading	Dependence on the success of the overall DeFi market

Pros:

1. Supports Multiple Blockchains: Coin98 operates on several blockchains including Ethereum, Solana, Polygan, Viction and Binance Smart Chain. This means that it is versatile and not limited to a single network.

2. Offers Benefits to Token Holders: As a utility token, C98 offers a variety of benefits to its holders such as fee discounts, staking rewards, and rights to participate in the Ninety eight ecosystem. This makes the token multifunctional.

3. Utilizes DeFi Concepts: Coin98 adopts decentralized finance concepts; it offers services like staking, yield farming, and swapping. This allows a user to earn passive income from their holdings.

4. Supports a Variety of Cryptocurrencies for Trading: Coin98 supports trading with a wide range of stablecoins and cryptocurrencies. This provides users with diverse trading options.

Cons:

1. High Volatility Risk: Like all cryptocurrencies, Coin98 is highly volatile. Its value can fluctuate wildly within short periods of time, which presents a high risk to investors.

2. Relatively New and Less Established: Coin98 is relatively new to the market. As such, it lacks the proven track record of more established cryptocurrencies, which can make it less certain in terms of its future performance.

3. Potential Risk of Smart Contract Bugs: Coin98's operations are based on smart contracts. While this provides various advantages, there is also the risk of code bugs, which could lead to loss of funds.

4. Dependence on the Success of the Overall DeFi Market: Coin98's success is closely tied to the performance of the overall decentralized finance market. If the DeFi sector experiences a downturn, Coin98 is also likely to be negatively affected.

Crypto Wallet

Coin98 Super Wallet offers a robust and secure non-custodial solution, ensuring users have complete control over their funds with the motto “Not Your Keys, Not Your Coins.” Security measures like FaceID, TouchID, and hardware wallet integration safeguard users' assets.

With features like buying crypto with fiat, swapping tokens via SuperLink, and seamless access to various DeFi services across different blockchains, Coin98 Super Wallet emerges as a comprehensive gateway to the Web3 ecosystem.

Its multi-chain wallet engine enables smooth navigation through decentralized applications and token swapping, making it a versatile tool for cryptocurrency enthusiasts.

It supports both mobile (iOS & android) and Chrome extension versions.

What Makes Coin98 (C98) Unique？

Coin98 (C98) introduces an innovative approach to the DeFi ecosystem with its multi-chain liquidity protocol, allowing it to operate on different blockchains such as Ethereum, Solana, Polygan, Viction and Binance Smart Chain. By supporting multiple blockchains, Coin98 facilitates a more diverse range of transactions, broadening the trading possibilities and market access for its users.

Its extensive support for a multitude of stablecoins and other cryptocurrencies adds another layer of versatility, making it significantly different from other cryptocurrencies that are limited to a single blockchain or a smaller selection of assets. Moreover, it differentiates itself by primarily serving as a utility token within the Ninety eight ecosystem, providing unique benefits to its holders like discounted fees, staking rewards, and voting rights in the ecosystem's governance.

Furthermore, by adopting established DeFi concepts like staking, yield farming, and swapping, Coin98 creates opportunities for its holders to earn passive income, providing a functional utility beyond serving simply as a medium of exchange. This focus on utility stands in contrast to a number of cryptocurrencies that primarily serve as speculative assets.

How does Coin98 (C98) Work？

Coin98 (C98) operates as a native utility token within the Ninety eight ecosystem. It is primarily built on the ethereum, Solana, Polygan, Viction and Binance Smart Chain, making it a multi-chain token that can be used across different blockchains.

Its working principle involves the application of decentralized finance (DeFi) concepts. As a component of the Ninety eight ecosystem, the token can be used to leverage several financial services including staking, swapping, and yield farming. Staking involves locking up C98 tokens to maintain the network's operations and earning rewards in return. Yield farming refers to the use of digital assets to generate the maximum possible returns.

In addition, C98 holders can also enjoy the benefits of reduced fees when carrying out transactions within the ecosystem, further boosting its utility. C98 also gives its owners the right to participate in the platform's governance decisions, contributing to a decentralized, community-driven approach.

The multi-chain support of Coin98 is a major innovation as it facilitates interoperability between different blockchain networks. This allows users to swap and transfer various supported stablecoins and other cryptocurrencies across the multiple chains supported by the protocol.

Market & Price

Coin airdrop:

• Event Duration: Dec 15, 2021 - Dec 24, 2021

• Total Airdrop Amount: 50,000 C98 tokens

• Number of Winners: 10,000

How to Participate:

- Download Coin98 Wallet and create a BSC wallet: Coin98 Wallet

- Add C98 to your CoinMarketCap watchlist: Coin98 on CoinMarketCap

- Follow Coin98 on Twitter: Coin98 Twitter

- Join Coin98 Discord: Coin98 Discord

- Join Coin98 Telegram channel: Coin98 Telegram

- Fill in the airdrop form with your BSC address on Coin98 Wallet (Form available on CoinMarketCap once the event starts)

Price:

Currently C98 priced at $0.4158 with a 4.22% increase in the last 24 hours on Mar 26, 2024, C98 exhibits volatility typical of cryptocurrency markets. Its market cap stands at $305,176,065, ranking 258th, with a 24-hour trading volume of $18,349,663.

With a circulating supply of 733,888,778 C98 tokens out of a total supply of 1,000,000,000, its price performance reflects fluctuations within the crypto space, influenced by various factors such as market sentiment, trading activity, and overall industry trends.

C98 reached its all-time high of $6.42 on August 25, 2021, marking a significant milestone in its price history. Conversely, its all-time low of $0.1231 was recorded on June 12, 2023, demonstrating the volatility inherent in cryptocurrency markets.

Exchanges to Buy Coin98 (C98)

Coin98 (C98) can be purchased on a number of cryptocurrency exchanges. Here are several of them:

• Binance: A leading cryptocurrency exchange offering C98 trading pairs with high liquidity and security features.

Step	Description
1. Create Account	Free account on Binance website or app (verify ID)
	Register via app or website with email/mobile number
2. Choose Buying Method	Click “Buy Crypto” to see options
	Consider buying USDT (stablecoin) first
2A. Debit/Credit Card	Buy Coin98 with USD directly using card
	Add new card details and confirm purchase
2B. Google/Apple Pay	Buy Coin98 with USD using Google/Apple Pay
	Confirm purchase within time limit
2C. Third Party Payment	Check Binance FAQ for available options
3. Check Payment Details	Review order details and fees (1 minute to confirm)
4. Store or Use Coin98	Store in Binance or transfer to personal wallet

Buying link: https://www.binance.com/en/how-to-buy/coin98.

• KuCoin: A global cryptocurrency exchange with C98 trading pairs and advanced trading features.

Step	Description
1. Create Account	Sign up with email/mobile number, password
	Set your country of residence
2. Secure Your Account	Enable 2FA, anti-phishing code, trading password
3. Verify Your Account	Enter personal information and upload valid ID
4. Add Payment Method	Add credit/debit card or bank account (after verification)

Buying link: https://www.kucoin.com/how-to-buy/coin98.

• Bithumb: A South Korean exchange supporting C98 trading, providing access to a large user base and various trading tools.

• Bybit: A derivatives exchange offering C98 trading pairs, suitable for advanced traders seeking leverage and futures contracts.

• HTX: An exchange supporting C98 trading with a focus on user experience and customer support.

• Gate.io: A global cryptocurrency exchange featuring C98 trading pairs and a user-friendly interface.

• Coinbase Exchange: A popular platform for buying and selling cryptocurrencies, offering C98 trading pairs to users worldwide.

• Pancakeswap: A decentralized exchange (DEX) on the Binance Smart Chain, facilitating C98 trading with low fees and high-speed transactions.

• XT.COM: A digital asset exchange supporting C98 trading with a focus on security and liquidity.

• BingX: An exchange providing C98 trading pairs and a range of trading tools for both beginners and experienced traders.

How to Store Coin98 (C98)？

Coin98 (C98) is an ERC-20 and BEP-20 token, which means it can be stored in any wallet that supports Ethereum and Binance Smart Chain tokens. Here are a few types of wallets you could use:

Coin98 Super Wallet: A non-custodial multi-chain wallet with robust security features, supporting C98 storage and seamless access to decentralized finance (DeFi) services across various blockchains.

Trust Wallet: A popular mobile wallet supporting C98 storage, known for its user-friendly interface and extensive support for Ethereum-based tokens.

MetaMask: A browser extension wallet enabling C98 storage and interaction with Ethereum-based decentralized applications (dApps) on web browsers, offering convenience and flexibility.

Binance Chain Wallet: An official wallet by Binance supporting C98 storage and Binance Smart Chain (BSC) assets, providing integration with the Binance ecosystem and easy access to trading.

SolFlare: A non-custodial wallet for Solana blockchain-based assets, including C98, offering secure storage and seamless interaction with Solana-based decentralized applications (dApps).

Backpack: A user-friendly mobile wallet supporting C98 storage and other Solana-based tokens, designed for convenient access to DeFi services and token management on the Solana blockchain.

Phantom: A browser extension wallet for the Solana blockchain, allowing secure storage of C98 and other Solana-based tokens, with a focus on simplicity and usability for decentralized finance (DeFi) users.

Is It Safe？

C98 appears to prioritize security measures by offering features like FaceID, TouchID, and hardware wallet integration to safeguard users' assets. These mechanisms add layers of protection against unauthorized access and potential threats.

However, the overall safety of C98 also depends on factors such as the reliability of the underlying blockchain and the security practices of users themselves. While these security measures are promising, investors should still follow best practices to mitigate risks associated with cryptocurrency holdings.

How to Earn Coin98 (C98)？

Earning Coin98 (C98) can be conducted through several methods:

1. Trading: You can earn C98 by trading it against other cryptocurrencies on exchanges where it's listed, such as Binance, Kucoin, and PancakeSwap. Be sure to understand market trends and trading tactics to minimize potential losses.

2. Staking: Coin98 also offers staking functionality, where you can earn rewards by securing the network. However, be aware that staking typically involves locking up your tokens for a particular time.

3. Yield Farming: If you're familiar with DeFi concepts, yield farming is another way to earn C98 tokens. This refers to the process of lending your tokens in return for interest in the form of additional tokens.

4. Coin airdrops: Sometimes, projects like Coin98 have promotional events such as coin airdrops, through which you can get free C98 tokens.

Conclusion

Coin98 (C98) is a digital asset designed to operate on multiple blockchain networks, offering extensive support for a variety of cryptocurrencies and stablecoins, making it unique in terms of versatility and potential market reach. With its application of decentralized finance (DeFi) concepts such as staking, yield farming, and swapping, Coin98 opens up opportunities for its users to generate returns in the form of rewards and passive income.

The potential appreciation of the Coin98 (C98) largely depends on market dynamics and the adoption rate of the Coin98 platform within the broader DeFi ecosystem. As a relatively new entrant in the market, it faces competition from established cryptocurrencies and may see its value fluctuate due to volatility common in crypto markets.

FAQs

Q: What type of cryptocurrency is Coin98 (C98)？

A: Coin98 (C98) is a utility token that runs on different blockchains, majorly serving as the utility token for a multi-chain liquidity protocol in the Ninety Eight ecosystem.

Q: What are unique benefits of owning C98 tokens？

A: C98 token owners can benefit from features like discounted transaction fees, staking rewards, and the right to participate in Coin98 ecosystem governance decisions.

Q: What cryptocurrency exchanges support Coin98 (C98) trading？

A: Exchanges such as Binance, Bithumb, Bybit, HTX, Gate.io, Coinbase Exchange, KuCoin, Pancakeswap, XT.COM, BingX etc. support trading of Coin98 (C98) with various currency pairs.

Q: What wallets are suitable for storing Coin98 (C98)？

A: Coin98 (C98) tokens can be stored in wallets such as Coin98 Super Wallet, Trust Wallet, MetaMask, Binance Chain Wallet, SolFlare, Backpack, Phantom.

Q: What strategies can users follow to earn Coin98 (C98)？

A: The methods to earn C98 mainly include trading on exchanges, staking, participating in yield farming on the Coin98 platform, or joining in community activities for potential rewards.

Risk Warning

Investing in cryptocurrencies requires an understanding of potential risks, including unstable prices, security threats, and regulatory shifts. Thorough research and professional guidance are advised for any such investment activities, recognizing these mentioned risks are just part of a wider risk environment.