What Is Coin98?

About Coin98 (C98)

It is a solution for DeFi giving people an opportunity to access the cross-chain exchanges, yield farming and also staking. The project’s goal is to grow into a gateway bridging users to any DeFi services on various blockchains. Coin98 does it via its vast list of products — a crypto wallet, exchange and many others. Each one has its own use in the ecosystem:

C98 is a native token powering the whole platform. The C98 is based on Ethereum, BSC and Solana. 

Where did Coin98 (C98) come from?

Coin98 was created in January, 2020 by Thanh Le and Vinh The Nguyen, a co-founder of Kytek Software. 

The interesting thing about the project — it has the 1st multi-chain compatible wallet technology. It helps users to work with various wallets of multiple blockchains at once, just by using one passphrase.

What are the advantages of Coin98 (C98)?

1. All in one
   
   Coin98 gives anyone a chance to stake, borrow, exchange, invest or lend using crypto via just one platform.
2. Big community
   
   A lot of crypto enthusiasts are supporting Coin98. The project has a strong loyal community if we take a look at their social networks.
3. User-friendly
   
   Coin98 has a ton of tools specially made for people. It simplifies the usage making it easy for the beginners.  

What are the disadvantages of Coin98 (C98)?

1. Competition
   
   Coin98 is quite a young project which makes it difficult to compete with the veterans of the industry. However this does not mean it can’t get to the top.  
2. Products quantity
   
   This point might become a disadvantage as well. The more products the ecosystem has the more attention and effort each one requires from the developers. 

How to buy Coin98 (C98)?

Looking forward to buying the C98? Go to the SimpleSwap homepage. Here’s the small guide on how to get yourself some tokens:

1. Let’s assume you plan to exchange BTC for C98. Select the crypto you wish to exchange (BTC) in the 1st drop-down list. Insert the number you want to swap.
2. Choose C98 in the 2nd drop-down list. You will see the estimated amount that you’ll receive after the swap.
3. Click the Exchange button.
4. Enter the Recipient's Address. C98 will be sent to this address. Be careful and make sure you use the correct address.
5. Create the exchange.
6. You will see the BTC deposit address. You have to transfer the necessary amount of BTC to this address to start the exchange.

SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.