Coin98 (C98) Token. What is it, how to buy and price live?

In this article we will talk about Coin 98 (C98) token, a project that already has a lot of growth and that is already listed on Binance, today at Cryptoshitcompra.com we will give you the information of the Token in Spanish and we will also explain how to buy C98 Token in Binance .

What is Coin98 (C98) Token?

Coin98 is a protocol that provides an ecosystem of DeFi products that is more accessible to Defi users. Available protocol-based projects include decentralized exchanges, lending protocols, on-chain governance (via Snapshot), blockchain-based games, etc.

Especially, Coin 98 enables multi-chain activities and behaves as the most prominent and convenient protocol, which DeFi users don’t necessarily have to have deep blockchain knowledge to join.

Coin98 main components

Exchange Coin 98

As the main flagship component of the ecosystem, Coin98 Exchange is a multi-chain liquidity aggregator that supports multiple assets issued on different blockchains, such as Ethereum, BSC, Solana, Tron, …

Coin 98 Exchange aims to create the most seamless, continuous and seamless experience for DeFi users. Let’s start by visiting the Coin98 Exchange here: exchange.coin98.com.

Coin 98 has developed a wide range of products that revolve around the Coin98 Exchange, which indirectly makes the ecosystem more accessible to users and communities. se products / components include:

Coin98 wallet

A multi-chain wallet allows users to store, transfer, and manage crypto assets on multiple blockchains. It is compatible with more than 20 networks, including Ethereum, Binance Smart Chain, Solana, Polygon, Avalanche, Terra, etc., in both the Mobile (iOS and Android) and Chrome Extension versions.

For the simple fact of knowing Coin98 Wallet, its features, its use cases and the desirable airdrop events. You can install the latest version of Coin98 Wallet through these links:

Coin98 mobile wallet:

  • iOS: ios.coin98.app or testflight.coin98.app
  • Android: android.coin98.app or apk.coin98.app
  • Coin98 extension wallet: extension.coin98.app or chrome.coin98.app
  • Coin98 web wallet: wallet.coin98.com

Coin98 Wallet

Coin98 Portfolio is the second product created by Coin98 Labs. It helps users to manage portfolio assets on different blockchains without requiring an import key.

Coin98 Portfolio V1, at this point, allows users to track their wallets on the following chains: Solana, Ethereum, BSC, HECO, Avalanche C-Chain, Tron, TomoChain, Near, Polkadot, Kusama, Celo. To experience Coin98 Portfolio, visit here: portfolio.coin98.com.

Other components in development:

  • Coin98 Launchpad – IDO Platform – Enables innovative crypto projects through fundraising activities.
  • Coin 98 Markets – A data platform that provides on-chain analysis of the Blockchain. Coin98 Terminal (Utilities) – DeFi Tools and Utilities – Brings users and DeFi closer together.
  • Coin 98 Lend & Borrow: Coin98 loan and loan platform.
  • Coin 98 Mega Farm – Farmers Market on the Coin98 Exchange.
  • Coin 98 Staking – Helps users stake multiple crypto assets.
  • Coin 98 NFT Marketplace.
  • Coin98 derivatives: includes margin trading, futures trading, options trading, etc.
  • To better understand the vision of Coin98 Labs with the values ‚Äč‚Äčthat the team wants to bring to users through each of these products, you can consult the Coin98 ecosystem.

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Coin98 (C98) Token Distribution

  • C98 key metrics
  • Token name: Coin98.
  • Ticker: C98.
  • Blockchain: Ethereum, BSC, Solana.
  • Token standard: ERC20, BEP20, SPL.

Contract:

  • BEP20: 0xaec945e04baf28b135fa7c640f624f8d90f1c3a6
  • ERC20: 0xae12c5930881c53715b369cec7606b70d8eb229f
  • SPL: C98A4nkJXhpVZNAZdHUA95RpTF3T4whtQubL3YobiUX9
  • Token type: utility, governance.
  • Circulating supply: 185,000,000 C98.
  • Total supply: 185,000,000 C98.
  • Maximum supply: 1,000,000,000 C98

C98 token allocation

  • Ecosystem growth: 21.00%.
  • Community development: 20%.
  • Team: 20.00%.
  • Strategic sale: 15%.
  • Treasury: 12%.
  • Sale of seeds: 5%.
  • Binance Launchpad Sale: 5%.
  • Advisors: 2%
  • Ecosystem growth: 4 years of consolidation, 30% release in TGE (Token Generation Event), linear unlocking from the second year.
  • Community development: 4 years of rights acquisition, 30% release in TGE (Token Generation Event), linear unlocking from the second year.
  • Team: 4 years of concession, 1 year of cliff, linear unlocking from the second year.
  • Strategic sale: 2 years of acquisition of rights, 1 year of cliff, linear unlocking from the second year.
  • Treasury: 4 years of rights acquisition, 10% release in TGE (Token Generation Event), 1-year cliff, linear unlock from the second year.
  • Sale of seeds: 3 years of concession, 1 year of cliff, linear unlocking from the second year.
  • Binance Launchpad Sale: 100% Launch on TGE.
  • Advisors: 3 years of consolidation, 1 year of cliff, linear unlocking from the second year.

At the Coin98 Token Sale event on Binance Launchpad, 18.5% of the total Coin98 token will be launched.

C98 token use cases

C98 token is the platform’s native utility token. Current and planned use cases of the C98 token include:

  • Transaction Fees: On every transaction that users have with Coin 98 Exchange, Coin 98 will charge a transaction fee.
  • Product Development: C98’s revenue from transaction fees will be partially used for future product development and ecosystem growth.
  • Staking Incentives: other fraction of the transaction fees will be assigned to the C98 liquidity provider.
  • Governance: Users can participate in C98 to gain voting power and participate in the governance process to change product parameters.
  • Unique Membership Rights – Users will earn tiered benefits on the platform, enjoy retroactive Coin98 incentives, and have privileges when joining Coin 98 products / services (Coin 98 Launchpad, Coin98 Exchange, etc.) or participating in partner events strategic.

How to earn and store Coin98 tokens?

At this point, users can buy C98 on Binance Launchpad. In the future, users can acquire the token through:

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  • Binance.
  • Coin98 Exchange.
  • Provide liquidity on Coin 98 Exchange.
  • Staking activities.
  • Storage wallets and exchanges compatible with the Coin 98 token
  • C98 storage wallets
  • Users can keep their tokens in Coin 98 Wallet – wallet allows users to store, transfer and manage crypto assets on multiple blockchains.
  • token has been built on 3 blockchains: Ethereum, BSC và Solana. refore, a multi-chain wallet like Coin 98 Wallet is a perfect option for managing Coin 98 Token. Instructions on how to use Coin 98 Wallet will be delivered immediately.

Exchanges compatible with the token Coin 98

It has not been updated on which exchanges the token will be listed. good news is that Coin 98 Wallet has been integrating many widely used AMMs (Uniswap, SushiSwap, ..), so the token will be available in Coin 98 Wallet for sure.

Any further changes in the future, the Coin98 team will update users.

RoadMap Coin 98 (C98) Token

Coin98 Exchange roadmap includes 4 phases:

  • Phase 1 (completed) – Single chain swap only.
  • Phase 2 (We are here): Market expansions in different blockchains (Ethereum, BSC, Solana, Avalanche, …), simultaneously developing bridges to move assets between those chains.
  • Phase 3: Develop Smart Route on each Blockchain, offering users the best rates and low slippage without the need for them to visit each AMM at the same time to finalize transactions.
  • Phase 4: Connect native assets via Smart Route on different blockchains, form a fully mature crosschain crypto market.

Coin 98 (C98) Token team members, investors and partners.

Team members

Coin98 has 100% Vietnamese team members. Most of them have had years of experience in developing crypto products. Coin98 co-founders include:

  • Le Thanh – Got involved with cryptocurrencies early in the formation of the Coin98 community, which has relentlessly evolved into Coin98 today. In addition to working at Coin98, he is also an advisor to crypto projects inside and outside of Vietnam.
  • Nguyen Vinh: He is a technical co-founder and responsible for the development of the Coin98 product.

Investors

Coin 98 Labs has completed raising $ 1.25 million in the seed funding round, with the list of investors as follows:

  • Hashed: Hashed is an early stage global venture fund focused on supporting founders who are pioneers in the future of blockchain and cryptocurrencies. team includes talents hailing from Seoul and Silicon Valley.
  • ParaFi Capital: ParaFi Capital is an alternative investment firm focused on blockchain and decentralized financial markets.
  • Spartan Group: Spartan Group is Asia’s leading blockchain asset management and advisory company founded by Goldman Sachs alumni. Spartan Capital offers advisory services for leading blockchain projects such as Dapper, Blockfolio, Solana, …
  • Multicoin Capital: Multicoin Capital is an investment company that invests in cryptocurrencies, tokens and blockchain companies, manages several billions of assets in hedge funds and hedge funds. Binance has also supported it.

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Strategic partners

Coin98’s strategic partners include:

  • Binance, the world’s largest crypto exchange by volume.
  • Coingecko, a world leader in cryptocurrency data tracking, tracks more than 6000 tokens on more than 400 exchanges
  • Kyber Network, one of Vietnam’s flagship protocols and one of the best AMMs on the Ethereum blockchain

How to buy Coin 98 (C98) Token?

You can buy C98 on all major cryptocurrency exchanges. exchange with the highest volume and lowest slippage is Binance. You can buy C98 using BTC, ETH, USDT, or BNB.

In our case for the tutorial we are going to buy it with USDT

STEP 1 To buy C98 Token on Binance

  • Logically the first thing will be to enter Binance, if you are not registered do it here.

Once inside Binance, we have to buy USDT, we can do it with a credit or debit card in the “Buy Crypto” section.

STEP 2 To buy C98 Token on Binance

  • Once with our USDT in Binance, we have to buy C98 token and for that we are going to go to “TRADE” to then choose “CLASSIC”.
  • Now once inside we go to the right side of the page and look for the C98 Token and select the PAR “C98 / USDT” and click on it.

STEP 3 To buy C98 Token on Binance

  • Once inside the Classic Market and selecting the C98 / USDT pair, we put the amount of USDT that we want to exchange for C98 and we give it to buy.
  • And voila, we have our C98 Token on Binance.

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