Coin98 price is $0.128716, down -23.53% in the last 24 hours, and the live market cap is $64M. It has circulating supply volume of 1,000,000,000 C98 coins and a max. supply volume of 1,000,000,000 alongside $11M 24h trading volume.
Coin98 is a DeFi platform and a one-stop solution for cross-chain swaps, staking, borrowing, lending, investments, yield farming, and more.
C98 is the platform's native token with several use cases.
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What Is Coin98
Coin98 is a crypto platform designed as an all-in-one solution for DeFi users. The ecosystem is focused on cross-chain interoperability and user-friendliness, aiming to increase DeFi adoption and make its DeFi products easily accessible to users. The various products that Coin98 offers include:
Coin98 Super App securely connects crypto users to the crypto industry. It supports multiple networks and provides services like non-custodial multi-chain NFT and crypto wallet, built-in DEXs, cross-chain bridge, etc.
Coin98 Exchange intends to be a gateway from Traditional Finance to Decentralized Finance. It provides users liquidity from many sources across various blockchains, and lets users make fast and secure swaps, stake, lend, borrow, earn crypto, and get engaged in multiple DeFi services from one place.
Coin98 Portfolio allows users to manage crypto assets by connecting their wallets. The portfolio supports blockchains like Solana, Ethereum, Binance Smart Chain, HECO, Tron, Near, Algorand, Tezos, etc.
Coin98 Markets allows users to see real-time price updates and view token metrics of various projects.
Coin98 Terminals makes traditional finance services available in the DeFi sector. It offers DeFi tools like token issuer, multi-send, blockchain explorers, wallet approval, and more.
Coin98 Staking and Earning allows users to receive passive income through the ecosystem.
What Is Coin98 Token
C98, the Coin98 platform's governance and utility token, powers the Coin98 ecosystem. The token is available on Ethereum, Binance Smart Chain (BSC), Solana, and other blockchains. Users can pay services fees and access several benefits through C98, including:
Staking
Users can provide liquidity by staking their assets in decentralized market-making pools. As a return, they're rewarded with C98 tokens.
Governance
C98 allows token holders to make proposals and vote on the protocol's governance to decide on the Coin98 products' features and specifications, network updates, etc.
Unique rights
C98 token holders can access special events and benefits such as priority for launchpad participation, marketing events with strategic partners, etc.
How Does Coin98 Coin Work
Coin98 allows swapping and transferring cryptos across different networks through its cross-chain bridge SpaceGate. The platform has built partnerships with Polygon, PancakeSwap, Avalanche, etc., to increase its cross-chain liquidity and services.
The platform aims to make crypto and DeFi more available. Coin98 Finance comprises three central divisions:
Coin98 Ventures: It helps to empower new DeFi projects across several blockchain platforms by investing in decentralized applications (DApps) and DeFi protocols built on Ethereum, Solana, BSC, and Polkadot.
Coin98 Labs: It's an Open Infrastructure Financial Services developer focused on DeFi protocols, apps, and non-fungible tokens (NFTs) on multiple blockchains. It offers several solutions, including an exchange, a native wallet, multiple market solutions and a portfolio.
Coin98 Network: It provides a range of media resources and learning tools, such as visual content, technical analysis, news, etc., to help the blockchain community benefit from DeFi.
Coin98 Founders
Thanh Le, a Vietnamese software engineer, is the Coin98 founder.
Coin98 started as a research team in 2017 and developed into a blockchain company. In July 2021, the Coin98 platform was introduced to the community, and the native utility token C98 was launched via Binance Launchpad. More than 73,000 participated in the coin's public sale, and more than 5 million BNB tokens were raised.
At the time of the public sale, the C98 price was $0.075. C98 has a max supply of 1 billion tokens. The Coin98 price is volatile and has seen many ups and downs since its launch. The C98 price reached its all-time high of $6.42 on August 25, 2022, and the Coin98 price all-time low was recorded on May 12, 2022, when the coin traded at $0.35.
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