Coin98 is a non-custodial multi-chain wallet and DeFi gateway, designed to seamlessly connect users to the crypto world in a safe and secure manner. This Coin98 Wallet review displays an up-to-date, detailed analysis of the Coin98 Wallet, containing everything you need to know about Coin98 and whether it’s the right exchange for you.
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Coin98 Wallet review
The idea behind Coin98 began taking shape in early 2020. With decentralized finance reaching new heights in terms of attention and value contributed by users.
Since there was a need for an open financial infrastructure in the world, the Coin98 team turned it into their mission. As a one-stop solution for decentralized finance, cross-chain swaps, staking, earning, and yield farming, the team acknowledged they had a lot of work ahead.
The team consist of Thanh Le and Vinh The Nguyen who were the co-founders. Thanh Le was a serial entrepreneur and an early investor in ThorChain, Band Protocol, Alpha Finance, and more. Vinh The Nguyen is the co-founder of Kytek Software, a company that helps review and build applications.
Coin98 aims to meet unfulfilled industry demand by becoming a Gateway connecting traditional finance (TradFi) users to any DeFi service on multiple blockchains. This mission is accomplished through a full suite of products, including Coin98 Wallet, Coin98 Exchange, Space Gate, and others.
What Is Coin98 Wallet?
Coin98 Wallet is a leading multi-chain wallet and gateway designed to connect users seamlessly to the crypto world in a safe and secure manner.
It accomplishes this mission through a full suite of products, which include:
- Coin98 Wallet: A wallet that enables users to store, send, receive, manage, and connect to a wide range of DApps across numerous blockchains.
- Coin98 Exchange: A multichain liquidity aggregator that enables users to trade, stake, lend, borrow, and earn cryptocurrency at the most competitive rates and with little slippage.
- Space Gate: is a cross-chain bridge protocol that makes it possible to swap and transfer values between different blockchain networks.
Coin98 Wallet Features
Coin98 Wallet provides users with a number of cutting-edge features that take them “to the moon,” such as:
Multi-chain wallet management: Manage multiple digital assets simultaneously, easily, and conveniently.
Unique “always-connected” experience: Access numerous DeFi services across various blockchains seamlessly and concurrently.
Top-tier security and privacy: Take full control of all assets and information, protected by FaceID, Touch ID, or conventional passwords.
Integrated DEXs: Trade instantly with the best rate and slippage using Uniswap, SushiSwap, SerumSwap, PancakeSwap, MDEX, Luna DEX, and Cross-Chain Bridge for the best experience.
Optimized transaction fee and processing speed: Adjust your own transaction fee with the gas bar.
Web3 DApp Browser: Instantly access the most popular DApps, built on multiple blockchains, without leaving your Coin98 Mobile Wallet.
Feature-rich: Manage portfolio, track market movement, connect to CEX accounts with API Key, etc.
Pros and Cons of Coin98 Wallet
To help you make an informed investment decision, here are some of the pros and cons of Coin98 Wallet.
Pros
- Multi-chain wallet support: With distinctive multi-chain wallet support at its core, Coin98 Wallet provides an always-connected experience and access to an array of DeFi services in interaction from Blockchain to Blockchain thus creating a seamless user experience.
- Ability to earn: Coin98 has a reward system called X-Point. Users can earn X-Point by doing certain tasks. They also have a referral program enabling users to invite their friends via their referral code and then earn X-Point based on the referres trading volume.
- Non-custodial: As it’s said “Not your keys not your crypto.” This literally means when you create an account with Coin98 the platform is not in charge of your private keys, instead, you’re solely in charge of any funds deposited in the wallet and are responsible for your wallet’s safety.
- Intelligent and Intuitive UI: With Coin98 intuitive and interactive UI users can easily navigate through the Coin98 website and wallet and seamlessly interact with its products and services thus facilitating ease of use and a wonderful user experience.
- Coin98 Exchange: The health of DeFi is dependent on liquidity. Coin98 Exchange goes further to help push the robustness fundamentally by helping provide users with liquidity from various sources like Uniswap, PancakeSwap, SushiSwap, SerumDEX and MDEX.
Cons
- Less transparency in security: Inadequate information on the Coin98 Wallet security.
Coin98 Wallet Airdrop
With Coin98 token airdrop, you can get rewarded for every three referrals you bring to their platform. To participate, first, you need to download the Coin98 Wallet app. After downloading the app, you need to register an account. During registration, you will be prompted to enter a referral code. Use C98AAX9QPI so that you will be eligible to receive the C98 tokens.
Coin98 Wallet Review: How to use Coin98 Wallet
To use the Coin98 wallet, which can give you access to seamlessly flawless products and services attached to a beginner-friendly user interface, you’d have to, first of all, get signed up.
To commence the signup process you can download the Coin98 Wallet app (aka Coin98 Super app) from playstore or Apple store and create an account to begin interacting with Coin98.
Coin98 Wallet Signup
After successfully installing Coin98, you can register for a Coin98 account by following these steps:
Step 1
In the main interface of the Coin98 Super App, click on the Account icon in the upper left corner of the screen.
Step 2
Enter your email address, then read the terms of service. If you agree to the Terms of Service, click Continue.
Step 3
Slide to verify the captcha. Captcha is like a test of the accuracy of the response, to test whether the person trying to access a website is a human or just a computer.
Step 4
Insert the verification code that is sent to this email address as well as the referral code (if any). Click Verify.
Step 5
Set your profile picture (if any), a user name, a display name, and a password, then confirm your password. Click “Enjoy” and you’re all set.
Note: Each username is unique in our system. Two different accounts can never have the same username.
Coin98 Wallet Review: How to Create a Wallet on Coin98 Wallet app
Step 1
Open the Coin98 Super App and click the Wallets tab on the home screen.
Step 2
Click the “Add Wallet” icon located at the top. Then choose the wallet icon corresponding to the network wallet you want to create and click Create.
Step 3
Enter a name for the wallet and click on “Next.”
Step 4
Backup your Private Key in a safe place. Then copy and paste the Private Key in the given section, then check the boxes and click on “Confirm.”
Note: You must save 12 security keywords in a safe place and do not reveal it to anyone. Otherwise, your account is at risk of being stolen when someone knows these keywords. Once completed, the wallet will be displayed on the main interface. You can also access Manage All Wallet to check.
How to restore Coin98 Wallet
If you’ve already had a wallet, you can simply restore it on Coin98 Super App by following these steps:
Step 1
Open the Coin98 Super App and click the Wallets tab on the home screen.
Step 2
Click the Add Wallet icon, then select the blockchain containing the coin/token you want to restore, or you can choose Multi-chain to own the wallet on other blockchains, then select Restore.
Step 3
Name the wallet and enter the saved 12 keyphrases to restore. Then click “Restore.”
Note: Except for the main tokens of the wallet (e.g. Ethereum’s ETH, TomoChain’s TOMO, BNB Chain’s BNB, etc.), the token will only be visible when you have a token balance in your wallet. The wallet address for you to receive tokens is the wallet address of the token represented in the wallet that you have just restored.
Coin98 Wallet Review: Coin98 Supported Coins
With the Coin98 Wallet app aka Coin98 Super app, you can store thousands of coins and tokens from the most popular blockchains. Currently, the Coin98 Super app supports the following blockchains and cryptos:
- Bitcoin (BTC)
- Ethereum (ETH & ERC20, ERC721 tokens)
- BNB Chain (BNB & BEP20 tokens)
- Huobi ECO Chain (HT & HRC20 tokens)
- Solana (SOL & SPL tokens)
- Near (NEAR & NEP21 tokens)
- Avalanche C Chain (AVAX – C & ARC20 tokens)
- Avalanche X Chain (AVAX – X)
- Tron (TRX & TRC20, TRC10 tokens)
- Polygon (MATIC & ERC20 tokens)
- Fantom (FANTOM & FRC20 tokens)
- Polkadot (DOT)
- Kusama (KSM)
- Cosmos (ATOM)
- THORChain (RUNE)
- Terra (LUNA & DENOM tokens)
- BandChain (BAND)
- Kava (KAVA)
- Persistence (XRPT)
- Binance Chain (BNB & BEP2)
- TomoChain (TOMO & TRC21)
- Celo (CELO & CUSD)
- OKExChain (OKT, KIP10 & KIP20 tokens)
- Gatechain (GT, GRC20 & GRC721)
- Kucoin Chain (KCS, KRC20 & KRC721)
- KardiaChain (KAI, KRC, KRC 721)
- Klaytn (KLAY & KIP7 KIP37)
- Ronin (RON, RRC20, RRC721)
- Optimism (ETH, ERC20, ERC721)
- Boba Network (ETH, ERC20, ERC 721)
- Arbitrum (ETH, ERC20, ERC721)
- Arbitrum on xDai (ETH, ERC20, ERC721)
Coin98 API
The trading platforms used by various exchange platforms vary from one another in terms of customization, user-interface simplicity, navigation, and design. It is so because various exchange platforms use a variety of criteria while building, and those criteria vary.
Whatever the variations, a good crypto wallet platform should be easy to use, have basic tools built into its API, and be user-friendly. It also has API documentation, which you can check out here.
Coin98 Wallet Review: Coin98 Labs
Coin98 Labs is an open infrastructure financial services provider that focuses on developing an ecosystem of DeFi protocols, applications, and NFTs across various blockchains.
Their goal is to satisfy unmet demand and improve popular utilities in the DeFi market so that users can easily access DeFi services. In order to bring DeFi closer to widespread adoption, Coin98 Labs offers a number of goods and services that are user-friendly and focused on cross-chain interoperability. Some of its products include:
Coin98 Wallet APP
Coin98 is a crypto super app designed to safely and securely connect a billion users to the crypto world. They provide a comprehensive and trusted ecosystem of essential services to users all over the world, including but not limited to a non-custodial, multi-chain NFT and cryptocurrency wallet; built-in DEXs; a cross-chain bridge and DApp browser; a powerful terminal; and campaign features; and others.
The Coin98 Super App is a key component of future multichain protocols/applications, acting as a single point of access to a variety of DeFi services across multiple blockchains. By having iterations on the wallet, Coin98 have laid a solid foundation for expanding their product suite.
The Coin98 Super App has over 1,000,000 users worldwide and supports multiple blockchains. It is available on mobile, browser extensions, and the company’s website.
We believe multi-chain and cross-chain will be the future of blockchain. Therefore, the Coin98 Super App is the first product that was developed as a non-custodial wallet with an advanced multi-chain wallet engine. Coin98 Super App, as the core of our suite of products, facilitates our users to interact with DeFi protocols on various blockchains in the most convenient way.
Coin98 Exchange
Coin98 Exchange is a decentralized exchange that provides users with liquidity from multiple blockchains. Coin98 Exchange facilitates instant and secure swaps for a smooth experience with the best price and slippage.
Coin98 Exchange is an all-in-one DeFi platform that provides a wide range of services across multiple blockchains. It enables users to easily swap, stake, lend, borrow, earn crypto, and access a variety of DeFi services all in one place. Coin98 Exchange aspires to be a bridge between traditional finance (TradFi) and decentralized finance.
Coin98 Markets
Coin98 Markets is a website that helps users get updates on real-time prices as well as view the detailed information of a token metric from any project. In more detail, you can visit a project’s home page or community page, or you can filter the coins and tokens based on factors like market cap, trading volume, etc.
Coin98 Portfolio
Coin98 Portfolio assists you in managing your portfolios through a wallet connection without the need to import your private keys. Coin98 Portfolio currently supports over 11 blockchains in total, including Solana, Ethereum, BSC, HECO, Avalanche C-Chain, Tron, TomoChain, Near, Polkadot, Kusama, and Celo.
This is a special feature of Coin98 Portfolio compared to other competitors in the market, allowing you to view the total value, as well as the proportions and statistics of your assets with an intuitive graph.
Coin98 Wallet Token
The Coin98 token (C98), the native token, is an essential component of the Coin98 ecosystem. C98 is distributed across three blockchains: Ethereum, Binance Smart Chain, and Solana. The utility of the token is exceptional, ranging from allowing holders to earn a portion of transaction fees to staking rewards and exclusive membership discounts for a variety of services and products.
Furthermore, C98 serves as a governance token, allowing users to govern the protocol by participating in decision-making and submitting proposals regarding the Coin98 ecosystem. Coin98’s current price is $0.229156 USD, with a 24-hour trading volume of $9,874,826 USD.
According to CoinMarketCap, Coin98 ranking is #345, with a live market cap of $49,714,163 USD. It has a circulating supply of 216,944,444 C98 coins and a maximum supply of 1,000,000,000 C98 coins.
Coin98 Wallet Review: How to buy Coin98 token
To purchase the Coin98 token, you can easily get some BNB and then just swap it for Coin98 token on the exchange. You can carry out this in just a few steps
Step 1
Visit Coin98 and click on “Start Now.”
Step 2
Now select the token you’d like to swap to C98. Assuming it’s BNB, select it, and on the second option, select the C98 token. Then proceed to swap by confirming the transaction.
Also, the C98 token can be purchased on the largest cryptocurrency exchange Binance and several other top cryptocurrency exchanges, like Coinbase, BTCEX, Bitrue, Tapbit, and MEXC. You can visit the links below for educational resources on:
How to buy Coin98 token on Binance.
How to buy Coin98 token on Coinbase.
Coin98 Wallet Review: Coin98 Staking
Coin98 Staking is a new and major release of Coin98 Labs to fulfill its product suite and reward C98 holders. It will also be a simple and secure way for users to earn passive income while participating in the Coin98 ecosystem.
Coin98 Staking offers fixed interest rates based on your staking plans. There are three different packages with suitable staking periods and amounts of tokens for users to engage in.
After staking ends, users can unstake and harvest earnings, which are then transferred directly to their wallets. Although, stakers are unable to unstake in the first 15 days. If you unstake before the expiration date, you will only earn a fixed 2.0% floating interest rate, no matter what type of staking plans you choose.
Besides appealing interest rates, Coin98 also offers you exclusive NFT staking cards and real assets for Coin98 stakers. With each staking plan you choose, you will get a unique NFT.
There are nine classes of NFT staking cards, depending on your staking plan and tier. The NFT card is proof of your staking, so when you transfer your NFT card, be aware that you are transferring your staked assets.
How to Stake
Step 1
On the Coin98 wallet extension Go to stake.coin98.com
Step 2
Make sure that you have installed the Coin98 Extension, then check out the staking packages, which include 3, 6, and 12 months.
Step 3
Select a package, then you’ll enter the detail page where you can customize your name card or card ID.
Notice: There will be a fee to customize your name or ID.
Step 4
Now you can confirm your stake by clicking on “Approve Stake.”
Is Coin98 Wallet safe?
Coin98 Wallet improves user experiences by providing top-tier asset security. The Wallet provides users with password configuration options (text password and matrix password) as well as the Extension Lock feature.
To ensure the highest level of security, the Coin98 Extension Wallet’s Text Password requires users to create an 8-character password that includes at least one uppercase letter and one special character.
Matrix Password is a next-generation password that distinguishes Coin98 Wallet from other digital wallets on the market. The Matrix Password requires only a number and one specific coordinate, but it provides an extremely strong level of security that prevents unauthorized peepers or screen recordings.
Extension Lock is a Coin98 Exchange feature that allows users to lock wallets when they are not in use. Users must log in again with their password to lock or unlock the wallet. Furthermore, after 15 minutes of inactivity or when users close the browser, the Coin98 Extension Wallet will automatically lock.
Besides the in-house dedicated dev team, Coin98 also has external audits to ensure its smart contracts and products are secure. Some of the enlisted audits are Certik for Coin98 Wallet, Armor for C98 smart contracts (ETH & BSC).
Coin98 Wallet Review: Conclusion
The Coin98 ecosystem positions itself as a DeFi hub, bringing together top DEXs to create a gateway for massive cross-chain liquidity. Furthermore, the Coin98 protocol’s diverse range of DeFi services and tools should perfectly meet users’ lending, liquidity, and borrowing needs.
Overall, Coin98 provides strong support to new projects by injecting the resources required for acceleration into the frameworks of crypto and DeFi. Its potential makes it a platform worth keeping an eye on.
