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Wednesday, October 20, 2021

What is Coin98 (C98)?

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As the 20th Launchpad project of Binance and developed by a Vietnamese team, Coin98 (C98) has received a lot of attention from the community with its potential for future development. So what are the outstanding features of Coin98? What will Coin98 do to become the unicorn of Vietnam? Let’s find out all details about Coin98 and C98 token now!

What is Coin98?

Coin98 is a DeFi ecosystem with the aim of making it easy for users to access DeFi. To serve that goal, Coin98 has developed a set of products that fully serve the needs of users, from transactions, storage to asset management, lending, savings,…

In particular, Coin98’s product suite is provided on Multi-chain , providing an outstanding smart DeFi experience , users do not need to take too many steps or have a deep understanding of Blockchain .

Coin98’s products

Coin98 Exchange

Coin98 Exchange is the main product of Coin98, this is a decentralized cross-chain exchange that supports trading of Crypto assets on many blockchains such as Ethereum, BSC, Solana, Tron,…

Coin98 Exchange was born to serve the most basic needs of users, which is trading, providing a smooth cross-chain trading experience, without having to perform too many operations.

You can view detailed instructions for using Coin98 Exchange and experience Coin98 Exchange right at:

And to make it easier for users to access DeFi, Coin98 has developed related products around Coin98 Exchange, thereby fully serving users’ needs. These products include:

Coin98 Wallet

Coin98 Wallet is a non-custodial cryptocurrency wallet used for storing, managing, trading, and swapping multi-chain, multi-source digital assets.

Currently Coin98 Wallet supports all coins/tokens on blockchain platforms BTC, ETH, TOMO, Tron, Binance Smart Chain, Solana, Polkadot, Kusama, Huobi ECO Chain, Near, Avalanche, Cosmos, Celo, Band. Coin98 Wallet has both Mobile App and Extension versions, becoming a gateway connecting users to the DeFi world.

Coin98 Portfolio

Coin98 Portfolio is the second product of Coin98 Finance Labs, supporting users to track and manage assets on multiple Blockchains without having to Import Key.

Coin98 Portfolio V1 currently supports wallet tracking on the following chains: Solana, Ethereum, BSC, HECO, Avalanche C-Chain, Tron, TomoChain, Near, Polkadot, Kusama, Celo. You can experience Coin98 Portfolio here:

Product is in development

  • Coin98 Launchpad : IDO platform to help projects launch their tokens.
  • Coin98 Markets: Blockchain data aggregation platform on-chain, helping users update information from the market.
  • Coin98 Terminal (Utilities): DeFi Toolkit & Utilities, helping users access the DeFi world easily.
  • Coin98 Lend & Borrow: Borrowing and Lending Platform on Coin98.
  • Coin98 Mega Farm: Farming Market on Coin98 Exchange.
  • Coin98 Staking: Support Staking feature of many Crypto assets for users.
  • Coin98 NFT Marketplace: The NFT trading market on Coin98.
  • Coin98 Derivatives: Derivatives market includes Margin Trading, Future Trading, Option Trading, etc.

Detailed information about C98

C98 rate today

You can track the price of C98 token continuously right on Coin98 Markets via the link:

Update C98 price continuously at Coin98 Markets (updated: 08/25/2021)

Key Metrics C98

  • 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.
  • Max Supply: 1,000,000,000 C98.

In addition, there is still a small amount of ~600,000 C98 on Tomochain previously issued by Coin98. To solve this problem, Coin98 is building a new generation of Space Gate – Cross-chain Bridge system.

It will first be used to make it possible for anyone to flexibly convert tokens (especially C98) between different blockchains, and certainly allow the conversion of old C98 to new C98. Conversion rate will be announced in the future.

C98 Token Allocation

  • Ecosystem Growth: 21.00%.
  • Community Development: 20%.
  • Team: 20.00%.
  • Strategic Sale: 15%.
  • Treasury: 12%.
  • Seed Sale: 5%.
  • Binance Launchpad Sale: 5%.
  • Advisors: 2%
Distributing C98 Token.

C98 Token Sale

C98 token sale opening rounds

C98 Token Release Schedule

C98 Token release & unlock schedule.

The C98 token unlocking schedule will take place as follows:

  • Ecosystem Growth : 4 years vesting, 30% at TGE (Token Generation Event), then locked for 1 year and unlocked every block from year 2.
  • Community Development : 4 years vesting, 30% at TGE (Token Generation Event), then locked for 1 year and unlocked every block from the 2nd year.
  • Team: 4 years of vesting, 1 year lock and unlock in each block from the 2nd year.
  • Strategic Sale : 2 years vesting, 1 year lock and unlock block by block from 2nd year.
  • Treasury : 4 years vesting, 10% at TGE (Token Generation Event), then locked for 1 year and unlocked every block from year 2.
  • Seed Sale : 3 years vesting, 1 year lock and unlock in each block from the 2nd year.
  • Binance Launchpad Sale : 100% Unlocked at TGE.
  • Advisors : 3 years vesting, 1 year lock and unlock block by block from 2nd year.

By the time C98 token launches on Binance LaunchPad , there will be 18.5% C98 unlocked.

Token Use Case

C98 is Coin98’s Ecosystem Token, C98 will be used for the following purposes:

Transaction fee : For each transaction on Coin98 Exchange, Coin98 will collect a part of the transaction fee.

Product development : C98 revenue from transaction fees or other sources, will be used to further encourage Coin98 contributors including Liquidity Provider, Staker, Users,…

Staking incentives : C98 will be used to reward Liquidity Protoviders on Coin98 Exchange.

Governance : As a DeFi protocol and wanting to empower the community, Coin98 allows C98 staking users to make Proposals and be decided by the community.

Unique Membership Rights: C98 holders will be divided into tiers and enjoy Incentives from Coin98, including benefits when participating in Coin98 products (Coin98 Launchpad, Coin98 Exchange, …) and events from Coin98’s partners.

How to earn and own C98 Token

Currently, you can earn and own C98 tokens by:

  • Buy on CEX: Binance .
  • Buy on DEX: Coin98 Exchange.
  • Provide liquidity on Coin98 Exchange.
  • Staking to get C98.

C98 Token exchange & storage wallet

Storage wallet

You can store C98 on Coin98 Wallet, as I introduced above, this is a Multi-chain wallet that supports storing and managing assets on many blockchains such as Ethereum, BSC, Solana, Polygon, etc.

C98 is a token on all 3 Blockchains Ethereum, BSC and Solana, so a Multi-chain wallet like Coin98 Wallet is very suitable for storing C98 tokens. Storage method:

Step 1: At the main interface, select Receive .

Step 2: Choose Coin98 wallet suitable for each chain: ERC20, BEP20 and SPL

Step 3: Copy the wallet address and send C98 tokens to this address.

Instructions for storing C98 on Coin98 Wallet

In addition, you can also store C98 on exchange wallets like Binance, FTX, etc.


C98 Token is now tradable on most major exchanges:

  • CEX exchanges: Binance, FTX,, MEXC Global,…
  • DEX floor: Sushiswap, Pancakeswap, Coin98 Exchange,…

You can trade C98 tokens right on Coin98 Exchange by following the steps below at:

Step 1: Connect the wallet via Coin98 Extension.

Step 2: Search for C98 with matching chain.

Step 3: Enter the number of tokens you want to swap.

Step 4: Adjust Gwei gas and slippage according to demand.

Step 5: Approve the transaction ( approve ) and complete the transaction.

Instructions for trading C98 on Coin98 Exchange

Roadmaps & Updates

As a DeFi ecosystem, Coin98 has many products, here I will update the roadmap of the main product Coin98 Exchange.

Roadmap of Coin98 Exchange is divided into 4 stages:

  • Phase 1 (completed): Developing a trading market on a single Chain.
  • Phase 2 : Developing a transaction market on many separate Chains (Ethereum, BSC, Solana, Avalanche, …), and developing a Bridge to transfer assets between Chains.
  • Phase 3: Develop Smart Route on each Blockchain, help users find the best price, users do not need to go to each AMM to transact.
  • Phase 4: Connecting the native bridge product to the Smart Route trading market on the Chains, opening a complete cross-chain trading market.
Coin98 Exchange development roadmap.

Project team, investors & partners

Project team

Coin98 is a project with 100% Vietnamese team, experienced and built long-term products in the Crypto industry. Coin98’s founding team includes:

  • Le Thanh : Co-Founder of Coin98, he is the founder of Coin98 Community, spent 4 years and developed Coin98 as it is today. Besides developing the Coin98 ecosystem, Mr. Thanh is also an advisor of a number of other domestic and foreign Crypto projects.
  • Nguyen The Vinh : Co-Founder of Coin98, he is the manager of the technical department in Coin98, developing all the company’s products.


Coin98 Labs completes a seed round of $1.25 M, led by funds:

  • Hashed: Global Blockchain Investment Fund with a quality team from Seoul and Silicon Valley .
  • ParaFi capital: A company that invests in alternative products (commodities, crypto, derivatives,…), focusing on the Blockchain and DeFi markets.
  • Spartan Capital: Not only a large investment fund in the Crypto market, but also works as an Advisory for large projects such as Dapper, Blockfolio, Solana,….
  • Multicoin Capital : Famous investment fund, invested by Binance.
  • ….

Coin98 Labs successfully completed fundraising with large investment funds.


Some of Coin98’s major partners include:

  • Binance : The largest cryptocurrency exchange currently on the Crypto market.
  • Coinecko : Today’s big data aggregation platform, supporting more than 2000 cryptocurrencies and more than 50 blockchains.
  • Kyber Network: One of the pioneering projects in the Blockchain field in Vietnam, Kyber Network is currently one of the leading AMMs on Ethereum.

Similar projects

Similar projects to Coin98 include:

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