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How to convert C98 BEP20 or ERC20 to C98 SPL

For the purpose of skin-in-the-game on Solana with C98 while having it on Ethereum (ERC20) or BNB Smart Chain (BEP20) network, users can make such a conversion via a centralized exchange that supports depositing C98 tokens on ERC20/BEP20 and withdrawing it on Solana.
You can check out the centralized exchanges that listed C98 to select a favorite and suitable one here: https://www.coingecko.com/en/coins/coin98#markets
In this instruction, we will use FTX (https://ftx.com) for your reference.

How to convert C98 ERC20 to C98 SPL?

Step 1: Transfer C98 ERC20 to FTX
1.1. Access FTX → Go to the Wallet section → Search & select Coin98;
1.2. Click Deposit → Copy ERC20 the wallet address. Make sure you choose the right network;
1.3. Open Coin98 Super App → Click C98 ERC20 from the home screen of the Wallet section → Click Send;
1.4. Enter the transaction info:
  • The amount;
  • The receiving wallet address copied in Step 1.3;
Slide the Send bar from left to right to complete.
Note:
  • Make sure you have enough ETH in your ERC20 wallet to pay the gas fee.
  • Ethereum (ERC20) wallet addresses start with “0x”.
Step 2: Withdraw C98 tokens to your Solana wallet on Coin98 Super App
2.1. Open Coin98 Super App → Click Receive from the home screen. Make sure you have created Solana wallet;
2.2. Search C98 SPL token → Click the receiving icon → Select a wallet as desired (if you have more than one Solana wallet) → Copy wallet address
2.3. Access FTX → Go to the Wallet section → Click Withdraw;
2.4. Enter the transaction info:
  • The amount;
  • The wallet address copied in Step 2.3;
  • Select Solana SPL on the Withdrawal Method box;
  • Process the 2FA
2.5. Click Withdraw to complete.
Important: Direct transfers should be done within the same blockchain only. Make sure to copy the correct wallet address and select the corresponding network when withdrawing tokens from centralized exchanges.

How to convert C98 BEP20 to C98 SPL?

You can refer to the steps above regarding how to execute transactions between FTX and Coin98 Super App. However, as FTX does not support depositing C98 tokens on the BEP20 network currently, you can operate it as follows:
Step 1: Swap your C98 BEP20 to BUSD BEP20 on Coin98 Super App;
Step 2: Transfer BUSD BEP20 to FTX;
(You can refer to Step 1 in the previous instruction)
Step 3: Convert BUSD to C98 on FTX;
Step 4: Withdraw C98 to your Solana wallet address on Coin98 Super App
(You can refer to Step 2 in the previous instruction).

More ways to convert?

  • Convert C98 to USDC on FTX → Withdraw USDC to your Solana wallet address on Coin98 → Swap USDC to C98 on Saros
  • Swap C98 ERC20 to a stable coin (i.e. USDT, USDC) on Coin98 Super App → Convert the stable coin from ERC20 to SPL using SpaceGate Cross-chain Bridges on Coin98 Super App → Swap USDC to C98 on Saros
  • Swap C98 ERC20 to a stable coin (i.e. USDT, USDC) on Coin98 Super App → Convert the stable coin from ERC20 to SPL using Cross-chain Bridges (Allbridge.io,...) via DApp Browser on Coin98 Super App → Swap USDC to C98 on Saros
Please note that the bridges can require 2 fees on both sides and especially, the fee on the ERC20 side can be significantly high depending on the blockchain in certain circumstances.