Creditcoin (CTC) is a multi-use utility token that plays a crucial role in the Creditcoin Network, a blockchain-based interoperable lending protocol. Here are the key ways CTC is used:

1. Transaction Fees: CTC is used to pay for transaction fees on the Creditcoin Network. These fees are variable and dynamically scale based on network load and computational cost. Each loan cycle costs around 0.07 to 0.1 CTC to complete, with an average transaction cost of 0.01 CTC.

2. Staking Rewards: CTC is earned as a staking reward for network participants who contribute to the network's security and maintenance. This incentivizes good behavior and ensures the network's stability.

3. Network Governance: CTC is planned to be used for governance purposes, allowing token holders to vote on proposed upgrades within the Creditcoin ecosystem.

4. CTC Rental Market: A future functionality aims to create a CTC rental market, where holders can rent out their CTC for a fee to passively generate income from the network's users.

5. Miner Rewards: Miners who run Creditcoin nodes are rewarded CTC in return for their services, initially set at 28 CTC per block with a gradual decay rate.

6. Vesting and Trading: The ERC-20 version of CTC, known as G-CRE, is used for vesting and trading on exchanges. G-CRE can be swapped for CTC using a one-way 1:1 hook.

In summary, CTC is the primary utility token of the Creditcoin Network, facilitating transactions, incentivizing network participants, and governing the ecosystem.

To store Creditcoin (CTC) tokens, you can use SubWallet, a user-friendly and secure wallet solution. Here's a step-by-step guide to set up and use SubWallet:

1. Download SubWallet: Choose the interface you prefer, either the browser extension or the app-based mobile wallet. Download the preferred version from the official link: https://www.subwallet.app/download.html. SubWallet supports Firefox, Chrome, MS Edge, and Brave browsers, as well as mobile OS' like App Store and Google Play.

2. Set up Your Wallet: Open the app and follow the on-screen instructions to set up your new wallet. You have two options:

   • Create a New Account: If you don't have a Creditcoin/Substrate wallet, select 'Create a new account' and follow the instructions.
   • Import an Account: If you already have a pre-existing Creditcoin/Substrate wallet, select 'Import an account' and follow the guides to import it into SubWallet.

3. Connect to the Creditcoin Staking Dashboard: Once you've set up your wallet, connect it to the Creditcoin Staking Dashboard. This will allow you to manage your CTC tokens and participate in staking activities.

By using SubWallet, you can easily store, send, and manage your CTC tokens and Creditcoin staking activities from one simple place.

To buy Creditcoin (CTC) tokens, follow these steps:

1. Create an Account:

   • Register for a free account on a cryptocurrency exchange such as Bit2Me, BitScreener, Bitget, KuCoin, or CoinCarp.
   • Verify your identity by providing necessary information and uploading a valid Photo ID.

2. Add Funds:

   • Deposit funds into your account using various payment methods such as credit/debit cards, bank transfers, or cash.
   • Ensure you have sufficient funds to purchase the desired amount of Creditcoin (CTC).

3. Choose Your Order Type:

• Decide on the order type you want to use, such as Market Order, Stop Order, Limit Order, or TWAP Order, depending on your trading strategy.

4. Buy Creditcoin (CTC):

   • Navigate to the Buy & Sell section and select Creditcoin (CTC) as the cryptocurrency you want to buy.
   • Enter the amount you want to purchase and confirm the order.

5. Transfer to Your Wallet:

   • Once the purchase is complete, transfer the Creditcoin (CTC) to your personal cryptocurrency wallet for safekeeping.

Remember to research the exchange's reputation, read user reviews, and compare different exchanges to choose the most suitable one for you.