What is Scallop (SCA)?
Scallop (SCA) stands out as a top decentralized money market on the Sui blockchain. It sets itself apart by offering institutional-grade quality, enhanced composability, and robust security, all while delivering a dynamic money market that boasts high-interest lending and low-fee borrowing. In fact, Scallop's innovative solution earned it the distinction of being the first DeFi project to receive an official grant from Sui in 2022.
How Scallop (SCA) Works
Scallop is a decentralized money market that offers a range of features, including lending, borrowing, zero-fee flash loans, interest rates, liquidations, and a dual-token model with SCA and veSCA. The platform is designed to optimize users' financial experience through a series of interconnected features. The lending feature enables users to earn interest on their deposits, which can be borrowed by borrowers providing sufficient collateral. The borrowing feature is flexible, with up to five sub-accounts available, and uses collateral and borrow weight parameters to control capacity. Zero-fee flash loans allow users to borrow assets without upfront collateral. Interest rates adjust based on supply and demand, ensuring a fair allocation of funds. Soft liquidation mechanisms protect users from collateral value fluctuations. The dual-token model promotes decentralization and offers governance voting power and fee rewards. Users can obtain veSCA by locking SCA tokens for a specified duration.
How Many Scallop (SCA) Tokens Are in Circulation?
SCA has a total supply of 250,000,000.
How to Buy Scallop (SCA)
Consider investing in Scallop (SCA)? It only takes 2 minutes to create an account on Bitget and start trading SCA.
Check out the available SCA trading pairs on Bitget!
Spot market
Scallop (SCA) Resources
Simple 3-step guide to buying SCA today in Ethiopia
Create your free Bitget account
Select a funding method
Complete your Scallop Token purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Scallop Token using a payment method of your choice:
Buy Scallop Token with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Scallop Token order.
How to buy crypto with credit/debit cardBuy Scallop Token with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Scallop Token is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Scallop Token order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Scallop Token order.Buy Scallop Token with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Scallop Token order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Scallop Token in your Bitget spot wallet
Bitget—where the world trades Scallop Token
How to buy Scallop Token for free
- Learn how to earn Scallop Token for free through the Learn2Earn promotion
- Earn free Scallop Token by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Scallop Token airdrops by joining On-going challenges and promotions
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FAQ
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Should I buy Scallop Token right now?
Ethiopia is located on the horn of Africa, a rugged country that encompasses the Great Rift Valley. It's a place of old culture, with archaeological artifacts dating back more than 3 million years. Ethiopia has a population of 121,396,689, and the official languages of Ethiopia are Amharic, Oromo, Somali, Tigrigna, and Afar. The official currency is the Ethiopian birr (ETB). In less than 10 mins, you can buy Scallop Token(SCA) and other cryptocurrencies from Ethiopia using the Bitget platform with P2P trading, crypto deposit, and third-party merchants like Apple pay and Google pay.
Ethiopia has a diverse climate and landscape, spanning from the equatorial rainforest with significant humidity in the south and southwest to Afromontane regions on the summits of the Semien and Bale Mountains to desert regions in the northeast, east, and southeast Ethiopia. Ethiopia's geographical structure and landscape consist of high plateaus, mountains, and dry lowland plains. Ethiopia has some of the world's most rugged and beautiful environments. The country is surrounded by beautiful cities like Addis Ababa, Gondar, Bahir Dar, Dodola, and Lalibela, anywhere you are located in Ethiopia, Bitget will be there to give you a seamless trading experience.
Interestingly Ethiopia is the oldest country in Africa, and it has stunning side attractions like Arba Minch, Awash National Park, Axum, Bahir Dar, Bale Mountains National Park, Gheralta, Gonder, Danakil, and many more. Ethiopia is a wonderful place to be.