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.
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Spot market
Scallop (SCA) Resources
Simple 3-step guide to buying SCA today in Réunion
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
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FAQ
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Réunion Island, also known as Department of Réunion or Département d’Outre-Mer de la Réunion in French, is a department of France in the Indian Ocean. Lying 684 km to the east of Madagascar, Réunion is only 65 km long and 50 km wide, with a total area of about 2,512 km2. The small land of torrential rivers cutting through rugged mountains is the home to about 874,400 people. Some major cities on the island are the capital of Saint-Denis, Le Port, La Possession, and Saint-Paul. Being a department of France, Réunion Island has Euro (EUR) as the monetary unit and French as the official language.
The island is a great spot for tourism and exploration. You can walk along nearly 1,000 km in hiking trails to discover various cirques, plains and the Piton de la Fournaise volcano, which are all classified as French national natural parks, or take in the breath-taking panoramic view on a helicopter.
Wherever you are on the Réunion Island, you can easily and securely trade Scallop Token(SCA) and other tokens on the Bitget platform with Euro (EUR). We offer a wide range of services including Crypto Deposit, P2P Trading, and Third-Party Payments using Apple Pay, Google Pay, and credit cards. More than 13 languages, French included, are supported 24/7 on the Bitget platform, so you can rest assured that all your crypto needs can be satisfied by Bitget.