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 South Africa
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" tabCredit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Select 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 website
For 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
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- Learn how to earn Scallop Token for free through the Learn2Earn promotion
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- Receive free Scallop Token airdrops by joining On-going challenges and promotions

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FAQ
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South Africa is located at the southern tip of Africa and has a population of 60 610 000 according to the World Bank's 2020 population index. On 31 May 1961, the country became a republic following a referendum in which voters overwhelmingly voted to end the monarchy, thus becoming the Republic of South Africa. South Africa has some wonderful tourist attractions such as the Kruger National Park, Indian safaris, Table Mountain, and the Maclear’s Beacon among many others.
The currency of South Africa is the South African Rand (ZAR). It will only take you a few minutes to buy Scallop Token(SCA) and other cryptocurrencies by ZAR on the Bitget platform using P2P trading, crypto deposit, and third-party payments (using your credit card, Apple Pay or Google Pay).
The official languages of South Africa are Afrikaans, English, Xhosa, Zulu, Southern Sotho, Northern Sotho, Tswana, Tsonga, Venda, Swati, Ndebele, and the Bitget app and website are available in English.
South Africa is a country with a very beautiful landscape and relatively humid weather ranging from coastal subtropics, hot deserts, humid highlands, and snow-capped mountains, the landscape offers beautiful places like the beaches, lush Winelands around Stellenbosch and Paarl, craggy cliffs at the Cape of Good Hope, forest and lagoons along the Garden Route, and the city of Cape Town, beneath flat-topped Table Mountain. We are excited to tell you that no matter the location you are in, Johannesburg, Cape Town, Durban, Pretoria, or Port Elizabeth, Bitget is here to serve you and make your crypto trading journey worthwhile.