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!
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Scallop (SCA) Resources
Buy Scallop Token in United Arab Emirates with Bitget
Simple 3-step guide to buying SCA today in United Arab Emirates
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
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The United Arab Emirates (UAE) was established in 1971, and we just celebrated the 50th anniversary of the UAE in 2021. The UAE has a population of about 10 million people, with about 10% locals and 90% expatriates from all over the world. The surface area of the United Arab Emirates is 83,000 square kilometers, which is slightly larger than Ireland and smaller than Portugal. The official languages in the United Arab Emirates are English and Arabic.
The UAE, as the name suggests, is made up of several emirates, more precisely, seven emirates. The first emirate is the most important, and it is the one of Abu Dhabi, the capital of the United Arab Emirates. This one represents 80% of the Emirates territory. The second Emirates we often hear about because it is rather the tourist capital is Dubai. The other five emirates are Ajman, Fujairah, Ras Al Khaimah, Sharjah, and Umm Al Quwain.
The time difference varies depending on the season (summer or winter). Concerning temperatures, there is also a distinction between summer and winter. During the winter, you can expect temperatures between 22 and 30 degrees. In the summer, it is much warmer, and temperatures average 35 to 40 degrees.
Acting as the national currency of the United Arab Emirates is the Dirham (AED), and with Bitget, you can purchase cryptos within minutes, no matter where you are in the United Arab Emirates. Our exchange offers secure payment options to make trading more accessible and safer than ever, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and several different credit card services.