Buy Scallop (SCLP)
What is Scallop?
Scallop is a blockchain-powered ecosystem designed as a banking-as-a-service provider. It aims to streamline the management of both cryptocurrencies and fiat currencies through innovative products and services. The platform seeks to integrate traditional banking services with decentralised finance (DeFi) capabilities, making cryptocurrency as accessible as regular currency.
How does Scallop work?
Scallop operates on the Scallop Chain, a blockchain that supports both EVM and WASM based smart contracts. It utilises a Proof-of-Stake (PoS) consensus mechanism, which is optimised for public permissioned use cases. Scallop also features the world's first regulated blockchain that integrates Know Your Customer (KYC) and Anti-Money Laundering (AML) checks at the protocol level. Every wallet on the Scallop Chain is linked to an IBAN and bank account, allowing seamless fiat-to-crypto and crypto-to-fiat services.
What are the potential use cases for Scallop?
Scallop offers various use cases, including staking to open accounts and unlock benefits, paying transaction and exchange fees, receiving trading bonuses, and accessing Elite membership benefits. The platform's products such as Scallop Pay, Scallop Cards, and Scallop Exchange facilitate real-world applications in industries like banking and finance, e-commerce, and decentralised finance. Scallop is also engaged in notable partnerships that aim to bridge traditional finance with DeFi.
What is the history of Scallop?
Scallop was founded in 2021 by Raj Bagadi, who has extensive experience in the finance sector. The platform was developed with the mission to bring digital assets into mainstream use and bridge the gap between crypto and traditional finance. Since its inception, Scallop has achieved significant milestones such as launching its banking app in Europe and listing SCLP on major cryptocurrency exchanges. Scallop has expanded its services and partnerships, positioning itself as a pioneering force in integrating traditional banking with decentralised finance.
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Frequently Asked Questions (FAQs)
What is the current price of Scallop (SCLP)?
The Scallop price is $0.22557017 AUD, representing a -11.27% from the day prior.
Where is the best place to buy Scallop (SCLP) in Australia?
The best place to buy Scallop (SCLP) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Scallop (SCLP) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Scallop (SCLP)?
The trading volume of Scallop (SCLP) is $8.9K AUD in the last 24hrs, representing a -11.27% from the day prior.
How can I buy Scallop (SCLP)?
Scallop (SCLP) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Scallop (SCLP)?
The current market cap of Scallop (SCLP) is $18.6M AUD.
Can I convert Scallop (SCLP) to cash?
Yes - With Coinstash you can convert your Scallop (SCLP) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Scallop (SCLP) are there?
The current circulating supply of Scallop (SCLP) is 76.2M.
Is Coinstash a safe place to buy Scallop (SCLP) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Scallop (SCLP) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.