How to buy SCA on the BYDFi App?

For those inquiring how to buy SCA on the BYDFi app, continue with the step-by-step guide to buy crypto:Install BYDFi from your preferred app store and open an account.Complete KYC in order to use all the trading features and higher withdrawal limits.Click on "Add Funds," choose your payment option (bank transfer, credit card, or third-party provider) and add fiat or crypto.Enter SCA and click on the SCA/USDT.Type in the amount you want to buy and set a market or limit order.When your order is fulfilled, SCA will be in your BYDFi wallet. For extra security, move your tokens to a personal crypto wallet.This is easy to do, quick, and safe, so BYDFi is suitable for new as well as experienced crypto investors.Download the BYDFi app from the App store of your device: it is available on both <a href="https://play.google.com/store/apps/details?id=com.bydfi.app" target="">Android </a>and <a href="https://apps.apple.com/us/app/bydfi-buy-btc-eth-doge/id6444251506" target="">iOS</a>.For more help, visit our Help Center or email us at <a href="cs@bydfi.com" target="_blank">cs@bydfi.com</a>

How To Invest In SCA For Beginners: Step-by-step Guide

SCA investing in digital currency for beginners involves understanding how to invest in digital currency, knowing how to trade cryptocurrency, and deciding should I invest in cryptocurrency? Below is a step-by-step guide to buy crypto as per 2025 insights:Start SmallThe best way to invest in SCAor any crypto is to start with small amounts. This is going to let you learn the platform and understand how to trade in cryptocurrency without risking large losses during market volatility.Learn Crypto TradingTake some time to learn crypto trading strategies. That's because learning how and when to buy or sell will improve your chances of success.Understand FeesChecking transaction and withdrawal fees before buying or selling is crucial. Even the best way to buy cryptocurrency involves some cost—knowing skills.Stay Updated on Cryptocurrency RegulationStaying informed about cryptocurrency regulation allows you to make smarter decisions.Use Two-Factor Authentication (2FA)Always enable 2FA on your crypto accounts to protect your funds and personal data from unauthorized access.Watch Out for ScamsBe cautious of unsolicited offers or promises of guaranteed returns. For real cryptocurrency advice, trust only verified platforms or sources.

How to buy SCA for low fees?

Smarter Way to Buy SCAWhen you are looking for the best app to buy crypto, being able to choose the right platform is crucial. You should always opt for the best crypto exchanges like BYDFi, which means being capable of enjoying benefits from lower trading fees. It can also help you obtain more and more from your investment. It has nothing to do with high-fee platforms, BYDFi has the ability to grow your holdings without watching profits disappear into costs—making it a top choice for those seeking a no-fee crypto exchange.Do you want to Use Promotions and Fee Reductions to Your Advantage? BYDFi has the ability to launch many exclusive campaigns with trading fee discounts and many bonus rewards. If you keep checking the Spot Event page often, you will be able to stay updated on many deals and never miss any interesting opportunity to save.

What is the max supply of SCA?

SCA has a maximum SCA supply of 250,000,000 tokens and is therefore a crypto with limited supply. Only an absolute maximum of 250 million SCA can ever be produced as it is encoded into the protocol. It's a fixed supply model that is implemented to generate scarcity, which can help to drive long-term value if demand for SCA and its related DeFi and launchpad services grows. As more users enter the Scallop ecosystem and new projects are brought out via its platform, capped supply can be the key driver for price appreciation. Capped supply is a trendy structure for new tokenomics that would prefer not to have inflation and align the incentives of traders, long-term holders, and ecosystem contributors. Please ensure to verify with BYDFi for the most up-to-date supply information and token distribution status.

How many SCA are in circulation/in existence?

As of today, all SCAs are in circulation is not accurate; currently, about 112–113 million SCA are circulating, which is roughly 45% of its circulating supply. The remaining tokens are subject to vesting schedules and will be released over time according to the project’s roadmap. To put it into perspective, how many cryptos are there or how many altcoins are there: as of June 2025, there are more than 37 million unique cryptocurrencies, but only a very small percentage of them are traded actively or have any significant adoption. Knowing the difference between circulating and total supply is essential in ascertaining a token's scarcity and possible price. BYDFi has certain information about circulating supply, thus you can trade or invest in SCA wisely.

SCA is the utility token of Scallop, a DeFi lending protocol built on the Sui blockchain. The Scallop lending mechanism lets users deposit assets into liquidity pools, earning interest as others borrow these funds. Depositors receive sCoins (like sUSDC or sSCA), which represent their share of the pool and accrue interest over time—the sCoins yield system. Borrowers must supply adequate collateral, and interest rates are charged dynamically based on usage of the pool: greater demand equals greater rates.SCA staking rewards are received for having SCA tokens locked, topped with yield and, through the veSCA mechanism, governance contribution. Scallop also provides sophisticated DeFi functionality such as flash loans on Sui, allowing customers to take out assets without collateral if the loan is paid back in one transaction block. For developers, the Scallop SDK for developers (TypeScript) to access APIs that allow developers to interact with the protocol, query on-chain data, handle lending contracts, and program DeFi plans so that users and developers can use Scallop.

To purchase SCA, BYDFi is your best exchange to do so in a convenient and secure manner. The other platforms can say "Buy SCA on Gate.io," "SCA DEX trading pairs," or "Scallop CEX listings," but BYDFi provides an un-daunting experience. Sign up and KYC on BYDFi, deposit via credit/debit card, bank transfer, or crypto, and navigate to the spot trading page. Look for SCA and click on the SCA/USDT pair to purchase SCA with USDT. BYDFi is very liquid, thus allowing effective trades and low slippage, making one of the top exchanges to trade SCA. For safety, withdraw your SCA to a private wallet—supported wallets include MetaMask, Trust Wallet, and hardware wallets. BYDFi does not support SCA P2P exchanges, but its centralized platform offers robust security, reliable trading volume, and easy access for both beginners and advanced users.

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How to Buy Scallop(SCA)

Buy Scallop(SCA) and other popular cryptocurrencies on BYDFi with fast, secure trading and low fees. Whether you're a beginner or a professional, BYDFi offers a variety of purchase options to suit your needs. Start investing today and check out our guide to easily buy Scallop(SCA) with minimal fees!

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Last Updated: 2025-08-15

Steps to Buy Scallop

If you prefer to be reminded of how to get SCA, the best way to buy is through BYDFi, a secure and user-friendly platform for new and professional crypto investors. Start by registering on the BYDFi website or mobile app and perform KYC verification in order to enjoy full rights of withdrawal and trading. Then fund with a credit/debit card, bank transfer, or fiat gateway like Banxa or Transak that has SCA support. Funded, go to the spot trading menu and locate SCA. Click SCA/USDT pair. Buy your amount with a market order or limit order. Once you've bought, a good practice is to get a crypto wallet, i.e., MetaMask, Trust Wallet, or a hardware wallet, to hold in safety in the long run. This puts you in full control of your SCA and protected from exchange risk, though exposed to engage with DeFi or staking opportunities as they evolve.

Buy SCA on BYDFi in Simple 3 Steps:

Step 1: Sign up a Free BYDFi Account BYD.1752547515702.Step1.png

Register using your phone/email number and native country, then create a safe password to lock your account in order to start your BYDFi experience.

Step 2 : Secure Your Account BYD.1752547521846.Step2.png

Kindly verify your identity to ensure full compliance and enhance your BYDFi experience.

Enable Google Authenticator (2FA), set up an anti-phishing code, and a fund password to add an extra layer of security to your account.

Step 3 : Buy SCA BYD.1752547528150.Step3.png

You can purchase SCA on BYDFi using various payment methods. We will guide you through the operation:

Option 1 : Buy SCA with Cryptocurrency on BYDFi Spot Trading

The BYDFi spot market supports over 600 digital assets and is the most popular platform for purchasing SCA. Here’s how to buy:

Open BYDFi Buy Crypto service.

Transfer your cryptocurrency to your BYDFi account.

Select the 'Spot Trading' under 'Trade' button. Search for the SCA trading pair on the BYDFi spot market. Place an order to exchange your existing cryptocurrency for SCA.

Once your order is successfully executed, you can view the available SCA in your account assets.

Why Choose BYDFi to Buy Scallop

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Why Choose BYDFi to Buy Scallop

Safe and Reliable

BYDFi's Proof of Reserves (PoR) mechanism offers robust security for your funds. As a Forbes-recommended exchange, we have gained the trust and support of over 1,000,000 users worldwide.

High Liquidity

BYDFi offers a fast and reliable trading experience with support for 900+ major cryptocurrencies, making it an ideal choice for both beginners and professional investors.

Simple and Intuitive

At BYDFi, purchasing Scallop is quick and easy. Whether you are a beginner or a professional trader, our intuitive interface allows you to complete transactions effortlessly in just a few steps. Register on BYDFi now and experience a seamless cryptocurrency purchasing process!

Wide Variety of Tokens

BYDFi supports over 900 cryptocurrencies, making it the ideal platform to buy Scallop and other digital assets. Users can easily trade and exchange assets to meet their needs!

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Disclaimer

The content displayed on this page comes from verified BYDFi users and/or data and feedback from other third-party sources. All information is for reference only, and BYDFi makes no representations or warranties of any kind regarding its accuracy. The displayed price predictions may be inaccurate, and future prices may differ significantly from the forecasts. Do not rely on these results for investment decisions. Token price predictions do not constitute financial advice and are not intended to recommend the purchase of any specific product or service. If you trade or invest based on the information on this page and incur losses, you may not recover your invested funds, and BYDFi is not responsible for any potential losses. The prices of digital assets are subject to market risks and volatility, meaning their value may rise or fall, and you may even lose your initial capital. BYDFi recommends carefully assessing your investment goals, financial situation, risk tolerance, and relevant experience before making investment decisions. If necessary, seek advice from an independent financial advisor. Past market performance is not a reliable indicator of future results, so only invest in products you understand and can afford to risk. This statement is for general informational purposes only and does not constitute investment advice.

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