SCR (Scroll) Coin Price, Air Drop, Launch | Where to Buy & Sell SCR

With the recent launch of its native currency SCR, Scroll, the Ethereum layer-2 scaling solution, took a big step toward its decentralization objectives.

Oct 10, 2024 - 07:18
Oct 12, 2024 - 05:08
SCR (Scroll) Coin Price, Air Drop, Launch | Where to Buy & Sell SCR
SCR Coin

With the recent launch of its native currency SCR, Scroll, the Ethereum layer-2 scaling solution, took a big step toward its decentralization objectives. Zero-knowledge technology called zk-rollups is the foundation of Scroll's architecture, which aims to improve the Ethereum network's scalability and security. In this system, SCR is essential because it serves as the platform's governance token and powers network decision-making. On the other hand, Scroll decentralizes the prover and chain nodes, which are responsible for transaction ordering and verification.

To improve its decentralized network, Scroll, a scaling solution for the Ethereum layer 2 blockchain, has introduced SCR, its native coin. The Scroll ecosystem will be heavily reliant on the SCR token, particularly as Scroll moves toward decentralizing its blockchain and proof-of-stake processes.

SCR Airdrop

A significant airdrop of Scroll's SCR token, accounting for 7% of the entire supply, is planned. Early users of the Scroll platform who have interacted with the testnet and mainnet are the target audience for this airdrop. October 22, 2024, will mark the start of the first wave of airdrops, which will be used to reward early involvement and community engagement.

How to Get SCR Airdrop

SCR Token launch on the Binance exchange in the next Few Hours, but you can deposit FDUSDT & BNB to Launchpool and Enjoy get free SCR Airdrop before launch. 

Join the Binance Launchpool: Users can farm SCR by staking their FDUSD or BNB tokens there.

Take part in the Airdrop: Beginning on October 22, 2024, early-eligible Scroll users will receive SCR tokens through Airdrop.

Purchase and Trade on Binance: SCR will be available for trading on Binance as of October 11, 2024. Just deposit money, then trade SCR for other pairs, such as BNB or USDT.

How to Buy, Sell, and Trade SCR

Through the SCR offering on Binance Launchpool, users can stake other cryptocurrencies to earn SCR. October 9, 2024 marked the start of the farming process, which would run until October 10, 2024, with 5.5 million SCR tokens available for farming. Here's how you can take part:

Where to Buy SCR

To farm SCR, users can stake their FDUSD or BNB tokens on Binance. FDUSD investors receive 15% of the agricultural benefits, while BNB investors receive the lion's share (85%).

SCR Sell

Users can utilize the Binance trading platform to sell SCR. Just decide which SCR trading pair to use (for example, SCR/USDT) and confirm how much SCR you want to sell.

How to Mine SCR (Scroll) coin

Like other cryptocurrencies, mining SCR (Scroll) coins entails a few processes. Here's a basic overview to get you going:

  1. Select Your Mining Hardware: To mine SCR coin effectively, you'll need specialized mining hardware, including ASIC miners. 
  2. Download Mining Software: Make sure you have the right mining program for SCR coins. Usually, the cryptocurrency's official website has this software available. 
  3. Establish a Wallet: To store your mined SCR currencies, create a digital wallet. Make sure the wallet you select is reliable and safe. 
  4. Set Up Your Mining Software: On your PC or mining hardware, install and set up the mining software. Entering your wallet address and other settings may be required for this.
  5. Join a Mining Pool: To improve your chances of winning rewards, think about signing up for a mining pool. In order to increase productivity and reward distribution, mining pools pool the processing power of several miners.

What is the SCR Coin price?

The price of Scorum Coin (SCR) is $0.05829 today with a 24-hour trading volume of $25,656.90. This indicates a price increase of 199.11% over the last seven days and 200.48% during the previous 24 hours. The market capitalization of Scorum Coin is $553,014, with 9.5 million SCR in circulation.

What is Scorum Coin's (SCR) all-time high?

On September 21, 2018, almost six years ago, $0.4748 was the highest price ever paid for Scorum Coin (SCR). In contrast, the price at which it is currently trading is 87.67% less than its all-time high.

What is Scorum Coin's (SCR) all-time low?

On April 13, 2022 (more than two years ago), $0.00006764 was the lowest price ever paid for Scorum Coin (SCR). In contrast, the price at which it is currently trading is 86,432.23% more than its all-time low.

Gulfam Ali The need for intelligent, informed, and interesting content is more than ever as the Bitcoin ecosystem develops and grows. Gulfam Ali is a committed cryptocurrency writer who adds nuance and understanding to the convoluted realm of blockchain technology and digital currencies. Passionate about blockchain technology, cryptocurrency markets, and decentralized finance (DeFi), Gulfam Ali has become a respected industry voice by generating excellent guides, articles, analysis, and thought leadership material.