How to Buy Scroll (SCR)

Learn all about Buy Scroll

Scorum Coins (SCR) is a token issued on the scroll. Through the collective efforts of the Scorum Coins development team and community members, the number of applications supporting SCR has been gradually increasing, demonstrating significant potential within the crypto industry. More and more people are becoming interested in Scorum Coins. They wish to invest or purchase Scorum Coins (SCR), but may not know how to get started. Here, we will guide you through all the information you need to know about purchasing Scorum Coins. Regardless of your location, Bitrue can provide you with a simple and secure way to buy SCR.

Where and how to buy Scorum Coins

Scorum Coins (SCR) is currently not available for fiat and spot trading on Bitrue exchange. However, you can purchase SCR on decentralized exchanges (DEX). Simply connect your crypto wallet to a DEX, choose the SCR trading pair, and complete the ordering process. Here is a step-by-step guide on purchasing SCR:

Steps to Buy Scorum Coins (SCR)

Step 1 Create a Wallet

Choose from various cryptocurrency wallets, including digital wallets and hardware wallets. Typically, creating a cryptocurrency wallet is as simple as installing an application on your phone or computer. When you install the application, your cryptocurrency wallet is automatically created following the installation steps. Remember to note down your mnemonic phrase or private key during wallet creation, as the loss of this information will result in permanent loss of the digital assets stored in the wallet. Once your wallet is created, you can immediately transfer cryptocurrency to it, securely store it, and use it as you wish.

Step 2 Wallet Setup

Configure your wallet with a blockchain network protocol compatible with Scorum Coins (SCR), ensuring that your cryptocurrency wallet can receive SCR.

Step 3 Choose a DEX

Select a decentralized exchange (DEX) that supports Scorum Coins (SCR) trading. Popular DEX platforms include Uniswap, SushiSwap, PancakeSwap, etc., depending on the blockchain network hosting SCR.

Step 4 Connect Wallet

Connect your cryptocurrency wallet to the chosen DEX. This connection allows you to trade directly from your wallet without the need for a central intermediary.

Step 5 Choose SCR Trading Pair

Locate the SCR trading pair on the DEX platform (DEXs typically list tokens in pairs, such as SCR/ETH, SCR/USDT, etc.). Ensure your wallet has enough cryptocurrency to pay for the desired amount of SCR you want to purchase.

Step 6 Confirm Order

Decide on the type of trade you want to execute. DEX platforms offer options similar to centralized exchanges, such as market orders and limit orders. Confirm and execute your trade.

Step 7 Verify Transaction

Transactions on DEXs are recorded on the blockchain. Verify the completion of your trade on the blockchain explorer using your wallet address.

Step 8 Store Securely

After the transaction is completed, SCR will be automatically stored in your blockchain network wallet address. You may also consider transferring your SCR to a hardware wallet to enhance security, especially if you plan to hold it for the long term. This significantly reduces the risk associated with keeping digital assets in an online wallet.
Decentralized exchanges offer greater privacy, transparency, and control over your assets. However, they may have lower liquidity compared to centralized exchanges, and transactions can sometimes be associated with higher fees depending on the blockchain network. Always conduct thorough research on the chosen DEX and understand its features before initiating transactions.

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Alternative methods to acquire Scorum Coins

Apart from directly buying Scorum Coins (SCR), what are the alternative methods to acquire Scorum Coins ?

Fixed Auto-Investment in SCR

Regularly invest a fixed amount at scheduled intervals in Scorum Coins (SCR) digital assets, enjoying both short-term returns and long-term benefits.

Staking SCR

Flexible staking of Scorum Coins (SCR) digital assets to earn interest or high returns in other cryptocurrencies.

Get Scorum Coins (SCR) for free

If you have enough time, you can obtain Scorum Coins for free through the following methods:

- Invite friends to join the Bitrue coupon event and earn free Scorum Coins (SCR).

- Join the Bitrue Rewards Center, participate in ongoing challenges and airdrops to receive free Scorum Coins.

- All cryptocurrency airdrops and rewards can be exchanged for SCR through coin-to-coin exchange or spot trading.

How to keep your Scorum Coins safe and secure

Once you have purchased Scorum Coins, it is crucial to store it in a secure location.

If you are highly familiar with operating on-chain Scorum Coins wallets, you also have the option to store Scorum Coins (SCR) separately in a personal encrypted wallet. This wallet serves to keep your Scorum Coins secure and accessible, allowing you to send and receive it while maintaining control.

To ensure the security of your Scorum Coins, consider the following types of encrypted wallets:

- Mobile Wallets: Store your private key in an application on your smartphone.

- Web Wallets: Third-party-controlled online servers that store your private key.

- Desktop Wallets: Computer programs that allow you to store your private key on a hard drive.

- Hardware Wallets: Physical devices for offline storage of private keys.

Note: Cryptocurrency wallets do not technically store your Scorum Coins encrypted assets. Instead, the assets remain on the blockchain, and access is granted using the digital private keys stored in the wallet.

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Some market stats about SCR

Price Analysis

SCRScroll Price Now:

$0.78-7%24H

Scroll is falling this week.

The price of Scroll has dropped by -4.64% in the last 7 days. It has seen a -7.47% decrease in the past 24 hours and a -0.12% decrease in just the last hour. The current price is $0.78 per SCR. Scroll is dropped -41.35% from its all-time high of $1.33.

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Calculate the Returns on Your Scroll Investment

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Returns based on the average Scroll price for that year. Not financial advice.

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How to buy other cryptocurrencies

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FAQ About Buy Crypto

What is Scorum Coins?

Scroll (SCR) is a cryptocurrency and operates on the Scroll platform. Scroll has a current supply of 1,000,000,000 with 190,000,000 in circulation. The last known price of Scroll is 1.15902979 USD and is up 1.28 over the last 24 hours. It is currently trading on 3 active market(s) with $8,815,890.71 traded over the last 24 hours. More information can be found at https://scroll.io/.

Why are people buying Scorum Coins?

People buy Scorum Coins for various reasons. Some view it as an investment, expecting its value to increase, while others appreciate its decentralization and anonymity, seeking to avoid restrictions of traditional financial systems. Additionally, Scorum Coins serves as a digital asset with transactions independent of central authorities. Overall, motivations for purchasing Scorum Coins include investment, risk diversification, and trust in new digital assets.

Should I buy Scorum Coins?

Deciding whether to buy Scorum Coins depends on individual financial goals, risk tolerance, and understanding of the digital asset market. Scorum Coins investments involve market volatility and risks, so it's advisable to thoroughly understand its characteristics and market conditions before purchasing. If you have investment experience, can withstand price fluctuations, and are willing to accept potential losses, buying Scorum Coins (SCR) may be a suitable investment choice. However, remember that all investments come with risks.

How much does it cost to buy 10 SCR?

To purchase 10 SCR, the cost in USD would be $7.8.

What can I do with Scorum Coins?

You can use Scorum Coins to pay for goods and services, invest, transfer and remit, preserve assets, participate in DeFi, donate, and more.

Disclaimer

Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You are solely responsible for your investment decisions and Bitrue is not liable for any losses you may incur. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information provided on this platform and any associated materials are for informational purposes only and should not be considered as financial or investment advice.

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