What security measures does Swyftx implement?

Swyftx employs a range of advanced security measures to protect user funds and personal information and has been awarded ISO27001 certification for information security. Swyftx also conducts regular security audits. You can find more information on our security practices here.

What deposit methods does Swyftx support?

You can deposit Australian dollars (AUD) into Swyftx via a number of methods including: Bank transfer OSKO PayID Credit or debit card Swyftx also allows you to deposit cryptocurrency from another wallet into your account.

What are Swyftx's trading fees?

Swyftx has a trading fee of 0.6% for all buy and sell orders. In addition to the trading fee, Swyftx applies a spread to each cryptocurrency trade.

Buy Scroll (SCR)

SCR

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Global Rank

#432

Market Cap

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1 SCR = $0

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Scroll Price

About Scroll (SCR)

Scroll (SCR) is a Layer 2 scaling solution launched in 2024, designed to enhance Ethereum’s scalability while remaining compatible with its ecosystem.

Scroll leverages zero-knowledge rollup (zk-rollup) technology to improve transaction speed and reduce costs for users and developers on the Ethereum network. Essentially, Scroll takes Ethereum transactions off-chain, executes them on a separate chain, bundles them in a single batch, and submits a compact zk-proof for Ethereum validators to complete the process.

Scroll is fully compatible with Ethereum's Virtual Machine (EVM), allowing for seamless migration of existing decentralised applications (dApps). The platform operates on a three-layer architecture: the Settlement Layer ensures data availability and verification on Ethereum, the Sequencing Layer executes and batches transactions into Layer 2 blocks, and the Proving Layer generates zk-proofs for state transitions.

The SCR token, launched on October 22, 2024, powers the Scroll ecosystem, serving as the transaction fee currency for the network and providing incentives to provers who generate zk-proofs. Additionally, users can stake SCR to earn rewards and contribute to network security. It’s also used for governance, allowing holders to participate in the Scroll DAO and vote on protocol upgrades and decisions.

Resources

scroll.io

@Scroll_ZKP

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Scroll FAQs

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Where is the best place to buy Scroll?

The best place to buy Scroll is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Scroll and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be one of Australia's highest-rated crypto exchanges as per our TrustPilot reviews.

How is the price of Scroll determined?

The price of Scroll is determined by the forces of supply and demand in the market. Similar to other assets, the price of Scroll is determined by the number of buyers and sellers in the market at any given time.

Some significant factors that can influence the demand for Scroll are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

Can I buy Scroll with credit card?

Swyftx does not allow you to directly buy Scroll with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy Scroll instantly.

Top Traded Assets on Swyftx

By number of orders

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Period: Last 24 hours (AUD)

SCR Buys and Sells

By number of orders

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Period: Last 24 hours

This should not be used to make investment decisions.

Disclaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.