About ScallopX

ScallopX is a one-stop solution for users who want to make Cryptocurrency trading and Banking services in a faster and more efficient way.

Bringing Crypto Currency into mainstream use.

We are the first decentralized crypto banking service provider that allows users to trade cryptocurrencies directly from any supported Hardware wallet.

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Key features of ScallopX

Full control of your crypto and your keys

You are in control of all your digital assets. Easily manage SPC, BTC, ETH, and your other ERC-20 tokens from your Hardware wallet using ScallopX Daap.

Convenience at your fingertips

Connect your hardware Wallet to the ScallopX Daap and with one click, you can exchange from crypto to FIAT and vice-versa.

The fastest way to Buy and Sell Cryptocurrency

Using ScallopX UK/EU Bank account users can buy/sell cryptocurrency within seconds.

Security is our top priority

We are equipped with

  • Biometric Authentication
  • 2-Factor Authentication
Scallop Coin

About Scallop Coin

Scallop Coin(SPC) is a native coin of the ScallopX platform that empowers the ScallopX Ecosystem. SPC has multiple uses:

For receiving trading bonus payments and much more

As a stake to open a bank account

Payment of transaction fees

Solutions

Scallop Exchange

  • Cryptocurrency buy and sell
  • Cryptocurrency Exchange
  • Launchpad

Scallop Bank Accounts

  • European IBAN and UK Personal and Business bank Accounts
  • Outgoing payments in multiple currencies
  • Speedy settlement of payments
  • Cryptocurrency friendly

Scallop Card

  • A card linked to a Cryptocurrency bank account for payment of transactions
  • Scallop card is issued in GBP or EUR
  • An instant virtual debit card

Scallop Pay & Transfer

  • Safe and secure
  • Great rates and low fees
  • Constantly checked against competitors
  • Direct to account in more than 90 countries

Scallop Defi

  • Collateralised finance involving Cryptocurrencies
  • Lending/Burrowing
  • Yield Farming
  • Swap

Scallop Hardware Wallet

  • Secure crypto element : EAL 5+ financial grade crypto chip, solidly protecting your private key
  • 100% offline : Prevent any risks from USB, Bluetooth, Wi-Fi, NFC or other radio frequencies
  • Multi-layer security schemes : Embedded with self-destroy and key-erasing mechanism, protecting your asset from any hacking cases
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Scallop Exchange

We give you the power to use your money, your way, on one seamless payment platform. Buy, store, exchange and spend your digital or traditional currencies, anytime, anywhere.

Cryptocurrency buy and sell

Cryptocurrency Exchange

Launchpad

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Scallop Accounts

Easily buy, store and exchange digital and traditional currencies anytime, wherever you are in the world. ScallopX, secure accounts give you full control over your money:

Get EU/UK personal and business accounts with instant virtual cards and debit cards

Send funds in and out of your account via transfer (SEPA/SWIFT/Faster Payments*).

Track and manage your bank account with instant in-app messages.

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Scallop Card

The Scallop Card earns Bitcoin rewards with every in-store purchase and gives you the power to spend your cryptocurrency in everyday life. It’s your money, take control.

Spend local currency with Scallop Cards in GBP, EUR or USD

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Scallop Pay & Transfer

Direct to account in more than 90 countries

Constantly checked against competitors

Register in less than 2 minutes

Great rates and low fees

Better than the banks

Safe and secure

Convenient

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Scallop Defi

Scallop is on the latest trend on Defi innovation Leverage swapping, lending on all major protocols, One stop solution for AMM and yield farming.

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Scallop Hardware Wallet

Secure crypto element
EAL 5+ financial grade crypto chip, solidly protecting your private key

100% offline
Prevent any risks from USB, Bluetooth, Wi-Fi, NFC or other radio frequencies

Multi-layer security schemes
Embedded with self-destroy and key-erasing mechanism, protecting your asset from any hacking cases

  • Scallop HD wallet is issued by SafePal, backed by Binance
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Experience ScallopX App

Mobile app will launch in 2021

*Some users might face compatibility issue based on the device model

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Experience ScallopX App

Mobile app will launch in 2021

*Some users might face compatibility issue based on the device model

team

Core Team

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Raj Bagadi
Founder & Chief Executive Officer
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Raj Bagadi, MSc.

Founder & Chief Executive Officer

15+ yrs’ Cryptocurrency trading & start-up entrepreneur Domain expert & Crypto Technology product designer Successfully lead several technical start-ups.

MSc Aeronautical & Aerospace Engineering.

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Mindy Bejawn
Co-Founder & COO
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Mindy Bejawn, BSc(Hons)

Co-Founder & COO

40+ yrs’ experience in the High Technology sector.

Technical Manager & Principal Engineer.

BSc Electronic & Communications Engineering.

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Amrit Mirchandani
Head of Marketing
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Amrit Mirchandani

Head of Marketing

10+ years experience in the Export-Import(Global Trading) Field

3+ years in Bloackchain and Cryptocurrency Marketing

Bachelors of Business Studies Specializing in Economics and International Business

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Hargobind Gupta
CTO
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Hargobind Gupta, BTech.

CTO

10+ yrs developing software & apps for Fintech industry.

Implemented Blockchain Infrastructure & DeFi space in Crytpo start-ups.

BTech. Electronics & Communications Engineering.

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Kim Kam
Head of PR
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Kim Kam

Head of PR

Experienced and reflective education practitioner.

A trusted learning programme designer directing the team to adopt curriculum and assessment that fits the ever-changing needs of students.

Proactive coordinator liaising professionals and organizations to bring new practice to the teaching society. A reflective communicator with detail-orienting project management skills.

Seeking position that suits a keen learner possessing outstanding generic skills.

Advisory Team

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Gilbert van Roon
Regulatory Advisor
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Gilbert van Roon, BA (Hons)

Regulatory Advisor

Compliance & Regulatory Advisor.

Founder & Managing Director of Fintech compliance limited.

Assisting Fintech start-ups in regulatory licensing in the finance sector.

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Kayne Osbourne
Compliance Advisor
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Kayne Osbourne

Compliance Advisor

Domain expertise in payments, investment, insurance and consumer credit.

Helping established and aspiring FinTech firms navigate financial regulation and obtain FCA authorisation. Chartered Member of the Chartered Institute for Securities and Investment

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Oriol Caudevilla
Strategic Advisor
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Oriol Caudevilla

Strategic Advisor

Passionate about the Future of Banking and Finance, and a strong believer in digital transformation and artificial intelligence

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Nicodemus Nyamupachitu ACA
Fintech Advisor
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Nicodemus Nyamupachitu ACA, CA(SA)

Fintech Advisor

Qualified Chartered Accountant, South Africa and England & Wales.

Over 10 years experience in financial services, currently focused on payments & fintech industry.

Technical Advisory Team

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Abhishek Mehta
Technical Advisor
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Abhishek Mehta

Technical Advisor

Technopreneur with 10+ years of experience.

Master Degree - Business Administration.

Advisor for Tech. Startups.

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Jeetesh Gajjar
Technical Advisor
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Jeetesh Gajjar

Technical Advisor

25+ years of experience in various domains, majority of which is in Information Technology.

Master Degree in Computer Science.

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Deep Yadav
Solution Architect
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Deep Yadav

Solution Architect

12+ years of technology experience.

Master Degree in Computer Science, worked as a Solutions architecture in number of startups over last 10 years in his professional experience.

FAQs

Below we’ve provided a bit of information about ScallopX, Scallop Coin,cryptocurrencies, and few others. If you have any other questions, please get in touch via email.

What is ScallopX?

ScallopX uses blockchain technology to provide a safe and secure fintech solution that will bridge the separation of traditional banking from cryptocurrencies. A one-stop solution for users who want to make Cryptocurrency trading and exchange to fiat currencies faster and more efficient.

You can purchase Tokens with Etherum at launch. Bitcoin is coming soon.

User needs to register on our website and follow the KYC procedure, once the user is whitelisted (KYC is approved). They can participate in the token sale.

Once token is purchased, users can benefit from price increase which takes place at every token sale.

What is Ethereum?

Ethereum is the second largest cryptocurrency by capitalization, which was created by Vitalik Buterin in 2015. The main difference between Ethereum and Bitcoin is the presence of smart contracts in the Ethereum network. Smart-contracts are the programs that allow you to conduct secure financial transactions between participants and the fulfillment of the conditions of which rests on algorithms rather than people.

To start buying Ethereum, user needs to identify a platform for trading and create an account on that platform. Once account is created, the user can deposit currency based on their county and start trading ETH.

Bitcoin is a virtual digital coin designed for payments without intermediaries. It is believed that Bitcoin was invented by a certain Satoshi Nakamoto in 2009. All transactions in the bitcoin network are recorded in a database (blockchain), which is distributed among thousands of computers around the world, which makes bitcoin virtually uncontrollable. Bitcoin is the first cryptocurrency in terms of capitalization, which allows traders to earn money on it at the expense of a floating rate.

At Launch, users will only be able to purchase our tokens using Ethereum but we do have plans to introduce Bitcoin purchase soon.

Where can I see my balance?

Once you login into our Dashboard, you will be able to check your balance there.

Our Dashboard is the perfect place to update your info.