Steel League Review: Is It the Steelcoin X Project?
Steel League’s identity is unclear: steelcoin.com presents Steelcoin X, a token linked to physical steel. Confirm you have the right project before taking any steps.
By the SkyBitcoins review team · Updated
At a glance
Steel League key facts
| Category | Real-World Assets |
|---|---|
| Site branding | Steelcoin X, not Steel League |
| Token | SCX |
| Claimed use | Redeemable for hot-rolled steel coils |
| Redemption | Whole coils; no cash redemption |
| Chains | Ethereum |
| Updated |
Steel League FAQs
Is Steel League the same project as Steelcoin X?
The site at steelcoin.com identifies its product as Steelcoin X, not Steel League. The relationship between Steel League and Steelcoin X is not established.
What does Steelcoin X claim to do?
Steelcoin X is described as a utility token that can be redeemed for hot-rolled steel coils under the whitepaper’s conditions. The site says redemption is for whole coils, not cash.
Can you redeem SCX for cash?
No. The site says SCX can only be exchanged for hot-rolled steel and cannot be redeemed for a monetary value.
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How we checked
Sources
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