What is SafePal (SFP)

SafePal or SFP (SFP/USDT – Trade it here) is your pal in crypto asset management. It is a digital asset wallet that provides users a secure and user-friendly platform to store all their digital assets. Basic information for the SFP Token is available on the MEXC Digital asset introduction page.

How to buy Safepal (SPF)
What is SafePal (SFP)

How Does it Work

SafePal was founded in 2018, and backed by Binance. They provide hardware and software crypto wallets that protect users’ assets. Furthermore, they are a decentralized, offline, and open-sourced hardware wallet that enables advanced security features. Safepal’s ecosystem branches into two main categories, hardware, and software.

SafePal Hardware Wallet

In terms of hardware, they produced the ‘S1 Hardware wallet’ and ‘Cypher Metallic Seed Board’. S1 hardware wallet has cutting-edge security measures such as the EAL5+ chip, TRNG, self-destruct mechanism, and many more. Furthermore, It supports 21 coins, 15,000+ tokens, and all NFT standards. You can pair and manage it using the SafePal app. Cypher Metallic Seed Board, on the other hand, is a close to indestructible seed board. It is a 304-grade stainless steel. It is resistant to water, salt, fire, and corrosion. Additionally, it has a fireproof limit of 2548.4 Fahrenheit (1398 Celcius). Almost indestructible right? It is everything we need in one wallet!

SafePal Softwares

SafePal provides beyond the scope of wallets. Currently, they included a lot of features for users to explore. In their software, you can manage your wallets, buy, swap, and exchange tokens, earn, and access to different dApps!

  • SafePal Software Wallet
    • Their software wallet is easy-to-use. It has a simple and intuitive design for all users. Furthermore, it has a built-in Passphrase, security password, fingerprint lock, and pattern lock. All to ensure maximum security.
  • SafePal Swap
    • Their swap software is an automated market-making protocol. Users may immediately swap tokens on a variety of blockchains such as Ethereum, Bitcoin, and Binance Smart Chain.
  • SafePal Trade
    • they integrated Binance Spot trading platform into their app. This allows users to trade seamlessly and immediately on their app itself.
  • SafePal Earn
    • SafePal Earn is an aggregator that collects all wealth creation programs on the market. Users may examine, search, and pick programs with varying APYs based on their own risk tolerance. This will greatly benefit SFP holders who stake SFP.

Recent Price & Performance of SafePal (SFP)

SFP is the native and governance token for SafePal. It powers the SafePal ecosystem and provides SFP holders the power to vote. Currently, the market price for SFP is $0.5215 per unit. They have a market cap of $56,303,839 and a fully diluted market cap of $262,352,751. You can check the live price of their token right here!

How to buy SafePal (SFP)

You can buy SafePal (SFP) on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “SFP” using the search bar to see the available trading pairs. Take SFP/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of SFP you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy SFP] to confirm your order. You will find the purchased SFP in your Spot Wallet.

You can find a detailed guide on how to buy SFP here.

Keep Yourself Updated With The Crypto Trend

Check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! What’s more, MEXC lists moonshots and offers access to trade major cryptocurrencies. Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

Share your love to MEXC Global
Default image
Wilbur Kwok
Articles: 384