SafePal is a cryptocurrency wallet that pairs hardware and software wallets via the SafePal app. SafePal supports 32 blockchains and over 30,000 tokens and is backed and funded by Binance. SFP is the utility token of SafePal and can be used for discounted fees, staked to earn yield through SafePal and also acts as a governance token. SafePal is secured by a proof of stake (PoS) consensus mechanism and utilises the Binance Smart Chain (BSC) blockchain.