Buy SafePal (SFP)
What is SafePal?
SafePal is a comprehensive cryptocurrency wallet that enables users to securely manage their digital assets. It offers both hardware and software wallet solutions that can be managed through the SafePal App. SafePal was notable for being the first hardware wallet invested in and backed by Binance. The SafePal Token (SFP) is the utility token that fuels their entire ecosystem and is issued on the Binance Smart Chain.
How does SafePal work?
SafePal integrates hardware and software solutions to offer secure cryptocurrency management. The hardware wallets, such as SafePal S1 and X1, use advanced security features like the EAL5+ secure element and an air-gapped signing mechanism to ensure the protection of private keys. SafePal supports over 30,000 tokens across 33 blockchains and provides functionalities like token swapping, fiat on-ramp, and support for smart contracts and decentralised applications (dApps) through integrations with services like Binance and WalletConnect.
What are the potential use cases for SafePal?
SafePal's potential use cases include secure asset management, facilitating trading, and token swaps using Binance Dex and Binance Spot Trading. It also provides a fiat on-ramp for purchasing cryptocurrencies with traditional currencies. The SFP token can be leveraged for community governance, participating in decision-making processes, and enjoying incentives such as airdrops, staking rewards, and more. SafePal's support for NFTs also enables users to manage and store NFTs within their wallet environment.
What is the history of SafePal?
SafePal was founded in 2018 by Veronica Wong and her co-founders, with the goal of providing affordable and secure cryptocurrency management solutions. SafePal was incubated by Binance in December 2018, which marked a significant milestone in its development. The first hardware wallet, SafePal S1, was launched in May 2019. Since then, SafePal has expanded globally, amassing over 7.5 million users across 87 countries by 2023. The evolution from a simple hardware wallet to a comprehensive suite reflects SafePal’s mission to provide secure and accessible crypto management solutions.
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Frequently Asked Questions (FAQs)
What is the current price of SafePal (SFP)?
The SafePal price is $1.1138 AUD, representing a -0.08% from the day prior.
Where is the best place to buy SafePal (SFP) in Australia?
The best place to buy SafePal (SFP) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell SafePal (SFP) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of SafePal (SFP)?
The trading volume of SafePal (SFP) is $9.7M AUD in the last 24hrs, representing a -0.08% from the day prior.
How can I buy SafePal (SFP)?
SafePal (SFP) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of SafePal (SFP)?
The current market cap of SafePal (SFP) is $537.3M AUD.
Can I convert SafePal (SFP) to cash?
Yes - With Coinstash you can convert your SafePal (SFP) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many SafePal (SFP) are there?
The current circulating supply of SafePal (SFP) is 487.5M.
Is Coinstash a safe place to buy SafePal (SFP) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling SafePal (SFP) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.