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SafePal SFP Price

$0.545

-3.85%

$0.545

24h Range

$0.552

Market Cap

$272,352,512.4

Fully Diluted Valuation

$272,352,512.4

24 Hour Trading Vol

$9,417,299.1

Circulating Supply

500,000,000.0

Total Supply

500,000,000.0

Max Supply

500,000,000.0

Info

SFP Price Statistics

SafePal Price

$0.545

24h Range

$0.545 - $0.552

Percent Change 1h

-0.56%

Percent Change 24h

-3.85%

Percent Change 7d

-10.04%

All-time high

$4.19

All-time low

$0.269

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About SafePal

What is SafePal (SFP)?

SafePal (SFP) is a cryptocurrency wallet and financial management platform designed to provide secure and user-friendly solutions for managing digital assets. Established in 2018, SafePal aims to bridge the gap between traditional finance and the expanding world of cryptocurrencies. The platform supports a wide range of cryptocurrencies, allowing users to store, trade, and manage their assets efficiently. SafePal offers both hardware and software wallets, with its hardware wallets being particularly noted for their security features, providing a cold storage solution for users who prioritize the safety of their digital currencies.

Who are the Founders of SafePal?

SafePal was co-founded by a team of professionals with extensive experience in technology and finance. The key founders include Wang S. H., who has a background in blockchain technology and product development, and Yao Z., who has experience in finance and business management. Together, they aimed to create a wallet solution that is not only secure but also accessible for users at all levels of cryptocurrency experience.

How does SafePal Work?

SafePal operates through a combination of hardware and software solutions. The hardware wallet, known as SafePal S1, is a portable device that allows users to store their private keys offline, significantly reducing the risk of hacks. The device connects to the SafePal app via QR code, ensuring that private keys never leave the hardware wallet. The SafePal app, available on both iOS and Android, provides a user-friendly interface for managing multiple cryptocurrencies, tracking portfolio performance, and conducting trades. Users can interact with decentralized exchanges (DEXs) and access DeFi services directly through the app, making SafePal a comprehensive platform for crypto management.

Top Use Cases of SafePal

  • Secure Asset Storage: SafePal’s hardware wallet allows users to securely store their private keys offline, protecting them from online threats.
  • Multi-Currency Support: SafePal supports over 10,000 cryptocurrencies, enabling users to manage a diverse portfolio in one place.
  • DeFi Access: Users can access various DeFi protocols directly through the SafePal app, facilitating yield farming and liquidity provision.
  • Trading: SafePal allows users to trade cryptocurrencies seamlessly through integrated DEXs without exposing their private keys.
  • Cross-Platform Compatibility: The SafePal app is available on multiple platforms, making it easy for users to manage their assets on the go.

How to Keep your SafePal Safe?

Keeping your SafePal secure involves several best practices:

  • Enable Two-Factor Authentication (2FA): Use 2FA for your SafePal app to add an extra layer of security.
  • Keep Your Recovery Phrase Secure: Write down your recovery seed phrase and store it in a safe place. Never share it with anyone.
  • Regular Updates: Ensure that your SafePal app and firmware are always up-to-date to protect against vulnerabilities.
  • Avoid Public Wi-Fi: When accessing your SafePal wallet, avoid using unsecured public Wi-Fi networks to reduce the risk of interception.
  • Use Strong Passwords: Create strong and unique passwords for your SafePal account and change them regularly.

How to Invest in SafePal (SFP)?

Investing in SafePal (SFP) or any other cryptocurrency involves several steps:

1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.

2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.

3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.

4. Buy SafePal: Once your account is funded, you can purchase SafePal directly from the exchange. Choose the desired amount and complete the transaction.

Investing in SafePal (SFP) Using Botsfolio:

Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in SafePal using Botsfolio, follow these steps:

  • Create a Botsfolio Account: Sign up for a free account on the Botsfolio platform.
  • Create Portfolio: Select an investment type from available options such as Premade crypto portfolios OR Custom crypto portfolio.
  • Connect Your Exchange: Link your chosen cryptocurrency exchange account to Botsfolio through fast connect or API key to enable seamless investing.

Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.

What is the Price Prediction for SafePal (SFP) in the Long Term?

SafePal (SFP) is currently trading at $0.545 and exhibits good potential for future growth. Check the latest SafePal (SFP) price prediction.

FAQs

The current price of SafePal (SFP) is $0.552. It has decreased by 3.83% over the past 24 hours.
The current market cap of SafePal (SFP) is $276.1M. It has decreased by 3.83% over the past 24 hours.
The current daily trading volume of SafePal (SFP) is $18.1M. It has decreased by 69.59% over the past 24 hours.
The all time high for SafePal (SFP) happened on Feb 09, 2021. It reached a value of $4.19. The percentage change to today's price is -86.82%.
The all time low for SafePal (SFP) happened on Jun 14, 2022. It reached a value of $0.269. The percentage change to today's price is 105.12%.
The current fully diluted valuation of SafePal (SFP) is $276.1M. It has decreased by 3.83% over the past 24 hours.
One SafePal (SFP) is $0.552
The SafePal (SFP) Fear and Greed Index currently indicates a bullish market sentiment. Given the inherent volatility and uncertainty within the cryptocurrency market, it is strongly advised to conduct thorough research before making any long-term investment decisions.

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