SafePal SFP
Report IssueSafePal is committed to providing a secure and user-friendly crypto management platform for the masses to protect and grow their crypto assets securely and conveniently. This is the first hardware wallet invested and supported by Binance. SFP is short for SafePal Token, the utility token that powers the entire SafePal ecosystem. SFP is a decentralized digital asset based on Binance Smart Chain, with a limited total supply of 500,000,000, issued by SafePal.
Details
ByBit 
Gate 
Score
Sentiment
Bullish 
Fundraising Statistics
$0.86 -0.72%
$0.1
Binance Tier 1 SFPSafePal
USDCUSD Coin
Short Review SafePal
Crypto project SafePal (SFP) is classified as a Platform. SafePal is a Utility token that is hosted on the BSC (BEP-20) Network. The current total supply is 500.00 M SFP (Circulating Supply + Tokens yet to be released - Burned Tokens). A total of 50,000,000 TOKEN (10% of total tokens) have been allocated for the public sale. The level of social activity of the SafePal project is assessed as Medium.
SafePal ICO Overview
Public sale of tokens will take place on the Binance Launchpad. Estimated date for the public token sale: 8 February 2021. SafePal (SFP) price during the token sale: 0.1 USD. Min/Max Personal Cap: $1 / $20000. You can purchase project tokens for BNB
SFP Price Chart
The launch of SFP token trading took place on 8 February 2021.
Fundraising Rounds
Total sold 600.00 M SFP tokens (12.00% of total tokens). Total amount of funds raised by the SafePal project is $7.26 M.
| Investment Round | Date | Price | Funds Raised |
| Binance Launchpad | February 2, 2021 | $0.10 | $5.00 M |
| Airdrop | January 2021 | -- | -- |
| Private Sale | January 2020 | $0.08 | $1.60 M |
| Strategic Sale | January 2019 | $0.01111 | $500,000.00 |
| Seed Sale | December 2018 | $0.01646 | $164,600.00 |
SafePal Investors
Binance Tier 1SafePal (SFP) cryptocurrency
SafePal is a company that produces hardware wallets. With the help of crypto wallets, users can store their cryptocurrency safely and conveniently. Such a wallet should help clients not only protect, but also increase their assets. With the SafePal app, users can easily store, manage, exchange and trade cryptocurrencies. At this stage it supports more than 20 blockchains. SFP is a BEP-20 standard platform token. It can be used to:
- receive a discount on services and products developed by the platform;
- receive a special coupon and additional passive income from the SafePal Earn and Lending programs;< /li>
- receive benefits such as partner token giveaways, limited NFTs, or staking rewards;
- be able to vote on the implementation of new features;
- participate in exclusive giveaways and etc.
History of the SafePal Project (SFP)
SafePal was created in 2018. It was designed to make cryptocurrency storage simple, secure, and accessible to every user. The development team has more than 10 years of experience not only in hardware and software, but also in design and cybersecurity. It is located primarily in Asia and also has close ties to the Chinese cryptocurrency hub Shenzhen.
Advantages of SafePal
- Self-destruct function. As soon as the user or someone else (for example, a hacker) wants to open a hardware wallet, all data is instantly are destroyed. This ensures that the user's personal key information does not fall into the hands of third parties.
- Lower price on the market. The SafePal wallet is currently cheaper than some other wallets with similar technology. It does not require an additional USB, Bluetooth or WiFi connection, and works autonomously.
- Lots of cryptocurrencies. SafePal hardware wallet supports more than 20 blockchains, which makes up a large list of coins and tokens , and also expands its use among clients.
Disadvantages of SafePal
- Strong competitors. This sea is already full of large sharks that are quite strong and already have a significant market share.
- Complicated process of sending transactions. In order to carry out any transaction, the user has to perform many different actions using the application and wallet.
- Incomplete autonomy. To update the firmware, you must be connected to a PC.
