What is SafePal (SFP)?
SafePal (SFP) is a secure, powerful cryptocurrency storage platform that helps users protect and grow their assets in the most convenient way. In addition, SafePal is also known for being the first to offer a hardware wallet supported by Binance.
Currently, this hosted wallet serves more than two million users in more than 140 countries worldwide. Furthermore, SafePal not only enables users to secure and manage assets but also facilitates cryptocurrency trading activities.
Main ingredients
- SafePal Wallet: This is a non-custodian storage wallet similar to other wallets on the market with factors such as security, multi-coin/token support, and ease of use.
- SafePal Wealth: This is a platform integrated into the SafePal application that allows users to conveniently buy, trade, and swap tokens.
- This is the original SafePal token used to develop products and services on the platform. At the same time, the SFP token is also a tool for the community to participate in project governance.
- The SafePal Ecosystem consists of partners, developers, and the community that build the SafePal network.
Outstanding Features
- Support for storing multiple cryptocurrencies: Users can comfortably store multiple cryptocurrencies at the same time on a single application, including popular and newly launched coins and tokens.
- Secure: The user’s private key is stored in an offline system. Anyone who intends to break into the system will trigger a self-destruct mechanism and delete the private key. Therefore, users’ assets are always guaranteed to be 100% safe.
- Support offline connection: In particular, SafePal allows users to connect applications to hardware wallets even when there is no internet network. The device and application will communicate via QR code and private key.
- SafePal Transactions 24/7: You can make transactions with SafePal anytime, anywhere, quickly and efficiently.
- User-friendly: In addition to providing a friendly interface, SafePal also optimizes the steps of use to make it most convenient for users to have a great experience.
- Users can access a variety of useful features that have been integrated into a single application.
SafePal’s exclusive products
SafePal S1 Hardware Wallet
This is a type of cold wallet that allows users to secure their assets as securely as possible. The SafePal S1 Hardware Wallet is the main product of the project, with many advanced and unlimited security features. Some key features of the SafePal S1 Hardware Wallet include:
- EAL5+ Secure Element technology helps protect private keys from malicious attacks
- Generator of random numbers
- Multiple layers of security sensors
- Self-destruct mechanism
- It supports 33 blockchains and over 30,000 tokens.
- Unlimited currency storage
- Add and remove tokens at will
- The size of a credit card, it is super light and easy to carry
- 24/7 asset management
SafePal Cypher Metallic Seed Board
The product is made with 304 stainless steel, which is extremely resistant to water and oxidation. SafePal Cypher Metallic Seed Board is in charge of safeguarding Phrases code against external influences such as water, fire, salt, and corrosion.
The SafePal Leather Case
This is a premium leather case with an interior made of soft velvet and a compact size that protects the user’s hardware wallet from scratches from physical impacts or water penetration.
In addition, the SafePal Leather Case uses an invisible reinforced magnetic lock that prevents hardware wallets or ATM cards from falling out while on the move.
What are SFP tokens?
SFP is a utility token issued by SafePal. This token is used for the following purposes:
- Fees & Discounts: Users can use SFP tokens to get discounts on SafePal products and services such as the SafePal hardware wallet and SafePal Swap.
- SafePal users can use SFP to claim special coupons and enjoy extra profits from Earn and Lending programs.
- Rewards: SFP token holders will enjoy incentives such as token airdrop programs from eco-partners, stake rewards, or NFT SafePal.
- Governance: SFP token holders have the ability to create proposals and vote on new features, such as adding new blockchains to SafePal products.
Information about SFP token
Token Name: SafePal Token
Symbol: SFP
Blockchain: Binance Smart Chain (BSC)
Standard: BEP-20
Contract: 0xd41fdb03ba84762dd66a0af1a6c8540ff1ba5dfb
Type: Utilities, Administration
500,000,000 SFP total supply
108,166,667 SFP in circulation
Token Allocation
Token Sale: 25%
Seed Sale: 2%
Private Sale: 4%
Strategic Sales: 9%
Public Sale: 10%
Foundation Reserve: 20%
Team: 20%
Community Airdrop: 15%
Product & Marketing: 15%
Ecosystem: 5%
Where to store and buy SFP tokens?
SFP is a BEP-20 standard token. Therefore, in addition to storing directly on SafePal, you also have a number of options such as: Metamask, Trust Wallet, Coin98 Wallet, Binance Smart Wallet, cold wallets (Ledger and Trezor),…
Alternatively, you can also host SFPs on exchanges that support them.
Currently, you can buy SFP tokens on a number of exchanges such as: Binance, MEXC, Pancake Swap,…
Project team, investors, and partners
Project Team
The SafePal project was founded in early 2018 by a team of seasoned professionals. They come from many fields and reputable companies such as Tencent, Huawei, Samsung, and China Merchant Bank. Some notable names
Veronica Wong: He is the CEO of the project, at the same time in charge of interacting with customers and expanding the global market.
Harry Zhang: You are the CEO of the project, responsible for production management and product planning.
He is the CTO of the project, responsible for software, application, and server development.
Investors
The main investor in SafePal is the Binance platform.
Partners
SafePal has a partnership with a number of other blockchain platforms, crypto projects, and e-wallets such as: Binance, Trust Wallet, Harmony, Litecoin, NEO, TRON, Ripple, Polygon, DASH, QTUM, Dogecoin,…
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