What is Safepal

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About SafePal

Key Points:

  • Launched in 2018, SafePal is a cryptocurrency wallet that helps users protect and grow their digital assets.
  • Supports numerous popular crypto-assets, including tokens on Ethereum, Binance Smart Chain (BSC), and TRON blockchains.
  • Has over 3,000,000 users in 196 countries globally.
  • Native token SFP is the utility token of the wallet, used to offer discounts, incentivize users, and more.
  • Maximum supply of 500 million SFP tokens, with about a quarter currently in circulation.
  • SFP token allocation: Team (20%), Foundation Reserve (20%), Community (15%), Product & Marketing

About SafePal: Empowering Secure and Seamless Crypto Experiences

Introducing SafePal (SFP): A Comprehensive Overview

Launched in 2018, SafePal is a cutting-edge cryptocurrency wallet designed to safeguard and augment users’ digital assets. The platform offers a comprehensive suite of hardware and software wallets, seamlessly integrated and managed through the intuitive SafePal App, and boasts the distinction of being the first hardware wallet to receive investment and backing from the esteemed Binance.

SafePal wallet offers comprehensive support for a diverse array of popular crypto-assets, encompassing a wide range of tokens on the Ethereum, Binance Smart Chain (BSC), and TRON blockchains. Users can confidently store, manage, swap, trade, and cultivate their portfolio, all while maintaining uncompromising asset security, as assured by SafePal.

Since its inception in 2018, SafePal has experienced exponential growth, boasting a staggering user base of over 3,000,000 individuals spanning 196 countries worldwide. For further information, please visit the official SafePal website.

Unveiling the Unparalleled Excellence of SafePal

SafePal strives to provide users with affordable hardware wallets and secure software wallets. The platform supports a diverse range of cryptocurrencies, including Bitcoin, Ethereum, and BNB. Its native token, SFP, serves as the utility token of the wallet, facilitating discounts for users, incentivizing SafePal users, and more.

What Is the Circulating Supply of SafePal (SFP) Coins?

SafePal boasts a capped supply of 500 million SFP tokens, with approximately a quarter currently in circulation. As the user base expands, the circulating supply of SFP is poised to increase. Notably, SafePal users are incentivized to engage with the platform, earning SFP tokens through staking rewards, participating in targeted campaigns, and completing in-app tasks.

According to SafePal’s official documentation, the token allocation is distributed as follows:

  • Team: 20.00% of the total token supply, allocated to the dedicated team driving the project forward
  • Foundation Reserve: 20.00% of the total token supply, set aside for strategic development and future growth
  • Community: 15.00% of the total token supply, dedicated to fostering a vibrant and engaged community
  • Product & Marketing: 15.00% of the total token supply, focused on crafting innovative products and effective marketing strategies
  • Strategic Sale: 9.00% of the total token supply, reserved for key partnerships and collaborations
  • Partnership & Ecosystem: 5.00% of the total token supply, dedicated to nurturing a thriving ecosystem of partners and collaborators
  • Private Sale: 4.00% of the total token supply, allocated to select private investors
  • Airdrop: 5.00% of the total token supply, designed to incentivize community engagement and adoption
  • Seed Sale: 2.00% of the total token supply, reserved for early supporters and pioneers

The SFP Token: A Revolutionary Digital Asset

SFP is a BEP-20 token, seamlessly transferable to any wallet compatible with the Binance Smart Chain network. Furthermore, it can be exchanged for other assets and utilized as a payment method for various services. Notably, SFP also assumes the role of the SafePal governance token, empowering holders to submit proposals and cast votes on innovative features, including the integration of new blockchains within SafePal’s product ecosystem.

The SafePal App: A Secure Gateway to the World of Cryptocurrencies

The SafePal App is a comprehensive application designed to seamlessly manage both the SafePal Hardware Wallet and the SafePal Software Wallet, providing users with a unified and intuitive experience.

SafePal Software Wallet

Introducing SafePal Software Wallet, a cutting-edge, decentralized wallet solution that empowers users to seamlessly import, recover, and manage their wallets and diverse crypto-assets directly on their mobile devices.

The SafePal S1: A Fortress of Security for Your Cryptocurrency Assets

The SafePal S1 Hardware Wallet is a fully offline and decentralized solution, boasting support for over 30 blockchains and an impressive 10,000+ cryptocurrencies. This cutting-edge device is fortified with advanced security features, including an EAL5+ secure element, a self-destruct mechanism, and a robust device authentication mechanism, among others.

The SafePal S1 Cypher: A Beacon of Security

Introducing SafePal Cypher, a rugged, metallic seed phrase board designed to safeguard your mnemonic phrase against the harshest of elements, including water, fire, salt, and corrosion.

Introducing SafePal: Your Guardian in the Crypto Realm

Introducing SafePal’s pioneering Wallet Holder Offering (WHO), a revolutionary airdrop mechanism that empowers SafePal users with a novel token reward allocation system. Designed to incentivize SafePal software and hardware wallet users, WHO provides seamless access to airdrop tokens from SafePal’s ecological partners in a secure, decentralized, and user-friendly manner. To be eligible, SafePal Wallet users must hold SFP tokens within their SafePal wallets, with the required amount varying depending on the specific circumstances of the offering, including reward allocation, tasks, and timeline.

The Exquisite SafePal GiftBox

Introducing SafePal GiftBox, a seamless, in-app feature within the SafePal Wallet App, designed to educate the SafePal community about innovative crypto projects and their latest developments. By completing assigned tasks and quizzes, the community is rewarded by blockchain projects, with the opportunity to receive tokens or NFTs directly, all within a secure and trusted environment.

Acquiring SFP: A Comprehensive Guide to Purchasing Options

SFP is readily available for purchase and trade on a diverse range of platforms, encompassing both centralized and decentralized exchanges. Notable among these are Binance and MXC, which facilitate the trading of SFP. Currently, the token can be traded against a diverse array of other cryptocurrencies, including Tether (USDT), Binance USD (BUSD), and Bitcoin (BTC).

Seeking to acquire cryptocurrencies such as SafePal using traditional currencies? Discover more information here.

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