SafePal (SFP) - SafePal, the native cryptocurrency that is used to pay fees within the SafePal Wallet platform.
- SafePal Wallet has its own native cryptocurrency called SafePal (SFP), which is used to pay for transfers within the platform.
- It starts in 2018, when SafePal's parent company Binance realized that there was a need in the cryptocurrency wallet market.
- Currently the native cryptocurrency is also used to buy and sell major cryptocurrencies such as Bitcoin, Ethereum and Litecoin.
Key Metrics SafePal (SFP)
Cap de Mercado
What is SafePal (SFP)?
SafePal is a cryptocurrency used on the SafePal Wallet platform, which is a cryptocurrency wallet designed to be secure and easy to use. The platform was created by a company called Binance, one of the largest cryptocurrency exchanges in the world.
SafePal's story begins in 2018, when SafePal's parent company, Binance, realized that there was a need in the cryptocurrency wallet market.
With this in mind, Binance decided to create its own cryptocurrency wallet and SafePal was born. In May 2019, SafePal launched its first product, the S1 hardware wallet. The wallet was very well received by the cryptocurrency community and quickly became one of the most popular hardware wallets on the market.
In September 2020, SafePal released the second version of its hardware wallet, the S1 Pro, which improved the security and features of the previous version. Also in that year, SafePal announced the launch of its own native cryptocurrency, the SFP token.
In March 2021, SafePal launched its software wallet, which allows users to manage their cryptocurrencies directly from their mobile phones. The software wallet supports multiple blockchains and cryptocurrencies, including Bitcoin, Ethereum and Binance Coin.
SafePal (SFP): What makes it different and why invest?
SFP cryptocurrency is the native currency of the SafePal platform and is used to pay transaction fees and other costs on the platform. It can also be used to obtain discounts on some transactions.
SFP is a BEP-20 token that can be transferred to any Binance Smart Chain network compatible wallet. It can also be exchanged with other assets and can serve as a means of payment for services. SFP also serves as SafePal's governance token, and its holders can create proposals and vote on new features, such as adding new blockchains to SafePal products.
How many coins are currently in circulation? Currently thus:
- Team: 20.00% of the total token supply.
- Foundation Reserve: 20.00% of total token supply
- Community: 15.00% of total token supply
- Product and marketing: 15.00% of the total token pool
- Strategic Selling: 9.00% of the total token pool
- Partnership and Ecosystem: 5.00% of the total token supply
- Private sale: 4.00% of the total token supply
- Airdrop: 5.00% of total token supply
- Seed Sale: 2.00% of the total token reserve
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