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How to buy SafePal (SFP) in Canada
Learn how to buy SafePal (SFP) easily by following a step-by-step guide and compare 10+ crypto exchanges.
How to buy SafePal
Look for an exchange that supports both fiat and cryptocurrency to simplify buying SafePal.
- Open an account on an exchange that supports SFP.
Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
- Deposit funds into your account.
Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy SafePal.
- Buy SafePal.
Complete your SafePal purchase and then find the best wallet to store SFP.
What is SafePal?
The first crypto hardware wallet backed by Binance, SafePal's native utility token is SFP. This utility token provides a means of transaction and governance for SafePal's crypto wallet ecosystem. Within that ecosystem, SFPs can be used for dozens of activities, including to secure discounts on SafePal services or to stake and earn interest through the SafePal Earn program. The company plans to expand that ecosystem over time, such as adding marketplaces for NFT trading. As the name implies, SafePal focuses first on hardware and software wallets as well as secure, real-world storage for cyphers and seed phrases.
SafePal (SFP) is the 437th largest cryptocurrency in the world by market cap, valued at $109,312,844. The current price of SafePal is $1.01, which is 1.237% higher than yesterday. Prices have ranged between $1.04 and $0.991493 over the past 24 hours. All prices are listed in US dollars and accurate as of January 19, 2022 06:01 UTC.
Where to buy SafePal
Find an exchange to buy, sell and trade SFP by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Is it a good time to buy SafePal?
The technical analysis gauge for SafePal displays real-time ratings for the timeframes you select. This is not a recommendation to buy, sell or trade. It represents a technical analysis of SafePal based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators based on the performance of SafePal: moving averages, oscillators and pivots. Finder is not responsible for how SFP performs.
SafePal at a glance
|Total SFP supply||500,000,000|
|All time high||US$4.19|
|Token uses||Utility token|
|Network||Binance Smart Chain|
SafePal price performance over time
How to sell SafePal
You can cash out your SFP with the same exchange you bought it through:
- Sign in to the exchange you have SFP on.
If you store your SafePal in a digital wallet, compare crypto exchanges to sell it on.
- Place a sell order.
Choose the amount of SFP you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of SafePal.
What to consider when buying SafePalSFP can boast a security-first approach and the support of Binance, the world's largest cryptocurrency exchange. But before you invest in SafePal, there are a few things to consider.
- Competition. SafePal isn't the company to start with a wallet and gradually expand its services. Like digital wallet Klever, SafePal has laid out an ambitious roadmap towards developing a fully integrated crypto ecosystem.
- Supply. SFP token supply is limited to 500,000,000 on the Binance Smart Chain (BSC). Current market cap is roughly $357 million according to BSCScan. As more users discover SafePal's wallet offerings and enter the company's crypto ecosystem, SFP's changing liquidity may cause dramatic price shifts.
- Rewards. SFP is earned through staking and through completing tasks and earning rewards within the SafePal app. The network uses a proof-of-stake model.
- SafePal Earn. Aside from the hardware wallet, SafePal provides some unique features within its app. SafePal Earn aggregates the different ways to make your SFP work for you, from CeFi interest-earning programs to DeFi lending and staking.
- Expansion. Key to the long-term success of SafePal and the SFP token will be the ability of the company to make the jump from manufacturing hardware and software to maintaining a fully functional blockchain ecosystem. The support of Binance will help, but it remains to be seen if SFP can surpass its competitors.
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Disclaimer: Cryptocurrencies, including SafePal, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of SFP is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the SafePal or any other cryptocurrency discussed.
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