
Where to buy SafeCoin
Unfortunately, at this time no major exchanges in the US offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.
Consider buying a different cryptocurrency after comparing popular exchanges.
Best SafeCoin wallets to store your SAFE
You can keep your SAFE on the exchange you purchased it on, or move it to a personal wallet:
- Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
- Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your SAFE below.
Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.
Is SafeCoin a good investment?
Cryptocurrencies are highly speculative assets that come with a range of risks. As a result, all altcoins should be thoroughly researched before any investment is made. Potential investors of SAFE may want to consider the following:
- Solana dependant: SafeCoin is trying to become a more accessible version of the Solana blockchain. However, due to the fine link between these two projects, what happens to Solana could affect what happens to SafeCoin. If there are any issues or concerns with regard to Solana, those issues might negatively influence the price of the native SAFE token. It may also deter developers from using the blockchain for the deployment of decentralized applications (dApps).
- Active community: Knowing about the latest updates is an important aspect of any community-driven project. Social media activity is now a prime place for understanding how a network works, or even to see if the founders and team are still updating the code and participating. As a result, SafeCoin’s team is constantly doing ‘Ask Me Anythings’ (AMAs), publishing new improvements, and is very interested in keeping those involved in the project up to date with their latest innovations.
- Transition from Proof-of-Work to Proof-of-Stake: SafeCoin was originally a Proof-of-Work blockchain when it first launched in 2018. It was only in 2021 that the blockchain transitioned to Proof-of-Stake. Like other PoS networks, each validator is rewarded with SAFE coins for securing and supporting the blockchain. The transition from PoW to PoS is encouraging to see as it shows a clear intention to innovate and compete with the very best layer-1 blockchains that currently exist within the ecosystem.
- Small number of dApps: As a layer-1 smart contract blockchain, SafeCoin is intended for the deployment of decentralized applications (dApps). So far there are only native applications that have launched using the blockchain - SafeChat and SafeTrade. Potential investors should pay close attention to any dApps that may launch on the network in the future. The more dApps that are launched, the more demand there could be for the SAFE coin.
Today's SafeCoin price versus ATH
Compare today's price of SafeCoin ($0.117651 USD) against its all-time high (ATH) price of $2.11 on January 19, 2022. The closer the bar is to 100%, the closer SAFE is to reaching its ATH again.
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Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance 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 cryptocurrencies discussed.
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