SFP
$0.34

SafePal (SFP) Price

$0.34
1m
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SafePal (SFP) Price Today

The live price of SafePal is 0.34 USD. In the past 24 hours, the trading volume of SafePal was 2,779,199.08 USD, up by 1.72%. The current price has decreased by -14.10% from its 7-day high of 4.19 USD, and increased by 0.26% from its 7-day low of 0.37 USD. With a circulating supply of 500,000,000.00 SafePal, the market cap of SafePal is currently 226,536,941.00 USD, down by 0% in the last 24 hours. SafePal currently ranks #342 by market capitalization among cryptocurrencies.

SafePal (SFP) Market Data

Market Cap
$174.2M
24h Volume
$2.7M
Circulating Supply
500M SFP
Maximum Supply
500M SFP
Fully Diluted Market Cap
$174.2M
Liquidity Indicator
1.60%
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About SafePal (SFP)

How can I buy SafePal (SFP)?

Buying SafePal (SFP) on BingX is simple and secure. Create an account, deposit USDT or another supported asset, and purchase SafePal (SFP) directly in the Spot Market. The tokens will then appear in your BingX Spot Wallet, ready for trading or transfer at anytime. Discover How to Buy SFP Guide for more information.

What Is SafePal (SFP) and How Does It Work?


SafePal (SFP) is the native utility token of the SafePal ecosystem, a crypto wallet suite that offers hardware, mobile, and browser extension wallets. Launched in 2018 with backing from Binance, SafePal provides secure and user-friendly tools for managing digital assets across multiple blockchains. The SFP token plays a central role in powering services, rewarding users, and enabling governance within the ecosystem.

SFP is issued as a BEP-20 token on Binance Smart Chain (BSC), but it is also supported across Ethereum and other networks. Holders can use SFP for staking, paying fees, claiming discounts on SafePal hardware, and participating in exclusive reward programs like SFPlus, a hub that unlocks privileges for long-term users. The token also serves as a medium for accessing ecosystem incentives such as airdrops, yield-boosting, and higher APYs within SafePal Earn.

In practice, SFP connects users directly to Web3 by acting as the fuel for SafePal’s wallet ecosystem. Whether exchanging gas tokens through SafePal’s “Gas Station,” voting on governance matters, or unlocking partner benefits, the token ensures smooth participation and deeper engagement with decentralized applications and services.

Learn more about how to set up a SafePal wallet in our comprehensive guide.

When Did SafePal Token Launch?


SafePal was founded in 2018 by Veronica Wong and her team, with support from Binance as its first strategic investor. The project introduced its native token, SafePal (SFP), in January 2021 through Binance Launchpad, making it one of the few wallet projects to launch via this platform. Since then, SFP has evolved into the backbone of SafePal’s wallet ecosystem, enabling staking, governance, and exclusive benefits for its global user base.

SafePal Roadmap Highlights


• 2018: SafePal project founded, hardware wallet development begins

• 2019: Launch of the first SafePal hardware wallet (S1)

• 2020: Expansion into mobile and browser extension wallets

• Jan 2021: SFP token launched on Binance Launchpad

• 2022–2024: Rollout of SafePal Earn, Gas Station, and SFPlus hub for SFP holders

• 2025: Integrations with new blockchains and DeFi protocols, expanding SFP’s ecosystem utility

What Is the SFP Token Utility?


The SafePal (SFP) token is a multi-purpose utility asset that powers the SafePal wallet ecosystem. Holders can stake SFP to earn rewards, access higher APYs through SafePal Earn, and participate in SFPlus, a hub that unlocks exclusive privileges such as partner airdrops, loyalty benefits, and NFT access.

SFP is also used as a gas exchange token within the SafePal “Gas Station,” enabling users to swap SFP for network fee tokens across multiple blockchains. In addition, projects can use SFP for DApp and token listings within the SafePal wallet, while community governance allows holders to vote on future upgrades and initiatives.

You can trade SFP tokens instantly on BingX Spot Market by exchanging them against popular pairs like SFP/USDT. Simply deposit USDT, search for SFP in the Spot section, and place a buy or sell order to start trading.

What Is SafePal Tokenomics?


SafePal (SFP) has a fixed total supply of 500 million tokens, with no further minting possible. The token was distributed across community rewards, ecosystem development, team incentives, and early investors to ensure long-term growth and alignment with SafePal’s mission of building a secure and user-friendly crypto wallet ecosystem.

SFP Token Allocation


• Community & Airdrops: 20%

• Ecosystem Growth Fund: 20%

• Team: 20%

• Foundation Reserve: 20%

• Strategic Investors: 15%

• Binance Launchpad Sale: 5%

What Is SFPlus (SF+) in SafePal, and How Does It Relate to SFP?


SFPlus (SF+) is a loyalty and rewards hub designed exclusively for SafePal (SFP) holders. By staking or holding SFP within the SafePal ecosystem, users accumulate SFPlus scores over time, which unlock access to exclusive benefits such as token airdrops, priority allocations, partner campaigns, and community privileges. Unlike traditional staking programs, SFPlus has no fixed lock-up period, giving users flexibility while still rewarding long-term commitment.

The program directly ties into the SFP token’s utility by enhancing its value proposition. Holding and staking SFP not only secures a user’s position in SafePal’s ecosystem but also maximizes their eligibility for incentives, higher yields, and governance participation. In short, SFPlus transforms SFP from a simple utility token into a gateway for deeper engagement and rewards within the SafePal community.

How to Earn SFP Tokens in the SafePal Ecosystem


You can earn SFP tokens by actively participating in SafePal’s wallet ecosystem and reward programs. The platform provides multiple ways for both new and existing users to accumulate SFP beyond direct purchases.

• Staking & SFPlus (SF+): Stake your SFP within the SafePal app to grow your SFPlus score, unlocking token rewards, partner airdrops, and exclusive campaign benefits.

• SafePal Earn: Deposit and stake crypto in SafePal Earn to enjoy higher APYs, with additional boosts for SFP holders.

• Community Campaigns: Participate in promotional events, referral programs, and seasonal activities hosted by SafePal to win SFP rewards.

• Partner Incentives: Gain access to special drops or bonuses through SafePal’s integrations with other blockchain projects.

What Blockchain Network Is SafePal Token Issued on?


SafePal (SFP) is primarily issued as a BEP-20 token on Binance Smart Chain (BSC), making it fast, low-cost, and widely accessible for users. In addition to BSC, SFP is also supported on Ethereum (ERC-20) and bridged to other networks, ensuring interoperability and compatibility across decentralized applications and exchanges. This multi-chain approach allows SFP holders to move seamlessly within the broader Web3 ecosystem.

How to Store SFP Tokens Securely


The easiest and most convenient way to store your SFP tokens is on BingX, where they remain accessible for instant trading on the spot or futures markets. BingX offers robust security measures, including Proof of Reserves, advanced encryption, and a Shield Fund for user protection. This option is ideal if you plan to actively trade or monitor market opportunities.

For long-term holding or self-custody, you can also store SFP in external wallets. SafePal’s own hardware wallet (S1) and mobile app provide secure multi-chain support, while other trusted wallets like MetaMask or Trust Wallet can also manage SFP across supported networks. Cold storage solutions such as hardware wallets add an extra layer of protection by keeping your private keys offline.

Is SafePal (SFP) a Good Investment?


SafePal (SFP) stands out as a good investment candidate because it combines the growth potential of a multi-chain wallet ecosystem with strong real-world utility. Backed by Binance and trusted by millions of users, SafePal integrates hardware, mobile, and browser wallets, making it one of the most accessible gateways to Web3.

The SFP token not only fuels staking, governance, and ecosystem rewards but also drives loyalty through SFPlus, ensuring long-term demand. While all cryptocurrencies carry risks, SafePal’s proven adoption, expanding partnerships, and active role in DeFi give SFP solid fundamentals that can appeal to both traders and long-term holders.

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Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
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