SafePal (SFP)

Rank #154

Market snapshot

Price
$0.268862
Market cap
$134.4M
24h volume
$2.3M
Circulating supply
500,000,000
Total supply
500,000,000
Max supply
500,000,000

What is SafePal?

SafePal is a cryptocurrency that focuses on providing a secure wallet solution for managing digital assets. It aims to simplify the user experience by offering broad asset support and cross-chain compatibility, allowing users to engage in various activities within the cryptocurrency ecosystem.

How SafePal works

SafePal operates as a multi-chain wallet, enabling users to manage assets across different blockchain networks. Its design facilitates the buying and selling of NFTs, participation in blockchain gaming, and liquidity mining, all while ensuring the safety of users' assets. The wallet's architecture is built to overcome the challenges of traditional crypto tools, which often have long learning curves and can be cumbersome to use.

Key information

Symbol
SFP
CMC rank
#154
Network / platforms

BNB, BNB Chain, Ethereum

Categories
N/A
Date added
Dec 28, 2020

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

  • BNB

    0xd41fdb03ba84762dd66a0af1a6c8540ff1ba5dfb
  • BNB Chain

    0xd41fdb03ba84762dd66a0af1a6c8540ff1ba5dfb
  • Ethereum

    0x12e2b8033420270db2f3b328e32370cb5b2ca134

Key characteristics

SafePal is categorized under various ecosystems, including Ethereum and Binance. It features a user-friendly interface that supports a wide array of digital assets and enhances accessibility for users engaging in multiple blockchain activities. The wallet's cross-chain capabilities allow seamless transactions across different networks.

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is SafePal?
SafePal is a cryptocurrency wallet that supports a wide range of digital assets and offers cross-chain compatibility.
How does SafePal work?
SafePal operates as a multi-chain wallet, allowing users to manage assets across different blockchain networks and engage in activities like buying NFTs and liquidity mining.
What are the key characteristics of SafePal?
SafePal features a user-friendly interface, broad asset support, and cross-chain capabilities, facilitating seamless transactions across various networks.
What are the risks associated with using SafePal?
Users should be aware of digital asset volatility, verify contract addresses, and handle private keys to mitigate risks.
How can I verify SafePal before use?
Verify the asset name, network, and contract details before transferring assets to ensure safe transactions.
Where can I find official resources for SafePal?
Official resources for SafePal can be found on their website and GitHub page.

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