What is the crypto currency SafePal (SFP)? Explain future price forecasts, outlooks and future prospects!

SafePal provides a secure cryptocurrency wallet that you can carry around, and an application that allows you to manage assets and use DeFi with just your smartphone .

If you want to trade cryptocurrencies, it is a service that even small investors should use.

Having the issued token “SFP” has many advantages such as governance, bonus acquisition, and airdrop (token distribution).

This time, I will explain the features of SafePal that you should know and the price forecast of SFP tokens, so please check it out.What you can see from this article

  • SafePal sells a portable card-type hard wallet for around 60 USD
  • Asset management and DeFi service connection are also possible with the application software wallet
  • Chance to receive airdrops at a great price by holding SFP tokens
  • SFP prices have stopped declining Now is the time to buy

SafePal’s issued token “SFP” is about 1 USD as of October 2021.

Considering that it was over 3 USD yen at one time, it seems to be stagnant now, but if you expect future value and prepare it, now is an opportunity.

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  1. What is the crypto currency SafePal?
  2. What are the features of the crypto currency SafePal (SFP)?
    1. We provide a wallet to store crypto currency safely
    2. Supports multiple blockchains and crypto currencies
    3. DeFi platform available
    4. SFP tokens can be used for discounts, bonuses and governance
  3. Current price of crypto currency SafePal (SFP)
  4. Price transition of crypto currency SafePal (SFP) so far
    1. Temporarily dropped in March 2021 but soon revived
    2. It has been flat since it fell sharply in May 2021.
  5. Future forecast / outlook of crypto currency SafePal (SFP)
    1. Supporting new users entering DeFi with smartphones
    2. Demand increases as crypto traders increase
  6. Future price forecast of crypto currency SafePal (SFP)
  7. Q & A about crypto currency SafePal (SFP)
    1. Can SafePal also manage and store NFTs?
    2. Are there any plans for SFP to be listed on global exchanges?
  8. Summary of crypto currency SafePal (SFP)

What is the crypto currency SafePal?

safepal official website-1024x448
Quote: SafePal Official HP
nameSafePal
symbolSFP
Price (as of October 2021)About 1.2 USD
Market capitalization ranking (as of October 2021)367th
Official siteSafePal official

As of October 6, 2021

SafePal provides a wallet to store cryptocurrencies securely .

There are card type hardware type and smartphone application software type , both of which are excellent in functionality and safety.

In addition to storing crypto currency, it is possible to manage and utilize assets such as transactions, token swaps (exchanges), and staking to deposit.

SafePal issues SFP tokens, and if you have them, you can use them for discounts and airdrops (distribution).

SFP tokens are not listed on global exchanges, so buy them through overseas exchanges.

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What are the features of the crypto currency SafePal (SFP)?

SafePal offers a secure cryptocurrency wallet that is completely disconnected from the internet.

We will explain the mechanism, features, and SFP tokens, so please refer to them.

We provide a wallet to store crypto currency safely

SafePal sells a dedicated hardware wallet for storing crypto currency for about 60 USD.

You can also use it as a software wallet by using SafePal’s smartphone app without purchasing a hardware wallet.

Introducing the features of each hardware and software.

SFP hardware wallet
Quote: SafePal Official HP

SafePal’s hardware wallet is card-shaped and convenient to carry, as shown in the image above.

It is completely disconnected from the network, and connections such as WiFi, Bluetooth, and USB output are not possible, so you can safely store your currency without worrying about fraud or hacking.

It’s not shared, so it’s completely your own wallet, and you manage your own assets .

It is sold on the official website of SafePal, and although the price may fluctuate, it can be purchased for about 50 to 60 USD.

This hardware wallet allows only minimal operations and settings, and currency transfer must be done in conjunction with the software wallet app.

SFP software wallet
Quote: SafePal Official HP

The image above is a SafePal app and software wallet.

Since multiple wallets can be stored in the app, you can use different software and hardware, and you can also link wallet apps such as MetaMask .

Here’s what you can do with SafePal’s wallet app:What you can do with the app

  • Create a wallet to manage and store crypto currencies
  • Receiving and remittance of crypto currency
  • Purchasing crypto currency with a credit card etc.
  • Trading cryptocurrencies
  • Earn rewards by depositing crypto currency (staking)
  • Using the DeFi platform
  • Buying and selling NFT
  • Airdrop (token distribution) application for SFP token holders
  • Token swap (exchange) etc.

As you can see, there are many things you can do with the app, and the level is different from just a wallet.

Since you can operate DeFi, which is a decentralized finance, from your smartphone, it can be said that it is an application that DeFi users must install.

Supports multiple blockchains and crypto currencies

Safepal compatible currencies / chains
Quote: SafePal Official HP

The image above is an excerpt of the corresponding cryptocurrencies and blockchains in SafePal.

As of October 2021, it supports 23 blockchains and over 20,000 tokens.

The wallet has unlimited capacity, so it doesn’t matter how many assets you have.

Recently, Polygon, which has almost no gas cost, and Solana, which has ultra-high-speed processing, are popular, but they are also compatible, so you can use them with confidence.

DeFi platform available

One of the proud features of SafePal is that you can use many DeFi platforms on your smartphone.

Since most of the sites are overseas, it is usually difficult to operate transactions with a smartphone, but SafePal can handle it.

When you open the SafePal DApps screen, you can select platforms such as Pancake Swap, UniSwap, and Compound as shown on the left of the image above.

For example, if you tap Pancake Swap, you will be connected to a smartphone site similar to the WEB version as shown on the right of the image , and you can also use token swaps and farming to earn interest rates.

It is very convenient to be able to transfer and invest DeFi-related funds with just a smartphone without starting up a computer.

SFP tokens can be used for discounts, bonuses and governance

SafePal’s issued token “SFP” was listed in February 2021 after a token sale (IEO) was held at a major overseas exchange Binance .

The purpose and value of holding an SFP token are as follows.Utility value of SFP

  • Discounts when purchasing or swapping hardware wallets
  • Earn yield rewards by participating in SFP bonus programs
  • Privilege to receive airdrops (token distribution), staking rewards, limited NFTs, etc.
  • Participate in governance, which is a policy and rule-making process, and vote for proposals and new features.

In this way, you can receive benefits such as discounts, airdrops, and governance, so the benefits of holding SFP tokens are great.

For example, SafePal runs an airdrop campaign called Wallet Holder Offering (WHO) on an irregular basis, and if you hold an SFP token and clear conditions such as Twitter follow, the token will be distributed.

In the past, 300SFP has evolved into 5x and 10x airdrops .

You can participate in this WHO campaign from the SafePal smartphone app, so please take a look.

To get the featured SFP tokens, you need to transfer currency from a global exchange to an overseas exchange to buy it.

If you still do not have an account of crypto currency trading, the major global  Binance Let’s open an account with.

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Current price of crypto currency SafePal (SFP)

The image above is the SFP / USDT chart from September to October 2021.

The price of the SFP token is about 119 yen as of October 6, 2021.

It has fallen by nearly 40 yen since September 20, and has been gradually rising recently.

During this period, SafePal announced in a blog that it will not serve residents of mainland China following the tightening of regulations on cryptocurrency transactions in China announced by the Chinese government .

Originally, we did not provide services to Chinese residents except for some, but such announcements may have affected the price decline.

On the contrary, it is recommended to purchase it before the price of the declining SFP token has risen.

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Price transition of crypto currency SafePal (SFP) so far

SafePal issued SFP tokens and was listed on overseas exchanges in February 2021.

I will explain how the price of SFP tokens has changed since this time.

Temporarily dropped in March 2021 but soon revived

After listing in February 2021, it dropped by about 150 yen in March.

At this time, the initial airdrop distribution of SFP tokens was completed, and it is possible that sales were skyrocketing .

However, it is temporary, and the price has risen and recovered in about two weeks.

It has been flat since it fell sharply in May 2021.

As dragged by the Bitcoin plunge in May 2021, SFP tokens have fallen at a stretch, dropping from about 280 yen to around 120 yen.

There has been no major change since then, and although it will rise slightly in September, it will not exceed 200 yen.

With the attention of crypto currencies and the increase in token holders, SafePal users are likely to increase, but it does not seem to be reflected in the price.

If you change your mindset, it can be said that now is the time for preparation.

SFPs are not listed on global exchanges, so buy them through overseas exchanges.

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Click here for the official website of Binance

Future forecast / outlook of crypto currency SafePal (SFP)

I will explain how SafePal will develop in the future.

In recent years, the number of cryptocurrency traders has been increasing as the time spent at home has increased and the amount of information on the Internet has increased.

Along with that, SafePal is getting more and more attention.

Supporting new users entering DeFi with smartphones

SafePal has the convenience of creating a crypto currency wallet with just a smartphone, and can also be connected to the DeFi platform.

For this reason, SafePal encourages smartphone users to enter the DeFi market.

The cryptocurrency industry will continue to attract attention due to the fact that there is always an internet environment on smartphones and the method of making money at home is attracting attention .

As a result, it is expected that the number of SafePal users who will benefit token holders will increase.

Demand increases as crypto traders increase

According to Twitter of the cryptocurrency blockchain analysis site “glassnode”, the transaction volume of Bitcoin reached a record high ($ 8.3 billion) at the end of August.

This is a global scale, but it is thought that the number of cryptocurrency traders is increasing in Japan as well.

Along with this, it is expected that new traders and users who trade only on PCs will start using the convenient SafePal and the demand will increase.

If you have not yet opened the global exchange  Binance when you open an account at, it is recommended since the width of the deal spread.

Future price forecast of crypto currency SafePal (SFP)

Price Prediction, a cryptocurrency price prediction site, predicts future prices through technical analysis using artificial intelligence.

According to it, the price of SFP tokens is projected to rise to $ 1.5 in 2022, $ 2.5 in 2023, and exceed $ 3 in 2024 .

It means that it can grow up to three times as much as it is now in three years.

There will be significant benefits to having an SFP token at this time.

If you want to purchase an SFP, it is recommended that you first open an account at a major global exchange  Binance .

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How to purchase crypto currency SafePal (SFP)

If you have a SafePal issuance token SFP, you can participate in various discounts and governance.

However, SFP tokens are not listed on global exchanges.

Since it is necessary to use an overseas exchange, here we will explain the flow up to the purchase of SFP tokens.

Open an account on a global exchange and purchase BTC

First, open an account on a global exchange.

We recommend  Binance , which has a large number of transaction currencies and a long history .

Go to “Open an account here” on the official website, enter the basic information, and registration will be completed in a minimum of 5 minutes.

You will need to purchase BTC, so be sure to verify your identity and deposit Japanese Yen.

Buy BTC at a Binance retailer and you’re ready to go.

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Send BTC to overseas exchanges

Open an account on an overseas exchange where SFP is listed.

Obtain the BTC deposit address and paste it on the Binance remittance screen.

Enter the remittance quantity and remit to an overseas exchange.

Buy SFPs at overseas exchanges

Once BTC has arrived at an overseas exchange, all you have to do is buy an SFP.

You can complete your SFP purchase by trading in an SFP / BTC pair on the market.

If you have a Binance account, you can always transfer currency and get altcoin.

If you increase the width of the crypto currency trade,  Binance to open an account it is recommended.

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Q & A about crypto currency SafePal (SFP)

Here are two common questions about SafePal.

We will explain about NFT management and listing on global exchanges, so please take a look.

Can SafePal also manage and store NFTs?

SafePal allows you to manage and store NFTs.

Transfers NFTs from the NFT Marketplace to the SafePal app, and NFTs originally stored in the wallet will be reflected in the app.

You can also connect to famous NFT markets such as OpenSea and Rarible, so you can buy and sell.

Are there any plans for SFP to be listed on global exchanges?

There are no plans to list SFP tokens on global exchanges.

If there is a listing schedule, each exchange will announce it, so watch carefully.

Also, it is easy to buy an SFP from a global exchange via an overseas exchange.

Binance is recommended for global exchanges .

You can get the SFP after opening an account with Binance and sending money to an overseas exchange.

Summary of crypto currency SafePal (SFP)

In this article, I explained the features of SafePal and the price transition of SFP tokens.

Both the hardware and software wallets provided by SafePal are groundbreaking and you’ll find that you need them to keep your cryptocurrencies safe .

Let’s review the features of SafePal once again.Summary of this article

  • SafePal offers a card-based, especially secure hardware wallet and an app version of the software wallet.
  • The app can be connected to DeFi to perform a series of operations such as trading and staking.
  • Can be used for governance, discounts, and airdrops by holding SFP tokens
  • If you want to purchase SFP, it is recommended to open an account with Binance on global exchanges.

For those who invest a small amount of money, it is highly functional and easy to use just by using SafePal’s smartphone app without purchasing hardware.

Recommended for all users who trade crypto currencies.

If you own an SFP, the campaign that is eligible for airdrop is very profitable, so please check this as well.

global exchange  Binance handles a large number of currencies and offers various services, so opening an account will not hurt.

You can easily get SFP tokens by sending money from Binance to overseas exchanges, so please use it.

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