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What is SafePal, one of the safest ways to store your Bitcoin?

What is SafePal, one of the safest ways to store your Bitcoin?

Beginner
2022-07-08 | 5m

SafePal shoulders the mission to help users to Secure and Grow crypto wealth.”

In the crypto world, decentralization means there are no intermediates like banks to guarantee the safety of your crypto wealth. Which means, you have to protect your assets from being stolen by crypto scammers.

Only in 2021, 14 billion of crypto assets have been taken by crypto scammers. Without a reliable security system, you may be the next victim of a crypto scam losing millions of dollars.

How does SafePal protect the crypto assets?

SafePal is a cryptocurrency wallet launched in 2018 that helps users to protect and grow their digital assets. SafePal is now serving users from more than 165 countries globally.

In order to spread the risk, SafePal provides both hardware and software wallets for users, all paired and managed through the SafePal App to provide a more convenient transaction experience.

Here is the ecosystem of SafePal:

SafePal S1 Hardware Wallet: Supporting 21 coins, 15,000+ tokens and all NFT standards, it enables you to carry all kinds of crypto and blockchain transactions.

SafePal Cypher Metallic Seed Board: Made of 304-grade stainless steel so that it is resistant to water, salt, fire and corrosion unlike a smartphone.

SafePal Software Wallet: Decentralized wallet with multiple verification steps like built-in Passphrase, security password, fingerprint lock and pattern lock. It increases both the difficulty of hacking and security.

SafePal App: Including multiple functions so that you can buy, exchange, earn crypto directly and access DApps.

And so much, much more!

SFP, the rocket fuel of SafePal rcosystem

SFP, a BEP-20 token of SafePal to power the SafePal ecosystem and govern the community. It can also be exchanged with other assets and can serve as a means of payment for services.

SFP also serves as the SafePal governance token, and holders can create proposals and vote on new features such as adding new blockchains on SafePal products.

Bonus Candies SFP token holders have the following privilege:

  • Enjoy special coupons from SafePal and its partners, more chances to access other potential crypto projects.

  • Join exclusive campaigns launched on the SafePal platform

  • Claim special collectibles from SafePal and its partners

Users may use SFP for fees and discounts on the SafePal products and services including but not limited t

  • Discounts on purchasing SafePal Hardware Products including wallets and accessories

  • Discounts on the swap and trading services within the App

  • Fees for submissions to the SafePal repository

  • Fees for publishing AD banners within the App

  • Fees for DApps ranking within the DApp store

  • Fees for customized hardware wallet solutions

  • Fees for future services such as the collectible marketplace

Total Token Supply: 500,000,000

SFP Token Allocation

Foundation Reserve

20%

Team

20%

Community Airdrop

15%

Product Marketing

15%

Seed Sale

2%

Public Sale

10%

Private Sale

4%

Strategic Sale

9%

Ecosystem

5%

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