Convert between SFP and US dollars at the live rate.
$4.19
−94.85% from current
$0.200476
+7.60% from current
Independent editorial ranking. Score is 0–10 across six criteria: Security, Fees, UX, Features, Support, Reputation.
US and EU users who prioritise a spotless security record — no major hack since 2011 — and want a serious pro-grade trading terminal.
Institutions and funds requiring an SEC-registered venue with segregated qualified custody and audited on-chain reserves.
Active spot traders chasing the deepest global liquidity and the widest listing catalogue outside the US perimeter.
Traders who mix spot and on-chain — the Web3 wallet, DEX aggregator and Ethereum L2 X Layer sit inside the same account as CEX pairs.
Long-horizon EU holders who want the oldest continuously-operating exchange (2011) with conservative listings and full MiCA licensing.
Derivatives-first traders who want tighter perp funding and a maker-friendly fee schedule; accept offshore regulatory footprint.
Top coins in the same category, ordered by market cap.
SafePal is a self-custody crypto wallet ecosystem launched in 2018 and backed by Binance Labs as the first hardware-wallet investment from Binance. The product line covers a hardware cold wallet (the SafePal S1, plus the newer X1 and Cypher devices), a mobile app, and a browser extension, with native swap and DeFi access built in. SafePal supports more than 100 blockchains and tens of thousands of tokens, and the company is led by founder and CEO Veronica Wong out of Singapore.
SFP is the BEP-20 utility token that powers the ecosystem. It launched on Binance Launchpool in February 2021, has a max supply of 500 million, and runs on BNB Smart Chain. SFP is used for in-app fee discounts on swaps, staking rewards, governance votes on roadmap decisions, and access to perks inside the SafePal app. The token sits in the same neighborhood as Trust Wallet Token (TWT) and Bitget Token (BGB) but is built around hardware-first self-custody rather than a connected exchange.
SFP trades on Binance, Bitget, KuCoin, Gate, and MEXC, with the deepest liquidity in the SFP/USDT pair on Binance. Live data on this page is aggregated across venues and refreshes every 60 seconds.
What moves SafePal price on any given day:
The card above streams a live SFP price; the analysis below uses the levels at page load.
SafePal is one of the few crypto wallets that started hardware-first rather than as a software wallet that later added a device. The S1 is the original air-gapped cold wallet, priced well below Ledger and Trezor when it launched and built around QR-code signing rather than USB or Bluetooth.
The hardware does not need SFP to work. SFP unlocks discounts and perks on the connected app, but the device itself signs transactions for any supported chain regardless of whether the user holds the token.
The SafePal mobile app (and matching browser extension) is the software layer that connects to the hardware wallets and serves as a stand-alone hot wallet for users who do not yet own a device. It is where most SFP utility actually shows up day to day.
SFP is closer to a wallet-app utility token than a Layer 1 gas asset. It does not pay gas anywhere, and its demand traces back to active SafePal users rather than a network of validators.
SafePal sits in an unusual spot: it is a Binance-Labs portfolio company like
Trust Wallet (TWT), but it leads with hardware rather than software. See our BNB market page for context on the broader Binance ecosystem these tokens plug into.
SFP has a fixed max supply of 500 million tokens, distributed at the 2021 Binance Launchpool launch across team, ecosystem, marketing, and community allocations. Unlike inflationary L1 tokens, SFP supply is capped and follows a published vesting calendar.
Three pieces of SafePal tokenomics that matter most:
Among utility tokens for self-custody wallets, SFP and TWT are the two most liquid. SFP traded above $5 at its 2021 cycle peak and has tracked the broader BNB Chain ecosystem since.
Buying SFP is straightforward. As a Binance Launchpool token, SFP has stayed listed on Binance since 2021, and a handful of secondary venues cover users who prefer not to use Binance.
For longer-term price scenarios, see our SafePal price forecast. For comparison with neighboring wallet and exchange tokens, see Trust Wallet Token, Bitget Token, and BNB.
SFP carries the layered risks typical of a small-cap utility token tied to a single product company.
This page is information, not financial advice. Small-cap wallet tokens carry concentrated product and platform risk that is easy to underestimate.
Analysis last updated:
SafePal (SFP) trades at $0.215712 with a 24-hour volume of $1.09M and a market capitalization of $107.86M. The asset is currently ranked #251 among all tracked cryptocurrencies.
In the last 24 hours, the SFP price has fallen +2.32%. On a seven-day window, SafePal has retraced +1.82%, under sustained selling pressure on both windows. Short-term moves are often amplified by liquidity, news flow, and derivatives positioning, so confirm signals across multiple indicators before acting.
SafePal's all-time high of $4.19 was set on February 9, 2021. The current price sits +94.85% below that peak. Distance from the all-time high is a common reference point when evaluating long recoveries and macro support or resistance.
Buying SafePal (SFP) is a five-step routine once you have picked the right venue and pair. The steps below mirror what most investors do today.
You can also use the SafePal converter above to estimate how much SFP you would get for a given dollar amount before placing the order.
Whether SafePal is a good investment depends on your goals, time horizon, and tolerance for volatility. Like all cryptocurrencies, SFP carries real market risk: prices can rise or fall sharply in a day, and past performance is not a reliable indicator of future returns.
This page provides data and analysis for educational purposes only. It is not financial advice. Always do your own research, diversify, and never invest more than you can afford to lose.
