- SafePal is a wallet aiming to ensure security in the crypto space.
- SFP surged past $1.3 yesterday, Thursday.
- SafePal has its strong foothold at $0.80.
SafePal (SFP) was among the best performers within the cryptocurrency world within the past 48 hours. The upsurges saw the token climbing towards $1.37 from $0.85 lows within two days. For now, the alt trades around $1. Anyone interested in purchasing SFT in the coming days should utilize the stop-loss strategy as the risk is still high.
Hardware Wallet Aiming at Security in the Crypto Space
SafePal (SFP) is a hardware crypto wallet that targets simplicity and secure crypto dealing for everyone in the space. It allows users to trade, swap, grow and manage their cryptocurrency fortunes without compromising security.
Moreover, experts with over 15 years of know-how in software, cybersecurity, and software launched SafePal in 2018. With its top-notch user-oriented and security spirit, the platform has proven easy to use and safe for cryptocurrency fans.
For now, SafePal serves over three million investors in over 195 countries. Moreover, it’s the first wallet backed and invested by Binance. It supports over 10,000 cryptocurrencies, and the main products of the hardware wallet are SafePal Leather Case, SafePal Cypher and SafePal S1.
SafePal S1 wallet boasts ‘self-destruct consensus and guarantees high-end security. Its size matches a credit card and backs more than 30,000 tokens and 33 blockchains.
SafePal Cypher ensures convenient storage, and it can resist acid, salt, and water. Designers made SafePal Cypher with high-end 304 stainless steel. Moreover, it is compatible with all software or hardware BIP39 wallets.
The final trading sessions of March saw SFP exploding higher. However, a stop-loss order remains vital for anyone purchasing the token in April due to colossal risks. The token’s daily volume remains high, but a technical viewpoint shows risks of more declines.
Massive Support at $0.80
SafePal was among the best performers in the crypto space over the past week, changing hands near $1.08 at this publication. The alt lost about 12% from its Thursday highs beyond $1.3. The crypto sees weakness from its latest peaks, but a leg up past $1.4 resistance would mean a trade signal. Nevertheless, declining under the $0.8 foothold would trigger a massive sell signal.
Conclusion
SafePal (SFP) is a hardware crypto wallet allowing investors to trade, grow, swap, and manage their cryptocurrency fortuned with top-notch security. SFP exploded over the past couple of days, and enthusiasts should employ stop-loss order when interacting with the alt. SafePal price appears week during this publication.
