Safex Token (SFT) is not tradable on Coinbase.
Data is sourced from third parties. We make no representation on the accuracy of the data provided. Learn more
Safex Token Price (SFT)
Market stats
Safex Token is on the rise this week. ↗
The price of Safex Token has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. Safex Token’s price has also risen by 100.00% in the past week.
Overall
Data is sourced from third parties. We make no representation on the accuracy of the data provided. Learn more
Market cap
Not enough data
Volume (24h)
Not enough data
Circulating
Not enough data
All time high
Not enough data
Price change
1 hour
↗ 100%
1 day
↗ 100%
1 week
↗ 100%
2 weeks
Not enough data
1 month
↗ 100%
1 year
↗ 100%
1 year benchmarks
Performance
Not enough data
Vs. Market
Not enough data
Vs. BTC
Not enough data
Vs. ETH
Not enough data
FAQ
Safex Token (SFT) is the utility token powering Safex, a community-driven open source marketplace platform on the blockchain. The platform aims to simplify trading goods and services and prevent merchants from the odds of centralized web stores. Mostly regulated platforms levy high charges against transactions and leverage data to expand their customer base. However, Safex allows merchants to create unstoppable web stores and conduct direct trading of goods without intermediaries. As its Bluepaper describes, Safex introduces a fungible digital asset system. The platform envisions using digital crypto assets as the primary medium of exchange in web-based commerce.
Safex seeks to encourage mass adoption of cryptocurrency in the world of eCommerce. To ensure maximum productivity and secure trading, Safex runs on a privacy blockchain. The blockchain utilizes a crypto-node application layer protocol to secure and stop the spreading of valuable information. Also, the Safex blockchain includes upgraded marketplace protocols with a vision to facilitate secure borderless transactions and eCommerce.
SFT or official Safex token provides merchants the means to license their business on the blockchain network. The network imposes a 5 percent charge on the successful trading of goods and services in the marketplace. However, the charges are handed out as token rewards to all SFT holders. In addition, merchants can lock SFTs and stake the tokens to keep rolling revenues from the marketplace. Besides encouraging revenue sharing, SFT empowers users to vote and participate in the platform’s work and decisions.
The Safex network also features Safex Cash, a mineable crypto coin that functions as a secure medium of exchange within the Safex ecosystem. The utility token seeks to optimize interaction and usage between the participants in the marketplace. Safex Cash relies on a Proof-of-Work mechanism to mine coins without the need for expensive rigs. Mining of the token is pretty much effortless using CPU and GPU.
Daniel Dabek is the creator and founder of the Safex Token (SFT). Daniel is the former lead software architect in the blockchain industry. Currently, he is the executive director of Safex Foundation. The blue paper was published on January 3, 2018, by Daniel and Ivana Todorovic, the principal designers of SFX or Safex Cash.
We update our Safex Token to USD currency in real-time. Get the live price of Safex Token on Coinbase.
Safex Token Price History
Date | Price | Change |
|---|---|---|
Today (February 23, 2025) | $0.00 | +NaN% |
24 hours ago (February 22, 2025) | $0.00 | +100.00% |
1 week ago (February 16, 2025) | $0.00 | +100.00% |
1 month ago (January 23, 2025) | $0.00 | +100.00% |
1 year ago | $0.00 | +100.00% |
Get up to $200 for getting started
Earn free crypto after making your first purchase. Terms apply.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Coinbase Bytes
Coinbase Bytes
The week’s biggest crypto news, sent right to your inbox
Learn how we collect your information by visiting our Privacy Policy.
Related Assets
Discover conversions
Popular cryptocurrencies
A selection of cryptocurrencies in the top 50 by market cap.
Discover more assets
A selection of other relevant cryptocurrencies
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.