Get up to $200 for getting started
Coinbase Logo
Sign in
Price
$0.0029
10/2/2022, 7:39:05 AM
diamondHands

Keep an eye on Safex Cash

Get instant alerts for major price changes.

Market

Market stats

Market cap

$519,242.08

Volume (24h)

$769.63

Circulating supply

178.2M SFX

All time high

$1.00

Price change (1h)

+0.81%

Price change (24h)

+0.51%

Price change (7d)

+17.17%

Sign up now to get up to $400 in rewards

Coinbase users can earn up to $400 on average just by taking advantage of our rewards. Get started now.

congratulationsOnEarningCrypto

Safex Cash is on the rise this week.

The price of Safex Cash has risen by 17.17% in the past 7 days. The price increased by 0.51% in the last 24 hours. In just the past hour, the price grew by 0.81%. The current price is $0.002913 per SFX. Safex Cash is 99.71% below the all time high of $1.00.

The current circulating supply is 178,237,812.07 SFX.

About

Safex Cash (SFX)

What Is Safex Cash (SFX)?

Safex Cash (SFX) is a marketplace and changeable digital cash system protocol. According to the whitepaper, the platform is a peer-to-peer marketplace with an embedded anonymous cryptocurrency with an excretion rate that is based on merit and is easy to obtain. Safex Cash network enables online merchants to get available breaks from being stuck at the understanding of centralized platforms that charge fees to compete against their customers. The platform aims to unite the world through cryptocurrency and blockchain technological creations to enhance communication and improve human quality of life.

Cryptocurrencies are favorably effective for making global payments and purchases. Nevertheless, there are many flaws due to the offsite clearing of the payments. The Safex blockchain addresses those flaws by delivering a fully operational marketplace agent where people can offer their goods or services straight away on the blockchain. Also, all the payment processing takes place atomically through blockchain transactions.

The SFX is a native digital cryptographically connected utility token of the Safex Marketplace. The token is planned to play an essential role in the functioning of the ecosystem on the Safex Marketplace. Safex Cash token is a non-refundable operational utility token used as the mode of exchange between participants on the platform. SFX tokens provide a mechanism for people to license themselves with the blockchain network. The tokens are utilized in two different forms: In the main form, the Safex tokens are employed to make an account on the network. And in the second, someone with Safex tokens holding can lock in their tokens in the blockchain and begin receiving fees from the marketplace. The Safex blockchain settles incentives to the utilities mentioned above. Safex Cash is distributed using a proof of work mining algorithm.

History of Safex Cash (SFX)

Daniel Dabek founded the Safex Cash protocol and serves as executive director of the Safex Foundation. The token's total supply is 1,000,000,000 SFX tokens. The whitepaper of the network was released on January 3, 2018, and revised on November 5, 2020.

Related Assets

Trending assets

Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Recently added

A selection of the most recently added cryptocurrencies.

Comparable market cap

Of all the assets on Coinbase, these 8 are the closest to Safex Cash in market cap.

FAQ

What is the current price of Safex Cash?

The price of 1 Safex Cash currently costs $0.0029.

What is the market cap of Safex Cash?

The current market cap of Safex Cash is $519.24K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Safex Cash?

The all-time high of Safex Cash is $1.00. This all-time high is highest price paid for Safex Cash since it was launched.

What is the 24 hour trading volume of Safex Cash?

Over the last 24 hours, the trading volume of Safex Cash is $769.63.

What other assets are similar to Safex Cash?

Assets that have a similar market cap to Safex Cash include LINKA, NewYorkCoin, DAOstack, and many others. To see a full list, see our comparable market cap assets.

How many Safex Cash are there?

The current circulating supply of Safex Cash is 178 million.

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Coinbase Bytes article