Market Rank | #2689 |
---|---|
Market Cap | $ 2.7M |
Volume 24h | $ 1.9K |
Circ. Supply | 31.2M |
Total Supply | 31.2M |
Max Supply | ? |
The current price of SafeDeal (SFD) is $ 0.08511900.
SafeDeal (SFD) is a form of digital or virtual currency that utilizes peer-to-peer technology to facilitate instant payments. Like many cryptocurrencies, it operates independently of a central bank and uses encryption techniques to secure transactions and control the creation of new units.
It is not explicitly known who created SafeDeal or their exact motivations. However, like other cryptocurrency creators, they likely sought to create a decentralized financial system with efficient, secure, and transparent transactions.
Without more specific information about SafeDeal's unique features or functionality, it's challenging to pinpoint what differentiates it from other cryptocurrencies. However, each cryptocurrency typically brings specific technology developments or use-case scenarios to the market that distinguish them from others.
If SafeDeal (SFD) operates under a Proof-of-Work or Proof-of-Stake consensus mechanism, mining or validation will be a significant part of its network operations. Cryptocurrency mining involves validating transactions on the blockchain for a reward.
Assuming SafeDeal has a halving mechanism like Bitcoin, its halving would decrease the rewards for mining, potentially influencing the price and market interest. However, the precise effects would depend on various factors, including market conditions at the time of halving.
SafeDeal likely employs cryptographic security measures common to many cryptocurrencies. These could include cryptographic hashing, digital signatures, and consensus mechanisms like Proof-of-Work or Proof-of-Stake.
There are currently 31.2M SafeDeal (SFD) in circulation.
Any cryptocurrency's status as a "store of value" depends on market perception. If SafeDeal reliably maintains its value over time and is resistant to volatility and inflation, it could be considered a potential store of value.
SafeDeal's price has recently decreased by -2.76%.
The safest place to buy SafeDeal (SFD) would be on one of the CREX24, Graviex, SouthXchange it is currently listed on. Remember to use secure internet connections when trading cryptocurrencies and store your coins in a secure wallet to safeguard your assets.
It is highly recommended to store your SafeDeal (SFD) in a secure digital wallet. Choose a wallet that has strong security measures, including encryption and backup features.
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