Safe Price

(SAFE)
USD($)
Safe (SAFE) Live Price Chart

Safe Live Price Data

The live price of Safe is $2.2, with a total trading volume of $ 929,200 in the last 24 hours. The price of Safe changed by +0.07% in the past day, and its USD value has decreased by -1.64% over the last week. With a circulating supply of -- SAFE, the market cap of Safe is currently -- USD, marking a --% increase today. Safe currently ranks #-- in market cap.
How do you feel about Safe today?
Note: This data is for reference only.
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Safe(SAFE) Profile

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rate--
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Website
Documentation
Contract
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Audited By
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Code & Community
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$2.1500
$2.2900
$49.0700
-0.27%
+0.07%
-1.64%
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$193,777 
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About SAFE

How can I buy Safe (SAFE)?

Buying SAFE on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Safe (SAFE) for more information.

What Is Safe (SAFE) Crypto?

Safe, formerly known as Gnosis Safe, is a platform focused on providing secure smart account management for Ethereum and other blockchain networks. It offers a decentralized custody protocol and collective asset management through Safe Wallet, which utilizes multi-signature security to manage digital assets securely. Users can configure their crypto wallets with various security measures, and the system supports integration with many popular wallets like Ledger, Trezor, and MetaMask​.

Safe's infrastructure extends beyond just wallet services. It includes Safe Core, a comprehensive account abstraction layer that allows developers to create custom smart contract accounts and interact with the Ethereum blockchain more effectively. This system is designed to facilitate easier user onboarding and interactions by supporting transactions that bypass traditional gas fees and are compatible with ERC-20 tokens​.

The platform is supported by over 14 blockchains and can batch transactions to save on fees, significantly enhancing the usability for both individual users and developers. It also features a built-in app store from which users can access various decentralized apps directly through the Safe interface​.

Safe's governance is handled by SafeDAO, a decentralized autonomous organization that includes a range of stakeholders from the ecosystem, including users and developers. This governance model helps ensure the platform remains aligned with its users' needs and the broader blockchain community​.

How Does Safe Work?

Safe provides secure infrastructure known as Safe Smart Accounts, primarily targeting Ethereum and other blockchain networks. It combines the features of a multi-signature wallet with advanced account abstraction capabilities to offer robust security and flexible management options. The core components of Safe include:

Multi-Signature Security

The platform ensures that each account can be controlled by multiple private keys. This setup allows various users to co-manage the same account, which is crucial for decentralized ownership structures like DAOs or corporate governance​.

Account Abstraction

Safe Core is a full-stack solution that offers a set of tools for developers to create customized smart contract accounts. These accounts can interact with the blockchain more sophisticatedly than traditional wallets, supporting features like transaction batching, modular integration, and gas-less transaction options​.

User Interface and Accessibility

Safe provides an intuitive interface through the Safe Wallet, accessible via web and mobile platforms. This interface includes an in-built app store, making accessing and interacting with various Web3 applications easier. Users can also simulate transactions before execution to ensure accuracy and cost-effectiveness.

Cross-Network Compatibility

Safe supports a wide range of networks beyond just Ethereum, including BNB Chain, Optimism, Arbitrum, and more. This makes it versatile for users operating across different blockchain environments​.

Community and Governance

Safe is governed by SafeDAO, which includes a mix of core contributors, users, and backers from the ecosystem. This governance structure helps shape the platform's development and ensures it aligns with the community's needs​.

History of Safe (SAFE) Coin

Safe (SAFE), originally known as Gnosis Safe, was launched in 2018. It was founded by Tobias Schubotz and Richard Meissner, who aimed to provide a secure, flexible, and efficient platform for managing digital assets on Ethereum and other blockchain networks. Since its launch, Safe has undergone significant developments to enhance its functionality and expand its ecosystem:

1. Multi-chain Support

Safe has expanded its compatibility from Ethereum to include other networks such as Binance Smart Chain, Polygon, Avalanche, and Celo. This allows users to manage their digital assets across multiple blockchains using Safe's secure infrastructure.

2. Native Mobile Support

Recognizing the need for accessibility, Safe introduced native mobile support for its applications on iOS and Android, making it easier for users to manage their assets on the go.

3. Governance Model

The introduction of SafeDAO is a notable development, establishing a decentralized governance framework that allows the community to participate actively in the decision-making process. This includes proposals and voting on key issues affecting the platform.

4. SafeAuth Integration

The integration with SafeAuth enhances user onboarding by allowing the creation of externally owned accounts using email or social media accounts. This collaboration with Web3Auth leverages MPC technology to offer a smoother transition for Web2 users into the Web3 space.

5. Ecosystem Growth

The platform has actively grown its ecosystem, integrating numerous applications directly accessible within the Safe interface, which has been pivotal in making it a more comprehensive asset management platform.

What Is SAFE Token Used for?

The SAFE token, native to the Safe platform, primarily functions as a governance token within the SafeDAO ecosystem. Holders of the SAFE token can participate in governance decisions, influencing the development and strategic direction of the Safe ecosystem. This includes voting on proposals related to resource allocation, ecosystem enhancements, and amendments to the governance framework itself.

Additionally, the SAFE token has utilities beyond governance. For instance, it's integrated into the Safe Activity Program, which rewards users for their engagement and contributions to the platform. This program incentivizes active participation by offering benefits such as sponsored transactions and eligibility for special NFTs linked to governance activities.

You can also trade SAFE coin against other cryptocurrencies on the KuCoin Spot Market to profit from changing market conditions and volatility. Buy or sell $SAFE or HODL if you believe in the long-term potential of this project, but only after you DYOR.

Safe (SAFE) Price Movements ($)
PeriodChangeChange (%)
Today$-0.0015-0.07%
7 Days$-0.0369-1.65%
30 Days$0.256913.22%
3 Months$1.7340.42%
24H Investment Barometer
24H
Buy
The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Risk warning:Please note that the Investment Barometer is provided for informational purposes only and is not an investment advice. Investing carries risk. Please make investment decisions cautiously and based on your own judgement.
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Safe Conversion Rate
  • 1 SAFE to USD$2.2
  • 1 SAFE to EUR€2.02
  • 1 SAFE to AUD$3.32
  • 1 SAFE to KRW₩3,010.65
  • 1 SAFE to JPY¥345.57
  • 1 SAFE to GBP£1.72
  • 1 SAFE to INR₨182.82
  • 1 SAFE to IDRRp35,311.51
  • 1 SAFE to CAD$3
  • 1 SAFE to RUB₽199.45

FAQ

How much is 1 Safe (SAFE) worth?
KuCoin provides real-time USD price updates for Safe (SAFE). Safe price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time SAFE to USD exchange rates.
What Is Safe (SAFE) Tokenomics?

The tokenomics of the SAFE token are structured to support the ecosystem's growth and active participation from its stakeholders. Here are some key elements:

SAFE Token Allocation

> User Participation: 5% of the total supply is dedicated to active users, half of which is available immediately and the rest vested over four years.

> Guardians (Ecosystem Contributors): Also allocated 5% of the total supply, with an initial airdrop where half is available immediately and the remainder vests over four years.

> Strategic Raise: 8% of the supply is designated for strategic partners, initially vested over four years with a one-year lockup.

> Core Contributors: 15% of the total supply goes to core team members and future talents, typically vested over four years.

> Safe Foundation: Receives 7% to support legal and operational activities, with some tokens available immediately and the rest vested over four years.

> SafeDAO and GnosisDAO Treasuries: The largest allocation, 55% of the total supply, supports the financial sustainability and strategic alignment between Safe and Gnosis, vested over several years.

Is Safe (SAFE) a Good Investment?

Investing in Safe (SAFE) offers several potential advantages, primarily revolving around its robust security features and the strategic utility of the SAFE token within its ecosystem:

1. Security and Reliability

Safe is renowned for its high security standards, providing a trusted platform for managing digital assets. It utilizes multi-signature wallets and has a history of rigorous contract audits, contributing to its reputation as a secure environment for asset management​.

2. Governance Participation

Investors in SAFE tokens can participate in SafeDAO, influencing the platform’s development and governance decisions. This allows token holders to have a say in the project's direction, potentially steering developments that can enhance the value of their investments​.

3. Ecosystem Integration

SAFE token holders benefit from being integral parts of the ecosystem through various programs encouraging active participation and contribution. This includes potential rewards for ecosystem engagement and voting rights in governance, adding a layer of utility and incentive for investors​.

4. Diverse Network Support

The platform’s support for multiple blockchain networks ensures that investors can manage assets across different environments, enhancing the flexibility and reach of their investment strategies​.

5. Innovative Features

Safe continues introducing innovative features such as transaction simulation and the Safe RecoveryHub, which can enhance user experience and potentially increase the platform’s adoption, indirectly benefiting token holders through increased demand and usage of the SAFE token​.

What Is Safe Crypto Price Prediction?

Although the volatile nature of the crypto market makes it challenging to provide a precise $SAFE price prediction, observing the following factors could help you better understand the price trends in Safe cryptocurrency:

1. Supply and Demand for SAFE Tokens

The available supply versus the demand for SAFE tokens can significantly impact its price. The $SAFE price is likely to increase if the token is in limited supply and high demand. Conversely, the SAFE to USD price may drop if there is an excess supply with little demand.

2. Utility and Adoption of Safe Ecosystem

The actual use cases and integration of the SAFE token within the Safe ecosystem contribute to the SAFE crypto price. The more utility a token has, such as governance rights or reward mechanisms, and the broader its adoption for these purposes, the more likely it is to hold or increase in value​.

3. Crypto Market Sentiment

General sentiment in the cryptocurrency market, influenced by news, investor outlook, and global economic conditions, can also affect the price of SAFE. Positive news might boost prices, while negative news can cause declines in the SAFE coin price​.

4. Future Developments in the Safe Coin Roadmap

Innovations and updates within the Safe platform, such as enhanced security features or new integrations, can make the token more appealing to investors and users, potentially increasing the SAFE token price​.

5. Bitcoin’s Price Movements

As seen with many altcoins, the price of SAFE may also be indirectly influenced by the price movements of Bitcoin, given Bitcoin’s dominant market position​.

What is the all-time high price of Safe (SAFE)?
The all-time high price of Safe (SAFE) is $49.0700. The current price of SAFE is down 0.96% from its all-time high.
What is the all-time low price of Safe (SAFE)?
The all-time low price of Safe (SAFE) is $0.1081. The current price of SAFE is up 19.36% from its all-time low.
What is the market cap of Safe (SAFE)?
The current market cap of SAFE is $7.51M. It is calculated by multiplying the current supply of SAFE by its real-time market price of $7.51M.
How do I store Safe (SAFE)?
You can securely store your Safe in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your SAFE include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Casper (CSPR) to cash?
You can instantly exchange your Casper (CSPR) for cash using KuCoin's Fast Trade feature. This feature enables you to convert CSPR to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.
Fear & Greed Index
Note: Data is for reference only.
Neutral48
SAFE
Estimated
-- USD
SAFE/USDT1
$2.2000+0.07%