SafeCoin Price, News and Analysis (SAFE)

SafeCoin (SAFE) Frequently Asked Questions

What is SafeCoin?

SafeCoin is a PoW/PoS cryptocurrency based on the Zhash algorithm.  (Description provided by CryptoCompare)

How do I buy SafeCoin?

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including SafeCoin.

Where can I get SafeCoin wallet?

SafeCoin produces its own wallet software that is available for download on its website, which allows you to store SafeCoin on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of SafeCoin?

One SafeCoin (SAFE) is currently worth $0.74 on major cryptocurrency exchanges. You can also exchange one SafeCoin for 0.00001299 bitcoin(s) on major exchanges. The value (or market capitalization) of all available SafeCoin in U.S. dollars is $20.60 million.

What hashing algorithm does SafeCoin use?

SafeCoin is a proof of work (PoW) and proof of stake (PoS) coin that uses the Zhash algorithm.

How do I mine SafeCoin?

SafeCoin can be mined using specialized mining software. XMR Stak is a commonly-used mining tool that works for CPU mining and GPU mining with both Nvidia and AMD graphics cards. CCMiner is another popular mining tool for computers with NVIDIA graphics cards. In addition to having mining software, you will need a SafeCoin and access to a mining pool that pools your effort with other miners and a wallet to store the SafeCoin that you earn from mining. Most cryptocurrencies have multiple publicly-available mining pools that can be found with a simple Google search.

What is the Reddit page for SafeCoin?

The official Reddit community (subreddit) for SafeCoin is r/SafeCoins.