Few days ago, when most Chinese users received simultaneous announcement from several biggest crypto exchange platform about suspending services to China users, SFP price suddenly shot up significantly.

Why? Safepal was backed by Binance. If you use their wallet, you can still log into your Binance account, and can continue to do what needs to be done as a trader. Of course, the price roared as the news was spread. Another reason for the price change was the airdrop partnership of Safepal with Dreamquest. What a show! You couldn’t even get in the Dreamquest’s discord and get yourselves verified.

One of the qualification for airdrop was either you have the hardware wallet from Safepal or 100 SFP in their soft wallet. If you tried, you would know that the hardware wallet was out of stock! Users went alternatively to buy SFP to hit the qualification, pushing price higher up…

Price of SFP dropped by nearly 30% since the high in the past couple days. Still pretty good price. Users will found it more and more friendly especially when the exchanges really keep their promise and ban China users at the cutoff date… Maybe I should consider to get some SFP?? NFD.