What is Safcoin ? Top 10 Questions about Safcoin

Safcoin Africa's Pride
3 min readSep 2, 2021

1. What is Safcoin?

Safcoin is a native POW crypto founded in South Africa 2018. It runs on its own Mainnet blockchain with the first block mined on 12 December 2018.
It is the Pride of Africa.
Follow us on Telegram to stay up to date: https://t.me/SafcoinGroup

2. Who is the Founders behind Safcoin?

We’re a family. Literally.

A streetwise trio: two brothers and a wife who have endeavoured 40 years of combined entrepreneurial experience in the e-commerce sector, together — in South Africa and beyond.
Together we each bring to the table a unique skillset, knowledge and passion — adding enormous value to the SAFCOIN eco-system.
See our WhitePaper for complete team info: https://www.safcoin.africa/SAFCOINWhitepaper2.0.pdf

3. Why is it called Africa’s Pride?

Being the first POW Scrypt crypto founded in Africa, we have achieved many firsts for the African crypto market and will be making history by becoming the first South African founded crypto on the global crypto spectacle with our HotBit listing.

SAFCOIN really is Africa’s pride. It’s been amazing to watch our vision come to life, and it keeps growing from strength to strength, connecting and empowering more Africans across the continent every day

4. Why is it listing on Hotbit?

On our pursuit to decentralization, liquidity Value and growth we are listing on Major top tier exchanges. To date HotBit boasts an impressive line of blockchain partners, having already partnered with blockchain giants. HotBit is one of the world’s leading cryptocurrency exchange platforms and we believe this historical listing will do wonders for Safcoin.
Welcome to view our listing history on CoinGecko: https://www.coingecko.com/en/coins/safcoin

5. What use-cases are there for Safcoin?

Safcoin has a unique ecommerce ecosystem connecting Asia exporters with Africa importers through a crypto payment environment. We built SAFPay crypto gateway which is integrated in ecommerce platforms to support Global crypto payments including USDT, BTC, ETH and Safcoin.
See the Buy and Sell anything with crypto online mall here: https://www.cryptovalley.africa/

SAFCOIN help, connecting emerging markets to the world of online commerce, thereby accelerating the continent’s participation in a global economy.

6. How many Safcoin will there be?

There will only be 10M (10 million) SAF ever. It is built on its own Blockchain mainnet with Scrypt algorithm.

7. How is Safcoin mined?

It is mined on POW Scrypt algorithm, like LiteCoin. 2.5m per Block. It is halved every year and will be mined until 2046

8. Where is Safcoin listed now?

HotBit is Safcoin’s first major exchange listing.
It is currently listed on 2 small exchanges, Catex: https://www.catex.io/trading/SAF/USDT?load=2 and P2PB2B. You can access our exchanges from our official website https://www.safcoin.africa

9. What is the long-term plan and vision for Safcoin?

We are on a mission to mars! Our vision is to be on all major exchanges globally. To fly the South African flag high into the Global stage. We will be known as the African crypto. With Safcoin’s ecosystem in the Ecommerce crypto use-cases industry already integrated, Safcoin looks set to make Africa proud.
Good article covering our RoadMap: https://www.thesouthafrican.com/technology/safcoin-makes-history-as-sas-first-cryptocurrency-to-go-global/

10. Where will Safcoin list after Hotbit?

We have already been approved for listing at 20+ global exchanges. Our intention is to be listed on all the top tier 1 exchanges in the next 12 months, after the HotBit listing we will announce the next major exchange listing.
Just follow us on our social networks and be first to know about new hot listings to come.

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Safcoin Africa's Pride

Africa’s very first POW Scrypt coin founded in S.A. 2018 Only 10M SAF ever mined. With Safcoin use-cases already integrated, Safcoin is set to make Africa proud