SAFEX is a cryptocurrency token that backs a decentralized marketplace project. The creators of which envision a world where people can transact freely using cryptocurrencies.
This system will function similarly to other eCommerce solutions but will allow users to retain their privacy and keep their data out of the hands of eCommerce giants like Amazon that may abuse this information. Users will be able to utilize escrow systems to be sure that they will get what they pay for, and they will even be able to rate vendors within the system.
Holders of SAFEX tokens will also be able to earn a 5% return from the transactions that pass through the network. This amount is based on the current sales data of the platform. There is a calculator on the main page, but for those who are looking to make a Safe Exchange Coin investment purely for the return, you should be aware that these are "estimates" based on what the developers perceive the transaction volume will be after 6 months of the platform being live.
These are pretty generous estimates, and it's likely your real return will be much lower. Getting people to adopt new eCommerce site is pretty tough, and it will be a long uphill battle for SAFEX to attract a user base.
The exchange situation for this token is not great. Investors can only buy Safe Exchange Coin on one platform, and that's very dangerous. If that website were to go down it could be disastrous for holders who now would have nowhere to trade their assets! Investors should proceed cautiously here, but if you wish to purchase SAFEX, then Bitcoin is the most viable trading pair. The best place to keep your investment is in the official wallet. Visit the token's website to download the client. The team has made available installation packages for Windows, Linux and Mac operating systems. After installing the wallet, make sure to create a backup of your wallet file or your seed in a safe place. You'll need this if you ever have to recover the wallet. As an investor, it's important to protect yourself from loss of funds at every opportunity.