SAFEX Crypto
SAFEX is trading at 0.005362 as of the 30th of November 2024, a 0.41% down since the beginning of the trading day. Cryptocurrency ratings for SAFEX are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
SAFEX is a digital token from a market place for peer-to-peer digital currency indicated as Cryptocurrency. Please note that SAFEX has not been traded in the last 3 months and is extremely volatile. Cryptocurrencies such as SAFEX are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as SAFEX are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.
SAFEX Crypto Coin Highlights
Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. SAFEX's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding SAFEX or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
| Business Concentration | Technology, Cryptocurrency, Blockchain (View all Sectors) |
SAFEX is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on few exchanges in multiple currencies. The Safe Exchange Platform allows the creation of digital assets and contracts, cryptographic data-storage and transfers. Through a client application a user can define an item's attributes and then later offer that item in a contract to a marketplace where others can discover, scrutinize, and fulfill the terms of the contract autonomously without the necessity of a trusted third party. | |
| Symbol | SAFEX |
| Rating | D- |
| Technology Adoption Rating | D- |
| Name | SAFEX |
| Proof Type | PoC |
| Sponsored | false |
| Algorithm | Scrypt |
| Is Trading | true |
| Asset Launch Date | 2015-11-22 |
| Full Name | SafeExchangeCoin (SAFEX) |
| Asset Website Url | http://safex.io/ |
| Platform Type | blockchain |
| Coin Name | SafeExchangeCoin |
SAFEX (SAFEX) is traded on CRYPTO Exchanges. SAFEX is peer-to-peer digital currency powered by the Blockchain technology. The coin currently falls under '' category with a current market capitalization of 0. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate SAFEX's market, we take the total number of its shares issued and multiply it by SAFEX's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
SAFEX's Exchanges and Markets
SAFEX Risk Profiles
| Mean Deviation | 1.45 | |||
| Semi Deviation | 1.79 | |||
| Standard Deviation | 2.03 | |||
| Variance | 4.11 |
SAFEX Technical Analysis
When it comes to investing in cryptocurrency, such as SAFEX, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of SAFEX, which is currently traded at 0.005362, shows everything you need to know about SAFEX market value. You don't have to consider the fundamental factors that affect a crypto asset, such as SAFEX, to determine its price movements. However, the SAFEX's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so SAFEX's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project SAFEX's future price trendTransformation |
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SAFEX Against Markets
SAFEX Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with SAFEX crypto coin to make a market-neutral strategy. Peer analysis of SAFEX could also be used in its relative valuation, which is a method of valuing SAFEX by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Investing Ideas
In addition to having SAFEX in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Thematic Opportunities
Explore Investment Opportunities
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.