The two‐step synthesis of sodium (2,3,5,6‐tetrafluorophenoxy) diethane sulfonate (Na‐TFP) is reported, starting from 2,3,5,6‐tetrafluorohydroquinone as the precursor. Compared with conventional aqueous electrolytes such as 0.5 m NaClO4 and Na2SO4, the 0.5 m aqueous solution of Na‐TFP provides higher ionic conductivity over a wide range of temperature (e.g., >60 mS cm−1 at 20 °C and >70 mS cm−1 at 30 °C) and a wider electrochemical stability window. Electrochemical cells with Na2VTi(PO4)3 as the positive electrode active material and a carbon‐based negative electrode provide a stable capacity for more than 450 cycles in 0.5 m Na‐TFP. Additionally, symmetric cells with Na2VTi(PO4)3 as the active material for the negative and positive electrode are studied. The cells employing 0.5 m Na‐TFP exhibit a good cycling stability at a high dis‐/charge rate of 5C for more than 50 cycles, which is superior to the performance of the cells employing 0.5 m aqueous solutions of NaClO4 and Na2SO4 as the electrolyte. The design of this bifunctional salt may trigger new ideas for the development of water‐based sodium‐ion battery electrolytes.