SafePals S1 is one of the new wallets on the market with high security standards and support from Binance. SafePal is founded in China in 2018 by industry veterans and is the first hardware crypto wallet manufacturer invested and backed by BinanceLabs. Binance is the world’s leading cryptocurrency platform and supports early stage blockchain startups in terms of contributing to the development of the crypto markets.
When you open the box, you will find a SafePal S1 hardware wallet with a USB cable, cleaning cloth, mnemonic phrase card, and user manual. SafePal is an air-gapped hardware wallet that means it never establishes an active internet connection during the transactions. The camera on the device will help you to scan QR codes on the screen and transactions will be proceeded. The USB cable is only for upgrade purposes. When the company’s firmware has an update, you can always connect your device to any computer and update the firmware.
When you first open the package and start using the wallet, read the manual carefully. It is super easy to finish setup in a few minutes. You are required to create a PIN code and Mnemonic phrase words before being able to use your wallet. 12 or 24 keywords are very important to retrieve your account in case of the device is stolen, broken, or lost. You will use your key words to reach your account. Write your keywords on paper and keep it in a safe place.
Based on a total of 11 reviews across the web for the SafePal S1 we gave the wallet an overall rating of 56%.
|Overall User Rating||
||8 reviews 8|
|Is This Coin a Scam||
||4 reviews 4|
||3 reviews 3|
||1 review 1|
The SafePal S1 supports over 70 cryptocurrencies including Ethereum, Tether USDt, Solana and Cardano.
Which crypto software wallets and platforms does the SafePal S1 support? The SafePal S1 supports several crypto software wallets including WalletConnect and is supported by several crypto software wallets including AAVE, Compound and Binance.
|Wallet name||SafePal S1|
|Release date||May 0019|
|Package contents||SafePal wallet, USB Cable, Mnemonic phrase card, User Manual, Cleaning Cloth|
|Input methods||QR reader, Arrow keys|
|FIDO U2F authentication||No|
|On screen 2FA||Yes|
|Memory card slot||No|
|Not battery powered||Yes|
|Total supported cryptocurrencies||79|
|Supported languages||French, Korean, Japanese, Vietnamese, Spanish, Simplified Chinese, German, Traditional Chinese and Italian|
|Operating systems||Android and iOS|
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