SafePalreview
- Physical buttons, smartphone
- Easy to use
- Integrated trading feature
- No desktop app
- Not open source
We consider the SafePal S1 to be a very cleverly designed hardware wallet. The device generates a unique QR code on its built-in screen, which can then be scanned by a smartphone using the accompanying software. According to the manufacturer, this offers a security advantage because, unlike other wallets, SafePal never physically connects to another device. We also really like the combination of tactile controls and a color display. SafePal definitely does things differently than its competitors and is a genuine alternative in this category. However, since trust, transparency, and open source are important criteria for us, we would lean towards the better-known competing products. For those who don’t prioritize these points, the SafePal S1 is a great choice—an excellent, high-quality wallet that scores well thanks to its affordable price and many comfort and security features.
About SafePal
Description
The SafePal S1 is a hardware wallet for cryptocurrencies. Unlike other manufacturers, it does not connect physically to another device (e.g., via USB) but instead pairs by scanning a QR code generated on the wallet itself. The company received investment from the crypto exchange Binance in 2018.
Social media | 740,284 |
Shop |
Wallet type | Hardware |
Price | $49 |
Number of cryptocurrencies | 30,000+ |
Best suited for | Beginners |
Open source | No |
Private key owner | You (Non-Custodial) |
Privacy | Medium |
Our SafePal rating
Review result
Our opinion
We consider the SafePal S1 to be a very cleverly designed hardware wallet. The device generates a unique QR code on its built-in screen, which can then be scanned by a smartphone using the accompanying software. According to the manufacturer, this offers a security advantage because, unlike other wallets, SafePal never physically connects to another device. We also really like the combination of tactile controls and a color display. SafePal definitely does things differently than its competitors and is a genuine alternative in this category. However, since trust, transparency, and open source are important criteria for us, we would lean towards the better-known competing products. For those who don’t prioritize these points, the SafePal S1 is a great choice—an excellent, high-quality wallet that scores well thanks to its affordable price and many comfort and security features.
Pros and cons
What we like:
- Easy to use
- Connection via QR code
- Thoughtful security features
- Affordable price
- Color display
What we don't like:
- Unknown company
- Not open source
SafePal user reviews
App Store
around 600 ratings
4.8/5
Google Play Store
around 71,200 ratings
4.7/5
Trustpilot
around 300 ratings
4.1/5
What users say about SafePal
Our artificial intelligence (AI) collects and analyzes user experiences about SafePal from across the web and summarizes the most important insights for you in a clear and concise way.
User review summary for SafePal
In summary, the SafePal Wallet generally receives positive reviews, particularly for its user-friendliness and broad support for various cryptocurrencies. Users appreciate the wide range of features and high security standards, although some express concerns about software updates and the company’s transparency. Opinions on beginner-friendliness are mostly positive, with some users mentioning a certain learning curve. Support is rated mixed, with some users praising quick and helpful responses, while others criticize slow response times and unresolved issues. Overall, however, experiences are predominantly positive, indicating general user satisfaction with the SafePal Wallet.
In summary, the SafePal Wallet generally receives positive reviews, particularly for its user-friendliness and broad support for various cryptocurrencies. Users appreciate the wide range of features and high security standards, although some express concerns about software updates and the company’s transparency. Opinions on beginner-friendliness are mostly positive, with some users mentioning a certain learning curve. Support is rated mixed, with some users praising quick and helpful responses, while others criticize slow response times and unresolved issues. Overall, however, experiences are predominantly positive, indicating general user satisfaction with the SafePal Wallet.
Ease of use and user experience
Features and services
Supported assets
Security and trust
Beginner-friendliness
Support
SafePal preview
SafePal features
Buy & sell | Yes |
Staking | Yes |
NFT integration | Yes |
Two-factor authentication | Yes |
Multi-signature | No |
Backup | Recovery seed (24 words) |
Special features
- SafePal app
- SafePal Earn
- QR code (air-gapped signing)
- Self-destruct feature
- Hidden wallet (plausible deniability)
iOS App | Yes |
Android App | Yes |
Desktop App | No |
SafePal hardware
Price | $49 |
Secure elements | CC EAL5+ |
FIDO2 / U2F support | No |
Certification | – |
Build quality | Medium |
Handling | Physical buttons, smartphone |
Screen | 240 x 240 pixels |
Connectivity | QR code |
Dimensions | 86 mm x 54mm x 6mm |
Weight | 124 g |
What's included | 1 SafePal hardware wallet, 1 cleaning cloth, 3 recovery sheets, manual, 2 stickers, 1 USB cable |
About SafePal
Company | SAFEPAL LTD. |
Headquarters | Seychelles |
Company size | Small |
Founder | Veronica Wong |
Founding year | 2018 |