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Crypto wallets (15)
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SafePal vs Metamask in comparison

Overview

Description

The SafePal S1 is a hardware wallet for cryptocurrencies that operates without a physical connection to other devices (e.g., via USB). Instead, it uses QR codes generated on the wallet for transactions.

SafePal
Reviews

MetaMask is a leading software wallet for Ethereum-based (EVM) blockchains, serving as both an interface and browser for Web3 applications. MetaMask's browser extension and IOS / Android app is the most popular method for connecting and interacting with decentralized apps (dApps), including Web3 gaming, DeFi, and NFTs.

MetaMask
Reviews
Pro's & Con's
Pro's
  • Easy operation
  • Connection via QR code
  • Well-designed security features
  • Affordable price
  • Color display
Con's
  • Lesser-known company
  • Not open source
Pro's
  • Popular interface for Web3 applications
  • Compatible with hardware wallets
  • Ability to purchase cryptocurrencies within the app
Con's
  • Slightly complicated for beginners
  • User interface could be more intuitive
  • Does not support Bitcoin storage
  • Only supports EVM blockchains
  • Some tokens need to be added manually

User Interface

Information

Wallet type
Hardware
Software
Price (Hardware)
49 €
Supported assets
30000
+
450000
+
Open Source
yes
Yes
no
No
yes
Yes
no
No
Anonymity
Low
Medium
High
Low
Medium
High
Private Key Owner
You (Non-Custodial)
You (Non-Custodial)
Popularity
555,643 Followers
1.29 million followers

Hardware

Screen
240 x 240 pixels
Interfaces
QR code
Service
Haptic buttons, smartphone
Processing quality
Low
Medium
High
Low
Medium
High
Secure Elements
CC EAL5+
FIDO U2F Authenticator
yes
Yes
no
No
yes
Yes
no
No
Certification
-
Dimensions
86 mm x 54mm x 6mm
Weight
124 g
Scope of delivery
1 SafePal hardware wallet, 1 cleaning cloth, 3 recovery slips, instructions, 2 stickers, 1 USB cable

Features

Buy & Sell
yes
Yes
no
No
yes
Yes
no
No
Staking
yes
Yes
no
No
yes
Yes
no
No
NFT Integration
yes
Yes
no
No
yes
Yes
no
No
Two-factor authentication
yes
Yes
no
No
yes
Yes
no
No
Multi Signature
yes
Yes
no
No
yes
Yes
no
No
Backup
Recovery Seed (24 words)
Recovery Seed (12 words
Unique Features
  • SafePal App
  • SafePal Earn
  • QR-Code (air-gapped signing)
  • Self-destruction function
  • Hidden wallet (credible deniability)
  • Access to Web3 apps
  • Browser extension
  • Connection to hardware wallets
Available for US users?
yes
Yes
no
No
yes
Yes
no
No
Platforms

Wallet Rating

Overall rating
8.0
10
7.2
10
Our individual ratings
Operation
8
7
complicated
simple
Supported Assets
30000
450000
simple
extensive
Security & Trust
8
8
simple
extensive
Functions & Scope
9
8
simple
extensive
Beginner friendliness
7
6
simple
extensive
Support
6
4
simple
extensive

About

The Company
SAFEPAL LTD.
Metamask (Mother: ConsenSys Inc.)
Headquarters
Seychelles
USA
Company size
Small
Medium
Large
Small
Medium
Large
Founder
Veronica Wong
-
Year of foundation
2018
2016

Our Review

The SafePal S1 is a uniquely designed hardware wallet. The device generates a unique QR code on its built-in screen, which can be scanned with a smartphone and the associated software. With that feature, the wallet is never physically connected to a computer or smartphone, which is very different from other hardware wallets in the space. While SafePal is quite innovative with its features, we emphasize trust, transparency, and open-source, we lean towards more well-known competing products e.g. Trust Wallet. If these points, however, are less important to you, the SafePal S1 is a high-quality wallet offering great value at an affordable price.

Safepal
Review

The MetaMask wallet is one of the most popular wallet providers on the market, supporting all blockchains compatible with the Ethereum Virtual Machine (EVM). MetaMaks is often seen as an interface to most Web3 applications, rather than a wallet to manage your crypto portfolio. While MetaMask has improved its portfolio feature, full EVM support and app, it still lacks clarity and intuitiveness when compared to other software wallets. While MetaMask is a solid wallet choice and has been the go-to wallet for many users in the crypto space, we see other wallets trying to take its place e.g. Trust Wallet, Rainbow Wallet, and Coinbase Wallet.

MetaMask
Review
By
Ethan Parker
Senior Content Editor

Summary

Ethan Parker
By
Ethan Parker
Updated:
August 20, 2024

About the author

Ethan Parker
Ethan Parker
Senior Content Editor

At Exchange Flow, Ethan is recognized as the resident crypto expert. With 10+years of experience navigating the waters of global crypto exchanges, Ethan is a trusted voice in the ever-evolving world of digital currencies. He tests and scrutinizes exchanges so you don’t have to, offering reviews and articles that newbies and seasoned traders alike find invaluable. When he’s not coding, Ethan likes to travel and play retro games. He uses his crypto earnings to fund his trip around the globe.

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