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8.0
10
Overall Rating

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.

Read Review
By  
Ethan Parker
Senior Content Editor
0 Reviews
(
0/5)

SafePal

Hardware

Price
49 €
Secure Elements
CC EAL5+
FIDO U2F Authenticator
yes
Yes
no
No
Certification
-
Processing quality
Low
Medium
Large
Service
Haptic buttons, smartphone
Screen
240 x 240 pixels
Interfaces
QR code
Dimension
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

SafePal

User Interface

Offer and features of

SafePal

Functionality

Buy & Sell
yes
Yes
no
No
Staking
yes
Yes
no
No
NFT Integration
yes
Yes
no
No
Two-factor authentication
yes
Yes
no
No
Multi Signature
yes
Yes
no
No
Backup
Recovery Seed (24 words)
Particularities
-
Available for US users?
yes
Yes
no
No

Unique Features

  • SafePal App
  • SafePal Earn
  • QR-Code (air-gapped signing)
  • Self-destruction function
  • Hidden wallet (credible deniability)

Platforms

iOS App
yes
Yes
no
No
Android App
yes
Yes
no
No
Desktop App
yes
Yes
no
No

Our

SafePal

Review

Test Result

Overall rating
8.0
10
Operation
8
/10
complicated
simple
Functions & Scope
9
/10
simple
extensive
Supported Assets
10
/10
few
many
Security & Trust
8
/10
low
high
Beginner friendliness
7
/10
unsuitable
very suitable
Support
6
/10
bad
good

Conclusion

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.

By  
Ethan Parker
Senior Content Editor

Pro's & Con's

What we like:
  • Easy operation
  • Connection via QR code
  • Well-designed security features
  • Affordable price
  • Color display
What we don't like:
  • Lesser-known company
  • Not open source

Customer Reviews

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POWERED BY AI

SafePal

User Reviews

We compile and highlight user feedback from leading review platforms, social networks, and various online sources to provide you with a comprehensive overview of user experiences and user reviews
reddit
g2 crowd
twitter
trustpilot
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Operation and user-friendliness

Users find that the SafePal Wallet is easy to use and intuitive. Users greatly prefer the app’s clean design and simple navigation. Users of some languages find that they need higher quality translation of the text in the app. In addition, some users would like more options to change the display in the app to suit their preferences.

Functions and offer

The SafePal Wallet is produces a good mix of activities for its users. They most find its trading and DApps features helpful. A few users would like the wallet to have a couple more options and to do analytics with its tools.

Supported assets

The wallet backs popular cryptos like Bitcoin and Ethereum, but also supports lots of altcoins. However, some users wish the wallet supported more cryptos.

Security and trust

Users and experts view the high security measured by their wallet as a plus due to the biometric authentication and the hardware buttons that must be pressed in order to allow a transaction to pass through. However, many have voiced concerns regarding possible security issues with a software update, which in turn risks tarnishing the manufacturer’s reputation.

Beginner friendliness

The SafePal Wallet is often described as particularly beginner-friendly. Users praise the simple setup and the well-designed tutorials and instructions. However, some users notice that despite the general user-friendliness, a certain training time is required.

Support

SafePal support experiences are mixed. Some users getting fast & helpful responses, but others feel frustrated by slowdowns or lack help altogether.

Conclusion –
Safepal

Users generally admire the SafePal Wallet, getting high reviews due to its easy setup and in-depth support for many cryptos. A majority of reviewers are particularly grateful for its extensive list of features and the high standard of security measures it implements, although some users have also mentioned in their reviews that there are problems with the frequency and kind of software updates, as well as an apparent lack of company transparency. Most users approve of the friendliness of the wallet, but some feel that there should be some getting started period. Scores on Support are generally neutral, with some reviewers praising the fast and helpful responses they have had to their queries and others simply complaining about slow response times. Nonetheless, for the most part, people have had good experiences. This is an essential guide, with a value of lessons learned.

About

SafePal

SafePal

Hardware
The Company
SAFEPAL LTD.
Headquarters
Seychelles
Company size
Small
Medium
Large
Regulation
-
Founder
Veronica Wong
Year of foundation
2018

Summary

By
Ethan Parker
Updated:
August 6, 2024

About the author

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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SafePal
Hardware Wallet • For Beginners • International
SafePal
Hardware Wallet • For Beginners • International
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