Crypto Wallet SafePal
SafePal is a unique hybrid cryptocurrency wallet combining a hardware device and software application in a single ecosystem. Founded in 2018 in Shenzhen, SafePal received strategic investment from Binance Labs, confirming the project's credibility. The SafePal S1 hardware wallet stands out with its affordable price ($49.99) and fully autonomous operation without USB, Bluetooth, or Wi-Fi — communication with the app is done exclusively through QR codes.
The SafePal software app supports over 100 blockchains and millions of tokens, including Bitcoin, Ethereum, BNB Chain, Solana, Tron, and more. The built-in DEX aggregator enables cross-chain token swaps, while the DApp browser provides access to the most popular DeFi protocols. Staking BNB, ADA, and other coins is available directly in the app.
SafePal S1 is equipped with an EAL5+ security chip and a self-destruct mechanism upon physical tampering attempts. The camera on the device scans QR codes from the app, ensuring complete air-gap protection — private keys never leave the device even during transaction signing.
Fees
Advantages
- Most affordable hardware wallet on the market — $49.99
- Air-gap technology — communication only via QR codes, no USB/Bluetooth/Wi-Fi
- Support for 100+ blockchains and millions of tokens
- Built-in DEX aggregator for cross-chain swaps
- EAL5+ security chip with self-destruct mechanism
- Investment from Binance Labs
Disadvantages
- Less known brand compared to Ledger and Trezor
- Small S1 device screen inconvenient for verifying addresses
- QR code scanning can be a slow process
- Closed-source device firmware
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