If you own crypto, one of the major concerns is keeping it securely. The best option that you have when it comes to securing crypto is a hardware wallet. With a hardware wallet, your crypto holdings are safe from hackers online. While there are several options in the market when it comes to hardware wallets, most of them have several security flows. The main flow with these wallets is that they are easy to connect to the internet.
The SafePal hardware wallet was designed based on all the issues that exist with current hardware wallet solutions. It is designed to be easy to use and is backed by Binance, one of the largest crypto exchanges in the world.
Why SafePal is a Great Mobile Crypto Wallet
If you are looking for the best mobile crypto wallet, the SafePal wallet is a safe bet. The hardware wallet was developed with backing from the Binance exchange. Not only did Binance provide financial backing, but they also provided their expertise and experience with crypto security.
The result has been the development of the SafePal wallet that offers support for over 10K crypto coins including all the major coins such as ETH, BTC, LTC, and BNB. SafePal S1 is the first flagship wallet produced by the company. It has multiple layers of security built into it as well as an intuitive UI, which enables users to store, send, swap, buy, and trade their coins efficiently and securely.
What You Get When You Purchase SafePal
SafePal is designed to be portable and affordable. It is around the size of an average money clip and features a screen and D-pad on the front. The D-pad is situated just below the color screen and is how users navigate the various menus. Additionally, the wallet comes with a camera that is used to scan QR codes when signing transactions.
There is no wired connection to the wallet, except that port used to charge its battery and receive updates. The only way the wallet communicates with the outside world is via the information that appears on its screen.
Since the device has eliminated almost all possible connections to the internet, most of the design vectors have been eliminated. While it does make the process of spending crypto more complicated, it ensures better security for the funds. Users will pair the wallet with a mobile app and information exchange between the app and the wallet is via QR codes.
Its smartphone compatibility and the elimination of cables make it a highly portable wallet. Besides being almost air-gapped, the wallet also features a PIN code, which is standard in most hardware wallets. Besides that, users have the option to pick between a 12-word seed and a 24-word seed. The SafePal wallet also supports Passphrase, an advanced security feature that enables users to create hidden wallet under the same set of recovery seed.
Details of the Recent Upgrades’ to SafePal
For those who want to use DApps and other platforms such as the DeFi space, SafePal now supports them. With the latest upgrades, all existing and future DApps on Ethereum and Binance Smart Chain can be accessed via the DApp tab within the wallet. However, the team will only support audited DApps, the goal is to ensure they are compatible with the SafePal software to avoid compatibility problems.
One of the first DApps they added was Uniswap; a popular platform for trading DeFi tokens has been receiving a lot of attention in the crypto space. Those using SafePal can access Uniswap via WalletConnect. The team has released guides to help users understnad how users can trade via the Uniswap DEX.
Another noteworthy upgrade is the added support for Coinbase. Users can now move assets between Coinbase and SafePal using a QR code. With the added QR code support, it will ensure deepened interconnectivity across various payment providers while maintaining high levels of security.
A Great Support Team
Another great feature of using SafePal is the awesome support team. It is what makes it the best mobile crypto wallet. If you have an issue when setting up the device, the support team will readily guide you on how to do it correctly.
Once you contact them, they will quickly help you to resolve your issue while also providing you with any other information you might need concerning SafePal. However, even before you contact the support team, you will have access to numerous resources to answer your questions. If you cannot find answers to your problems, you can always send out an email at email@example.com.
SafePal offers users one of the most affordable hardware wallets and it is highly secure. By being almost fully air-gapped, it reduces the possibility of some clever hacker siphoning off your hard-earned coins with few clicks of a button.
It is an awesome wallet for crypto holders who are making the transition from hot wallets to cold wallets. Additionally, it is a great wallet for people who plan to hold onto their crypto for long periods as a way for it to grow in value.