Huge congrats to @saman97sk @Vikas20898692 @mrock1223 for becoming this year’s Halloween MVP!
You guys were absolutely insane 🔥
& Big respect to everyone else who participated as well! I was laughing the whole time while watching all of your masterpieces 😆
SafePal
Hardware wallet lineup with air-gapped QR signing, EAL 6+ security and a $49.99 S1
3.9/ 5
Our score
Good
Price from
$49.99
Secure element
Yes
Firmware
Partially open source
Connectivity
BluetoothQR code (air-gapped)
Supported assets
200
Bitcoin-only
No
What is SafePal?
SafePal is a self-custody wallet platform built around hardware devices, a mobile app and a browser extension. Its S1 hardware wallet is fully air-gapped, uses QR codes to sign transactions and supports more than 200 blockchains with unlimited tokens and NFTs. The lineup also includes the S1 Pro and the Bluetooth-enabled X1.
Who is behind SafePal
SafePal was incubated through the first Binance Labs Incubation Program. Binance Labs is an investor and backer of the project. SafePal also launched a $3 million Solana Builder's Grant in 2026.
How the wallets work
The SafePal App is a non-custodial wallet for iOS and Android. Private keys remain in the user's wallet rather than with SafePal. The S1 has no USB, Wi-Fi, Bluetooth or NFC connection. Transactions move between the device and the app through scanned QR codes. It uses an EAL 6+ secure element and a true random number generator.
The S1 Pro adds a different hardware design to the air-gapped range. The X1 uses Bluetooth and is fully open-source. The app supports buying, selling, swapping, DApps and NFTs, while the browser extension runs on Chrome, Firefox and Microsoft Edge. Binance Pay deposits are available in the app with zero service fees, although network gas fees still apply.
Fees and availability
The SafePal S1 retails at $49.99. SafePal sells hardware wallets alongside its iOS and Android app and browser extensions for Chrome, Firefox and Microsoft Edge.
Track record and risks
SafePal's hardware range includes the S1, S1 Pro and X1, supported by the same app-based ecosystem. In 2021, Kraken Security Labs reported concerns about firmware rollback attacks. SafePal said that no user funds were stolen and that core private-key security was not compromised.
Air-gapped signing reduces wireless attack paths, but hardware wallets still carry supply-chain risk when purchased from resellers. The S1 and S1 Pro require QR-based phone interaction, while the X1 introduces Bluetooth exposure. Firmware openness also differs by model: the X1 is open-source, whereas the S1's secure element and offline design do not remove the need to trust the device software. Physical access and recovery-phrase theft remain relevant custody risks.
Best for:Budget air-gapped storageMulti-chain self-custodyQR-based transaction signingDApp and NFT access
Pros and cons
Pros
- S1 price is $49.99
- S1 supports 200+ blockchains
- S1 uses QR-based air-gapped signing
- S1 includes an EAL 6+ secure element
- X1 firmware is fully open-source
- App supports DApps and NFTs
Cons
- S1 and S1 Pro require QR scanning between the device and app
- Bluetooth adds wireless exposure on the X1
- Firmware rollback concerns were reported in 2021
- Hardware security depends on buying an untampered device
- Open-source support differs across models
Our review
3.9/5
Good
SafePal combines air-gapped signing, broad asset support and a low S1 price, but its firmware history and partly closed security model reduce transparency.
SafePal offers three hardware models alongside a mobile app and browser extension. The S1's security design includes: it has no USB, Wi-Fi, Bluetooth or NFC connection, signs transactions with QR codes, and uses an EAL 6+ secure element with a true random number generator. That setup removes wireless attack surfaces.
The trade-off is product complexity. The S1 and S1 Pro use the air-gapped design, while the X1 adds Bluetooth and fully open-source firmware. The lineup therefore spans different security and convenience choices rather than following one consistent architecture. SafePal does not provide a fully open-source hardware range.
Asset support is a strong point. The S1 supports 200+ blockchains and unlimited tokens and NFTs, while the app manages major networks, including Bitcoin, Ethereum and BNB. Support can depend on the app and its integrations. The S1 uses QR signing; its ABS and PVC body is less substantial than the S1 Pro's aluminum alloy and tempered glass construction. The S1 is priced at $49.99, giving the range a $49.99 entry point, but the price does not resolve the security differences between models.
SafePal was incubated through the first Binance Labs Incubation Program and now operates a wider wallet platform. In 2026, it launched a $3 million Solana Builder's Grant. A 2021 report raised concerns about firmware rollback attacks. SafePal said no user funds were stolen and that core private-key security was not compromised.
Specs
| Price from | $49.99 · unverified |
|---|---|
| Connectivity | Bluetooth, QR code (air-gapped) · unverified |
| Secure element | Yes · unverified |
| Firmware | Partially open source · unverified |
| Air-gapped signing | Yes · unverified |
| Bitcoin-only | No · unverified |
| Supported assets | 200 · unverified |
| Companion app | SafePal App · unverified |
| NFC | No · unverified |
Not disclosed by the provider: KYC required, Display, Battery, BIP39 passphrase, Multisig support, Touchscreen, Backup options.
Data from the provider's website and public sources. Fees and availability change; confirm on the official site before you sign up.
Key features
QR transaction signing
The S1 signs transactions through scanned QR codes and has no USB, Wi-Fi, Bluetooth or NFC connection.
EAL 6+ secure element
The S1 uses an EAL 6+ secure element and a true random number generator for private-key protection.
200+ blockchain support
The S1 supports more than 200 blockchains, plus unlimited tokens and NFTs.
Open-source X1
The X1 is a Bluetooth hardware wallet with fully open-source software.
Mobile companion app
The SafePal App runs on iOS and Android and supports asset management, trading, DApps and NFTs.
Browser extension
The multi-chain extension works with Chrome, Firefox and Microsoft Edge.
Air-gapped hardware
The S1 and S1 Pro keep signing offline and exchange transaction data with the app through QR codes.
Binance Pay deposits
The app supports Binance Pay deposits with zero service fees; network gas fees still apply.
Inside SafePal
App
The SafePal App is a non-custodial mobile wallet for iOS and Android. It supports buying, selling, swapping and managing assets, with access to DApps and NFTs.
Extension
The SafePal browser extension brings the wallet to Chrome, Firefox and Microsoft Edge. It provides multi-chain access for browser-based wallet activity.
Hardware
SafePal's hardware line includes the fully air-gapped S1 and S1 Pro, which use QR codes for signing, plus the open-source Bluetooth X1.
Earn crypto every day
This app section provides programs for earning rewards and increasing APY. Available opportunities depend on the supported asset and integrated service.
Simple trading
SafePal integrates trading mini-programs for in-app swaps between hundreds of assets. The app also connects with services such as Binance.
Go beyond crypto
SafePal provides access to DApps, NFT marketplaces, blockchain gaming and DeFi through its wallet products. The app supports interaction with services such as Uniswap and Compound.
SafePal screenshots
What users say about SafePal
Users report a significant customer-data exposure linked to SafePal’s order-tracking system. Positive experiences include responsive support and firmware assistance, but these are raised by only one author each and do not form multi-author themes.
In their own words
“SafePal Hardware Wallet Maker Says Flaw Exposed Data of Nearly 40,000 Customers SafePal disclosed an authorization flaw in an order-tracking plug-in that exposed the PII of roughly 39,798 customers.”
“Security incident impacting approximately 39,798 customers who placed orders between March 2, 2025 and April 11, 2026 Taken from Dear community, While your SafePal wallet, seed phrase, and private keys are secure; we identified a flaw in the order-tracking plug-in that led to unauthorized access to…”
Scam warning: Scammers have impersonated SafePal using customer order details and contact information.
Scam warning: Counterfeit SafePal apps have appeared in official app stores, creating phishing risks.],
Based on 11 Reddit posts and comments from the last 12 months, checked Oct 18, 2026. These are posts by users on other sites, not reviews submitted on CryptoReview.
User reviews
No user reviews yet. Have you used SafePal? Share your experience below.
Funding and investors
$3MTotal raised
2Rounds
2Investors
FAQ
Who founded SafePal?
SafePal was incubated through the first Binance Labs Incubation Program.
How much does the SafePal S1 cost?
The SafePal S1 is priced at $49.99. The SafePal App also supports buying, selling and swapping digital assets, with costs depending on the integrated service and transaction network.
Is SafePal available on mobile and desktop?
SafePal is available through mobile apps for iOS and Android, plus browser extensions for Chrome, Firefox and Microsoft Edge. Its hardware range includes the S1, S1 Pro and X1.
Is SafePal safe to use?
SafePal is non-custodial, and its S1 uses an EAL 6+ secure element with QR-based air-gapped signing. In 2021, a reported firmware rollback concern prompted SafePal to say that no user funds were stolen and core private-key security was not compromised.
How many coins and blockchains does SafePal support?
The SafePal S1 supports 200+ blockchains and unlimited tokens and NFTs. The app supports major assets such as Bitcoin, Ethereum and BNB, with additional coverage across its multi-chain services.
Does SafePal have a token?
SafePal has the SFP token. The wallet platform also supports buying, selling, swapping and managing digital assets through its app.
Latest from SafePal on X
USDC in. Rewards compounding 🌱
SafePal × @arc ongoing
Deposit USDC into selected @Morpho vaults for a 2.0x Arc boost and a chance to win a limited USDC wallet https://t.co/oIdeCWCkPz
SafePal × @arc ongoing
Deposit USDC into selected @Morpho vaults for a 2.0x Arc boost and a chance to win a limited USDC wallet https://t.co/oIdeCWCkPz
Weekly Top 6 Cryptos on SafePal
1. hyperliquid:native 🔊
2. ethereum:0x62d0a8458ed7719fdaf978fe5929c6d342b0bfce 🌈
3. $PENGU 🐧
4. $ZRO 0⃣
5. $AREO ➰
6. solana:AHgqStQviBDBiPra3cLxb8gQs2auRAmXT4s9v7LKpump 🐻
1. hyperliquid:native 🔊
2. ethereum:0x62d0a8458ed7719fdaf978fe5929c6d342b0bfce 🌈
3. $PENGU 🐧
4. $ZRO 0⃣
5. $AREO ➰
6. solana:AHgqStQviBDBiPra3cLxb8gQs2auRAmXT4s9v7LKpump 🐻
The SafePal Halloween AI Meme Contest is LIVE
SafePal products × Halloween horror = your next masterpiece
The more meme-worthy, the better
👇 Drop your AI meme + follow @SafePal to join
🏆 Top 3 win SafePal merch
Winners announced Nov 2
SafePal products × Halloween horror = your next masterpiece
The more meme-worthy, the better
👇 Drop your AI meme + follow @SafePal to join
🏆 Top 3 win SafePal merch
Winners announced Nov 2
🏈 Who takes home the 2026 MVP?
Skip the vibes. Let the data and market odds speak
Open SafePal App → check season MVP odds on @Polymarket → pick your favorite
Predict now: https://t.co/vlOZ2ZpqyF https://t.co/nBvLu4Ecmw
Skip the vibes. Let the data and market odds speak
Open SafePal App → check season MVP odds on @Polymarket → pick your favorite
Predict now: https://t.co/vlOZ2ZpqyF https://t.co/nBvLu4Ecmw
Recent public posts from @SafePal, shown as published. Not reviewed or endorsed by CryptoReview.
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