SafePal, the noncustodial crypto wallet suite serving over 10 million users, is unveiling the S1 Pro, an upgraded version of its signature S1 hardware wallet. This premium hardware wallet, an affordable alternative to Ledger and Trezor, is making waves in the Bitcoin and Ethereum communities as it aims to provide superior wallet security.
Is SafePal S1 Hardware Wallet Safe?
Yes, absolutely. Constructed with a robust aluminium alloy body, a scratch-resistant screen, a longer battery life, and an optimally positioned camera, the S1 Pro not only retains the cold-storage, portability, and security features of the S1 but also offers enhanced durability. It’s 100% offline, without Bluetooth, WiFi, NFC, or radio frequencies, and features an anti-tamper, self-erasing mechanism.
SafePal Wallet Now Supports The Open Network ($TON) Integration
SafePal, a wallet developer, now supports The Open Network ($TON), facilitating direct communication with TON dApps and enabling users to hold and transfer $TON in SafePal’s wallets. Despite being abandoned by the TON foundation and subsequently becoming an open-source project, $TON saw renewed interest when Telegram introduced a tokenized username auction based on the TON blockchain in October 2022.
Can SafePal be Trusted?
SafePal has consistently demonstrated its commitment to financial inclusion and secure wallet accessibility, earning trust from its global user base. Veronica Wong, CEO and Co-Founder of SafePal, stated, “The S1 Pro is our response to user demand for a superior hardware wallet that won’t break the bank.”
Has SafePal Ever Been Hacked?
To date, SafePal’s rigorous security measures have successfully thwarted any hacking attempts, further strengthening its reputation as a reliable crypto wallet.
When did SafePal S1 Come Out?
The original SafePal S1 debuted in 2018, providing a secure, user-friendly platform for crypto enthusiasts.
What Are the Disadvantages of SafePal?
While SafePal is generally praised for its features, one challenge is the language barrier for some users. However, the company is actively addressing this by hiring native translators and customizing localization efforts.
Is SafePal Wallet Real or Fake?
The SafePal Wallet is real, and it supports more than 100 blockchains and their tokens and NFTs. The upcoming S1 Pro model, priced at $99, will be available through existing distribution channels from August.
Is SafePal Backed by Binance?
Yes, Binance is one of the industry leaders that back SafePal. The platform also receives support from Animoca Brands and SuperScrypt.
Is SafePal Wallet Owned by Binance?
While Binance is a notable backer of SafePal, the wallet is not owned by Binance. SafePal operates as an independent entity.
What Happens if I Lose my SafePal?
If you lose your SafePal hardware wallet, you can use your recovery phrase to restore your assets on another device.
In conclusion, the new S1 Pro proves that SafePal is pushing the boundaries of what a crypto hardware wallet can offer. It embodies a powerful combination of safety, convenience, and affordability, making Bitcoin and Ethereum management more secure and accessible than ever. SafePal is proving to be a real game-changer in the crypto industry, transforming how we view hardware wallets.