Choose the best crypto wallet with the help of our review of SafePal’s S1 hardware wallet, one of the best crypto hardware wallets.
How to Choose the Best Crypto Hardware Wallet
Crypto users have been put on notice by recent events – not your keys, not your crypto. It’s more important than ever to choose the best crypto wallet that brings you self-custody and keeps your funds safe – and most importantly, keeps them in your control.
As DeFi adoption continues to proliferate over the coming years, so will the need for adequate custody of funds. The recent industry events might have seemingly left users with faltering confidence in centralized exchanges, driving an even bigger need for self-custody.
In this article, we review one of the best hardware wallets in SafePal’s S1 hardware wallet. SafePal offers one of the best browser extension wallets, best mobile crypto wallets, and best crypto hardware wallets in the market! This review covers an overview of the SafePal S1 hardware wallet, its exciting features, pricing and payment methods, and other SafePal wallet FAQs.
SafePal S1 Hardware Wallet
The SafePal S1 Hardware Wallet has come a long way since its launch in 2019. Backed by prominent industry names such as Binance Labs, Trust Wallet, and the Litecoin Foundation, the wallet supports 15 languages and 54 chains, 10,000+ tokens, including Non-fungible tokens (NFTs). The SafePal S1 is the flagship product of SafePal.
Nostalgic of the old good MP3 player, the wallet is wireless, portable, and convenient to use on the go. It has a D-pad below its color screen that is used to navigate the menu. Similar to most hardware wallets, the device requires users to enter a PIN code. Users can choose to generate either a 12-word or a 24-word seed phrase.
SafePal has quickly risen to prominence in the crypto industry, thanks to an experienced, dedicated, and hardworking team consistently cranking out quality products and services over the last few years.
Why Own a SafePal Hardware Wallet?
Choosing a crypto hardware wallet can be tricky, given the number of quality competitors in the market. However, there are a number of exciting reasons to own a SafePal hardware wallet which we’ve highlighted below:
- Own your money and take full control of your assets
- 100% air-gapped and offline, with no Bluetooth, no WiFi, no NFT or any other radio frequencies, keeping your private key offline and secure
- 1.3’ high-resolution IPS screen to display every transaction detail
- Mobile-friendly, manage crypto at any time, anywhere, without a laptop or USB cable
- Handy d-pad to navigate conveniently, ideal for crypto beginners
- No registration or KYC required
- Enjoy complete access to unlimited decentralized applications (dApps)
- The most competitive price offerings in the hardware wallet niche ($49.99)
- Supports 15 languages and 50+ chains
- Trusted by customers from 196+ countries and regions
S1 Hardware Wallet Security
When making a choice of the best hardware wallet, security is one of the most important features users look forward to. The SafePal S1 easily ranks as one of the most secure crypto hardware wallets in the market, with impressive advanced features such as EAL 5+ independent secure element, Self-destruct mechanism, True random number generator, and Multiple layers of security sensor.
SafePal S1 Pricing
The SafePal S1 hardware wallet has one of the most competitive prices in the hardware wallet niche. Originally, it cost $69.00, but you can get it at a current discount of $49.99. Get the SafePal S1 hardware wallet here! Feel the S1 hardware wallet is too fragile? You can also purchase a SafePal Leather Case to protect your wallet. The Leather Case cost approximately $10. You can order a standard package consisting of the SafePal S1 hardware wallet and the Leather Case at $59.99.
You can pay for the SafePal S1 hardware wallet via PayPal, Debit or Credit Card, and Cryptocurrencies such as BTC, ETH, SFP (Safepal’s native token), BNB, USDT, USDC, etc.
You can make crypto payments by connecting your SafePal wallet, MetaMask, or via Wallet Connect. There’s also an option for “direct transfer”, where you are required to scan a QR code or manually send the exact amount to a provided wallet address within a timeline of 24 hours.
SafePal has a professional customer service team that is readily available to provide support or clarification for users in a friendly manner. The average user often has a positive review regarding the user experience with SafePal. On the help center, you will find a self-support section, tutorials and FAQs section for various categories of their products and services, including the SafePal S1 hardware wallet. Supposing you do not find what you need via the tutorial and FAQ section, there is also a button to “submit a request” where you can provide details of a specific issue and get timely response from a member of their support staff.
SafePal Frequently Asked Questions
After reading this review, you might have some more questions about the SafePal crypto wallet. Check out this SafePal wallet FAQ for some more information!
Is the SafePal S1 Hardware Wallet Worth the Money?
Keeping your crypto secure is one of the most important things users need to do. The SafePal S1 Hardware Wallet is well worth the price tag due to its unique safety features that include no frequencies connecting your wallet, 100% airgap, mobile-friendly operation, and no required KYC or registration. With the S1 Hardware Wallet, you are the sole person in control of your crypto – always.
Why Use a Hardware Wallet?
While more convenient, using a software wallet such as a browser extension means your crypto is only as safe as your device. If you leave your device unprotected, whether physically or digitally, your crypto is at risk. With a crypto hardware wallet you can rest easy knowing your crypto is completely safe and only you can access it.
Are Hardware Wallets Better Than Software Wallets?
In terms of pure security, yes; in terms of convenience and ease of use, no. Both crypto hardware wallets and crypto software wallets offer their own unique pros and cons – software wallets make it a bit easier to interact with blockchains, while hardware wallets are far more secure. If you are buying crypto to hold, a hardware wallet would be the best choice.
Source : bsc.news
Founded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Our content reaches hundreds of thousands of global investors who are active in the BSC DeFi space.