SafePal Review: Wallet, DeFi, NFT, Crypto Card & Hardware Security

The crypto world has become fragmented: one wallet for storage, another for DeFi, a third for NFT, while fiat goes off to separate services. SafePal, which appeared in 2018, immediately offered a solution to this fragmentation. Backed by Binance Labs and created by the BitTech Group Limited team, it has grown into a powerful non-custodial multichain hub. Today, more than 25 million people use it, and the ecosystem covers over 200 blockchains and provides a full set of tools for Web3.

In this article, we will cover:

• how the SafePal Wallet ecosystem is structured, including the mobile SafePal crypto wallet, browser extension, Telegram Mini App, hardware devices S1, S1 Pro, and X1, as well as the crypto card based on Fiat24 Mastercard;
• which security elements are used, how the safepal hardware wallet differs, and why the combination of software and hardware helps reduce risks when working with DeFi and NFT;
• how to use the multichain portfolio, save on fees with Gas Station, and combine the card, DApp browser, Swap, Bridge, and Earn in a single app.

This is a practical safe pal review that covers installation, first steps, fees, and the key features of the ecosystem.

Sometimes a user needs to quickly understand how convenient, secure, and functional a particular wallet is without diving straight into long descriptions. This format helps instantly see the service’s strengths and understand why the safepal wallet is increasingly chosen as a universal Web3 toolkit.

This table provides a first impression, and the rest of the article reveals more details: interface structure, safepal hardware wallet features, how the crypto card works, and Gas Station capabilities.

Security in SafePal feels like a thoughtfully designed system where every detail is aimed at keeping keys always in the owner’s hands. The foundation is a non-custodial model, since seed phrases and private keys are generated directly on the device and stored there.

This approach immediately answers the question of whether safepal is secure, because access to assets is not transferred to third parties. The software SafePal crypto wallet remains partially open, since only the core part of the code is published on GitHub, while the main shell is closed. In contrast, the safepal hardware wallet S1, S1 Pro, and X1 follows a fully open model, which allows experts to audit the firmware and confirm the integrity of the implementation.

This combination of convenient software and transparent hardware creates a balance between security and the ability to receive updates quickly, and the manufacturer recommends using them together to get maximum protection.

Local protection in SafePal: PIN code, biometrics, and app lock

Even if a smartphone falls into the wrong hands, access to the safepal mobile app will remain blocked because several layers of local protection are provided. The user can configure the SafePal wallet for the following options:

• PIN code or pattern lock for login;
• unlocking via Face ID or Touch ID;
• automatic app lock after inactivity.

These tools complement seed phrase storage and add protection in situations where the phone is used while traveling or when safepal phone connection is used in crowded places.

Additional SafePal security tools: approvals management, spam filter, and phishing protection

An additional security layer is created by advanced features that protect the user when working with DeFi, smart contracts, and browser-based applications. The following elements are especially useful:

• approvals management, where you can see all token spending permissions and quickly revoke unnecessary ones;
• a spam transaction filter that hides “dust” and suspicious tokens from unknown senders;
• phishing protection in the safepal browser extension, which warns about fake websites and dangerous pages.

These features significantly reduce the risk of interacting with questionable contracts and make SafePal a convenient tool for those who actively work with DApps and NFT.

SafePal recovery via seed phrase

The access recovery system is designed predictably and follows industry standards, so any user will quickly understand how safepal seed recovery works. When creating a wallet, the following actions are offered:

• choosing a 12- or 24-word seed phrase;
• the ability to write down the phrase and, if desired, immediately verify the word order;
• subsequent recovery of any imported account via this phrase.

SafePal emphasizes that it is impossible to restore access without the seed phrase, and customer support does not assist in such cases. This is important for those who are just starting to understand what SafePal is and how it differs from custodial services.

The only point that may limit advanced users is the lack of multisig. In the software version, the safepal wallet does not support multisig, and this should be considered by teams, DAOs, and corporate users. For personal use, and especially when paired with a safepal hardware wallet, this limitation much less frequently affects usage scenarios; however, it is important to remember it when comparing with solutions like Gnosis Safe.

SafePal can be installed as a mobile app from Google Play, where it already has more than 5 million downloads, or from the App Store for iOS. There is also a convenient extension for Chrome and Edge browsers. It is always better to access the app via the official safepal.com website, as this protects against accidentally landing on phishing pages.

The installation process usually looks like this:

• Downloading and verifying the source. The user opens the official website, selects their platform, and installs the safepal mobile app from a trusted store.
• Creating or importing a wallet. After launch, the app prompts you to create a new wallet or to import an existing seed phrase into safepal. At this step, it immediately becomes clear that the settings here are much more flexible than in most other wallets. The user can choose the mnemonic length — 12 or 24 words, specify custom derivation paths for networks such as Ethereum, VeChain, Polkadot, THETA, and others if needed, and postpone seed phrase verification if they are already familiar with the risks and prefer to complete this step later.
• Managing wallets and accounts. After the initial setup, the safepal wallet provides access to advanced account management. The user can create multiple EVM addresses within a single seed phrase, and if necessary, import other wallets — via mnemonic or private keys, as well as through SafePal hardware devices. All stored seed phrases and private keys are aggregated in a separate secure menu protected by PIN code or biometrics, which makes working with multiple wallets at the same time convenient and safe.

This approach will appeal to those who move their assets from different apps and want to combine them into a single multichain hub without extra complications.

The SafePal interface is built around five main tabs. Together, they form a convenient route through the ecosystem, where every action — from storage and staking to swapping and DApps — is at your fingertips. This approach helps you feel the difference between a regular crypto wallet and a full safepal wallet review in ecosystem format.

“Wallet” Tab: Main Hub (Coin, Bank, Earn, NFT)

All core asset operations are collected here, and the tab itself is divided into four convenient sub-modes.

Coin works as a classic control center:

• the balance and transaction history are displayed;
• buttons to send and receive coins are available;
• you can quickly switch between networks and add new tokens.

Bank is responsible for the banking part of the ecosystem and provides access to the SafePal crypto card created in partnership with Fiat24 and Mastercard. The user gets a Swiss account under FINMA supervision, and the terms look attractive:

• no account opening or maintenance fees;
• no fees for internal transfers;
• about 1% fee when exchanging non-EUR currencies;
• top-ups with crypto cost about 0.4%, which is significantly lower than many alternatives;
• settlements are carried out on the Arbitrum network, which reduces gas costs.

A referral program is also available here, returning up to 40% of the fees paid by invited users. Because of this, the Bank module is often called “safepal card” or “SafePal Fiat24 crypto card”.

Earn turns SafePal into a simple DeFi aggregator. In this section, you can select pools, view APR/APY rates, and stake different assets. In practice, it looks like this:

• staking TRX via JustLend with predictable returns;
• staking TRX for Energy or Bandwidth for use within the TRON network;
• boosting yields with the SFP token.

This format saves time and allows you to work with DeFi directly inside the wallet, without jumping between different websites.

NFT serves as a gallery and workspace for digital collections. The user can:

• view NFT in different networks;
• send collectible tokens;
• switch between networks and collections;
• trade NFT via integrated DApp plug-ins.

This is convenient for those who are tired of maintaining a separate app just for NFT.

“Trade” Tab: Quick Access to Analytics and Markets

This tab collects tools that help track market movements:

• top gainers and losers lists by growth and decline;
• charts with basic timeframes;
• news related to selected assets;
• information on perpetual contracts.

This format suits traders who need to see the market picture without leaving the safepal crypto wallet, as well as those who connect exchange accounts to the app.

“Swap” Tab: Buy/Sell, Swap, and Bridge in One Place

This is where fiat operations, swaps, and cross-chain transfers are concentrated.

Buy/Sell allows you to buy and sell crypto for fiat:

• more than 35 coins are available via MoonPay, Simplex, and Binance Connect;
• KYC is required for operations;
• the minimum purchase is usually about 50 USD;
• provider fees hover around 5–6%;
• you can sell crypto to cards in USD, EUR, GBP, with a minimum of about 20 USD.

Swap works as a combined CEX and DEX liquidity aggregator. It is connected to Binance, MEXC, BingX, XYSwap, Changelly, and other platforms. Users note that average rates often turn out better than in MetaMask because the app selects the optimal swap route. Swaps can also serve as a bridge, for example when converting BTC to WBTC. The minimum trade size usually falls in the 15–33 USD range.

Bridge helps move assets between networks. An example is moving BTC to BBTC or WBTC. The interface is understandable even for beginners because the app immediately shows the resulting asset and all fee costs.

Many users name this tab as the main advantage that makes SafePal feel like a safepal alternative to Trust Wallet.

“Browser” Tab: Access to Web3 and Exchange Mini-Apps

The DApp browser is the center of all SafePal Web3 functionality. After the first login, the app suggests reading security recommendations so the user understands DeFi and phishing risks.

In the browser, you can access:

• a large number of DApps across different categories — DEX, lending, NFT marketplaces, utilities, DAO services;
• connections to 24 networks, including TON, SUI, Aptos, and Near;
• mini-apps from popular exchanges: Binance, MEXC, Bitget, BingX.

Not all services are in the default catalog. For example, Blur can be opened via a link even though it is not in the main list. This is useful to keep in mind for those working with niche or new protocols.

“Trade” (Deal) Tab: Futures and Trading Tools

This section is designed for active traders who want to use SafePal as a trading workstation. Here you can:

• open and close futures positions;
• trade perpetual contracts via connected exchanges, including Aster;
• configure leverage, stop orders, and manage PnL.

The interface resembles a lightweight terminal and helps you trade without switching between services. This addition is not mandatory for all users, but it greatly simplifies life for traders because the safepal wallet and trading functionality are in the same window.

SafePal simplifies working with crypto by unifying different blockchains under a single seed phrase. The user gets a multichain portfolio without needing to maintain many separate apps.

How SafePal’s Multichain Logic Works

One seed phrase is enough to create addresses in several ecosystems. Within a single wallet, you see different address formats:

• 0x… for Ethereum, BNB Smart Chain, Arbitrum, and other EVM networks;
• bc1… or 1… for Bitcoin;
• T… for TRON;
• addresses for Solana, TON, SUI, Aptos, Near, and other non-EVM networks.

This approach is especially convenient for users who hold assets across different ecosystems. The safepal wallet forms a unified portfolio, allows one-click switching between networks, and replaces a stack of separate applications.

How SafePal Works with Non-EVM Networks: The TRON Example

Standalone ecosystems are also integrated into the common interface. In TRON, this is especially noticeable because the wallet shows everything you need for fast operations:

• TRX and TRC-20 tokens (including USDT TRC-20) are displayed in the general asset list;
• when sending a transaction, the available Energy and Bandwidth are visible;
• TRX can be staked inside the wallet;
• energy rental via Tron Pool Energy is available, with savings of up to 65%.

Thanks to this, SafePal replaces separate TRON wallets and turns working with the network into part of a unified multichain interface.

The fee model in SafePal remains simple and transparent: the wallet is free, and costs are limited to network fees and protocol charges for DeFi operations.

What Fees Are Made Of

When working with assets, the user encounters several types of costs:

• network fees in native coins (ETH, BNB, TRX, SOL, and others);
• DeFi protocol fees for swaps and bridges;
• additional fees from liquidity aggregators.

This scheme is transparent, but on active networks like TRON, costs can accumulate — and that is where an external savings service becomes useful.

Why Users Choose Tron Pool Energy

The Tron Pool Energy service allows you to reduce the cost of transfers and avoid constantly buying TRX. It offers several advantages at once:

• reduces fee costs by up to 65% compared to standard energy usage;
• works without time limits, connects instantly, and uses only the wallet’s public address;
• compatible with all non-custodial TRC-20 wallets and supports connecting up to 30 addresses from a single account;
• allows you to completely zero out TRX in the wallet, while with unlimited energy it automatically accrues Bandwidth as well.

Because of this, SafePal becomes not only a convenient multichain wallet but also a tool for reducing costs for stable Web3 activity.

The SafePal wallet is often seen as a universal ecosystem, and before choosing it as a primary tool, it is useful to look at its strengths and weaknesses in a short comparison.

Overall, in terms of functionality, SafePal clearly leans towards the pros. It is a convenient “combine” for those who actively use multichain, DeFi, and the card, although before getting started you should keep in mind the need for KYC in some services and the lack of multisig.

In a short time, SafePal has evolved from a simple mobile app into a full-fledged ecosystem combining a software and hardware crypto wallet, a convenient DApp browser, a DeFi aggregator, a Fiat24 crypto card, and tools for saving on fees.

It suits beginners as a comfortable entry point that gradually unlocks more features. For those who actively work with Web3, SafePal provides a single center for DeFi, NFT, and DApps, while long-term investors value the integration with hardware devices and strong multichain support.

This wallet confidently handles dozens of networks. And if you need USDT TRC-20, you can look into a separate article on how exactly SafePal interacts with the TRON network and its energy system.