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A Secure and Decentralized Crypto Hardware and Software Wallet.
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SafePal is a cryptocurrency wallet that aims to provide a secure and user-friendly crypto asset management platform. SafePal provides hardware wallet and software wallet products managed by the SafePal App, where users can easily store, manage and trade their crypto assets.
SafePal supports 20 blockchains, including Binance Chain and Binance Smart Chain (BSC), 10,000+ tokens, including Non-Fungible Tokens (NFTs). SafePal is also the first hardware wallet portfolio backed by Binance Labs.
SFP is SafePal’s BEP-20 native utility token and will have the following use cases:
Fees & Discounts: pay fees and get discounts on SafePal products such as the SafePal hardware wallets and SafePal Swap.
Staking Rewards: stake SFP tokens to get rewards from the SafePal Earn program.
Bonus & Airdrops: SFP token holders have the privilege to receive special coupons, join exclusive campaigns and claim special collectibles from SafePal and its ecosystem partners.
Community Governance: SFP token holders can initiate proposals and vote on how treasury funds will be deployed and on new features such as adding new blockchains on the SafePal products.
Key metrics (as at February 7th 2021)
Initial Circ. Supply
108,166,667 SFP (21.63%)
Total Token Supply
Binance Launchpad Sale Price
0.10 USD / SFP
1. What is "SafePal" (SFP)
SafePal is a cryptocurrency wallet that aims to provide a secure and user-friendly crypto asset management platform. SafePal provides one-stop non-custodian wallet solutions to enable users to easily store, manage and trade their crypto assets.
SafePal helps users to secure and manage crypto assets through the combination of a decentralized and secure wallet solution and a crypto wealth management platform that bridges DeFi and CeFi.
Key metrics (as at February 7th 2021):
App downloads: 406,900+.
Total wallet accounts: 537,100+.
Supported assets: 20 blockchains, 10,000+ tokens.
Supported dApps: All dApps issued on Ethereum, Binance Smart Chain and Tron network.
SafePal S1 Hardware Wallet is a 100% offline cold-storage wallet for users to secure their private keys. It adopts advanced security features including but not limited to EAL5+ secure element, air-gapped signing mechanism, and self-destruct mechanism to protect keys from malicious attacks.
2.2 SafePal Cypher
SafePal Cypher is a 304-grade stainless steel board to protect mnemonic phrases from water, fire, salt and corrosion.
2.3 SafePal Leather Case
SafePal Leather Case is made with fine quality and can protect your S1 hardware wallet from scratches.
2.4 SafePal App
The SafePal App is a one-stop portal for users to manage, buy, and trade their crypto assets.
3. Technical infrastructure
SafePal S1 hardware wallet is the flagship product built by SafePal. It is built with advanced security features including but not limit to:
EAL5+ secure element: SafePal S1 adopts dual-chip architecture, separating sensitive security logic from general business logic inside the product. An independent security element is implemented in SafePal S1 to protect private keys from malicious attacks.
Device authentication mechanism: A security mechanism aimed to authenticate SafePal devices when a user receives a new SafePal hardware wallet.
Air-gapped signing mechanism: Instead of radio-frequencies (Bluetooth, NFC, etc), antenna or USB, SafePal S1 Hardware Wallet adopts air-gapped signing mechanism to keep the device 100% offline.
Self-destruct mechanism: SafePal S1 is embedded with multiple sensors. Once a malicious attack is detected, the security chip will execute a self-destroy mechanism, erasing all wallet data and leaving no trace for the hackers.