WALLETS & SECURITY

SafePal Wallet Setup Guide

This is your complete Trezor Wallet setup guide – From Pre Unboxing Checks to Full Activation.

Shepley Capital is in no way affiliated with Trezor. Be sure to select the cryptocurrency wallet that is right for you.

1. Before You Unbox Your SafePal

SafePal is a mobile first, QR code based hardware wallet backed by Binance Labs. It aims to give everyday investors a secure, low cost alternative to storing crypto without connecting directly to a computer.

Before setting it up, you need to confirm authenticity.

Buy only from official channels

SafePal official website
Approved resellers listed by SafePal
Avoid marketplace sellers and all second hand devices

Inspect the packaging

SafePal devices come sealed with:

A shrink wrapped outer layer
A tamper evident sticker
A box that should not appear opened or re glued

If anything looks off, contact SafePal immediately.

Verify the scratch off security code

SafePal boxes include a scratch panel containing a security code.
You can verify this code on the SafePal website to confirm authenticity.

Do not proceed until the device is confirmed genuine.

2. Unboxing Your SafePal

Inside the box you should find:

SafePal S1 hardware wallet
USB charging cable
Recovery seed phrase cards
Instruction card
Stickers and accessories

SafePal never ships with a pre generated recovery phrase. If yours includes printed recovery words, treat it as unsafe.

3. First Time Power On

Press and hold the power button to turn on the device. Make sure the device is fully charged before first use to ensure no disruptions during the seed generation stage.

You’ll be prompted to choose:

Language
Basic settings
Connection preferences

SafePal is designed to be used offline, signing transactions using QR codes through its built in camera.

4. Install the SafePal App (Required)

SafePal hardware wallets work in combination with the SafePal mobile app, which acts as the interface.

Available on:

Apple App Store
Google Play Store
SafePal website (Android APK)

Install it on a phone you trust, ideally one without malware or shady apps.

Open the app and create a strong login password. (Optional biometric lock)

5. Pair SafePal Wallet with the App

This is done safely using QR codes, not Bluetooth or USB.

Steps:

In the app, choose Add Hardware Wallet.
Scan the QR code displayed by the app using the SafePal hardware wallet camera.
The app and device will establish a relationship without touching the internet.

This process does not expose private keys.

6. Create Your New Wallet

Choose Create New Wallet on the SafePal device.

The wallet will generate a:

12 or 24 word recovery seed phrase
Optional passphrase feature (advanced)

Write your seed phrase on the provided cards

Rules:

Never take photos
Never store it digitally
Never type it into a computer
Keep multiple copies in secure locations
Never share seed phrase with anyone.
Treat it like the master key to your money

After writing it down, the device will ask you to confirm the words in random order.

7. Set a Security Password (On the Device)

This password will protect access to the hardware wallet itself.
Choose a secure but memorable password.

Avoid:

Birthdays
Repeating digits
Simple patterns

Write it down temporarily until memorised.

8. Update Firmware

Open the SafePal app and go to the hardware wallet settings.

Steps:

Download the latest firmware file onto your phone through the app.
The app will generate a QR code with the firmware data.
Scan the QR code using the SafePal hardware wallet camera.
Let the firmware install.

SafePal updates always flow from the app into the device via QR, keeping your wallet offline.

9. Add Coins to Your Wallet

SafePal supports dozens of networks including BTC, ETH, BNB, SOL, AVAX, MATIC, ERC20, BEP20, SPL, & NFT’s.

In the app:

Tap Add Asset
Select the blockchain
The app will sync with your hardware wallet

Your keys stay offline, the app handles viewing and sending.

10. Send & Receive Crypto

Sending Crypto

SafePal uses a QR code signing flow that keeps your keys offline.

Steps:

In the app, create your transaction
The app will show an unsigned transaction QR
Scan it with your hardware wallet
Confirm the details on the SafePal screen
Approve the transaction
The SafePal generates a signed QR code
Scan that QR code back into the app
The app broadcasts to the blockchain

Your private keys never leave the device.

Receiving Crypto:

In the SafePal app, select the asset
Tap Receive
Show your address
Double check the address on the hardware wallet screen
Share the address or receive via QR code
Optional test deposit recommended

Your SafePal device will not need to be online to receive crypto.

11. Using DeFi, DApps, & NFT's

SafePal supports:

Uniswap
PancakeSwap
OpenSea (via mobile browser)
Staking platforms
Web3 dApps
NFT storage
Binance DEX
Many multi chain ecosystems

Inside the app, you can use SafePal browser or WalletConnect for access.

Transactions still require signing on hardware.

12. Backup and Recovery Options

SafePal allows:

Standard 12 or 24 word seed backup
Optional passphrase wallet
Encrypted offline backup export

If your SafePal device is lost:

Reinstall with your seed on any SafePal or BIP39 compatible wallet
If you added a passphrase, it must also be entered

Your seed phrase is the ultimate backup.

13. Long Term Storage Best Practices

SafePal is secure, but improve your protection with these steps:

Keep your device powered off when not in use
Store seed phrase offline and distributed
Add a strong passphrase only if you understand it
Keep your phone updated and free of malware
Use a dedicated phone for crypto if possible
Do regular firmware updates
Use 2FA on your exchange accounts

SafePal plus good habits equals strong long term safety.

Your SafePal is Ready!

Frequently Asked Questions

What is the SafePal wallet?

SafePal is a hardware and software wallet brand that offers cold storage devices and a companion mobile app. It is known for being air-gapped, meaning the hardware wallet communicates via QR codes rather than USB or Bluetooth, keeping it completely isolated from internet connections.

How do I set up a SafePal hardware wallet?

Power on the device, choose to create a new wallet, set a PIN, write down your seed phrase in order and store it securely offline, then verify the seed phrase on the device. Download the SafePal app and pair via QR code to complete setup.

Is SafePal a good hardware wallet?

SafePal offers strong air-gapped security and broad asset support at a lower price point than premium competitors like Ledger or Trezor. It suits users who want affordable cold storage with a large number of supported cryptocurrencies.

How does SafePal's air-gapped signing work?

Rather than connecting via USB or Bluetooth, SafePal uses QR codes to communicate between the device and the SafePal app. The app displays a QR code with transaction data; the device reads it, signs offline, then displays a QR code with the signed transaction for the app to broadcast.

What cryptocurrencies does SafePal support?

SafePal supports thousands of cryptocurrencies across multiple blockchains including Bitcoin, Ethereum, Solana, BNB Chain, and many others. Check the official SafePal asset list for the most current supported coins and tokens.

What should I do if I lose my SafePal device?

If you have your seed phrase stored safely, you can restore your wallet on a new SafePal device or any compatible hardware or software wallet. Purchase only from official channels and set up a new device using your seed phrase recovery process.

Where should I buy a SafePal wallet?

Purchase only from the official SafePal website or authorised resellers. Buying from unofficial sources risks receiving counterfeit or tampered devices that could compromise your private keys.

Does SafePal have a software wallet too?

Yes. SafePal offers a free software wallet app that can be used independently without the hardware device. The software wallet is a hot wallet and carries the standard risks of internet-connected storage, making the hardware wallet preferable for larger holdings.

WRITTEN & REVIEWED BY Chris Shepley

UPDATED: AUGUST 2026