SafePal Hardware Wallets
SafePal sells three hardware wallets: the S1 ($49.99) and S1 Pro ($89.99), which sign transactions through QR codes using a built-in camera, and the Bluetooth X1 ($69.99). All three are managed with the SafePal mobile app, which the company says supports more than 200 blockchains.
SafePal Wallet Models
Explore the complete range of SafePal hardware wallets designed for different needs and budgets.
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SafePal S1
SafePal S1 at $49.99: QR air-gapped signing through a built-in camera, a 1.3-inch color screen, a vendor-stated secure element and partly public firmware.
SafePal X1
SafePal X1 at $69.99: a Bluetooth hardware wallet with a monochrome 128×64 screen, physical keypad, partly open-source firmware and a vendor-stated secure element.
SafePal S1 Pro
SafePal S1 Pro at $89.99: QR air-gapped signing via a built-in camera, an aluminum and glass body, a 1.3-inch color screen with D-pad and a 500 mAh battery.
Compare SafePal Models
Side-by-side comparison of all SafePal hardware wallets to help you choose the right one.
| Feature | Top pickSafePal S1 | SafePal X1 | SafePal S1 Pro |
|---|---|---|---|
| Price | $49.99 | $69.99 | $89.99 |
| Our Rating | 66 | 66 | 64 |
| Secure Element | |||
| Open Source | |||
| Bluetooth | |||
| USB-C | |||
| NFC | |||
| Touchscreen | |||
| Battery | |||
| Networks | 57 | 57 | 57 |
Pros & Cons of SafePal Wallets
Pros
- The S1 starts at $49.99, and all three models cost less than $90
- The S1 and S1 Pro sign through QR codes, with no USB data or Bluetooth link to the phone
- Firmware application code for the S1 and X1 is published on GitHub under GPL-3.0
- Every model works with the SafePal app, which SafePal says supports more than 200 blockchains
Cons
- The secure element chip is not named, and no certificate details are published
- SafePal says Keylabs audited the X1, but no audit report has been published
- Kraken Security Labs found the S1's tamper detection ineffective in 2021; SafePal disputed the impact
- An August 2026 breach exposed names, addresses and order details of about 39,800 customers
SafePal Rating Summary
How We Rate SafePal Wallets
Every rating is based on 40 measurable parameters with a fully transparent, open formula. No pay-to-play, no hidden criteria.
Which SafePal Should You Buy?
Quick guide to choosing the right SafePal wallet based on your needs.
Ready to Choose Your SafePal Wallet?
Based on our analysis, the SafePal S1 is the top-rated model with a score of 66/100.
Who Is SafePal Best For?
SafePal wallets are designed for specific types of users and use cases.
First hardware wallet
The S1 costs $49.99 and is set up through the SafePal mobile app. It uses a 24-word recovery phrase, and SafePal includes three recovery phrase cards in the box.
Learn more →QR-code signing
The S1 and S1 Pro scan and display QR codes with a built-in camera and colour screen, so transactions are signed without a USB data or Bluetooth connection.
Learn more →Bluetooth with a phone
The X1 ($69.99) connects to the SafePal app over Bluetooth 5.0 and has 12 buttons plus a D-pad for input. It has no camera, so it does not sign through QR codes.
Learn more →Multi-chain and DApps
SafePal says its app covers more than 200 blockchains and gives access to decentralised apps, while each transaction still has to be approved on the hardware wallet.
Learn more →SafePal vs Other Wallets
See how SafePal compares to other leading hardware wallet brands.
SafePal vs Ledger
The Ledger Nano S Plus ($69) has no Bluetooth, NFC or QR camera, while SafePal offers QR-code signing on the S1 ($49.99) and Bluetooth on the X1 ($69.99).
SafePal vs Trezor
The Trezor Safe 3 ($59) has no Bluetooth, NFC or QR camera, while the SafePal S1 ($49.99) signs through QR codes and the X1 ($69.99) adds Bluetooth.
SafePal vs Ellipal
The Ellipal Titan 2 ($169) and the SafePal S1 Pro ($89.99) both sign only through QR codes, and the SafePal model is listed at a lower price.
About SafePal
SafePal was founded in 2018 and describes itself as a remote-first company; its Google Play developer listing gives a Hong Kong address. According to SafePal, Binance made a strategic investment in October 2018, and its product pages list Binance Labs, Animoca Brands and Superscrypt as backers. The first device, the S1, went on sale in May 2019.
The range has three models. The S1 ($49.99) and the aluminium-bodied S1 Pro ($89.99) exchange data with the phone only through QR codes, and SafePal says their USB-C port is for charging. The X1 ($69.99), launched in 2023, connects over Bluetooth. SafePal lists an EAL6+ secure element for each model but does not name the chip.
Firmware application code for the S1 and X1 is public on GitHub under GPL-3.0. In 2021 Kraken Security Labs reported weaknesses in the S1, which SafePal partly disputed, and in August 2026 SafePal disclosed a leak of customer order data.
Price & Value
All three models cost between $49.99 and $89.99, and SafePal offers free standard shipping on orders of two or more devices.
Security
The S1 and S1 Pro sign through QR codes from a built-in camera, and SafePal states that every model has an EAL6+ secure element and a self-destruct mechanism triggered by tampering.
Open Source
Firmware application code for the S1 and X1 is public on GitHub under GPL-3.0 and is updated with each release; SafePal does not say whether secure element code is included.
FAQ About SafePal Hardware Wallets
Is SafePal open source?
Partly. SafePal has published firmware application code for the X1 on GitHub since 2023 and for the S1 since 2025, both under the GPL-3.0 licence, and a core version of its mobile app is also public. For the S1 Pro, SafePal says the essential key-generation code is open. The company does not state that the secure element firmware is public.
Is SafePal backed by Binance?
According to SafePal, Binance made a strategic investment in the company in October 2018, and SafePal took part in the first Binance Labs incubation program. Its product pages currently list Binance Labs, Animoca Brands and Superscrypt as backers. SafePal does not publish the terms of the investment or its shareholder structure.
Which SafePal wallets are air-gapped?
The S1 ($49.99) and S1 Pro ($89.99). Both use a camera and QR codes to exchange data with the SafePal app, and SafePal says their USB-C port is used only for charging. The S1 Pro adds an aluminium alloy and tempered glass body. The X1 ($69.99) connects over Bluetooth 5.0 and has no camera.
Has SafePal had security incidents?
In 2021 Kraken Security Labs reported that the S1's tamper detection was ineffective and that a firmware downgrade went undetected; it could not steal funds. SafePal disputed the tamper finding and fixed the downgrade issue in firmware V1.0.24. In August 2026 SafePal disclosed that a flaw in an order-tracking plugin exposed contact and order details of about 39,800 customers; it says no seed phrases or private keys were involved.
How many coins does SafePal support?
SafePal says its app supports more than 200 blockchains. Its token figures vary by listing: the App Store description mentions more than 10,000 cryptocurrencies, while the Google Play description cites more than 200,000 tokens and NFTs. These are company figures, so it is worth checking SafePal's asset list for a specific coin before choosing a device.
Compare SafePal Hardware Wallets
See the S1, S1 Pro and X1 side by side, including connectivity, screens, open-source status and prices.
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