Download SafePal Wallet Extension | Official Website
Safepal Wallet offers a user-friendly and robust platform to protect, store and easily manage virtual assets. The Wallet is integrated into the Safepal mobile app, a single-stop solution, enabling users to securely trade their digital assets. It offers a self-destruct feature to prevent users from a malware attack. Safepal Wallet allows users to swap digital tokens or assets over multiple blockchains. Safepal swap offers cheap and quick digital currency exchanges with low slippage compared to other swap features.
Advantages of Using Safepal Wallet Extension
Safepal Wallet offers one interface to control all kinds of wallets. You can manage software, hardware, and trading wallet in a single place.
Users can pair, scan, and manage Safepal Wallet conveniently.
You can purchase digital assets with a bank account, iDEAL, credit card, Giropay, EPS, and sofort banking.
It instantly allows users to exchange and swap one digital asset for another.
Safepal Wallet enables users to integrate with the famous Dapps on ETH, Tron & BSC.
You can bookmark the desired Dapps in just one tap.
List of Major Digital Currencies Supported by Safepal Wallet Extension
Recently, Safepal Wallet supports more than 20 blockchains and over 10,000 digital tokens or assets.
Bitcoin (BTC)
Litecoin (LTC)
Binance Coin (BNB)
Ripple (XRP)
Ethereum (ETH)
Stellar (XLM)
DASH
EOS
Bitcoin Cash (BCH)
Binance Smart Chain (BSC)
Steps to Install and Set Up the Safepal Wallet Extension
To begin, you need to visit the official Safepal Wallet website to download the Extension.
Then, you should select the desired option from the available options on the homepage.
Next, hit the Install or Get button and wait for a few seconds.
Set up a security password
The first thing users require to do is set up the Safepal Wallet Extension to create a reliable password. The security password should consist of at least eight alphanum that are utilized to update the security settings like pattern, fingerprint, and fast payments.
Note: Safepal Wallet doesn’t keep users’ seed phrases, private keys, or passwords within the platform. So, when the security password is set up, note it somewhere safe.
Steps to Create a Wallet on Safepal Wallet Extension
Firstly, you must move to the official Safepal Wallet Extension website.
You need to locate and press the Safepal Wallet button on the homepage.
Then, tap the Create Wallet tab and input your security password in the given box.
Next, you can input your wallet name and choose the number of seed words you would like to generate for the secret mnemonic phrase. Note: Safepal Wallet supports both creating 12 & 24 seed words.
After selecting the seed phrase, you should hit the Next icon.
Now, you have to jot down and place your mnemonic phrase at a safe location.
After that, you should specify your seed words in the correct order to confirm them.
Finally, your Safepal Wallet is ready to use.
How to Add Assets on Safepal Wallet Extension?
To participate in the DeFi protocols, you need to add some digital assets to the Safepal Wallet because of the transaction fee needed to confirm transactions.
For this, launch the Safepal Wallet app on your iOS or Android device.
Then, get into your Wallet using the security password or seed phrase.
On the Coin Management page, you have to choose the desired assets (i.e., ETH).
When selecting ETH, they will be transferred to your ETH Wallet detail page.
Next, you will view all the important transaction information that has appeared through the users’ assets in their respective Wallet.
Now, you need to choose the Receive option to add ETH to your Safepal Wallet, which will take you to the Receive page.
Lastly, using the available wallet address, you should add the ETH to your Wallet.
That’s all; you have successfully added assets to your Safepal Wallet.
Procedure to Initiate Cross-Chain Swap on Safepal Wallet Extension
Let’s begin; you should go to the official Safepal Wallet website.
Next, access your Wallet using the security password or security login fingerprint or pattern.
Then, you need to tap on the Swap button visible on the home page.
Now, choose the token or assets you would like to swap. In this section, we will take the example of BEP20 BUSD- BEP20 BNB.
After that, you must input your security password to sign your transaction.
To view your swap orders, you should tap on the Oder Book icon visible in the top right corner of the screen.
You can view the assets in your Safepal Wallet when the swap order is finished.
Instructions to Send Crypto from Safepal Wallet Extension
First of all, launch the Safepal Wallet app.
Next, get into your Wallet using the login credentials.
On the home page, you have to press the Send button.
Then, pick the token or coin you need to send from the stated list of assets.
Now, you should specify the destination address and the desired amount in the relative fields.
Tap on the Next button.
After that, choose the transaction fee settings, and hit the Next icon.
Carefully go through the details you have provided recently and confirm the details.
Lastly, you have to provide your security password to validate your transaction.
That’s it; you can now check the balance in your Safepal Wallet Extension.
Conclusion
Safepal Wallet is one of the market’s safest and most secure cryptocurrency wallets. It offers advanced security tools such as a hack-proof EAL5+ safe element, Self destruct mechanism, and two-factor authentication to protect the assets and personal data of its users. This Wallet currently supports more than 19 blockchains, its native assets, and over 10,000 virtual tokens. The above details well-organized blog on Safepal Wallet can assist you in generating a new wallet.