Safety is our primary concern whenever we think of trading in crypto assets because it involves a huge monetary investment. At times, you may find crypto traders around you who are not well versed in crypto trading and the rules and regulations that need to be followed and such users end up creating a mess. Hence, if you do not wish to be one of those users who do not know the necessary actions that need to be taken before and after trading crypto assets, then you should first get a clear idea about the same.

To kick-start your crypto trading journey, you first need to create access to a crypto exchange from where you can buy or sell crypto assets. Following this, once you acquire some crypto assets, you need to create access to a crypto wallet like SafePal wallet so that you can store your crypto assets in it.

So, if you already have bought some crypto assets and you are in the next stage where you are looking for a potential crypto wallet for storing those assets then you can continue reading this post further and gain more knowledge about traders' personal favorite crypto wallet i.e. SafePal wallet.

What is a SafePal wallet?

Starting from scratch, we can say that it is far different from the traditional crypto wallets where the wallet is present either in the hardware form or the software form. However, this is not the case with SafePal wallet. Well, when I say that this wallet is pretty unique from other wallets, I mean that this wallet is available in both the hardware form as well as software form. So, you have the option to choose between a hot or cold wallet. In case you are not sure whether or not this crypto wallet could provide you with the required features and benefits, then you must review it first. So, let's get thorough with both of its versions first.

Be thorough with the SafePal S1 hardware wallet

The S1 model of the SafePal wallet is a hardware wallet that allows users to make sure that they are able to use the features and functionalities offered by a Ledger wallet in a cheaper way. First of all, you need to take a look at some unique features incorporated in the wallet i.e. the wallet allows you to take part in the activities related to DeFi and dApp. Not just that, using the SafePal s1 hardware wallet, you can browse through a wide selection of coins and tokens or store some Non-Fungible tokens as well.

For those who are interested in making offline transactions confirmations, for them, this wallet could be a great choice. The "offline" feature of this wallet is something that gives us a surety that all our funds will always remain safe. Additionally, for using the wallet, you do not need to add any personal details of yours and are not required to complete the KYC procedure as well. For more details on different versions of SafePal wallet, you can refer to their official website i.e. https://www.safepal.com/en/ where you'll find information on its software and hardware versions under one roof.

Stepwise SafePal Wallet download guide

To use the software version of the SafePal wallet, you can either install the wallet extension or the wallet app on your device. For this purpose, all you need to do is follow the steps given in the specific sections below:

Download the SafePal Wallet App-

1. First of all, you need to go to the official website of the wallet

2. Or, jump directly to https://www.safepal.com/en/download 

3. Use the scanner on your mobile device to scan the given QR code

4. The app will now begin downloading on your iOS or Android device

5. Instead of scanning the QR code, you can also select the preferred download icon

Download the SafePal Wallet extension-

1. Again get to the same website as given above

2. From the given "Download" page, select the "Browser" option

3. Thereafter, you can choose your preferred browser to get started

4. You have the option to get the SafePal wallet extension for Chrome, Edge, and Firefox

5. Based on your choice, you need to select the further options

On the other hand, if you have purchased the SafePal S1 hardware wallet, then you need to install the firmware from the same "Download" page as specified above.

Set up SafePal wallet for PC

Now that you have installed the firmware, extension, or the SafePal wallet app on your device, the next step that you need to take is to set up the wallet on your device. For this, you can follow the steps as explained in the section to follow:

1. Open the wallet app/extension on your device

2. Then, choose the option that allows you to create a wallet

3. Further, you can select a SafePal wallet login password and confirm it

4. After this, you can choose the length of your seed phrase (12 or 24 words)

5. Now, when you are shown the seed phrase, copy-paste it and create its backup

6. Thereafter, you are all set to use your wallet in a few seconds

7. If you want, you can also enable your fingerprint for enhanced security

The SafePal Wallet login process explained

The method through which you can sign into your SafePal wallet is pretty easy. All you need to do is navigate through the official website of the platform and get the wallet app, extension, or firmware installed. If you have already done it, then you just need to open the wallet file. After opening it, you will see a screen where you need to enter your password.

So, carefully enter the wallet login password in this space and hit the option to sign into your wallet. However, if you have forgotten the password, you will need your secret recovery phrase to restore or recover your wallet.

Closing Views:

The details furnished above clearly explain how you can start using the SafePal wallet from scratch. In addition to giving you a brief overview of this wallet, we have also tried to help you understand the wallet usage procedures in a detailed manner. So, make sure that you follow all the steps accordingly and you'll be good to go.