SafePal review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
SafePal is a hardware wallet that keeps keys on your own device for a one-off price of $49.99 to $89.99, with no account or subscription fee. It suits holders who want many coins held offline, paired over Bluetooth or USB-C. Buying it means owning the recovery phrase yourself.
Key facts
- Best for
- Cold storage for many coins at a one-off hardware price.
- Wallet type
- Hardware↗
- Price
- $49.99 to $89.99↗
- Custody
- Self custody↗
- Coins supported
- 200↗
- Secure element
- CC EAL6+ secure element↗
- Open source
- Yes↗
- Connectivity
- Bluetooth, USB-c↗
- Backup options
- Seed↗
- Legal entity
- SkyGenesis Holdings Limited↗
- Founded
- 2018↗
- Support channels
- Email, Help-centre, Community↗
- Features
- Self-custody
- Official website
- safepal.com
Facts checked September 26, 2026, 4 sources
Apps and profiles
- Get the app
- App StoreGoogle Play
- Elsewhere
- XLinkedInyoutube.com
Pros and cons
Pros
- Keys stay on the device with self custody, so no account or platform holds the funds
- A CC EAL6+ secure element secure element guards the signing process
- Open source, with 200 coins supported on the device
- Works over bluetooth and usb c, so a phone, tablet or desktop can both pair and cable it
Cons
- Support runs on email, help centre and community only, with no phone line listed
- Backups rely on a seed phrase, so a lost device leaves no second hardware key
- A small hardware share of the market, 9.5%, means fewer comparable models than mobile wallets
Who it suits
- Holders moving larger sums who want keys off any online platform
- Users who already keep a written recovery phrase somewhere safe
- People who want to check the firmware themselves, since the project is open source
Who should look elsewhere
- First-time buyers who want a simple app and someone else holding the recovery details
- Anyone who will not store a seed phrase safely and privately
- Users who need live trading tools, since this is a storage device rather than an exchange
How SafePal compares
8.9 vs 9.1
8.9 vs 9.4
8.9 vs 9.4
8.9 vs 8.5
8.9 vs 9.4
8.9 vs 8.7
8.9 vs 9.2Its mobile wallet sits inside a trading platform, which fits users who want buying and selling in the same place.
8.9 vs 8.7
8.9 vs 9.3
8.9 vs 9.0
8.9 vs 9.5
8.9 vs 9.0Another hardware route at $79, so a similar one-off cost with a different maker and form factor.
8.9 vs 8.6
8.9 vs 8.5
8.9 vs 8.3
8.9 vs 9.6
8.9 vs 9.5
8.9 vs 9.4
8.9 vs 9.4
8.9 vs 9.3
8.9 vs 9.3
8.9 vs 9.3
8.9 vs 9.3
8.9 vs 9.3
8.9 vs 9.3
8.9 vs 9.2
8.9 vs 9.2
8.9 vs 9.0
8.9 vs 9.0
8.9 vs 9.0
8.9 vs 9.0
8.9 vs 8.9
8.9 vs 8.8
8.9 vs 8.7
8.9 vs 8.6
8.9 vs 8.5
8.9 vs 8.4- 8.9 vs 8.0
Frequently asked questions
How much does SafePal cost?+
The device is sold at $49.99 to $89.99. That is a one-off hardware price rather than a subscription, and no account needs opening with a platform. Site-wide, €0 sits at the median for wallets, with most cheaper entries being software wallets.
Does SafePal hold my coins for me?+
No. Custody is self custody, which means the private keys live on the device and nothing is held by SafePal as a platform. The tradeoff is that recovery depends on your own backup, recorded as seed.
How safe is the device?+
Signing runs through a CC EAL6+ secure element, a chip built to a high assurance standard for protecting keys. The firmware is open source, so the code can be inspected rather than trusted blindly. Both claims cover the device itself, not any protection scheme for your funds.
Which coins can I hold on it?+
The device supports 200 coins. That places SafePal at 39 of 111 brands on coin count, ahead of the wallet median of 46.
How do I connect it to my phone or computer?+
Connectivity is bluetooth and usb c. Bluetooth suits a phone or tablet, while USB-C gives a wired link to a desktop. Both are listed for the same device, so one unit covers either setup.
What happens if I lose the device?+
Recovery depends on the seed phrase, so the words written down at setup matter more than the hardware itself. Support runs on email, help centre and community, so no phone line is listed to walk someone through it. Nothing in the operating terms replaces that phrase.
Is it regulated or insured?+
No regulator or protection scheme is listed for the hardware, which is normal for a device rather than a custodian. Coins sit under your own seed phrase, not a platform balance. The stated entity, SkyGenesis Holdings Limited, operates the product, and the company dates to 2018.
Is it better than a mobile wallet?+
It depends on use. Mobile wallets dominate at 67.8%, while hardware sits at 9.5%. Choose the device for long-term storage, or a mobile wallet such as VaultLeap for frequent on-chain activity.
Sources
- safepal.com checked September 26, 2026
Backs: Custody, Support channels, Wallet type
“Your private keys never leave your non-custodial wallet so no one else has access to them, ever.”
- safepal.com/en/about checked September 26, 2026
Backs: Founded
“In 2018, Veronica Wong, a veteran in the tech industry, founded SafePal with two co-founders who shared her mission.”
- safepal.com/en/about/terms checked September 26, 2026
Backs: Legal entity
“SkyGenesis Holdings Limited (hereinafter referred to as, "SafePal", "the Company", "ourselves", "we" or "us")”
- safepal.com/en/store/x1 checked September 26, 2026
Backs: Backup options, Coins supported, Connectivity, Features, Open source, Price, Secure element
“Mnemonic Phrase Card x 3”
Compiled from 4 source pages, checked September 26, 2026. We did not open an account.