Features on this page:
Universal scan button
Add or disable tokens
View all your wallets paired with this App
View transaction history
Manage multiple wallets in ONE App
2.Receive and send money
- Frictionless login to Binance DEX
- To scan cryptocurrency payment address QR codes.
4.Trade（Trade on DEX inside SafePal）
View “Open Orders”
View “Order History”
Features on this page:
- Change the App password
- Customize the transaction fee(cost)
- Set a default currency
- Change language
- View App version
- Help center
6.Custom collation of the currencies
Custom collation of the currencies is an advanced feature of SafePal. Users can adjust the currency order by simply pressing and dragging the currency in the “Coin management”
Users can click the “Delete” icon in the upper right corner of the “Coin management” interface and choose to delete unwanted currencies.
Scan: To pair with the SafePal App, or sign transactions.
Asset Management: To view the existing tokens in your App. (Please be noted that S1 wallet will not sync automatically from the App. If users add/delete token in the App, the S1 wallet will have to sign a transaction of this added/deleted token to update the list of an asset in it.)
Signing History: To view all 'sending out' signing history. (For receive history, please check the App for concrete details.)
Settings: To customized settings, including sleep time, auto-off setting, language, PIN changing, resetting wallet, firmware upgrade, etc.
There is no bluetooth, wifi, NFC, USB or any other radiofrequencies on SafePal wallet. SafePal S1 only interacts with SafePal App via encrypted QRcode.
S1 is embedded with independent EAL5+ crypto element, keeping the top security of your private key.
Inside S1 there is embedded with self-destroy and data-erasing mechanisms. Once there is any software or physical attack detected by multiple sensors, the wallet will initiate self-defence mechanism, the self-destruction mechanism will erase the private key and all wallet data, keeping the hacker from getting sensitive data, keeping your asset from wrong hands.
After the data is destroyed, you can recover the wallet on another SafePal wallet with the correct mnemonic phrase.
In most cases, you might find the SafePal App convenient enough in many scenarios, such as receiving money, checking balance, add/delete tokens, view transaction history, etc. And you will be surprised that you don't need to use a SafePal S1 hardware wallet at all in some cases.
This part is to explain the most frequently asked questions about the working mechanism between a SafePal S1 device and a SafePal App.
The SafePal S1 device is responsible for 3 'jobs':
Creating a unique private key with the embedded true random number generator(when you need to create a new wallet)
Keeping 100% security of your private key
Approve and sign every 'sending out' transactions
Thus, only when you need to create a new wallet or verify and sign a transaction will you need to use a SafePal S1 wallet.
Please refer to the following video tutorial to learn about what happens when you need to send money to others.
In a nutshell, S1 wallet interacts with the App via encrypted QRcode. By scanning the encrypted QRcode on the App, the S1 wallet can read all transaction details and then sign it with a unique PIN code(set by the user).
Among all the technologies mentioned in the title, the QRcode is considered the most secure communication mechanism for several reasons:
Image transmission between the device and the App could operate normally without the existence of any internet or radio frequencies. Thus it can keep the device 100% offline and secure from any online attack.
Scanning with a QRcode means the device needs to be very close to your cellphone whenever you need to sign and send money. This will make short-distance radio frequency attack much more difficult.
The action of scanning a QRcode is intuitive for most smartphone users, without too much effort to learn and acquire.
This is a creative feature to smooth user experience when users try to transfer money to others conveniently.
When a user copies an address from outside the SafePal App, and then opens the SafePal App, the App will detect the copy address and guide you through the transfer directly. With this feature users don’t need to copy and paste long address anymore, lowering the possibilities of making errors when entering the address.