SafePal X1 Review 2024: Is It Safe To Use?

Have you ever felt a twinge of anxiety when storing your cryptocurrency on an exchange or software wallet? To truly protect your digital assets, a hardware wallet is essential.

The SafePal X1 is a compelling option, balancing affordability with robust security features. Let’s dive into our SafePal X1 review and why it might be the right guardian for your crypto coins and tokens.

About SafePal X1 Hardware Wallet

The SafePal X1 is a hardware cryptocurrency wallet designed with a balance of security and ease of use. As a hardware wallet, it provides offline, “cold” storage of your cryptocurrency private keys, meaning your assets are kept safe from the potential vulnerabilities of online “hot” wallets. Unlike some hardware wallets that rely on USB connections, the SafePal X1 operates mainly via Bluetooth for increased portability.

The SafePal X1 puts security at the forefront of its design. It employs an EAL 5+ independent secure element for storing your private keys. This means they are isolated within the hardware, making it incredibly difficult for hackers to access.

Additionally, the device boasts a self-destruct mechanism to erase sensitive data should it detect any tampering. The X1 is also entirely air-gapped, meaning it has no WiFi, NFC, USB, or other potential online connection points – greatly minimizing the risk of attacks.

Pros

1. Air-gapped design, secure element, and self-destruct mechanism
2. It supports unlimited crypto assets on 100+ blockchains
3. Bluetooth and mobile app integration for easy management
4. Affordable pricing compared to other cold wallets like ELLIPAL Titan and Ledger Nano X
5. Fully open-source for community trust

Cons

1. The display is small and buttons may not be user-friendly for some users
2. Bluetooth may cause a security risk

SafePal X1 vs. SafePal S1 vs. SafePal S1 Pro

Related: Full SafePal S1 Review

SafePal X1 Review: Unboxing

1. SafePal X1 Hardware Wallet x 1
2. Cleaning Cloth x 1
3. Sticker x 2
4. USB Cable x 1
5. Mnemonic Phrase Card x 3
6. User Manual x 1
7. Download App Card x 1

SafePal X1 Security Review

The SafePal X1 hardware wallet is designed with a strong focus on security to safeguard your cryptocurrency assets. Here’s an overview of its comprehensive security measures:

1. True Offline Storage (Air-Gapped)

The SafePal X1 never directly connects to the internet. Unlike software wallets and some competitors that use USB or WiFi, it relies on a secure Bluetooth connection for communication.

This air-gapped approach creates a barrier against online hacking attempts, ensuring that your private keys remain isolated and inaccessible to potential remote attacks.

2. EAL 5+ Independent Secure Element

Within the X1 lies a dedicated secure element chip, certified at EAL 5+ (Evaluation Assurance Level). This chip is similar to what’s used in credit cards and passports.

It’s designed to store your private keys and authorize cryptocurrency transactions in a tamper-resistant environment, separate from the device’s main operating system.

3. Self-Destruct Mechanism

For extreme protection, the SafePal X1 is equipped with multiple sophisticated sensors to detect attempts at physical tampering.

If the device senses intrusion like forced opening or abnormal voltage fluctuations, it will trigger a self-destruct mechanism. This immediately wipes all sensitive data, including private keys, making your crypto assets irretrievable to malicious actors.

4. True Random Number Generator (TRNG)

Your private keys are the ultimate protection for your crypto. The SafePal X1 employs a dedicated True Random Number Generator within the hardware to create highly unpredictable and secure private keys during wallet setup.

This eliminates the chance of pre-generated keys or patterns, ensuring your wallet is truly unique. Additionally, SafePal’s open-source approach allows its code to be transparently inspected by experts for greater trust.

SafePal Cold Wallet Supported Coins

The SafePal cold wallet lineup (hardware wallets and their software wallet app) supports unlimited cryptocurrencies across 100+ blockchains. Here’s a breakdown:

1. Bitcoin (BTC)
2. Ethereum (ETH)
3. BNB Chain (BNB)
4. Solana (SOL)
5. Ripple (XRP)
6. Cardano (ADA)
7. Polygon (MATIC)
8. Tron (TRX)
9. Litecoin (LTC)
10. Polkadot (DOT)
11. Avalanche (AVAX)

And many more!

SafePal X1 Price Review

The SafePal X1 hardware wallet currently priced at around $69.99, it falls squarely into the budget-friendly category of hardware wallets.

This places it in direct competition with devices like the Ledger Nano S Plus ($79), while significantly undercutting the price of more premium options like the Ledger Nano X or Trezor Model T.

SafePal X1 Alternatives: Ledger and Trezor

SafePal X1 Customer Support

SafePal has two options for customer support, Live chat and E-mail. You can usually find a live chat option on the SafePal website or within their app. This is often the quickest way to get help for simple questions or basic troubleshooting. The company has received a 3.8/5 rating on the Trustpilot.

Customer support reviews for the SafePal X1 hardware wallet are generally mixed. Some users express satisfaction with the speed and helpfulness of the support team, particularly when compared to other companies in the cryptocurrency space. They praise the availability of 24/7 support and the relatively quick response time from support representatives.

However, other users have encountered negative experiences. Some common complaints include difficulty getting in touch with a live representative, slow resolution times for issues, and a lack of in-depth technical knowledge from some support staff. These negative reviews suggest there is still room for SafePal to improve its customer support offerings.

Conclusion

Our Safepal X1 review shows that it is a great option for those looking for a secure and easy-to-use hardware wallet. It supports unlimited coins and 100+ blockchains, making it a versatile choice for crypto investors.

The X1 also features multiple layers of security, including an EAL 5+ independent secure element, to keep your assets safe. It is a good choice for both beginners and experienced crypto investors.

SafePal X1

Amit Chahar

The SafePal X1 is an affordable hardware wallet that prioritizes offline security for your cryptocurrencies. It offers Bluetooth connectivity for convenient management, while its air-gapped design ensures your keys remain isolated. The SafePal X1 supports unlimited cryptocurrencies and tokens.

Supported Coins

Security

Ease of Use

Build Quality

Summary

The SafePal X1 hardware wallet provides an affordable and user-friendly way to secure your cryptocurrency offline. This air-gapped device supports a wide range of coins and tokens, making it a versatile choice for crypto holders. SafePal X1 prioritizes security and ease of use for a worry-free crypto storage solution.

4.3

Visit SafePal X1

SafePal X1 Review: FAQs