


SafePal takes care of your assets, securing your private keys on their hardware wallet while letting you manage, observe and trade your assets simultaneously from the mobile application.
Own and Control Your Assets
SafePal is one of the most secure hardware and software wallets in the Decentralized Finance (DeFi) space. The wallet provider backed by Binance allows users to own and have control of their assets safely and conveniently. SafePal is dedicated to providing a user-friendly crypto management platform and has over 3 million users in more than 196 countries.
Through its hardware and software wallet products, managed through the SafePal application, users have managed, secured, swapped, traded, and grown their crypto assets. Additionally, the wallet supports over 10,000 digital assets and is trusted by individuals across different continents.
Being the first tokenized crypto hardware wallet endorsed by an industry-leading exchange, SafePal aims to make crypto secure and simple for everyone.

SafePal Wallet Application
The SafePal wallet application—the software wallet, is available for Android and iOS users. The application has an easy-to-use User Interface (UI) where users can send or receive cryptocurrencies and interact with Decentralized Applications (dApps). Users can also trade using the SafePal Decentralized Exchange (DEX) or Binance Centralized Exchange (CEX).
The SafePal DEX is an Automated Market Maker (AMM) that allows the swapping of tokens across numerous blockchains, including Ethereum, Tron, and BNB Chain. Users can also buy crypto within the application through a credit card, bank account, iDEAL, Bancontact, EPS, Giropay, and sofortbanking.
In summary, the software wallet has several unique offerings as follows:
- Swap: Cross-chain Swap and Bridge.
- Trade: Spots and Futures.
- Yield: SafePal Earn plus 19 Pools.
- Manage: Revoke manager, LP Center, DeFi Assets Page.
- Buy Crypto: Users can buy crypto using the numerous means outlined above.
The application has several security options like fingerprint scans, security passwords, pattern passwords, and pass-phrase login functions. Users can also hide their balances via the privacy mode.

SafePal Products
SafePal offers users three information products with good value for money: SafePal S1 wallet, SafePal Cypher seed board, and the SafePal Leather Case.
The SafePal S1 Wallet is the most valued product for crypto beginners. However, the Cypher hardware wallet protects users' seed phrase from water, fire, or corrosion. In addition, the leather case serves as a protective cover for both the S1 hardware wallet and the Cypher seed phrase protector.
SafePal Hardware wallet improves security by storing users' private keys and improving transactions sent from the application. In essence, the wallet offers long-term protection of crypto assets.
Features
SafePal S1 Hardware Wallet
The SafePal S1 Wallet is worth $49.99 with a 1-year warranty upon successful purchase. The Hardware wallet supports 32 blockchains and 30,000+ tokens, including unlimited currency storage. You can also onboard new tokens via firmware upgrade and add or delete tokens as you like.
It is super light and easy to carry as it is only the size of a credit card. The SafePal S1 Hardware wallet is delivered in a lovely box which contains the following:
- SafePal S1 Hardware wallet
- Cleaning cloth
- Three Mnemonic phrase cards
- User manual
- USB Cable

Just like the software wallet, the hardware wallet is also secure. Here is the security for users using the SafePal S1 Hardware wallet:
- True random number generator.
- Multiple layers of security sensor.
- EAL 5+ independent secure element.
- Self-destruct mechanism.

SafePal Cypher
The SafePal Cypher Seed Board is worth $44.99 with a 1-year warranty upon purchase. The product is made of premium 304-grade stainless steel and is fully resistant to water, salt, and acid. In addition, it is designed for easy installation and convenient storage to protect users' mnemonic phrases.
SafePal Cypher is compatible with any hardware or software BIP39 wallet and can be used by users to protect 12, 18, and 24-word seed phrases with ultra-security. The delivery box consists of the following:
- Two separate stainless steel plates together make up a cryptographic puzzle.
- A set of 288 letters
- User manual
- Stickers
- Screwdriver

Watch their YouTube Video to learn how to use it, and visit the SafePal Cypher page for more details.
SafePal Leather
The SafePal leather is a protective cover for the S1 hardware wallet and the Cypher seed board. It is worth just $9.99. The waterproof product helps prevent scratches and bumps on the hardware wallet.
It is light and compact, weighing only just 20g. Check out the product’s page for more information.

SafePal Token
$SFP is the native token of the secure wallet provider. It is a BEP-20 token on BNB Chain. The token is the core incentive that drives the growth of SafePal products and services and empowers the community's governance. Below is the tokenomics of the SFP token:
Token Supply: 500,000,000 SFP
Token Allocation
Foundation Reserve: 20%
Team: 20%
Community and Airdrop: 15%
Product and Marketing: 15%
Seed Sale: 2%
Public Sale: 10%
Private Sale: 4%
Strategic Sale: 9%
Ecosystem: 5%
SFP Token Key Utilities
Fees and Discounts: Users may use SFP for fees and discounts on the SafePal products and services.
Staking Rewards: SafePal users can stake SFP to yield extra interests from the SafePal Earn programs.
Bonus and Candies: Holders of SFP token have the privilege to:
- Enjoy special coupons from SafePal and its partners.
- Join exclusive campaigns launchpad on the SafePal platform.
- Claim special collectibles from SafePal and its partners.
Community Governance: SFP token holders can create proposals and vote for the Treasury fund usage and new features such as adding new blockchains on the SafePal S1 Hardware wallet.
Treasury: Each quarter, a certain percentage of the SafePal net profit is used by the protocol from SFP token buyback and deposit into the Treasury for community governance.
Ecosystem: $SFP will be the key driver of the SafePal open platform to provide open-source hardware wallet solutions for the industry.
SafePal Notable Milestones in 2021
- $SFP listing on 31 Exchanges.
- Became the first Binance Launchpad project in February.
- Wallet Holding Offering (WHO) was introduced in March.
- SefePal Earn went live in October.
- Supported VeChain, THETA, and Polygon, including Solana, Ethereum EIP1559 Standard and other chains (Cardano—only on Software wallet, Nervos, Fantom, Avalanche C-Chain, Arbitrum, Optimism, Heco, Songbird, and Boba.
- Launched Giftbox and SafePal pay in December.

The Story So Far
Partnership With Nervos Foundation
SafePal received a grant from Nervos Foundation. Nervos Foundation is a Common Knowledge Base (CBK) permissionless, layer 1, open-source, proof-of-work blockchain protocol focused on creating the foundations for an interoperable universal public network.
As part of the collaboration, SafePal has already provided users with the following:
- sUDT Integration.
- Godwoken Bridge: SafePal has integrated the bridge between Nervos and Godwoken, enabling easy migration of assets between both networks.
- Fiat Gateway: SafePal now supports fiat/$CBK gateway.
- Swap: Support for $CKB Swap.
- DApp Promotion: Nervos and SafePal would combine to promote Nervos dApps for worldwide adoption.
- Liquidity Mining: SafePal will promote the liquidity mining of Nervos DeFi products.
Read SafePal’s November 30th Blogpost to learn more.
Partnership with Terra
SafePal received a grant from Terra Foundation to integrate assets and DApps on the Terra ecosystem. The collaboration has already produced some of the following innovations:
- UST & LUNA integration.
- Fiat Gateway: SafePal is working towards assisting the Terra network with fiat gateway products like BTC Direct and Simplex.
- SafePal Swap: Users can easily swap Terra-based assets such as $LUNA and $UST.
- DApp Promotion: Both protocols would promote Terra product dApps for worldwide adoption.
- Liquidity mining: SafePal will promote the liquidity mining of Terra DeFi products via SafePal earn.
Read SafePal’s blog on February 8 to learn more about the collaboration.
Deployed BiSwap as a New SafePal Earn Partner
On February 24th, SafePal announced its collaboration with BiSwap. The partnership introduced the arrival of BiSwap pools within SafePal Earn and the following BNB Chain pools are now supported on the platform:
- SFP/BNB Pool.
- BSW Pool.
- BSW/BNB Pool.
- SFP Pool.
The collaboration will allow $SFP holders to stake and earn Biswap’s native $BSW token within SafePal Earn from February 25th till March 27th.
Go over to the protocol’s official announcement post to learn about the latest partnership.
Final Thoughts
SafePal is one of the most widely used wallet applications in the DeFi space. It is an important tool for users who want to manage their assets. Its Binance endorsement allows users to fine-tune their trades using built-in Binance spot trading features.
The wallet supports various assets and blockchains plus yield farming opportunities via SafePal Earn. The Hardware wallet is a unique security layer for users who want to protect their assets in cold storage. Ideally, it is meant for long-term storage, while the software wallet application is for daily interaction.
SafePal offers users countless possibilities to earn, send and receive tokens, all in one place. The protocol has integrated seamless components that allow users to buy, trade crypto, and interact with dApps. With the huge partnerships already recorded by the protocol, users would gain access to interacting with more dApps in the future.
For more details about SafePal, visit the following links:
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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PancakeSwap v3 Launches on BNB Chain’s Layer2 Network, opBNB

The launch of PancakeSwap v3 on opBNB promises users enhanced transaction speeds, reduced fees, and an overall improved trading experience.
On September 28, PancakeSwap Decentralized Exchange (DEX) announced the launch of PancakeSwap v3 on BNB Chain’s Layer2 network, opBNB. The announcement was made official through a post on its official X account and shared details via its blog.
🐰PancakeSwap v3 has officially launched on opBNB @BNBCHAIN!
— PancakeSwap🥞Everyone's Favorite DEX (@PancakeSwap) September 28, 2023
🔀Trade with fees as low as 0.01%
🥈Provide liquidity to the 2nd largest DEX
⛽️Transfer with gas fees as low as $0.005
👉Learn more: https://t.co/nvu7sZk0L7
🎥: https://t.co/xllWcW0fu2 pic.twitter.com/6QJWp4RdAt
According to the protocol’s blog, the new PancakeSwap v3 on opBNB promises traders and liquidity providers a host of benefits. These include the opportunity to trade with reduced fees, enjoy increased returns, and experience enhanced capital efficiency. Further, the Layer2 network ensures these advantages are delivered with high throughput and minimal gas fees.
opBNB, which powers this new integration, is built on the bedrock version of Optimism’s OP stack. It stands out as a swift Layer2 solution within the BNB Chain ecosystem.
Addressing the Layer1 Limitations
One of the significant challenges with numerous Layer1 blockchains has been handling high transaction volumes. With the introduction of opBNB on PancakeSwap, this issue is addressed.
The opBNB network boasts the capacity to handle over 4,000 Transactions Per Second (TPS). Additionally, it offers a minimal gas fee, which can go as low as $0.005. This ensures improved throughput and scalability for users.
In the words of the DEX, “PancakeSwap on opBNB offers a scalable solution; the opBNB network accommodates over 4,000 TPS and reduces gas fees to under $0.005 for transfers. Users enjoy improved throughput without sacrificing decentralization by offloading processing to Layer 2 while posting data to BNB Smart Chain.”
Expanding the DeFi Space
This recent integration marks opBNB as the sixth Layer2 network to be deployed on PancakeSwap v3. This expansion provides users with a broader range of options in the Decentralized Finance (DeFi) space.
Chef Mochi, the Head Chef of PancakeSwap, shared insights on this development, stating that the integration showcases the DEX’s dedication to promoting widespread adoption and empowering users in the cryptocurrency arena.
“By joining forces with the opBNB, PancakeSwap is pleased to bring users more accessibility and functionality than ever before. Our decision to launch on opBNB reflects our continued commitment to driving mass adoption of DeFi, empowering users, and fostering a vibrant DeFi community,” Mochi said.
The launch of PancakeSwap v3 on opBNB is a significant step forward in the DeFi space, promising users enhanced transaction speeds, reduced fees, and an overall improved trading experience.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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