Air-gapped signing mechanism: Instead of radio-frequencies (Bluetooth, NFC, etc), antenna or USB, SafePal S1 Hardware Wallet adopts air-gapped signing mechanism to keep the device 100% offline.Device authentication mechanism: A security mechanism aimed to authenticate SafePal devices when a user receives a new SafePal hardware wallet.An independent security element is implemented in SafePal S1 to protect private keys from malicious attacks. EAL5+ secure element: SafePal S1 adopts dual-chip architecture, separating sensitive security logic from general business logic inside the product. It is built with advanced security features including but not limit to: SafePal S1 hardware wallet is the flagship product built by SafePal.It adopts advanced security features including but not limited to EAL5+ secure element, air-gapped signing mechanism, and self-destruct mechanism to protect keys from malicious attacks. SafePal S1 Hardware Wallet is a 100% offline cold-storage wallet for users to secure their private keys. Existing products 2.1 SafePal S1 Hardware Wallet October 2020: Supported Binance Smart Chain (BSC), BEP-20 tokens and all BSC-based dApps.Ģ.November 2020: Supported ERC-721, ERC-1155 and BSC NFT standards.December 2020: Supported Tron dApps in dApp store and BTC Direct.January 2021: Introduced the utility token SFP to the SafePal ecosystem.Supported dApps: All dApps issued on Ethereum, Binance Smart Chain and Tron network.Supported assets: 20 blockchains, 10,000+ tokens.SafePal helps users to secure and manage crypto assets through the combination of a decentralized and secure wallet solution and a crypto wealth management platform that bridges DeFi and CeFi. SafePal provides one-stop non-custodian wallet solutions to enable users to easily store, manage and trade their crypto assets. SafePal is a cryptocurrency wallet that aims to provide a secure and user-friendly crypto asset management platform. Community Governance: SFP token holders can initiate proposals and vote on how treasury funds will be deployed and on new features such as adding new blockchains on the SafePal products.Bonus & Airdrops: SFP token holders have the privilege to receive special coupons, join exclusive campaigns and claim special collectibles from SafePal and its ecosystem partners.Staking Rewards: stake SFP tokens to get rewards from the SafePal Earn program.Fees & Discounts: pay fees and get discounts on SafePal products such as the SafePal hardware wallets and SafePal Swap.SFP is SafePal’s BEP-20 native utility token and will have the following use cases:.SafePal is also the first hardware wallet portfolio backed by Binance Labs. SafePal supports 20 blockchains, including Binance Chain and Binance Smart Chain (BSC), 10,000+ tokens, including Non-Fungible Tokens (NFTs).SafePal provides hardware wallet and software wallet products managed by the SafePal App, where users can easily store, manage and trade their crypto assets. SafePal is a cryptocurrency wallet that aims to provide a secure and user-friendly crypto asset management platform.
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