SafePal is a digital currency wallet designed to provide a secure and user-friendly crypto asset management platform. SafePal offers hardware wallet and software wallet products managed by SafePal App, where users can easily store, manage and trade their crypto assets. SafePal supports 20 blockchains, including Binance Chain and Binance Smart Chain (BSC), over 10,000 tokens and NFT assets. SafePal is also Binance Labs' first hardware wallet.

It is committed to providing cryptocurrency users with a secure, easy-to-use, convenient and cost-effective wallet, allowing users to quickly and safely trade anytime and anywhere, protecting the security and privacy of users' assets.

As the blockchain industry grows, so will thefts of all kinds of digital currencies, especially as the value of investors' digital currencies rises along with the bull market. At this time, we pay more attention to the security of digital assets! In February 2014, MT.Gox advertised on its website that it would cease trading and subsequently file for bankruptcy. A total of 744,000 bitcoins were stolen as a result of the hack, which is worth about $6.6 billion at our current price! Similar exchange theft, individual investors accidentally stolen currency news is not uncommon. In addition, while most digital currency enthusiasts use paper to record their private keys, this practice is often not secure. Not to mention that over time, the writing can be blurred and illegible, and paper storage is a big problem. So the market needs a hardware wallet to escort investors' digital assets.

SafePal is a digital currency wallet designed to provide a secure and user-friendly crypto asset management platform. SafePal offers hardware wallet and software wallet products managed by SafePal App, where users can easily store, manage and trade their crypto assets. SafePal supports 20 blockchains, including Binance Chain and Binance Smart Chain(BSC), over 10,000 tokens and NFT assets. SafePal is also Binance Labs' first hardware wallet.

Private key security is the most important in digital wallet. SafePal wallet built-in EAL5+ financial encryption chip, focusing on the protection of private key security. Based on EAL4+, EAL5+ improves the security requirements of the chip itself and its whole life cycle. The scope and intensity of safety function test have been increased in type test. The penetration test is changed from verification test to attack test, and the chip's anti-attack ability is improved from intermediate to advanced. Semi-formal design descriptions, architectural architecture that can withstand structured analysis, and other mechanisms to ensure the immutability of TOE life cycle are added to the security assurance capability assessment. SafePal hardware wallet has no wifi, Bluetooth, only qr code identification, to protect the security of assets to eliminate all network risks caused by Bluetooth, wifi, NFC or other RADIO frequency communication. That's what we call physical disconnection. This is the equivalent of the private key being kept in an isolated safe where no one can access it unless he or she accidentally loses it. It also has multiple security anti-tamper mechanisms, such as private key erasing and PIN code protection. In addition to security, ease of use is also the core competitiveness of the wallet. This ease of use is not only reflected in the simple operation process, but more importantly, as SafePal hardware wallet is empowered by binsecurity and the entire binsecurity ecosystem, a single device supports more than 1500+ kinds of encrypted digital assets, which is rare in the hardware wallet. At the same time, the support of many currencies also let it harvest a steady stream of flow, flow and feedback in the ecology, circulation.

SFP is SafePal's BEP-20 native feature token and has the following use cases: Fees and Discounts: Pay fees and get discounts on SafePal products such as SafePal Hardware Wallet and SafePal Swap. Collateral Rewards: Pledge SFP tokens and Earn rewards from the SafePal Earn program. Rewards and Candy: SFP token holders are entitled to special coupons, exclusive events and special collectibles from SafePal and its eco-partners. Community governance: SFP token holders can initiate proposals and vote on the use of the funds pool and new features, such as adding a new blockchain to SafePal products.

SafePal S1 supports thousands of currencies, including BTC, ETH, BCH, XRP, LTC, and TRX. The fly in the ointment is that the popular EOS is not supported yet. However, currently the official development, will be online. 2. Simple interface and easy to use, SafePal S1 supports 10 languages including English, Chinese and Japanese. The main interface is a 1.3-' high resolution IPS screen with four directional navigation physical buttons. The actual use is very simple and convenient, and the built-in 400mAH battery, USB charging port so that users have no worries. (Need to mention the characteristics of scanning code transfer, this is very consistent with the use of domestic users. It should also be mentioned that we support the use of mobile terminals, which can transfer money anytime and anywhere, unlike USB wallets, which require a computer to transfer money.) 3. High security factor SafePal S1 built-in German AIS31 standard true random number, to ensure that the private key generated unique and random number. Every hardware wallet claims to be secure, but the SafePal S1 is not connected to the Internet in any case. Also, the SafePal S1 doesn't have bluetooth connectivity. There are many products on the market that can be connected via Bluetooth. Now that hackers are everywhere, Bluetooth connections have been proven to be intercepted or tampered with, which is extremely insecure. The SafePal S1 is as safe as it gets.

SafePal S1 Hardware Wallet: SafePal S1 hardware Wallet is a 100% offline and distributed hardware wallet that supports 20 blockchains and more than 10,000 cryptocurrencies. SafePal S1 incorporates advanced security technologies, including EAL5 + security elements, self-destruct mechanisms, device authentication mechanisms, and more. 2. SafePal Cypher: SafePal Cypher is a metal seed phrase board that protects your memory phrases from water, fire, salt and corrosion. 3. SafePal Leather Cover: SafePal leather cover is a SafePal wallet accessory that protects the SafePal S1 hardware wallet from scratches and bumps and acts as a multi-purpose card clip that holds the card in place. SafePal Software Wallet: SafePal Software Wallet is a secure distributed wallet that allows users to easily import, recover and manage wallets and encrypted assets on their mobile devices. 5. SafePal App: SafePal app is a user-friendly application that allows users to easily manage SafePal hardware Wallet and SafePal Software Wallet. The SafePal application has powerful features including purchase, exchange, transaction and Dapps. It can be found on SafePal, the App Store and Google Play.

Distribution ratio of tokens: 1. Investors: 25% (seed round 2%, strategic round 9%, private round 4%) 2. Launchpad: 10% 3. 5. Operations: 40% (Ecosystem collaboration 5%, Products and Markets 15%, Foundations 20%)

1, the most cost-effective wallet on the market, so that more people enjoy safe and easy to use hardware wallet services. 2. The first and only hardware wallet project invested by Binance. 3, multiple security protection mechanism, built-in independent chip, security sensor, true random number, self-destruct mechanism and other advanced hardware security technology, to protect the safety of user assets. Anytime and anywhere on the phone to check accounts, receive and pay, do not need to carry the computer run. 5, the operation is simple and easy to understand, the novice can also quickly start. 6. Support Binance DEX decentralized trading platform. Users can log in to DEX through one-click scanning on the SafePal wallet side and confirm each transaction by securely signing on the Cold wallet side. Users can also trade DEX anywhere and anytime on the SafePal App.

SafePal has launched the Wallet Holder Offer (WHO), an innovative airdrop mechanism that provides SafePal users with the first token reward distribution system of its kind. Wallet Holder Products (WHO) aims to reward SafePal software and hardware wallet users by providing airdrop tokens from SafePal Eco-partners in a secure, decentralized and user-friendly manner. Users must have SFP tokens in their SafePal wallet, and the number of TOKENS required will vary depending on the product (e.g. reward allocation, tasks and schedules). The SafePal Wallet Holder Product (WHO) serves as a bridge for SafePal users to learn and participate in major projects as well as blockchain projects to gain valuable community feedback from a large and active user base. The goal is to help real users earn rewards safely and fairly by: Learning to earn: Users will earn rewards by learning and participating in new and exciting cryptography projects. Simple: Use this product to earn rewards. There are no complicated rules. Rewards will be sent directly to the user's SafePal wallet.

SafePal's relatively large color display is perhaps the biggest advantage over classic hardware wallets the size of flash drives. The words are easy to read on the screen, similar to the process on an iPod. The main body of the device is easier to manipulate than the Ledger (it's not so small and holds well), but its surface is so shiny that few dust particles stick to it.

Hardware cold wallet device belongs to the combination of hardware and software products, which tests the technical ability of the founding team. The SafePal team is a rare crossover team of software and hardware. Its members are not only product and R&D experts from software giant Tencent, but also technical talents from top-tier hardware manufacturers such as Huawei and Samsung. With a combination of hard and soft, SafePal's technology portfolio is reliable.

As the only hardware wallet invested by Binance, SafePal naturally has deep support from Binance. On more than one occasion, CZ has been actively interacting with SafePal on social media, defending SafePal. SafePal has blossomed outside its walls and won a legion of fans abroad. Many youtubers gave SafePal S1 high marks. Social media, such as Twitter, also saw a flurry of tweets from users expressing their love for SafePal S1. Now, SafePal is also making a push in China, as the product and technology company will bring secure, user-friendly and cost-effective wallets to domestic cryptocurrency investors.

SafePalSafePal, binance's first cold wallet brand, is dedicated to providing crypto investors with a secure, portable, easy-to-use asset storage and management solution. "With over 15 years of experience in hardware, software and network security, SafePal's flagship SafePal S1 product represents a new generation of guardians of cryptographic digital assets, integrating state-of-the-art security architecture and superior interactive experiences."

It is worth mentioning that Wallet Fail, a well-known hacker team, successfully cracked Ledger and Trezor's hardware Wallet in 2018. However, SafePal has carried out two rounds of attack and defense tests and given high security evaluation. Therefore, SafePal is still good in terms of security performance.

SafePal is binance's first hardware wallet project. Binance made a strategic investment of us $500,000 in October 2018. Launched the SafePal hardware Cold Wallet in May 2019 and software Wallet in May 2020, currently supporting 20 major blockchains, over 10,000 tokens and NFT assets. The founders of the team come from Tencent's big data security team, and other members come from front-line hardware manufacturers and financial practitioners, including Huawei, Samsung, China Merchants Bank, etc., with strong technical strength. In January 2021, it will issue NT $SFP. On February 8, 2021, binance will be officially launched.

SFP token as SafePal wallet nt, has the potential function of capturing the value of the wallet, SafePal wallet in hardware and software are in the forefront of the industry, and has been through the coin security ecology, has long-term value, can be long-term layout.