If you own crypto, one of the major concerns is keeping it securely. The best option that you have when it comes to securing crypto is a hardware wallet.
With a hardware wallet, your crypto holdings are safe from hackers online. While there are several options in the market when it comes to hardware wallets, most of them have several security flows. The main flow with these wallets is that they are easy to connect to the internet.
SafePal Cypher Review
The SafePal cypher was designed based on all the issues that exist with current hardware wallet solutions. It is designed to be easy to use and is backed by Binance, one of the largest crypto exchanges in the world.
Name : SafePal Cypha
Price : $44.99
Function : Seed Protection Board
Website : SafePal.io
Founded : 2019
How Does SafePal Hardware Work?
The SafePal works as a device which stores your private keys offline that it used to sign transactions, you can’t actually use the device without a mobile app or power source.
SafePal Referral Program
The SafePal Referral Program is a great chance for you to win exclusive amount of SFP tokens from every reference of your friends and families. This program is to reward your efforts in bringing more users to SafePal and being part of the crypto revolution. The user invited will get 25 SFP. After the invited user follows the SafePal Twitter and joins the SafePal Telegram group, the referrer will be rewarded 25 SFP.
Share Your Referral Code
Once you create or recover a wallet inside SafePal App using mnemonic phrase, you can access your unique referral/invite link by going to the ‘SafePal Referral Program’ in the ‘Claim SFP’ Dapp. You can share your referral/invite link with your friends by simply clicking ‘Invite Friends’ and sharing it across social network such as Telegram, Twitter, Facebook and Whatsapp.
Download And Create Wallet
Your friends download SafePal App, create or recover your wallet into it, and enter your referral code in the ‘SFP Referral Program’.
Safepal Crypto Wallet Features
According to their website, these are some of SafePal’s features:
- EAL 5+ financial grade chip
- 100% offline
- Key-erasing mechanism
- 1.3′ screen
- Connects with mobile app
- 15 different chains
SafePal Cypher Supported Coins
The SafePal supports 15 different chains as well as on-chain tokens which are as follows:
- Bitcoin
- Ethereum
- XRP
- Bitcoin Cash
- Litecoin
- EOS
- Binance Coin
- Tron
- Neo
- Dash
- Ethereum Classic
- Dogecoin
- Harmony
- Zcash
- Digibyte
- ERC20 tokens
- BEP2 tokens
- TRC10 & TRC20 tokens
- NEP5 tokens
When you’re on the SafePal app, to add more of these currencies (default is only the main ones), press on the pencil icon.
Is SafePal Cypher Safe and Credible
Starting from this January, SafePal has launched a new mechanism to delete customers’ hardware wallet order information on a monthly basis. For all the orders that have been fulfilled and delivered according to our logistics record, the order information will be reserved for 30 days and then be destroyed from our online system. The 30-day period enables us to provide product return service and after-sale support for our customers in time.
Disclaimer
This SafePal Cypher Review Article isn’t aimed at defaming SafePal Cypher nor is it targeted to promoting them.
This article is strictly for enlightening purposes and a honest guide from our perspective because we strongly believe every brand needs a good background check.
Therefore, you are at liberty to accept or reject this article and act base on your own perspective of the platform. You are encouraged to share your own opinion or views about the platform with us via the comments box below so as to further improve this SafePal Cypher review.
Team Xycinews is no third party and we can’t handle any queries whatsoever.
@The Blogger Scientist
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