Verified Wallet Record

SafePal X1 Review

SafePal X1 is a low-cost Bluetooth hardware wallet for mobile-first multi-chain users who want faster signing than QR workflows and broad token support, but it trades away the air-gap isolation of SafePal S1 devices and depends heavily on the SafePal app ecosystem.

SafePal X1
SafePal X1

SafePal X1

Budget Conscious Users
4/5

Pros

  • Strong fit for Budget Conscious Users
  • Strong fit for Mobile Users
  • Strong fit for Users Wanting Bluetooth
  • Strong fit for Multi Asset Holders

Cons

  • Not ideal for Airgap Security Seekers
  • Not ideal for Open source Purists
  • Not ideal for Bitcoin only Minimalists
  • Not ideal for Desktop First Users

Price

$69.99

Connectivity

Bluetooth 5.0, USB-C charging and firmware upgrade

Open Source

Partially open source

Coins

30,000+

Key Specifications

Manufacturer

SafePal

Country

Singapore

Launch Year

2023

Firmware Maintained

Yes

Secure Element

Yes

Air-gapped

No

Connection

Bluetooth 5.0, USB-C charging and firmware upgrade

Official App

SafePal App

Security Model

Security Philosophy

Budget Bluetooth signer that keeps private keys isolated in hardware while using Bluetooth authorization, secure-element protection, multiple sensors, and a self-destruct mechanism.

Trust Assumptions

  • Users verify signing prompts and verification codes before approving transactions
  • SafePal firmware releases and update files remain trustworthy
  • SafePal App and connected dapps do not misrepresent transaction intent
  • Bluetooth signing remains properly authenticated and does not expose private keys
  • The secure element, sensors, and self-destruct mechanisms behave as documented

Backup Methods

12 Word Seed, 24 Word Seed, Passphrase

Best For
  • Budget Conscious Users
  • Mobile Users
  • Users Wanting Bluetooth
  • Multi Asset Holders
  • DeFi Users
Not Recommended For
  • Airgap Security Seekers
  • Open source Purists
  • Bitcoin only Minimalists
  • Desktop First Users
  • Advanced Multisig Users

Known Issues

2023: Bluetooth versus air-gap tradeoff

SafePal X1 moved away from the S1 line's QR air-gap model to Bluetooth signing, creating a convenience-versus-isolation tradeoff that security-focused users evaluate differently.

Sources

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