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SafePal Extension - Wallet Recovery Guide

Aus Kössler Lehrerlexikon

Safepal wallet extension setup guide and features




Your Safepal Wallet Extension Setup and Key Features Explained

Install the Safepal Wallet Extension directly from the official Chrome Web Store or the official Safepal website. This step protects your assets from counterfeit software. The extension works with Chrome, Brave, and other Chromium-based browsers, placing a secure gateway to your crypto right in your toolbar.


Once added, launch the extension and select 'Create Wallet'. You will see your unique 12-word Secret Recovery Phrase. Write these words down in the exact order on the provided offline backup card. This phrase is the only key to your funds; store it physically, never digitally. Confirm the phrase by selecting the words in sequence to activate your wallet.


The extension interface presents a clear view of your multi-chain portfolio. It supports over 100 blockchains, including Ethereum, BNB Chain, and Solana, without requiring separate configurations for each. You can send, receive, and track tokens across these networks from a single dashboard. Adding a custom token is straightforward–paste the contract address.


Connect your wallet to decentralized applications by clicking the 'Connect' button on sites like Uniswap or PancakeSwap. The extension prompts you to review each transaction's details and network fee before signing. For added security, use the built-in transaction simulation feature to preview potential outcomes, and toggle 'Anti-Phishing' in settings to flag malicious websites automatically.


Link the extension with your Safepal Hardware Wallet for a powerful combination. This setup lets you approve transactions on the extension with a physical button press on the hardware device, keeping your private keys completely offline. Manage this connection and adjust security settings like auto-lock timers directly within the extension's options.



Safepal Wallet Extension Setup Guide and Features

Download the Safepal Extension only from the official Chrome Web Store or the official Safepal website to avoid fake software.


Click 'Add to Chrome' and confirm the installation; a new tab will open automatically to guide you. You now have a choice: create a brand-new wallet or connect your existing Safepal hardware wallet for enhanced security.


For a new wallet, the extension will generate a 12-word secret recovery phrase. Write this phrase down on paper and store it physically. Never save it digitally or share it with anyone, as it grants full access to your assets.


After confirming your recovery phrase, set a strong password for daily access to the extension. This password encrypts your wallet's data locally on your browser.


The main dashboard clearly displays your portfolio balance and recent transactions. Adding funds is simple; click 'Receive' on any asset to get your unique deposit address or use the built-in buy feature with a card.


Swapping tokens happens directly within the extension. Access the 'Swap' function, select your tokens, and the interface shows you the estimated rate and network fee before you confirm the transaction.


Connecting to decentralized applications is a core function. When you visit a dApp website, click the Safepal icon in your browser's toolbar to link your wallet and authorize transactions with your password.


For the highest security level, pair the extension with a Safepal S1 hardware wallet. This setup signs all transactions offline on the device, keeping your private keys isolated from online threats while using the extension's convenient interface.


Regularly check the 'Settings' menu to manage connected sites, adjust network preferences, and install available extension updates for the latest security patches and new token support.



Installing the Safepal Extension and Creating a New Wallet

Open your Chrome, Brave, or Edge browser and visit the official Chrome Web Store. Search for "Safepal Wallet" and select the extension published by "Safepal." Click "Add to Chrome" and confirm the installation. You'll see the Safepal icon appear in your browser's toolbar.


Click the new icon to launch the extension. A welcome screen presents your first choice: create a new wallet or import an existing one. For a fresh start, select "Create Wallet."


The application will clearly explain that you are responsible for your recovery phrase. Read the brief warning, and if you agree, proceed. Your 12-word mnemonic phrase will then appear on the screen.


Write down each word in the exact order it appears. Follow these rules for security:





Use a pen and paper, not a digital screenshot or text file.


Store the paper in multiple secure physical locations.


Verify that every word is copied correctly with no spelling errors.



After recording the phrase, you'll confirm it by selecting the words in the correct sequence from a list. This step ensures you have a perfect backup. Once confirmed, you will set a strong password specifically for the extension's local access.


Your new wallet is now active. The main dashboard shows your asset balance, which will be zero. Before depositing any funds, complete these final checks:





Access the settings menu and find the "Wallet Security" section.


Use the "Verify Recovery Phrase" tool to practice restoring a dummy wallet.


Bookmark Safepal's official support page for future reference.



You can now receive crypto by clicking "Receive," selecting a coin like Bitcoin or Ethereum, and sharing your public address. The extension is ready to manage assets and connect to Web3 applications.



Connecting Your Existing Hardware Wallet to the Extension

Confirm your hardware wallet model is compatible; the SafePal extension currently supports direct connection with SafePal Hardware Wallet models via USB or Bluetooth. For Ledger or Trezor devices, you will need to use the SafePal App as a bridge.


Install the SafePal Extension from the official Chrome Web Store. Open the extension and select "Connect Hardware Wallet" on the main interface. Choose your specific wallet brand from the list that appears.


If connecting a SafePal device, have your USB cable ready or ensure Bluetooth is enabled. Follow the on-screen prompts to physically confirm the connection on your hardware wallet's display. Never type your recovery phrase into the extension; the connection is established through a secure digital handshake.


For other brands like Ledger, the process differs. You must first link your hardware wallet to the SafePal Mobile App using the 'Hardware Wallet' section within the app. After successfully pairing there, return to the browser extension and select the 'Sync with SafePal App' option, which will import your watch-only addresses.


Once connected, the extension displays your wallet balance and transaction history. You can view assets and prepare transactions, but every transaction must be manually verified and signed on your physical hardware wallet device. This keeps your private keys completely offline.


Check the connection status in the extension's settings. If you encounter issues, ensure your device's firmware and the extension are updated to their latest versions, as this resolves most connectivity problems.



Managing Assets and Using the Built-In Swap Function

Organize your portfolio directly from the extension's main dashboard. You can manually hide tokens with minimal value to keep your view clean; this action doesn't remove the assets from your wallet. For a complete picture, use the 'History' tab to track all incoming and outgoing transactions across every supported network.


Swapping tokens is a core feature. Select the 'Swap' icon, then pick the networks and specific tokens you want to exchange. The interface shows you a real-time exchange rate and the estimated fee before you proceed. You can adjust the slippage tolerance in the settings if a transaction fails or seems slow–setting it slightly higher, like 3%, can help during periods of high network congestion.


The extension aggregates rates from multiple decentralized exchanges to find you a good deal. Confirm the rate, then follow the prompts to approve the transaction. Always verify the receiving address and network details on the final confirmation screen. Completed swaps appear in your transaction history, providing a clear record for your tracking.



Q&A:


I downloaded the Safepal extension but the setup screen is asking for a "Wallet Name". What is this for and can I change it later?

The Wallet Name is simply a label for your convenience, helping you identify this specific wallet if you ever create multiple ones within the extension. It is not your public address or a username. You can absolutely change it later without any risk to your funds or security. To do so, go into the extension's settings after setup, find the wallet details section, and edit the name field.



During setup, I have the option to create a wallet or import one. What's the difference and which should I choose?

Choose "Create Wallet" if you are new to Safepal and need a fresh cryptocurrency wallet. This will generate a new secret recovery phrase (12 words) for you. Select "Import Wallet" if you already have an existing wallet from Safepal or another service (like Trust Wallet or MetaMask) and want to access it through this browser extension. Importing requires you to enter your existing secret recovery phrase or private key.



How does the built-in swap feature work in the extension, and are the fees good?

The swap function lets you trade one cryptocurrency for another directly within your wallet. It aggregates rates from multiple decentralized exchanges to find you a price. You confirm the transaction and pay two main costs: the service provider's fee (often around 0.3% to 0.5%) and the blockchain network gas fee. Rates can vary, so it's wise to check the quoted amount against other platforms for large trades. The convenience is significant for smaller, quick swaps.



Is my secret recovery phrase stored anywhere by the Safepal extension or in my browser?

No. The Safepal extension is a non-custodial wallet. Your secret recovery phrase is never transmitted or stored online, on Safepal's servers, or in your browser's plain data. It is encrypted locally on your device after you enter it. The sole responsibility for safeguarding the 12-word phrase rests with you. Writing it down on paper and storing it physically is the recommended method.



Can I connect the browser extension to the Safepal hardware wallet, and what's the benefit?

Yes, you can connect a Safepal S1 or S1 Pro hardware wallet to the extension. The benefit is enhanced security. When connected, the private keys needed to sign transactions remain isolated inside the physical hardware device. The extension can initiate transactions, but final approval must be given by pressing the button on the hardware wallet itself. This means even if your computer is compromised, your assets cannot be stolen through the extension alone.