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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 Feature Guide for Secure Crypto Management

Install the Safepal Wallet extension directly from the official Chrome Web Store to ensure you get the legitimate software. This step protects your assets from phishing sites offering malicious copies. Once added to your browser, click the extension icon to launch the setup process.


You will choose between creating a new wallet or importing an existing one. For a new wallet, the extension generates a 12-word mnemonic seed phrase. Write this phrase down on paper and store it physically; never save it digitally. The software then asks you to confirm the phrase sequence, verifying your backup.


After setup, explore the clean interface. Your main dashboard displays portfolio value across supported blockchains. The Swap feature aggregates rates from multiple decentralized exchanges, letting you trade tokens with minimal slippage directly from your portfolio view. For added security, connect a Safepal hardware wallet; the extension seamlessly integrates with it, requiring device confirmation for every transaction.


Managing multiple networks is straightforward. The extension natively supports over 20 blockchains including Ethereum, BNB Chain, and Polygon. Add custom RPCs for less common networks if needed. Use the built-in DApp Browser tab to access decentralized applications securely; your connection and transactions are managed within the wallet's protected environment.



Installing the Extension and Creating Your First Wallet

Open the Chrome Web Store and search for "SafePal". Select the official SafePal Wallet Extension and click 'Add to Chrome'. Confirm the installation by clicking 'Add extension' in the pop-up dialog. A new icon will appear in your browser's toolbar.


Click the SafePal icon to launch the setup. You'll see two clear options: 'Create Wallet' and 'Import Wallet'. Choose 'Create Wallet' to generate a new, unique set of recovery phrases.


Next, you will see a critical security screen displaying your 12-word mnemonic phrase. Write each word down in the exact order on your physical recovery sheet. Do not save this phrase digitally–no screenshots, emails, or text files. This phrase is the only way to restore your assets if you lose access.


After recording, you'll verify the phrase by selecting the words in the correct sequence. This step confirms you have a proper backup. Once verified, set a strong password for your extension. This password encrypts your wallet data locally on your device and is required for transactions.


Your wallet is now active. The main interface shows your asset balance and recent transactions. Before depositing funds, explore the 'Settings' menu to configure security features like transaction previews and auto-lock timers. You can now receive crypto by sharing your wallet address from the 'Receive' button.



Connecting to dApps and Managing Your Assets

Open your SafePal extension and click the 'Discover' icon to access the integrated dApp browser. This built-in tool is designed for secure connections, automatically filtering your network to match the dApp's requirements.


When you select a dApp, a connection request pops up. Review the permissions carefully, then click 'Confirm' to link your wallet. You will see your public address displayed on the dApp's interface, confirming a successful link without ever exposing your private keys.


For asset management, the extension's main dashboard gives you a clear view of all holdings across supported networks. To add a token not automatically shown, find the 'Add Token' button, paste the contract address, and import it. Always double-check contract addresses from official project sources to avoid scams.


Swapping tokens is straightforward. Use the 'Swap' function directly within the extension to exchange assets. You'll see the estimated rate and network fee before confirming. For lower fees, consider completing swaps during periods of low network congestion.


Regularly review your transaction history by clicking on an asset and selecting 'Records'. This log helps you track all approvals, swaps, and transfers. If you no longer use a dApp, revoke its spending permissions through a security audit tool available in the 'Discover' section to protect your funds.



Using Built-in Swap and Bridge for Token Exchange

Open your SafePal extension and click the "Swap" tab to instantly exchange tokens across 30+ blockchains like BNB Chain, Ethereum, and Polygon. You'll see your available balances and a live quote.


Follow these steps for a smooth swap:





Select the token you're sending from and the one you want to receive.


Review the detailed quote showing the exchange rate, estimated fee, and minimum received.


Click "Swap" and confirm the transaction in the pop-up window. The assets arrive in your wallet within minutes.



For moving assets between different networks, use the "Bridge" function. It converts your token to its equivalent on another chain. For example, you can bridge USDT from Ethereum to Arbitrum.





Bridge times vary: expect 2-5 minutes for EVM chains, but up to 30 minutes for transfers involving Bitcoin or non-EVM networks.


Always verify the destination network in your receiving wallet is correct before proceeding.



To get the best rate, compare quotes from the integrated DEX aggregator. It checks multiple decentralized exchanges in one search. Slippage settings are adjustable; use 1% for stablecoins and 3% for volatile assets to help your transaction succeed.


Network fees are paid in the native currency of the blockchain you're using. Keep a small amount of BNB for BNB Chain swaps or ETH for Ethereum actions to cover these costs.


Every transaction requires a confirmation in the extension's pop-up. Double-check the recipient address, amount, and network details here–this step is final and on-chain.



Q&A:


I downloaded the Safepal extension but the setup screen is asking for a "Secret Recovery Phrase" or to "Create a new wallet". I already have a Safepal hardware wallet. Which option should I choose?

If you own a Safepal hardware wallet (like an S1 or S1 Pro), you must select the option to **connect your hardware wallet**. Do not enter your hardware wallet's Secret Recovery Phrase into the software extension. The "Secret Recovery Phrase" option in the setup is for importing a software-only wallet, and entering your hardware wallet's phrase here would compromise its security by creating a software copy. Look for a "Connect Hardware Wallet" or similar button, usually found on the initial setup screen. You will then need to physically connect your device via USB and confirm the connection on the hardware wallet's screen itself. This method keeps your private keys securely offline.



Can I use the Safepal browser extension without buying their physical hardware device?

Yes, you can. The Safepal extension functions as a standalone software wallet. During setup, if you choose "Create a new wallet," it will generate a new Secret Recovery Phrase for you. This creates a "software wallet" that lives entirely within the extension on your browser. It's free to use this way for managing, swapping, and storing crypto. The hardware wallet is an optional, separate product that provides higher security for your keys. Many users start with the software extension and later connect a hardware device to upgrade their security without needing to transfer funds.



What can I actually do with the extension once it's set up? Is it just for holding assets?

The extension is a full-featured wallet interface. Beyond holding assets, you can directly swap tokens across multiple blockchains using built-in DEX aggregators, which find good exchange rates. You can connect to and interact with any decentralized application (dApp) in your browser, like those for lending, gaming, or NFTs. It also lets you buy crypto with a card, view your portfolio balance across different networks, and manage token visibility. For users with a connected hardware wallet, all these transactions require physical confirmation on the device, keeping your assets safe even when interacting with dApps.



I'm worried about browser extensions getting hacked. How does Safepal protect my software wallet?

Safepal employs several security layers for its software wallet. First, your private keys are encrypted and stored locally on your computer, not on a central server. All operations require your password. It also includes a transaction preview feature, showing exactly what you're signing before you approve. A major protection is the "Mock Phrase" feature during setup, which helps detect keylogging malware by asking for fake words from your seed phrase. For maximum security, the extension is designed to work seamlessly with their hardware wallet, moving the private key signing process entirely offline. Regularly updating the extension and keeping your computer clean are also necessary user practices.