SafePal X1

Overview

The SafePal X1 is SafePal's Bluetooth-connected hardware wallet, and notably it has moved to an open-source firmware model — a meaningful shift for a brand whose earlier devices were closed. It's a cheap, convenient wallet for people who want to manage a multi-coin portfolio from their phone wirelessly, and the move to open-source makes it more appealing to buyers who care about verifiability at a budget price.

It connects over Bluetooth (with USB-C also available) and pairs with the SafePal app, giving you portfolio management, swaps, and broad multi-coin support in a pocketable device. Keys are held on-device behind a PIN and protected by a secure element, with on-device transaction confirmation. For an inexpensive, mobile-first self-custody experience from a well-known brand, the X1 covers the basics.

The honest trade-off is the connectivity model. Bluetooth is convenient but adds attack surface compared with an air-gapped or wired-only device — your keys never leave the secure element, but a wireless wallet has a larger surface than a QR-only one like SafePal's own S1 line. If you want the smallest surface, an air-gapped device is the better choice; if you want mobile convenience with open-source firmware on a budget, the X1 delivers that specific combination. As always with newer budget open-source firmware, its track record is shorter than the long-established names.