SafePal
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SafePal is a very popular crypto wallet product. It offers its users three options, including hot and cold wallet products, to combine security and convenience.
While most swear by an actual physical wallet due to its security advantages, SafePal also comes in the form of a mobile app and a browser extension, offering plenty of variety for crypto enthusiasts and crypto bettors alike.
With SafePal, you can buy, sell, swap, send, and receive thousands of supported cryptocurrencies and NFTs. This makes it a perfect choice for online bettors who want a safe crypto wallet to make deposits and withdrawals on their favourite crypto betting sites.
How to Set-Up a SafePal Wallet
Setting up a SafePal cryptocurrency wallet is a very straightforward process which should not take you longer than a few minutes to complete, especially if you decide on a SafePal software wallet.
- Visit SafePal official website
- Download the SafePal App
- Set up the security password
- Optionally set up a fingerprint and pattern
- Create SafePal software wallet
- Back up the mnemonic phrase by writing it down on a piece of paper
- Complete the wallet setup
With the wallet ready, click on three dots to navigate the coin management interface and click on “Manage coins”. Search your favourite tokens/coins which you can add to the asset list.
With that set-up, you can store thousands of supported cryptocurrencies, which can then be transferred to online crypto-betting and gambling sites.
Using a SafePal for Crypto Betting
SafePal allows for fast and secure crypto transactions into and from the wallet with no limitations.
As long as you have crypto stored in your SafePal wallet, you can easily make a deposit on any crypto bookmakers by copying the address and requesting a withdrawal from SafePal.
- Open SafePal app
- Choose the coin/token you want to send
- Enter the transfer details – the address of the crypto bookmaker you want to make a deposit on
- Input the desired amount of crypto/token you want to transfer
- Double-check the transfer details
- Click “Send”
- Enter the security password or use the fingerprint
- Complete the transfer and check the status
It is important to note that once a transfer is confirmed on the blockchain, no one can revert the transfer, so it is important to double-check the transfer details.
Buy & Sell Crypto at SafePal
To provide its users with a convenient and fast way to convert crypto to fiat, SafePal integrated a crypto-to-fiat service provider, Moonpay, available straight from the app.
The same provider also allows SafePal users to convert fiat to crypto, creating a complete service that goes beyond just storing and transferring cryptocurrencies.
To buy and sell crypto with SafePal, follow these steps.
- Navigate to the Buy/Sell tab in SafePal DApp Store
- Click on Buy/Sell Crypto
- Pick between the Buy or Sell tabs
- Chose a cryptocurrency from the menu and enter the amount you want to sell into fiat currency
- At the bottom of the page, you can find conversion rates
- If you’re happy with the rates, click “Confirm”
Once the transaction is confirmed, you will be redirected to the MoonPay official website where you enter your email address. If you have already registered on MoonPay, you can skip the identity authentication process; if not, this will take you a couple of minutes to complete.
On MoonPay you will be asked to provide IBAN belonging to your bank account and finalise the transfer.
To buy crypto, there are fewer steps; however, you will be asked to pick between the available service providers, which can be changed by tapping the icon at the bottom of the screen. SafePal app will indicate the best option with the best rates from the available providers.
FAQ
Can you use SafePal for betting?
SafePal is an excellent cryptocurrency wallet for online betting and gambling. It can be used as a mobile app, browser extension, or as a hard wallet.
As SafePal has no restrictions on where you can and can not send cryptocurrency, and because it supports thousands of tokens, it is a solid choice for online crypto gamblers.
Can you buy and sell crypto at SafePal?
Yes, SafePal provides its users with a convenient and fast way to convert crypto to fiat and vice versa. To ensure that, SafePal has integrated Moonpay, Bfinity and other providers, allowing users to buy and sell thousands of crypto/tokens.
Is SafePal safe?
SafePal is one of the safest cryptocurrency wallets available, which is one of the main reasons why it is so popular. All three of its wallets – physical, extension, and software – are non-custodial and don’t hold your key, hence belong solely to you.
