CryptoGuardzIndependent crypto register
Read the binding document, check it against the issuing register, publish the disagreement18+ · Gambling carries risk of loss

Choose a language

The register is published in these languages. If this page has no version in one of them, you go to that language’s home page.

Photo: Jason Dent / UnsplashRegister entry · safepal.com

Is SafePal safe? What its own terms say

Hacked, support scams, fees: is SafePal safe? The incident and support page.

In short, from the documents

Is SafePal safe to use for casino deposits?

SafePal's terms disclaim custody and access to your keys, so by their account only you can sign a deposit. Its terms name no gambling rule (safepal.com, read 2026-10-07), which is an absence, not a permission. Contracting party: SkyGenesis Holdings Limited, place of incorporation not stated. 6 points are not verified. 1 primary-source incident is recorded. Liability: excluded for all loss.

Documents last checked Reviewed by CryptoGuardz Register Desk, editorial desk

SafePal: keys held on a device you hold. Self-custodial, by the terms.Who holds the keysYouDeviceSharedProviderMarked: DeviceSelf-custodial, by the terms.SafePal: who can block an address: none disclosed in the documents read.Who can block an addressNobodyProviderThird partyMarked: NobodyNone disclosed in the documents read.SafePal: gambling clause: not disclosed, read 2026-10-07. The terms name no gambling rule, which is an absence, not a permission.Gambling clauseBannedSilentAllowedMarked: Silent, not disclosedThe terms name no gambling rule, which is anabsence, not a permission. Read 2026-10-07.SafePal: 1 primary-source incident recorded.Incidents on record1incidentOnly incidents a primary source records.
SafePal: keys held on a device you hold; who can block an address: none disclosed in the documents read; gambling clause: not disclosed; 1 primary-source incident recorded. From its own terms, documents last checked . Not a rating. Drawn by the CryptoGuardz Register Desk from the record.

Disclosure: CryptoGuardz has no commercial relationship with SafePal, earns nothing if you install it, and has not contacted the company or given it notice of this entry. Every statement below is either a verbatim quote from a document SafePal publishes or a statement about a public record, and both carry the date they were read. Corrections go to the corrections page.

5 clauses quoted verbatim · 4 sub-service clauses · 6 recorded gaps · 1 primary-source incident · no numeric score

1. What this means for you

Consequences first, in the conditional, each one produced by a clause in a document SafePal publishes itself. Every line links to that clause, quoted in full and dated. None of them is a claim that SafePal can move your coins on chain: the terms disclaim that power and this register takes them at their word on it.

What can happen to you, and what in the document allows it

3 conditions, each one read out of a document SafePal publishes itself, out of the register of the authority that licensed it, or out of the limits of what this register has measured. Each link lands on the evidence.

2. What this entry records, and what it does not

This register publishes no number for a wallet. The payout score on the casino register has five defined components and a published arithmetic; no equivalent instrument exists here. What follows is a field-by-field account of what was read, where and when.

Binding termsRead in full5 clauses captured verbatim across 5 topics, retrieved 2026-10-07
Contracting entitySkyGenesis Holdings LimitedNo jurisdiction of incorporation stated in the binding document
Custody position in the termsDisclaims custody and disclaims access to key materialAsserted from section 9.2 of the terms, which states SafePal will not store a backup of, nor be able to discover or recover, private keys or mnemonic words.
Sub-services4 clauses recordedSwap · Fiat on-ramp · Staking. A count of recorded clauses, not of distinct companies.
Code auditNot measuredNo security audit, source review or reproducible-build check has been carried out or read by this register. A wallet's safety is largely decided there, and nothing on this page speaks to it.
First-party testNot measuredNo transaction has been signed, no swap executed and no recovery flow run through this product by this register.
Default node providerNot disclosedNo RPC or node provider is named in any primary document retrieved.

3. What we could not verify

Every entry carries this section. The gaps are published because a reader deserves the limits of the check as well as its results.

  • SkyGenesis Holdings Limited's place of incorporation, registered address and company number. The terms and privacy policy give none, and no company register was checked.
  • Governing law and dispute forum. None was found in the terms.
  • Named swap, on-ramp and staking providers other than Fiat24.
  • Whether SafePal itself can block an address or transaction. No clause was found either way.
  • TON and Base support. Not confirmed on a current SafePal page.
  • Cloud backup in the software app, if any. Not checked.

4. Who you are contracting with

The binding document names a company. It does not name a jurisdiction of incorporation, which is a different and smaller gap: a reader can find the counterparty but not the register it sits in.

Named counterpartySkyGenesis Holdings Limitedsource · retrieved 2026-10-07
JurisdictionNot stated. The terms name SkyGenesis Holdings Limited and give no registered address, company number, place of incorporation, governing law or forum.
Relationships disclosedThe terms name Fiat24, described as a Swiss-regulated financial institution operated by SR Saphirstein AG, as the provider of banking and card services. The privacy policy names Prighter Group as EU privacy representative. No other counterparty is named.
How the binding document identifies the counterpartyRetrieved 2026-10-07
SkyGenesis Holdings Limited (hereinafter referred to as, 'SafePal', 'the Company', 'ourselves', 'we' or 'us')
safepal.com

5. The custody claim, and what the binding document says

What SafePal says in the place a user reads, against what it says in the place that binds a user.

SafePal: the claim and the clause
What it says where you read it
Your private keys never leave your non-custodial wallet so no one else has access to them, ever.
safepal.com · 2026-10-07
What the binding document says
SafePal WILL NOT STORE A BACKUP OF, NOR WILL BE ABLE TO DISCOVER OR RECOVER, YOUR PRIVATE KEY OR MNEMONIC WORDS.
safepal.com · 2026-10-07
A second marketing statement on the same pointRetrieved 2026-10-07
Your keys are safe on the device, because there is no bluetooth, no WiFi, and no NFC.
safepal.com
A second clause on the same pointRetrieved 2026-10-07
SafePal does not have any responsibility to assist the User to store or recover his/her Private Keys, passwords, pattern lock or Mnemonic Words
safepal.com

SafePal sells hardware wallets (S1, X1) and a software wallet app. For the hardware wallets the device holds the keys; for the software app the keys are on the user's phone. The binding document is the SafePal Terms of Service, which covers the app and website and does not describe the hardware wallets or use the word non-custodial; it disclaims backup, discovery and recovery of keys.

Provider holds key material: no. Asserted from section 9.2 of the terms, which states SafePal will not store a backup of, nor be able to discover or recover, private keys or mnemonic words.

6. Recovery, and where the terms and the marketing differ

Cloud or hosted backup offeredno
What is storedNothing by SafePal, by the terms. The user keeps the mnemonic words.
WhereOn the hardware device or the phone, and in the user's own record of the mnemonic words.
Changes the custody positionno
Recovery, in the provider's own wordsRetrieved 2026-10-07
SafePal WILL NOT STORE A BACKUP OF, NOR WILL BE ABLE TO DISCOVER OR RECOVER, YOUR PRIVATE KEY OR MNEMONIC WORDS.
safepal.com

No difference found between the terms and the marketing on key storage. Whether the software app offers any cloud backup was not checked against the help centre.

7. The app is not the wallet

4 clauses, each one a place where the product routes a user to a counterparty the user never contracts with by name, under terms the user never opens. The count is of recorded clauses and not of distinct companies: two entries can name the same counterparty and each still be a separate thing the terms permit.

Swap · 1 of 4Retrieved 2026-10-07
Third Party Service Providers: centralised and decentralised exchanges and exchange aggregators. None is named in the terms.
Centralized Digital Asset exchange, Decentralized Digital Asset exchange and/or any decentralized Digital Asset swap, Fiat currency and Digital Asset on-ramp and off-ramp service provider, NFT marketplace, NFT marketplace's aggregators, Centralized and Decentralized Digital Asset exchange aggregators, Decentralized staking and/or earning facilities
safepal.com
Fiat on-ramp · 2 of 4Retrieved 2026-10-07
Fiat on-ramp and off-ramp Third Party Service Providers, not named, who hold the user's KYC data
the User may be required to provide Personal Information for Third Party Service Provider's account opening and KYC process. All such Personal Information and KYC information are retained and stored in the relevant Third Party Service Provider.
safepal.com
Fiat on-ramp · 3 of 4Retrieved 2026-10-07
Fiat24, operated by SR Saphirstein AG, for bank accounts and cards
SafePal is not a bank and does not hold, manage, or control any funds or accounts opened through Fiat24.
safepal.com
Staking · 4 of 4Retrieved 2026-10-07
Decentralised staking and earning facilities, not named
Decentralized staking and/or earning facilities
safepal.com

8. Withdrawing your access to the interface

Your keys are yours. The software you reach them through is licensed, and the licence can be withdrawn. 1 clauses are recorded on this point.

Interface termination · clause 1Retrieved 2026-10-07
SafePal may terminate the Website, the Agreement, the Service and all rights granted hereunder immediately and without notice.
safepal.com

9. Who can block an address

SafePal claims no power to block an address in the documents read. No clause in the documents read discloses that another party in the stack can freeze or blacklist an address either. That is an absence of disclosure, not a guarantee that no such party exists.

10. What the terms say about gambling

Position recorded: not disclosed. No clause naming gambling, betting, casinos or wagering was found in the documents read. That is an absence in the documents, not a permission, and the general prohibition on unlawful use still applies.

No clause naming gambling, betting, casinos or wagering was found in the SafePal Terms of Service, last updated 5 September 2024. Searched safepal.com, retrieved 2026-10-07.

The card side of the same question is on the card register, and the casino side on KYC on withdrawal.

11. Chains it names

Of the eight chains this register filters on, SafePal names 6: Bitcoin, Ethereum, BNB Chain, Tron, Polygon, Solana. Not named on the pages read: TON, Base. Networks named on the SafePal Extension page. TON is not listed: the only TON source found is a SafePal blog post of 17 November 2022 announcing future compatibility in Q4 2022, which is a forward-looking statement and was not counted. Base was not confirmed. Per-device support for the S1 and X1 hardware wallets was not checked.

Chains · evidence 1Retrieved 2026-10-07
Bitcoin, Ethereum, BNB Chain, Tron, Polygon, Solana, Avalanche, Cardano, Optimism, Near, Arbitrum, Fantom
safepal.com

12. Liability, amendment, arbitration and where you can use it

The liability clause excludes liability for all loss rather than capping it at a figure. It is the clause that decides what the rest of the document is worth.

Liability · clause 1Retrieved 2026-10-07
In no event shall SafePal be liable for any direct, indirect, punitive, incidental, special, or consequential damages arising out of, or in any way connected with, the use of this Website or the Service.
safepal.com

An exclusion of all damages, not a capped figure.

Unilateral amendment · clause 1Retrieved 2026-10-07
SafePal reserves the right, at its sole discretion, to change, add or remove portions of these Agreement, at any time
safepal.com
Where you may not use it · clause 1Retrieved 2026-10-07
SafePal may from time to time impose restrictions on Excluded Person to use part of or all of the Service
safepal.com

Excluded Person is defined as a User who is prohibited, restricted, unauthorized or ineligible to access the Website or use the Service under any laws, regulatory requirements or rules in the User's jurisdiction. No country is named.

What the provider states it processes, and who it passes it to. Recorded because a wallet that never touches a key can still see every address you hold.

Data sharing · clause 1Retrieved 2026-10-07
Listed among data collected in the privacy policy last updated 16 August 2026, alongside device information and IP address. This is more than most wallets in the register record collecting.
digital asset wallet address, counterparty wallet address, your transaction history, trading data
safepal.com

Listed among data collected in the privacy policy last updated 16 August 2026, alongside device information and IP address. This is more than most wallets in the register record collecting.

13. Public record

Matters of public record, taken from primary sources and stated with them. Both of the records below were disclosed by the provider itself or entered in a public vulnerability register, rather than found in the press.

Incident · 2026-08-16safepal.com

SafePal disclosed that an authorisation flaw in the order-tracking function of a plug-in exposed customer order information to unauthorised access between 2 March 2025 and 11 April 2026. About 39,798 customers were affected; names, email addresses, shipping addresses, phone numbers and purchase details were exposed. SafePal states seed phrases, private keys and wallet credentials were not involved.

This incident did not involve your seed phrase, private keys, wallet password, or other wallet credentials.

Date is the publication date of SafePal's post. Hardware wallet buyers' names and home addresses were among the data exposed.

14. Who should avoid SafePal

Anyone who needs a named party to be answerable for a loss. The liability position is excludes liability for all loss, and the terms disclaim responsibility for every third-party service the app routes you into.

Arculus getarculus.com2 sub-service clauses recorded. Names Bitcoin, Ethereum, Solana, TON, Tron, BNB Chain, Base, Polygon.Atomic Wallet atomicwallet.io3 sub-service clauses recorded. Names Bitcoin, Ethereum, Solana, BNB Chain, Tron.Backpack backpack.app2 sub-service clauses recorded. Names Solana, Ethereum, Base, BNB Chain, Polygon.Bitget Wallet web3.bitget.com2 sub-service clauses recorded. Names Bitcoin, Ethereum, BNB Chain, Polygon, Tron, Solana.Blockstream Jade (Blockstream app) blockstream.com2 sub-service clauses recorded. Names Bitcoin.Coinbase Wallet wallet.coinbase.com2 sub-service clauses recorded. Names Bitcoin, Ethereum, Solana, Base.COLDCARD coldcard.com0 sub-service clauses recorded. Names Bitcoin.D'CENT dcentwallet.com3 sub-service clauses recorded. Names Bitcoin, Ethereum, Solana, Tron.Exodus exodus.com4 sub-service clauses recorded. Names Bitcoin, Ethereum, BNB Chain, Solana.Keplr keplr.app3 sub-service clauses recorded. Names Ethereum, Bitcoin.Keystone keyst.one2 sub-service clauses recorded. Names Bitcoin, Ethereum, Solana, Polygon, Base, Tron.Ledger Wallet (Ledger Live) ledger.com3 sub-service clauses recorded. Names Bitcoin, Ethereum, BNB Chain, Solana, Tron.OKX Wallet web3.okx.com1 sub-service clauses recorded. Names Bitcoin, Ethereum, Solana, BNB Chain, Polygon, Tron, TON.Rabby Wallet rabby.io2 sub-service clauses recorded. Names Ethereum, BNB Chain, Base, Polygon.Robinhood Wallet robinhood.com4 sub-service clauses recorded. Names Ethereum, Bitcoin, Solana, BNB Chain, Base, Polygon.Solflare solflare.com2 sub-service clauses recorded. Names Solana.Sparrow Wallet sparrowwallet.com1 sub-service clauses recorded. Names Bitcoin.Tangem tangem.com5 sub-service clauses recorded. Names Bitcoin, Ethereum, Solana, TON, Tron, BNB Chain, Base, Polygon.Tonkeeper tonkeeper.com3 sub-service clauses recorded. Names TON, Tron, Ethereum, Bitcoin, Base, BNB Chain.Trezor (Trezor Suite) trezor.io3 sub-service clauses recorded. Names Bitcoin, Ethereum, Solana, Tron.Uniswap Wallet wallet.uniswap.org5 sub-service clauses recorded. Names Ethereum, Base, BNB Chain, Polygon, Solana.Wallet in Telegram wallet.tg2 sub-service clauses recorded. Names TON, Tron, Ethereum, Solana.Wasabi Wallet wasabiwallet.io2 sub-service clauses recorded. Names Bitcoin.Xverse xverse.app4 sub-service clauses recorded. Names Bitcoin.Zengo zengo.com1 sub-service clauses recorded. Names Bitcoin, Ethereum, BNB Chain, Solana, Tron, TON, Base, Polygon.Zerion zerion.io4 sub-service clauses recorded. Names Ethereum, Solana, Tron, BNB Chain, Base, Polygon.Trust Wallet trustwallet.com9 sub-service clauses recorded. Names Bitcoin, Ethereum, Solana, BNB Chain, Tron, TON.Phantom phantom.com7 sub-service clauses recorded. Names Solana, Ethereum, Bitcoin, Base, Polygon.MetaMask metamask.io8 sub-service clauses recorded. Names Ethereum, Bitcoin, Base, Solana, Tron, Polygon, BNB Chain.

Or read the whole wallet register, the card register, the same method applied to exchanges and to crypto casinos, the clause library at clause watch, or how this register works.

15. Sources

Compiled by the CryptoGuardz register team. First published 2026-10-07, last reviewed 2026-10-07. Every quotation on this page is verbatim from the document named beside it. Research and drafting are AI-assisted and reviewed by a named editor before publication. Corrections: corrections.