Step-by-step guide to set up S1 hardware SafePal wallet
If you have the slightest of ideas about the wallet services offered by PayPal, then you'll agree with me on one point- SafePal offers the widest range of crypto wallet types. Most of the wallet service-providing companies only provide you with either a hardware wallet or software. But this is not the case with SafePal. A SafePal wallet is not only available as a hot crypto wallet but it has a cold wallet service as well. By cold wallet, we are hinting towards a hardware wallet. On the other hand, the software wallet is available in the form of a SafePal wallet extension.
The most famous model of hardware wallet from PayPal's collection is the S1 model. And, today, through this post, I am going to shed some light on how you can set up this wallet from scratch and start using it without any further delay. In addition to that, we will also learn a few safety tips that you'll need to follow before you get started with it.
A few mandatory tips before you get started
Once you are done with purchasing the SafePal hardware wallet, you need to perform a few checks to verify its authenticity:
- Make sure that the package is not tempered with
- Ensure that the anti-counterfeit sticker is properly stuck on it
- Make sure that the language is visible on the screen
- Check all the items are available in the box including the SafePal wallet device, cleaning cloth, 2 x stickers, 3 x mnemonic phrase cards, a user manual, Download App card, and a USB cable
Authenticate your device before the setup
Unlike software wallets where you just need to download the SafePal wallet extension, with the S1 wallet model, you first need to go through the device authentication process:
- Start the wallet device and choose your language
- Tap "Next" on the "Device Authentication" screen
- Now, you'll see a QR code on your device which needs to be scanned through a browser
- When you reach the authentication screen, click "OK" on your S1 device
- Now, enter the 6-digit verification code on your browser and select "Authenticate"
- Click "Next" to complete the authentication process
Here is how to set up your wallet
Now begins the process of setting up your S1 hardware wallet for which you can follow these steps:
- Start by selecting the "Create New Wallet" option
- Now, create your mnemonic phrase by selecting the relevant option
- Write down the mnemonic phrase in the correct order and then verify it by selecting the "Next" option
- Further, you have to set a strong PIN between 6-12 digits
- Assign a special name to your wallet by choosing the "Name my wallet" option
Cheers!!! Your wallet has been successfully set up and now you can make sure that you are able to use it and store your preferred crypto over it.
Conclusion:
If you are wondering why the process to set up this wallet is pretty lengthy, then let me tell you that it actually is complicated for your funds' safety. After all, it is a one-time setup process and I am sure you'll be able to do it by following the given instructions.
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