Edited By
Lucas Martinez
A growing number of people are questioning the setup process of the new Safepal S1 hard wallet. Users report anomalies during installation, raising alarms over security. The setup appears incomplete, stirring fears about potential risks associated with preloaded seed phrases.
In a recent account, a user detailed their experience setting up the Safepal S1 hard wallet for a friend. Surprisingly, the wallet did not prompt for a key phrase, instead only requiring a password and a PIN. Automatic pairing with the Safepal app was still possible, but the lack of a key phrase is concerning.
"I told him not to put any crypto on the hard wallet until I researched more," the user noted, highlighting ongoing doubts regarding the process.
The account states that the initial setup lacked essential materials, such as forms to write a key phrase. This echoed frustrations reported by other users about incomplete packaging and security measures.
Reactions on various forums reflect a clear skepticism. Three prominent critics expressed the following thoughts:
"This is not right at all. I would not trust the device."
"Return it and report the seller."
"It must have been preloaded with a seed phrase."
These statements illustrate a mix of distrust and caution among the community, prompting some to suggest returning the device before making any transactions.
π« Many users advise against trusting the Safepal S1 due to the setup anomalies.
π Concerns are mounting over potential preloaded seed phrases.
β "I told my friend to return it and buy directly from the manufacturer," emphasized another user.
Overall, the sentiment surrounding the Safepal S1 hard wallet leans negative, with calls to verify the authenticity of the device before relying on it for cryptocurrency storage. This situation has developed into an ongoing concern, pushing users to advocate for more diligence when purchasing hardware wallets.