Reviews of all cryptocurrency platforms are very important as these platforms are key to the success of all traders. With this, I dive into the review of this great trading platform with traders and investors in my best interests.
Safepal is a wallet that supports a plethora of financial assets mainly cryptocurrencies. It can be downloaded from Playstore and App store for free. Simply saying it is a wallet though is doing it injustice because it offers other services as well that you do not expect to find on an exclusive wallet.
It does not have any KYC but offers services that are mainly offered by wallets and exchanges that consider KYC to be mandatory such as Binance and Kraken. Because of this great functionality, it is loved by traders and investors, but big institutions are a bit skeptical about it even though they should not be.
I have not heard of anyone who lost their money in Safepal because of reasons other than them being careless with their recovery phrase so I consider it to be a secure wallet.
I had to include this part of the review because of how unique Safepal is as compared to the conventional apps in the cryptocurrency space. It is hard to classify Safepal under any specialisation category in the crypto space because of how it is. It can be put under a secure wallet, exchange, trading platform, and many other categories. In the trading aspect, you can even go on to choose whether you want to trade futures markets or spot trade.
Safepal is a 5 star out of 5 crypto platform because of how it is great in almost all the different aspects of crypto. If ever I am to pick only one application and one application alone, I would definitely pick Safepal because I can do literally everything whilst using Safepal.