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Safepal wallet extension privacy policy details and guide



Understanding Safepal Wallet Extension Privacy Policy Your Data Protection Guide

Directly review the official Safepal Privacy Policy yourself before connecting any assets. You can find the complete document within the extension settings under "Privacy Policy" or on Safepal's official website. This step gives you the clearest view of their data handling commitments.


Your privacy centers on control. The extension needs specific permissions to function, like viewing your public wallet addresses to display balances or reading website addresses to suggest connections. It does not access your private keys or seed phrase; these remain encrypted and stored locally on your device. You manage what information you share when interacting with decentralized applications.


Understand what data is collected for operation. This typically includes non-identifiable information like device identifiers, general location data by country, and on-chain transaction details–which are public on the blockchain anyway. SafePal browser extension states this helps them provide services, improve software security, and prevent fraud. They clarify that personal information like government IDs is only processed if you use their centralized exchange services, not the core wallet extension.


You can strengthen your setup. Use the extension's built-in features, such as transaction simulation to preview outcomes before signing and the blocklist to avoid malicious sites. Regularly update the extension to ensure you have the latest security patches and privacy enhancements. Combining the extension with the Safepal hardware wallet creates a powerful barrier, keeping your private keys completely offline while using the extension's convenient interface.

What Personal Data the Safepal Extension Collects and Why

You control your data. The Safepal extension is designed to collect minimal information, focusing primarily on operational needs to keep your wallet functional and secure.


The extension gathers specific technical data to operate correctly on your browser. This includes:


Your Public Wallet Addresses: These are collected to display your portfolio balance, facilitate transactions, and interact with blockchain networks. Your public address is visible on the blockchain itself.
Network and Transaction Details: When you initiate a transaction, the extension processes data like the recipient address, amount, and network fee to broadcast it to the blockchain. This data is necessary for the transaction to succeed.
Anonymous Usage Metrics: General, non-identifiable data about app performance and feature usage helps developers identify and fix bugs, improving stability for everyone.


For enhanced security features, you may choose to provide additional information. This data stays on your device unless you use specific cloud services.


Biometric Data or Device Passwords: If you enable biometric login (like a fingerprint), this data is processed locally by your device's secure system, not sent to Safepal's servers.
Encrypted Backup Files: If you use Safepal's cloud backup, only your encrypted keystore file–not your private keys or recovery phrase–is stored. You alone hold the password to decrypt it.


Your private keys and recovery phrase are the most sensitive elements. The extension never transmits these. They are encrypted and stored locally on your device. The extension needs access to them only to sign transactions offline before broadcasting.


To maintain this privacy model, follow these steps:


Never share your recovery phrase or private keys with anyone.
Review transaction details carefully on the extension's interface before confirming.
Regularly update the extension to benefit from the latest security enhancements.
If you use cloud backup, ensure you use a strong, unique password for encryption.


This approach allows the extension to provide core wallet functionality while you retain ownership of your identity and assets.

How Your Wallet Addresses and Transaction Information Are Handled

Your wallet addresses and transaction data primarily stay on your device. The SafePal extension creates and manages your addresses locally within your browser; they are not automatically sent to our servers.


When you check your balance or send a transaction, the extension requests information from public blockchain networks. This query often goes through SafePal's infrastructure nodes to fetch data like your latest balance or transaction confirmation. During this process, your public wallet address is visible to the node, as it is necessary to locate your information on the blockchain.


We treat this data with strict confidentiality. Logs containing wallet addresses are kept for a short period, typically for performance monitoring and troubleshooting, and are not used to profile your activity.


For enhanced privacy, you can adjust your RPC settings. Consider using a custom, private RPC endpoint if you prefer not to route your blockchain queries through any third-party service, including SafePal's nodes.


Remember, information you broadcast to the blockchain is permanent and public. Once you sign and send a transaction, its details (sender, receiver, amount) are recorded on the public ledger for anyone to see. The extension cannot alter this fundamental characteristic of blockchain technology.


We recommend using a new address for each transaction where privacy is a priority. This common practice makes it more challenging for outside observers to link all your activities together simply by analyzing the public chain.

Third-Party Service Providers and Data Sharing

You should know that SafePal interacts with specific, trusted third parties to make the wallet function. The extension itself does not collect your private keys or seed phrases.


For blockchain interactions, the extension connects to decentralized node providers. This means your public wallet address and transaction details are visible to those services, which is inherent to how blockchains operate.


If you use the integrated swap feature, you initiate transactions through third-party DEX aggregators like 1inch or PancakeSwap. These platforms have their own privacy policies governing the transaction data they receive.


Analytics services may collect anonymized usage data about extension features to help SafePal improve. This data is typically aggregated and not tied directly to your identity.


You can limit data exposure by adjusting permissions in your browser settings and reviewing connected dApp permissions within the SafePal wallet interface regularly.


Always verify you are on the official SafePal website before installing the extension to avoid malicious software that could share your data with unauthorized parties.

Managing Your Information: Local Storage vs. Cloud Backup

Choose local storage for direct control and cloud backup for recovery convenience. Your SafePal wallet extension primarily uses your device's local storage. This means your private keys and seed phrase are encrypted and stored directly in your browser, not on our servers. You maintain sole access, which maximizes security but places recovery responsibility entirely on you.


If you clear your browser cache or switch devices, this local data will be lost. That's where SafePal's optional Cloud Backup feature becomes relevant. This tool encrypts your encrypted data again with a unique password before syncing it to secure servers. The system is designed so that we cannot access your backup; only you hold the decryption key.


Weigh the trade-offs clearly. Local storage offers maximum privacy with a single point of failure: your device. Cloud Backup removes that failure risk but introduces a dependency on your memory of a strong, unique backup password. For optimal security, use both methods in tandem. Keep your wallet locally for daily use and maintain a current cloud backup as a failsafe, stored with a password you have not used elsewhere.


Regularly test your recovery process. Ensure you can restore your wallet using your written seed phrase (for local) and your backup password (for cloud). Update your cloud backup after creating new wallet addresses or making significant changes. This practice ensures your recovery point is current.

Steps to Enhance Your Privacy While Using the Extension

Review and adjust the extension's permission settings in your browser. Limit access to sites like "On all sites" and switch to "When you click the extension" or specific trusted websites only.


Create a unique, strong password for your SafePal wallet that you do not use anywhere else. Combine random words, numbers, and symbols to make it resilient.


Activate the wallet's transaction signing request feature. This ensures every outgoing transaction requires your manual confirmation, blocking any unauthorized attempts.


Regularly clear your browser's cache and cookies, especially after public computer use. This removes temporary data that could be analyzed.


Keep the SafePal extension updated. Developers release patches for security vulnerabilities; enabling automatic updates ensures you receive them quickly.


Use a dedicated browser profile or a separate browser for your cryptocurrency activities. This isolates your wallet from daily browsing, reducing tracking risks.


Verify you are on the official SafePal download page before installing any update. Phishing sites mimic real ones to steal recovery phrases.


Disable browser features that automatically fill in forms for the sites you use with your wallet. This prevents accidental data leakage.


Consider using a hardware wallet for significant fund storage and connect it to the extension only when needed. This keeps your private keys offline.


Check the extension's connected sites list periodically and revoke access for any applications you no longer use or recognize.

FAQ:
What personal information does the Safepal Wallet extension collect, and is it stored on their servers?

The Safepal Wallet extension is designed as a non-custodial wallet, meaning you control your private keys. According to its privacy policy, the extension primarily collects information necessary for basic functionality and security. This includes your public wallet addresses, transaction hashes, and anonymized device identifiers for purposes like preventing fraud. Crucially, sensitive data like your private keys, seed phrase, or keystore file never leave your device. They are not transmitted to or stored on Safepal's servers. Some non-personal, aggregated data may be collected to improve the product, but this cannot be used to identify you individually.

Does the Safepal extension share my data with third parties?

Safepal's policy states they do not sell your personal data. However, sharing may occur with trusted service providers for specific, limited purposes. These include cloud hosting providers for app functionality, analytics services to understand general usage patterns, and security partners to help detect and prevent malicious activity. Any such sharing is governed by contracts that require these parties to protect your data and use it only for the services they provide to Safepal. In cases of legal requirement, such as a court order, Safepal may also be compelled to share information.

How can I manage or delete the data Safepal has?

Since the core private data (keys, seed phrase) remains on your device, you have direct control over it. For other collected information, you can manage certain preferences within the extension's settings, such as opting out of diagnostic or analytics data collection. To request the deletion of any personal data held by Safepal's servers, you typically need to contact their support team directly. They will process the request according to applicable data protection laws. Remember, deleting the extension from your browser will remove all local data stored by the extension on that device.

Is my IP address or browsing history tracked when I use the extension?

The Safepal privacy policy indicates that they may collect your IP address for operational and security reasons, such as protecting against attacks. However, they state that this information is generally anonymized or aggregated and not used to track your individual browsing activity across the internet. The extension's primary function is to interact with blockchain networks and manage your assets; it is not designed to monitor your general web browsing history on other sites.

What security measures does Safepal have for the data they do handle?

Safepal employs several security practices to protect the information they process. These include encryption for data in transit using standard protocols like HTTPS. Access to their systems is restricted to authorized personnel who require it for their job. They also conduct regular security assessments and audits of their infrastructure. It's key to understand that the most critical security responsibility for your funds lies with you: safeguarding your device, using strong passwords, and never sharing your recovery phrase.

Does the SafePal wallet extension collect my private keys or seed phrase?

No, the SafePal extension does not collect, transmit, or store your private keys, seed phrase, or keystore file. This information remains exclusively on your device. The extension is a non-custodial interface, meaning you have full control over your assets. It generates and processes your private data locally to sign transactions, which are then broadcast to the blockchain. SafePal's servers never have access to this sensitive information.