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Safepal wallet extension privacy policy details and guide



Your Safepal Wallet Extension Privacy Policy A Complete Explanation and User Guide

Before you connect your first wallet, take five minutes to read the official Safepal Privacy Policy. This document explains how your data is handled when you use the browser extension. Understanding it helps you make informed choices about your financial privacy and security.


The policy clarifies that Safepal operates as a non-custodial wallet. Your private keys and seed phrase never leave your device and are not collected by Safepal's servers. The extension processes transaction data locally on your computer to sign transactions before broadcasting them to the blockchain. This design means your core asset control remains entirely in your hands.


For the extension to function, it does collect specific operational data. This includes your public wallet addresses, transaction hashes, browser type, and interaction timestamps. This information supports features like displaying your portfolio balance and tracking transaction status. According to their policy, this data may be shared with trusted service providers, such as node infrastructure partners, but only to maintain core wallet operations.


You can improve your privacy posture directly within the extension's settings. Consider disabling optional analytics and marketing data sharing, which is often turned on by default. Regularly review connected dApp permissions and revoke access for applications you no longer use. These actions limit external data exposure beyond what is necessary for the wallet's basic operation.


Your blockchain activity remains public, as this is inherent to how networks like Ethereum or BNB Chain operate. The SafePal Chrome extension extension itself does not anonymize your on-chain transactions. For enhanced privacy, use features like the built-in decentralized exchange (DEX) aggregator, which can help obscure direct CEX-to-wallet trails by facilitating token swaps within your wallet interface.

What Personal Data the Safepal Extension Collects and Why

Rest assured, the Safepal extension is designed to collect minimal personal data directly. Your private keys and seed phrase never leave your device. The extension primarily gathers technical information to function securely and improve.


Here is a specific breakdown of the data collected:


Public Wallet Addresses: When you interact with a blockchain, your public address is visible on that network. The extension reads this public data to display your balances and transaction history, but this is not personally identifying information on its own.
Anonymous Interaction Data: The extension may collect anonymized data about feature usage and general interaction. This helps developers identify which parts of the interface are used most and where improvements are needed.
Device Technical Data: Basic information like your browser type, extension version, and general device language is collected. This ensures the software is compatible with your system and can deliver necessary updates.
Transaction Data for Quotes: When you use the swap or bridge features, details like the transaction amount and token types are sent to Safepal's or its partners' servers to generate a price quote. This data is processed to complete your requested service.


You maintain control over much of this. For example, you can choose not to use the built-in swap features, which would limit data sharing related to quotes. Regularly reviewing connected dApp permissions in the extension also helps manage what applications can see.


The core principle is that all sensitive operations–signing transactions, managing keys–happen locally on your computer. The data collected supports the extension's operation, security updates, and user experience without compromising your fundamental financial privacy.

How Your Wallet Addresses and Transaction Information Are Processed

Your wallet addresses and transaction data remain on your device; the SafePal extension does not transmit this information to our servers. We generate addresses and sign transactions locally within your browser. This means you have direct control over your private keys and transaction approval.


When you broadcast a transaction, the extension sends only the signed transaction data to a blockchain node, typically via a decentralized RPC provider. We do not see or store the details of this transaction. For improved privacy, you can configure a custom RPC endpoint in the extension's settings. This lets you choose which node communicates your transactions to the network.


While your addresses are not linked to your identity by SafePal, remember that blockchains are public. Anyone who knows your wallet address can view its entire transaction history and balance. To enhance privacy, consider generating a new address for receiving different types of assets or for separate activities.


The extension may temporarily cache your address and recent transaction data locally in your browser's storage to improve performance. This cache clears if you remove the extension. For a fresh start, you can manually clear your browser's site data and cache.


Always verify the transaction details on the extension's confirmation screen before signing. Double-check the recipient address, amount, and network fees. Once a transaction is confirmed on the blockchain, it cannot be reversed.

Third-Party Service Providers and Data Sharing

Understand that SafePal interacts with specific, named third parties to deliver core wallet functions. These partners process only the data necessary for their service.


For blockchain interactions, SafePal relies on RPC nodes from providers like Infura and Ankr. Your public wallet address and transaction details are visible to these nodes, similar to using any public blockchain. To enhance privacy, you can configure custom RPC endpoints directly within the extension's settings for supported networks.


Token logos and market data are fetched from trusted sources such as CoinMarketCap. This connection shares your public IP address with these platforms. The extension also integrates with decentralized exchanges like PancakeSwap for direct trading; those transactions are governed by their own privacy policies once you connect.


SafePal states it does not sell your personal data. However, aggregated, non-personal analytics may be shared to improve service performance. You control your data by managing on-chain permissions and reviewing each dApp's access requests before confirming transactions.


Regularly check the official SafePal documentation for an updated list of service providers. Your proactive management of connections and settings is the strongest layer of privacy control.

Your Control Over Data: Access and Deletion Procedures

You can review the specific personal data SafePal processes directly within the wallet extension. Open the extension, go to Settings > Privacy & Security to find a summary of data collection purposes. For a complete record, contact the SafePal support team with a formal data access request.


To manage your information, consider these steps:


Export Local Data: Use the "Export Wallet" function to create a backup of your local wallet file and transaction history stored on your device.
Manage Analytics: Disable data sharing for product improvement in the "Privacy & Security" settings. This stops the collection of anonymous usage data from your instance of the extension.
Clear Browser Data: Since the extension operates in your browser, clearing your browser's cache and local storage will remove temporary local data. Ensure you have your Secret Recovery Phrase and wallet passwords backed up before doing this.


For data deletion, direct action is required. The team handles formal requests for data erasure under applicable laws.


Prepare a message from the email address associated with your SafePal account.
Clearly state your request for data deletion in the subject line.
Send the request to SafePal's official support email: support@safepal.com.
The team will verify your identity as the account holder and confirm which data can be purged from their active servers.


Understand that blockchain data, like your public transaction history on the chain, is immutable and cannot be deleted by SafePal or anyone else. Deleting your app data or requesting erasure from SafePal does not alter public blockchain records.


After submitting a deletion request, you will receive a confirmation and a timeline for the process. Keep your Secret Recovery Phrase secure throughout, as losing it will result in permanent loss of access to your funds, independent of any data deletion procedure.

Security Measures for Protecting Your Information

Activate the transaction signing feature for every operation; this ensures a final manual confirmation on your hardware device, blocking any malicious extension from acting alone.


Store your 12-word recovery seed phrase offline, writing it on paper or a metal backup tool. Never save this phrase in a digital file, cloud storage, or email, as these are common targets for malware.


Create a strong, unique password for your SafePal extension that you don't use elsewhere. Combine uppercase and lowercase letters, numbers, and symbols to form a passphrase at least 12 characters long.


Verify the extension's official source before installation. Only download SafePal from the official Chrome Web Store or the SafePal website to avoid counterfeit software designed to steal keys.


Keep your browser and the SafePal extension updated. Developers release patches for discovered vulnerabilities, and running the latest version closes these security gaps automatically.


Use a dedicated computer or smartphone for your crypto activities if possible, minimizing exposure to general browsing risks like phishing sites or accidental malware downloads.


Review connected sites regularly within the extension's settings and revoke access for any applications you no longer use or recognize, preventing unnecessary data sharing.


Enable browser-level security features like phishing and malware protection, and consider using a separate browser profile exclusively for your wallet to isolate its activity.

Steps for Reviewing and Managing Your Privacy Settings

Open your SafePal wallet extension and click the 'Settings' icon, typically shaped like a gear.


Select 'Privacy & Security' from the menu. This central hub contains all controls for your data and transaction visibility.


Examine the 'Transaction Sharing' option. This setting can broadcast your transaction details to third-party analytics services. Decide if you want this enabled or prefer to keep that data private.


Review the list of connected dApps under 'Connection Management'. This table shows which decentralized applications have access to your wallet.


dApp NameConnection DateAction
Uniswap Interface2023-10-15Revoke
Compound Finance2023-09-22Revoke


Revoke access for any applications you no longer use by clicking the corresponding button. This prevents them from initiating transactions.


Check the 'Security' section for privacy-adjacent features. Ensure 'Phishing Detection' is active to block malicious websites from accessing your wallet data.


Adjust your 'Address Book' entries. Using saved labels for frequent transactions prevents accidentally sending assets to the wrong public address.


Return to these settings quarterly. Regular checks help you maintain control over your digital footprint as you interact with new services.

FAQ:
What personal information does the Safepal Wallet extension collect?

The Safepal Wallet extension is designed to prioritize user control. It does not collect personal information like your name, address, or government ID. The extension requires access to public blockchain data to function and may collect anonymized usage data, such as interaction with buttons or error reports, to improve the software. Your private keys and seed phrase are stored locally on your device and are never transmitted to Safepal's servers.

Does Safepal share my wallet data with third parties?

Safepal states it does not sell or trade user data. However, the privacy policy indicates that some anonymized, non-personal data may be shared with trusted service providers for purposes like analytics, customer support, or security. This could include companies that help process bug reports. Any sharing is governed by contracts requiring these parties to protect the data.

How does the extension's privacy policy compare to a hardware wallet?

The core privacy principle is similar: your private keys never leave your device. The key difference is the attack surface. A hardware wallet keeps keys isolated on a dedicated device. The browser extension operates in a more exposed environment—your computer—which can be susceptible to malware. The policy for data collection is likely consistent, but the extension's security relies more on the user's computer hygiene.

I connected my wallet to a dApp. What data does that dApp get?

Connecting your wallet to a dApp only shares your public wallet address and the information needed for the transaction you approve. The dApp does not gain access to your private keys, seed phrase, or other wallet contents. However, your public address and transaction history on the blockchain are visible to that dApp and can potentially be linked. The Safepal extension itself does not control the data practices of external dApps you choose to interact with.

Can I use the Safepal extension completely anonymously?

You can use it without providing an email or name. However, complete anonymity is complex. Your IP address may be logged during routine server communications. Your blockchain transactions and public addresses are permanently visible on the ledger. If you purchase crypto through Safepal's integrated services, you will need to complete required identity checks. For the highest privacy, use the extension with a VPN and be mindful of blockchain transaction tracing.

Does the Safepal extension collect my private keys or seed phrase?

No, the Safepal wallet extension does not collect, transmit, or store your private keys or seed phrase. These remain exclusively on your device. The extension is a non-custodial interface, meaning you have full control. It generates and processes your keys locally within your browser's secure environment. The extension cannot access this sensitive data unless you explicitly enter it for a transaction, and even then, it is not transmitted over the network.