Most crypto holders start on a centralized exchange (CEX), and for good reason. But keeping funds on a CEX means users have to trust a third party to store and secure their funds. A self-custodial wallet suite like SafePal changes that entirely.
With regulations tightening in Europe, this might be a viable time to embrace self-custody instead of migrating funds to another CEX.
Why move off a CEX?
Full ownership and proven security
With SafePal, only you control your private keys and maintain full access and control of your assets. Your funds can't be frozen, restricted, or lost in an exchange collapse.
With a perfect security track record since 2018, SafePal has spent eight years proving that self-custody doesn't have to mean sacrificing peace of mind.
Access to 200+ blockchains and DeFi
SafePal supports 200+ blockchains, making it easy to transfer assets from virtually any CEX. Once your funds are in your wallet, you unlock the full DeFi ecosystem and features such as NFTs, swapping and staking across thousands of protocols directly from the app.
More ways to grow and use your crypto
SafePal goes beyond basic storage. Native integrations give users access to advanced features like perp trading with up to 100x leverage on crypto pairs and tokenized stocks, prediction markets, real-world payments and usability through a built-in banking gateway and Mastercard.
Cold storage for maximum security
For users who want the highest level of protection, the SafePal hardware wallet line encrypts private keys offline in CC EAL6+ secure element chipsets for enhanced security.
Self-custody with SafePal isn't a compromise. It's an upgrade.
How to transfer from a CEX
The whole process takes under five minutes. Follow the steps below carefully (open a ticket via www.safepal.com/sitemap through the Contact Customer Support tab/ the Support tab under settings for the SafePal App for queries, or visit the official helpcenter here for more information)
Step 1: Download SafePal
Visit www.safepal.com/download and select the wallet type to download depending which device you want to manage your digital assets on (Mobile or PC/Laptop are both available)
Safety reminders: Your recovery/seed phrase generated when creating a new wallet address is the master key to everything. No legitimate service ever needs it.
If you lose the seed phrase, no one can recover your funds for you, which is the cost of true ownership. Store your seed phrase in a safe place or with an item like the SafePal Cypher and never share it with anyone else.
Step 2: Open SafePal and go to Receive
Tap the asset you want to receive (i.e. USDT, BNB, ETH). Tap Receive to display your wallet address and QR code.
Step 3: Choose and confirm your network
Before copying, check which network SafePal is showing. Common options: BEP-20, ERC-20, TRC-20, SOL.Please take note, you'll need to match the network selected with the assets being sent from the exchange.
Step 4: Copy your address
Tap Copy address or save the QR code. If copying, double-check the first and last 4 characters after pasting, malware can swap clipboard addresses.
Step 5: Log in to your exchange and withdraw
Find the Withdraw section for your asset. Paste your SafePal address and select the same network from step 2. Please ensure the networks/blockchains selected are the same, any mismatch here can result in permanent loss.
Step 6: Set amount and confirm
Enter the amount, review the network fee, then confirm.
Step 7: Check your SafePal balance
Most transfers arrive within 5–30 minutes. Tap Transaction history in SafePal to track the status, or paste the transaction hash into a block explorer.
✅ Pro tip: Always send a small test amount first. Confirm it arrives before transferring your full balance.
⚠️ Network mismatch = permanent loss. Always verify the network on both sides before confirming. I.e. Sending ERC-20 USDT to a TRC-20 address cannot be recovered.
Ready to take custody of your crypto?
Download SafePal and make your first transfer in minutes.
About SafePal:
Founded in 2018, SafePal is a next generation non-custodial crypto wallet suite backed by Animoca Brands, Binance and Superscrypt. The suite empowers access to decentralized and centralized finance on 200+ blockchains across its hardware, software, and browser extension wallet solutions.
Encompassing a diverse mix of crypto asset management solutions like cross-chain swapping, trading and yielding tools, centralized exchange (CEX) mini programs, a banking gateway and Mastercard for users — SafePal serves 30 million users globally across 200+ regions and countries in 16 languages.
SFP is a decentralized BEP-20 and ERC-20 token fuelling the SafePal ecosystem with various utilities such as discounts on SafePal products, staking boost and airdrop rewards, seamless conversion to gas tokens, and more.
Stay informed about SafePal here
