The SafePal S1 was built with Binance in mind. It is one of the easiest ways to access the Binance Smart Chain. If you want to use Binance with a software wallet, they recommend using Trust Wallet. If you want to use a hardware wallet, they highly recommend the SafePal. The SafePal doesn't need to connect to your computer or phone for transactions. The wallet has a mini camera that interacts with the SafePal app. You scan the app with the wallet and scan the wallet with your phone. It is an awesome system. It is also the easiest way that I have seen to get access to the Binance Dex or Decentralized Exchange. Binance operates a Dex that works alongside its traditional exchange and the SafePal makes it super easy to get to it. It uses a standard 24 word recovery phrase and is very intuitive. It tells you when to scan and what to scan.
If you are looking for an easy way to use Pancakeswap and other Binance Chain apps, this would be a great option for you. Since it is made with the help of Binance, it is made to be really easy to use with Binance's decentralized financial network. It seems that with the direction things are going, more and more people are going to be using wallets instead of trading at exchanges. If that sounds like you and you want to start earning some crazy Cake rewards, then this should be one of your first purchases. If you have never done Defi before, you might want to start with the Ethereum network and bigger Dapps like Uniswap and Sushiswap. Personally, we think that Binance Chain is the future of blockchain.
The SafePal wallet has its own BEP20 token. There will be lots of cool ways that Safepal will be able to incentivise its users by giving them SafePal tokens.