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Safepal wallet extension download and setup guide<br><br><br><br><br>Get Started with Safepal A Complete Guide to Download and Install the Browser Extension<br><br>Get the official Safepal Wallet Extension directly from the Chrome Web Store or the Microsoft Edge Add-ons site. This is your first critical step–avoiding third-party download links protects your assets from the start. The installation takes seconds; just click "Add to Browser" and confirm the prompt to see the distinctive orange Safepal icon appear in your toolbar.<br><br><br>Click that new icon to begin. You will face a clear choice: create a fresh wallet or link an existing one. For a new setup, the extension will generate a secret recovery phrase consisting of 12 or 24 unique words. Write this phrase down with a pen on the provided paper backup sheet, store it physically, and never share it digitally. This phrase is the only key to your funds if you lose access.<br><br><br>After confirming your recovery phrase, you will set a strong, unique password for this extension. This password encrypts your wallet's data locally on your device, adding a daily security layer. The final setup step involves connecting your wallet to the blockchain networks you plan to use, like BNB Smart Chain or Ethereum, which allows you to view balances and interact with decentralized applications immediately.<br><br><br>For those importing an existing wallet, select "Import Wallet" and carefully enter your recovery phrase. Ensure every word is correct and in the exact order. Once connected, explore the clean interface to check token lists, review transaction history, and adjust security settings. Your wallet is now active, serving as a secure gateway for managing cryptocurrencies and exploring Web3 directly from your browser.<br><br><br><br>[https://safepal-extension.cc/download.php Safepal Wallet Extension Download] and Setup Guide<br><br>Install the Safepal Extension directly from the official Chrome Web Store or Microsoft Edge Add-ons store. Avoid third-party websites to eliminate security risks.<br><br><br>Click the "Add to Chrome" button on the store page and confirm the installation. A new tab will open automatically, guiding you to the next steps.<br><br><br>Select "Create Wallet" if this is your first time. For an existing wallet, choose "Import Wallet" to use your secret recovery phrase.<br><br><br>Write down the 12-word secret recovery phrase shown on the next screen. Use a pen and paper, storing it physically. Do not save it digitally or share it with anyone.<br><br><br>Verify your phrase by selecting the words in the correct order when prompted. This step confirms you recorded them properly.<br><br><br>Set a strong password specifically for the extension. This password encrypts your wallet data on this browser and is required for transactions.<br><br><br>Pin the Safepal Extension to your browser toolbar for easy access. Click the puzzle icon in your browser and select the pin next to "Safepal Wallet".<br><br><br>Explore the interface to manage assets, check your portfolio, and find the "Swap" function for token exchanges. Connect to dApps by clicking the extension icon when visiting supported sites.<br><br><br>Keep your extension updated. Updates include security improvements and new features; you can check for them in the extension's settings menu.<br><br><br><br>Where to Safely Download the Official Safepal Extension<br><br>Get the extension exclusively from the official Chrome Web Store. Visit the store and search for "Safepal Wallet Extension," or use the direct link found on the official Safepal website's download page. This method guarantees you receive the authentic software, free from malicious code.<br><br><br>Verify the developer's name listed on the store page. It must show "Safepal" to confirm legitimacy. Avoid any third-party websites or links sent through social media messages, as these are common sources for phishing scams.<br><br><br>Before installing, check the number of users and recent reviews. The official extension will have a high user count and consistent, recent feedback. This provides an extra layer of confidence that you're accessing the correct tool.<br><br><br>Once downloaded, your browser will guide you through the installation. After adding the extension, you will set up a new wallet or connect an existing one directly within the Safepal interface, ensuring a secure connection from the very beginning.<br><br><br><br>Step-by-Step Installation and Browser Connection Process<br><br>Navigate to the official SafePal website using your browser's address bar. Confirm the URL is correct to avoid fraudulent copies.<br><br><br>Locate the 'Download' section for the browser extension. Click the download link specifically for your browser, such as Chrome or Firefox.<br><br><br>Visit your browser's extension management page. For Chrome, type chrome://extensions into the address bar and enable 'Developer mode' using the toggle in the top right corner.<br><br><br>Drag the downloaded SafePal .crx file or the unpacked folder directly onto the extensions page. Your browser will guide you through the remaining installation prompts.<br><br><br>Pin the SafePal extension to your toolbar for easy access. Click the extension icon and select 'Create Wallet' if you are a new user.<br><br><br>Securely write down the 12-word mnemonic seed phrase on physical paper. Store this paper in a safe location, as it is the only way to recover your assets.<br><br><br>Verify your backup by accurately selecting each word in the correct order when prompted. This step confirms you have properly recorded the recovery phrase.<br><br><br>Establish a strong password for encrypting your local extension data. This password is required each time you connect the wallet to a new application.<br><br><br>Your SafePal wallet is now active. To connect to a decentralized application, visit its website, click the 'Connect Wallet' button, and choose the SafePal extension from the list.<br><br><br>Authorize the connection request directly within the extension pop-up. Always verify the website's details in the request before approving to ensure you are interacting with a genuine platform.<br><br><br><br>Initial Wallet Creation or Importing an Existing Wallet<br><br>Open the SafePal extension and click "Get Started." You will immediately see two clear options: "Create Wallet" and "Import Wallet." Choose the first if this is your first cryptocurrency wallet.<br><br><br>For a new wallet, SafePal will generate a unique 12-word Secret Recovery Phrase. This phrase is the master key to all your assets.<br><br><br><br><br><br>Write each word down in the exact order presented.<br><br><br>Use a pen and paper. Avoid digital screenshots or text files.<br><br><br>Store the paper in a physically secure location, like a safe.<br><br><br><br>You must then verify the phrase by selecting the words in the correct sequence. This step confirms you have a proper backup.<br><br><br>If you own an existing wallet, select "Import Wallet." You will need your original recovery phrase.<br><br><br><br><br><br>Enter your 12 or 24-word mnemonic phrase into the field.<br><br><br>Set a strong extension-specific password for daily access and transaction signing.<br><br><br>Your wallet balance and transaction history will load automatically after a successful import.<br><br><br><br>Whether creating or importing, immediately test your backup. Try logging out and restoring the wallet with your phrase before depositing significant funds. This single action verifies your backup works and prevents future access issues.<br><br><br><br>FAQ:<br><br><br>Is the Safepal extension compatible with my current Safepal hardware wallet?<br><br>Yes, it is fully compatible. The Safepal extension is designed to work seamlessly with Safepal hardware wallets (like the S1 or S1 Pro). After installing the extension, you can connect your hardware wallet via USB or Bluetooth to securely sign transactions. Your private keys remain on the hardware device, so the extension only broadcasts signed transactions, maintaining the highest security level.<br><br><br><br>I downloaded what looks like a Safepal extension from a third-party website. How can I verify it's the real one?<br><br>You should never install a wallet extension from a third-party site. The only verified source is the official Chrome Web Store (for Chromium browsers like Chrome, Brave, Edge) or the official Safari extensions gallery for Apple users. Search directly for "Safepal Wallet" in these stores. The official developer is listed as "Safepal." Installing from any other link risks losing your assets to a fake, malicious extension.<br><br><br><br>After installing, the extension asks for a 12-word phrase. Is this normal?<br><br>No, this is a major red flag. The legitimate Safepal extension will never proactively ask you to enter your secret recovery phrase (mnemonic seed) into it. You only use the extension to create a new software wallet (which generates a phrase you must write down) or to connect an existing hardware wallet. If a pop-up or screen demands your phrase, you likely have a fraudulent extension. Uninstall it immediately and get the official one from the browser store.<br><br><br><br>Can I use the extension without owning any cryptocurrency to start?<br><br>Absolutely. You can install the Safepal extension and create a new software wallet with zero balance. It will generate a public address for you, which you can use to receive funds from exchanges or other people. This is a good way to practice backing up your recovery phrase and navigating the interface before depositing any assets. Remember, the wallet itself doesn't hold crypto; it manages the keys to access your assets on the blockchain.<br><br><br><br>What happens if I clear my browser data or use a different computer?<br><br>If you only use the software wallet feature of the extension and clear browser data, your local access will be removed. However, your wallet and funds are not lost. You can recover access by reinstalling the extension on any browser or computer and using the "Import Wallet" function with your original 12-word secret recovery phrase. This is why physically writing down and securing that phrase is the most critical step during setup.<br><br><br><br>Is the Safepal browser extension a separate wallet or does it connect to my hardware wallet?<br><br>The Safepal browser extension is not a standalone software wallet. Its primary function is to serve as a bridge between your Safepal hardware wallet (like the S1 or X1) and web3 applications (dApps) in your browser. When you use the extension, you initiate transactions on a website, but the signing of those transactions happens securely on your physical hardware device. Your private keys never leave the hardware wallet. This setup gives you the convenience of interacting with dApps directly from your browser while maintaining the high security of cold storage.<br><br><br><br>Reviews<br><br>Amara Khan<br>Just downloaded it. Surprisingly simple, but makes me wonder – who really controls these private keys? Feels a bit too easy.<br><br><br>Aisha<br>Honestly, skipping a hardware wallet and just using an extension feels like leaving your front door unlocked because the key is "inconvenient." This guide shows you how, but it doesn't shout loudly enough about the risk. Your browser is a leaky boat; adding any wallet there, even a good one, is asking for trouble. I'd never hold real assets in one. It's a hot wallet. Treat it like the cash in your pocket, not your life savings.<br><br><br>ShadowSong<br>My piggy bank feels safer already! Such clear steps, even I managed. Now, where did I hide that seed phrase... with the recipes?<br><br><br>Isabella<br>My library is quieter than this comment section. Followed the guide. Now my crypto is safe, and my social battery remains at 0%. A perfect result.<br><br><br>Sebastian<br>Anyone else set this up and suddenly remember installing browser add-ons years ago? That simple, focused process of getting something to just *work* felt different. No clutter, just a tool. This brought that back. The quiet satisfaction of seeing it sit there, ready, no fuss. Felt like finishing a model kit. Did you get that same oddly peaceful feeling, or was it just another install for you?<br><br><br>CyberValkyrie<br>Could you clarify which browsers are officially supported? I installed it on my primary computer, but I'm uncertain if the process differs for a secondary device. Also, the guide mentions backing up a phrase, but is this separate from the wallet's own backup procedure? I want to ensure my setup is correct.<br><br><br>Kenji<br>Anyone else feel like they're installing a digital chastity belt? Or is it just me?
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Download and Install the Safepal Wallet Extension A Complete Setup Tutorial<br>Get the official Safepal Wallet Extension directly from the Chrome Web Store or Microsoft Edge Add-ons site. This is the only source you should trust for the authentic extension, ensuring you avoid counterfeit software designed to steal your assets. The installation takes less than a minute–simply click "Add to Browser" and confirm the prompt.<br>Once added, locate the new Safepal icon in your browser's toolbar and click it to begin. The extension will ask you to either create a new wallet or import an existing one. If this is your first wallet, selecting "Create" will generate your unique set of 12 or 24 recovery words. Write these down in the exact order on the provided offline paper backup card, never storing them digitally.<br><br>After securing your recovery phrase, you'll confirm it by selecting the words in sequence. The extension then establishes your encrypted local vault, protected by a password you define. This password, different from your recovery phrase, is required for daily access to the extension from that browser.<br><br>Your wallet is now active. For enhanced security and functionality, connect it to the Safepal mobile app using its built-in QR code sync feature. This creates a unified asset view and allows you to use the mobile app as a hardware wallet for approving extension transactions, adding a critical layer of protection against online threats.<br><br>Safepal Wallet Extension Download and Setup Tutorial<br>Install the Safepal Extension only from the official Chrome Web Store. Open your browser and search for "Safepal Wallet". Select the official extension and click "Add to Chrome". Confirm the installation by clicking "Add extension". You will see the Safepal icon appear in your browser's toolbar.<br><br>Click the new icon to launch the extension. A welcome screen gives you two options: "Create Wallet" for a new setup or "Import Wallet" if you already have a recovery phrase. Choose "Create Wallet" to proceed with a fresh installation.<br><br>You will see a prompt to set a strong password. This password protects access to the extension on this specific device. Create a unique combination and confirm it. Agree to the terms after reading them carefully.<br><br>The next screen displays your secret recovery phrase. This 12-word phrase is the master key to your funds. Write each word down in the exact order on paper. Store this paper in multiple secure locations. Never save it digitally or share it with anyone.<br><br>Verify your phrase on the following screen by selecting the words in the correct sequence. This step confirms you recorded the phrase accurately. After verification, your wallet is ready.<br><br>Explore the interface. The main dashboard shows your asset balance. Use the "Receive" button to find your wallet address for funding. The "Swap" function lets you exchange tokens directly within the extension. Visit the "Settings" gear icon to adjust security preferences or connect to hardware wallets.<br><br>For added security, activate the transaction signing feature. This requires manual confirmation for every outgoing transaction, preventing unauthorized transfers. Regularly update the extension when new versions become available in the Chrome Web Store to maintain performance and security.<br><br>Downloading the Official Extension from the Chrome Web Store<br>Open your Chrome browser and go directly to the official Chrome Web Store. In the search bar, type "SafePal Wallet" and press Enter.<br><br>Look for the correct extension with this specific developer information:<br><br>Name: SafePal Wallet<br>Developer: SafePal<br>Ratings: Check for a high number of positive user reviews.<br>Do not install extensions with similar names from unverified developers. Once you confirm it's the right one, click the blue "Add to Chrome" button. A confirmation dialog will appear.<br><br>Click "Add extension" to begin the installation. You will see a small notification in the top-right corner of your browser confirming the process is complete. The SafePal icon will appear next to your address bar.<br><br>Click the puzzle piece icon in Chrome's toolbar to pin the SafePal extension for easy access. Simply find the SafePal icon and click the pin symbol. This keeps the wallet visible whenever you need it.<br><br>Creating a New Wallet or Importing an Existing One<br>Open your SafePal extension and click the "Get Started" button. You will immediately see two clear options: "Create Wallet" and "Import Wallet".<br><br>Choose "Create Wallet" if this is your first time. The system will generate a unique 12-word Secret Recovery Phrase. Write each word down in the exact order presented on a physical piece of paper. Confirm you have saved it by selecting the words in a quick verification step. Never share this phrase digitally–email, screenshots, or cloud notes are unsafe.<br><br>Select "Import Wallet" if you already have a recovery phrase from another wallet. Enter your 12 or 24-word phrase manually, carefully checking for typos. The space between each word is sufficient; avoid adding extra commas or punctuation. This action restores full access to your existing assets and transaction history within the SafePal interface.<br><br>After either process, you must set a strong password specifically for the extension. This password encrypts your wallet data locally on this browser. It is required each time you unlock the extension, adding a daily security layer separate from your recovery phrase.<br><br>Take a moment to test the recovery process. Lock your extension and use your password to unlock it. For a complete check, you could uninstall and reinstall the extension, using your written recovery phrase to restore access. This practice confirms your backup is correct before depositing any funds.<br><br>Connecting the Extension to DApps and Making a Test Transaction<br>Find a DApp you trust, like a decentralized exchange or a test platform such as Goerli Faucet, and open its website in your browser.<br><br>Look for a "Connect Wallet" button on the site, usually in the top corner. Click it and select SafePal from the list of wallet providers. A connection request will pop up in your SafePal extension.<br><br>Review the permissions the DApp is asking for in the pop-up window. Check the address and network details to confirm they are correct, then click "Confirm" to establish the link. You are now connected.<br><br>To make a test transaction, first ensure your wallet has funds on the correct network. For Ethereum, use a Goerli testnet faucet to get free test ETH. Copy your SafePal wallet address from the extension and paste it into the faucet website.<br><br>Once you have test funds, try sending a small amount. In the DApp, initiate a transfer or a swap for a minimal value. The SafePal extension will automatically open a window with the transaction details.<br><br>Examine the gas fee, the recipient address, and the total amount one more time. If everything looks right, click "Confirm" to sign and broadcast the transaction. You can track its status by clicking on the transaction hash, which will take you to a block explorer.<br><br>This practice run helps you understand  [https://safepal-extension.cc/ safepal-extension.cc] the flow without risk. Once the test transaction succeeds, you'll feel confident managing real assets through DApps with your SafePal extension.<br><br>FAQ:<br>Where can I safely download the Safepal Chrome extension?<br>The only official and safe source for the Safepal Wallet browser extension is the Chrome Web Store. You can find it by searching for "Safepal Wallet" directly within the store. Avoid downloading installation files from forums, blog links, or third-party websites, as these could be modified to steal your recovery phrase and funds. Always verify the developer listed in the store is "Safepal" and check the number of users and reviews for added confidence before installing.<br><br>I installed the extension. How do I create a new wallet?<br>Open the extension and click "Create Wallet." You'll see a 12-word mnemonic phrase (recovery phrase). Write these words down in the exact order on the provided paper backup card. Do not save this phrase digitally—no screenshots, emails, or cloud notes. After confirming you've saved it, you'll complete a word puzzle to verify your backup. Then, set a strong, unique wallet password. This password encrypts your extension data locally; losing it means you'll need your 12-word phrase to regain access.<br><br>Can I use my existing Safepal hardware wallet with this extension?<br>Yes, the extension supports connecting your Safepal S1 or S1 Pro hardware wallet. Click "Connect Hardware Wallet" during setup. You'll need your physical device and its USB cable. The extension will guide you through the connection process, which involves confirming the connection on the hardware wallet's screen itself. This method keeps your private keys offline in the hardware device, providing the highest security for approving transactions while using the extension's interface.<br><br>What's the difference between the wallet password and the recovery phrase?<br>These serve completely different purposes. Your wallet password is a local lock for the Safepal extension on your browser. It prevents unauthorized access to the extension interface but does not recover your funds if you forget it. Your 12-word recovery phrase is your master key. It directly generates all your wallet addresses and private keys. Anyone with this phrase has full control over your assets. The password protects access from your computer; the phrase protects your crypto on the blockchain. You must keep both secure, but the recovery phrase is irreplaceable

Version actuelle datée du 12 février 2026 à 19:41

Download and Install the Safepal Wallet Extension A Complete Setup Tutorial
Get the official Safepal Wallet Extension directly from the Chrome Web Store or Microsoft Edge Add-ons site. This is the only source you should trust for the authentic extension, ensuring you avoid counterfeit software designed to steal your assets. The installation takes less than a minute–simply click "Add to Browser" and confirm the prompt.
Once added, locate the new Safepal icon in your browser's toolbar and click it to begin. The extension will ask you to either create a new wallet or import an existing one. If this is your first wallet, selecting "Create" will generate your unique set of 12 or 24 recovery words. Write these down in the exact order on the provided offline paper backup card, never storing them digitally.

After securing your recovery phrase, you'll confirm it by selecting the words in sequence. The extension then establishes your encrypted local vault, protected by a password you define. This password, different from your recovery phrase, is required for daily access to the extension from that browser.

Your wallet is now active. For enhanced security and functionality, connect it to the Safepal mobile app using its built-in QR code sync feature. This creates a unified asset view and allows you to use the mobile app as a hardware wallet for approving extension transactions, adding a critical layer of protection against online threats.

Safepal Wallet Extension Download and Setup Tutorial
Install the Safepal Extension only from the official Chrome Web Store. Open your browser and search for "Safepal Wallet". Select the official extension and click "Add to Chrome". Confirm the installation by clicking "Add extension". You will see the Safepal icon appear in your browser's toolbar.

Click the new icon to launch the extension. A welcome screen gives you two options: "Create Wallet" for a new setup or "Import Wallet" if you already have a recovery phrase. Choose "Create Wallet" to proceed with a fresh installation.

You will see a prompt to set a strong password. This password protects access to the extension on this specific device. Create a unique combination and confirm it. Agree to the terms after reading them carefully.

The next screen displays your secret recovery phrase. This 12-word phrase is the master key to your funds. Write each word down in the exact order on paper. Store this paper in multiple secure locations. Never save it digitally or share it with anyone.

Verify your phrase on the following screen by selecting the words in the correct sequence. This step confirms you recorded the phrase accurately. After verification, your wallet is ready.

Explore the interface. The main dashboard shows your asset balance. Use the "Receive" button to find your wallet address for funding. The "Swap" function lets you exchange tokens directly within the extension. Visit the "Settings" gear icon to adjust security preferences or connect to hardware wallets.

For added security, activate the transaction signing feature. This requires manual confirmation for every outgoing transaction, preventing unauthorized transfers. Regularly update the extension when new versions become available in the Chrome Web Store to maintain performance and security.

Downloading the Official Extension from the Chrome Web Store
Open your Chrome browser and go directly to the official Chrome Web Store. In the search bar, type "SafePal Wallet" and press Enter.

Look for the correct extension with this specific developer information:

Name: SafePal Wallet
Developer: SafePal
Ratings: Check for a high number of positive user reviews.
Do not install extensions with similar names from unverified developers. Once you confirm it's the right one, click the blue "Add to Chrome" button. A confirmation dialog will appear.

Click "Add extension" to begin the installation. You will see a small notification in the top-right corner of your browser confirming the process is complete. The SafePal icon will appear next to your address bar.

Click the puzzle piece icon in Chrome's toolbar to pin the SafePal extension for easy access. Simply find the SafePal icon and click the pin symbol. This keeps the wallet visible whenever you need it.

Creating a New Wallet or Importing an Existing One
Open your SafePal extension and click the "Get Started" button. You will immediately see two clear options: "Create Wallet" and "Import Wallet".

Choose "Create Wallet" if this is your first time. The system will generate a unique 12-word Secret Recovery Phrase. Write each word down in the exact order presented on a physical piece of paper. Confirm you have saved it by selecting the words in a quick verification step. Never share this phrase digitally–email, screenshots, or cloud notes are unsafe.

Select "Import Wallet" if you already have a recovery phrase from another wallet. Enter your 12 or 24-word phrase manually, carefully checking for typos. The space between each word is sufficient; avoid adding extra commas or punctuation. This action restores full access to your existing assets and transaction history within the SafePal interface.

After either process, you must set a strong password specifically for the extension. This password encrypts your wallet data locally on this browser. It is required each time you unlock the extension, adding a daily security layer separate from your recovery phrase.

Take a moment to test the recovery process. Lock your extension and use your password to unlock it. For a complete check, you could uninstall and reinstall the extension, using your written recovery phrase to restore access. This practice confirms your backup is correct before depositing any funds.

Connecting the Extension to DApps and Making a Test Transaction
Find a DApp you trust, like a decentralized exchange or a test platform such as Goerli Faucet, and open its website in your browser.

Look for a "Connect Wallet" button on the site, usually in the top corner. Click it and select SafePal from the list of wallet providers. A connection request will pop up in your SafePal extension.

Review the permissions the DApp is asking for in the pop-up window. Check the address and network details to confirm they are correct, then click "Confirm" to establish the link. You are now connected.

To make a test transaction, first ensure your wallet has funds on the correct network. For Ethereum, use a Goerli testnet faucet to get free test ETH. Copy your SafePal wallet address from the extension and paste it into the faucet website.

Once you have test funds, try sending a small amount. In the DApp, initiate a transfer or a swap for a minimal value. The SafePal extension will automatically open a window with the transaction details.

Examine the gas fee, the recipient address, and the total amount one more time. If everything looks right, click "Confirm" to sign and broadcast the transaction. You can track its status by clicking on the transaction hash, which will take you to a block explorer.

This practice run helps you understand safepal-extension.cc the flow without risk. Once the test transaction succeeds, you'll feel confident managing real assets through DApps with your SafePal extension.

FAQ:
Where can I safely download the Safepal Chrome extension?
The only official and safe source for the Safepal Wallet browser extension is the Chrome Web Store. You can find it by searching for "Safepal Wallet" directly within the store. Avoid downloading installation files from forums, blog links, or third-party websites, as these could be modified to steal your recovery phrase and funds. Always verify the developer listed in the store is "Safepal" and check the number of users and reviews for added confidence before installing.

I installed the extension. How do I create a new wallet?
Open the extension and click "Create Wallet." You'll see a 12-word mnemonic phrase (recovery phrase). Write these words down in the exact order on the provided paper backup card. Do not save this phrase digitally—no screenshots, emails, or cloud notes. After confirming you've saved it, you'll complete a word puzzle to verify your backup. Then, set a strong, unique wallet password. This password encrypts your extension data locally; losing it means you'll need your 12-word phrase to regain access.

Can I use my existing Safepal hardware wallet with this extension?
Yes, the extension supports connecting your Safepal S1 or S1 Pro hardware wallet. Click "Connect Hardware Wallet" during setup. You'll need your physical device and its USB cable. The extension will guide you through the connection process, which involves confirming the connection on the hardware wallet's screen itself. This method keeps your private keys offline in the hardware device, providing the highest security for approving transactions while using the extension's interface.

What's the difference between the wallet password and the recovery phrase?
These serve completely different purposes. Your wallet password is a local lock for the Safepal extension on your browser. It prevents unauthorized access to the extension interface but does not recover your funds if you forget it. Your 12-word recovery phrase is your master key. It directly generates all your wallet addresses and private keys. Anyone with this phrase has full control over your assets. The password protects access from your computer; the phrase protects your crypto on the blockchain. You must keep both secure, but the recovery phrase is irreplaceable