In today’s crypto-driven world, digital wallets are no longer just storage vaults; they act as a gateway for trading, staking, and investing. Among many decentralized crypto wallets, the SafePal crypto wallet is gaining global visibility due to its security, simplicity, and multi-chain support.
As the crypto wallet consists of a lot of business perks, why not create something similar to that?
Yes, creating a cryptocurrency wallet like SafePal is no longer a daunting task. With the right and efficient solution, a crypto wallet like SafePal can be launched. There comes the role of adopting the SafePal clone script. Newbie startups with a limited budget can go with the SafePal clone script solution.
A SafePal clone script lets businesses step into the same league, offering users a wallet that’s secure, versatile, and scalable without higher development cost. If you are eager to explore more about the clone software. Then, let’s get started.
SafePal clone script – An Overview
The SafePal clone script is a turnkey software that is pre-made, ready-to-deploy, and 100% customizable that replicating the core functionality of the SafePal crypto wallet. As the clone software is optimizable, startups can integrate their respective business features, revenue streams, and other functionalities.
The crypto wallet comprises all the necessary admin and user dashboard features. Without spending much time on creating from scratch, startups can easily launch them. Also, the overall cost estimation for adopting a SafePal clone software is less compared to any other development methodology.
How does the SafePal clone work?
Similar to the SafePal crypto wallet, the clone script also follows the simple procedure. As the clone software mirrors a similar procedure, global users can utilize the platform without much technical confusion.
User Panel
Registration
Crypto users who want a non-custodial wallet need to create an account with higher security. By onboarding to the crypto wallet, users can generate their private/public key pair directly from their user device.
Security Protocols
Along with the private/public key generation, the clone software allows the crypto user to create a seed phrase (a Unique set of 24 words). Recovery phrases, PIN protection, biometric authentication, etc, are created for backup and wallet restoration.
Multi-chain Integration
Similar to the SafePal crypto wallet, the clone script also comprises unique features like multi-chain integration. Regardless of the blockchain network, users can connect their wallet to numerous blockchain networks.
Trade Execution
With the crypto wallet, users can initiate crypto transactions, DeFi token swaps, etc. The private key signs the transaction locally, and the signed transaction is then broadcast to the blockchain network.
Admin Panel
User Management
The admin team of the crypto wallet clone will have complete access to monitor the new users, existing user activity, etc. With the real-time analytics, the admin can find out the suspicious or malicious accounts.
CMS management
Banner content, Announcements, News, etc, can be managed by the admin team. With
Revenue Configuration
The admin can modify and upgrade the revenue streams of the SafePal clone script. This ensures higher monetization streams for the platform.
This is how the user and admin panel of the SafePal clone script works seamlessly. The working flow can be modified based on the market trends and current needs. To execute a seamless working process, the SafePal clone software is power-packed with multiple features.
Core Features of SafePal clone
Features play a vital role in the creation of a decentralized crypto wallet like SafePal. Some of the core features that have been integrated within the platform are,
- Multi-currency support – Allows users to manage Bitcoin, Ethereum, stablecoins, and other crypto assets.
- Multi-chain Support – Global users utilizing different blockchain networks can utilize the crypto wallet.
- In-App token Swap – Instant token swapping in exchanges through the DEX aggregators.
- dApp Browser – This gives direct access to the DeFi platforms, NFT marketplace, and GameFi apps.
- Portfolio Management – Users can view the crypto wallet’s token balance, prices, and other custom token additions in real time.
- NFT Support – Enable users to store, view, and transfer NFTs across multiple blockchains.
- Transaction History – Helps to view the detailed logs with customizable gas fee settings.
- QR Code Scanner – With the simplified QR code scanner, users can scan the codes for payments.
- 2-Factor Authentication – Users can set up 2-factor authentication for higher security.
- Push Notifications – Offers real-time alerts for transactions, updates, and market movements.
- Hardware Wallet Integration – Optional cold storage signing for enhanced safety features.
These are the core features that are integrated within the SafePal clone script. Along with this, many other features and functionalities can also be integrated to enhance the user experience. With these unique features, the clone script possesses multiple revenue streams for monetization. Let’s have a look at them in the next section.
Revenue Streams of SafePal Wallet clone
Newbie startups and entrepreneurs who want to succeed with a ready-made script are provided with potential revenue streams. The SafePal clone script comes with a in-built revenue streams, even though additional revenue streams can be integrated for higher earnings. Some of them are,
- Swap/Transaction fees – This is a small commission on in-app swaps or transfers that are conducted for every transaction.
- Fiat On/Off Ramp – Users can convert from fiat to crypto and crypto to fiat, where for each conversion, these fees are collected.
- Staking Services – Users who want to lock up their crypto assets have to share the revenue or interest.
- Premium Features – Subscription-based advanced features are viewed with these premium fees. The premium fees are charged based on monthly and yearly rates.
- Affiliate Partnership – The admin can earn through commissions from partnered exchanges, DeFi protocols, or DApp integrations.
- Token Listing Fees – Charge projects for listing their tokens or NFTs within the wallet, which enhances visibility.
- Advertising – Charges or commissions are collected for sponsored banners or promotions within the wallet app.
- White-Label Licensing – This feature offers the wallet clone as a branded solution to other newbie startups and entrepreneurs.
Through these revenue streams, the startup can earn revenue. With these many features and revenue streams, the SafePal clone script is staying ahead in the crypto market. Apart from the features and revenue, the clone script offers numerous business perks.
Benefits of adopting a SafePal clone script
Launching a crypto wallet from scratch requires longer months of development, huge capital, and deep technical expertise. There comes the solution of adopting a SafePal Clone script, which saves time, cost, and overall development. Some of the key business perks of adopting a SafePal clone Script are listed below,
Time-Saving
The SafePal clone software drastically reduces development time, which helps the startups to launch a fully functional crypto wallet within weeks instead of months. This helps startups to grab the attention of early adopters and gain a competitive edge.
Cost-Effective
Building a crypto wallet from scratch requires significant investment for hiring developers, auditors, and infrastructure. A pre-made clone script eliminates the overall development cost and offers a robust wallet solution that fits the pocket of startups.
Battle-Tested Security
As the SafePal clone software has already proven its reliability, the clone script inherits a robust security mechanism. Some of the high-tech security features are Biometric Authentication, recovery options, PIN authentication, etc.
Customizability & Branding
Unlike a closed-source wallet, a SafePal clone script is highly customizable. Businesses can tweak the UI, add features like staking, integrate fiat gateways, or even support region-specific tokens. Also, the clone software ensures brand credibility and trust.
Scalability for Growth
The architecture of a SafePal clone is designed to handle a growing user base and transaction volume. Start small with basic features, and as your user base expands, you can integrate advanced features like cross-chain swaps, institutional custody, or premium services.
In a nutshell, the SafePal clone script allows startups and enterprises to launch a secure, scalable, and revenue-generating wallet. As with the clone script, you have to make sure of the clone script provider. In that sense, Coinsclone offers the best-ever SafePal clone script at an affordable cost.
Wrapping Up
Coinsclone is a leading Cryptocurrency wallet development company with years of technical experience in providing top-tier crypto wallet development solutions. With the customizable crypto wallet solutions, our development team ensures to tailor them based on your business needs and requirements.
As we have 12+ years of experience in the crypto market, our team ensures to provide a premium and robust crypto wallet that is packed with enriched features.
Along with the crypto wallet development, our team also offers crypto exchange development, DEX platform creation, token creation, etc. Partner with our team to kickstart your crypto business in the competitive landscape.