Putting assets on an exchange is very risky. what happened to FTX certainly teaches us a lesson. we have no control over our assets. everything is owned by a third party. so it's better now we get used to storing assets in our wallets. if can't have a hardware wallet, an online wallet like Trustwallet is fine for a while too.

The safepal S1 hardware wallet is also not used to store our assets there. the hardware used will direct us to the online wallet on the smartphone to access it. not much different from Trustwallet. the hardware is only used as a validator when making outgoing transactions. so it will be safer when we put our assets there.