Although this wallet is not only focused on bitcoin because there are some features that I will not use and of course there are some disadvantages but I will use this wallet for storing my bitcoin assets at this time. But I will probably only use this for a while because I still want something else for my Hardware Wallet.
Sorry for saying this and I don't want to ruin your fun, but Safepal hardware wallet is probably one of the worst hardware wallets you could buy at the moment.Safepal is closed source black box from China, they stole and altered and violated original source code, and they are doing the same thing like ledger walelt with restore feature, but it's even worse because they are storing it in cloud
I wouldn't consider this to be safe device for anything and I wouldn't recommend it to anyone, especially when there are much better Open Source alternatives.
Quote
In our coming update, we will support the iCloud/GoogleDrive key backup mechanism. If users lose their seed phrase, they can recover the wallet via their cloud-end back-ups.
Source: https://medium.com/lysithea-ventures/an-insightful-exchange-recap-of-safepal-ama-with-ceo-veronica-3479ee32b796One of my old topics are explaining with more details most of the Safepal flaws:
https://bitcointalk.org/index.php?topic=5317884.0
Oh damn I didn't know safepal was so corrupted in fact I didn't know it at all, so this seems like good news to me to save. Luckily I bought a bitbox and am really happy with my purchase