Advertising

How and where to buy Safemoon

buy Safemoon
3.7 3 votes
Article Rating
Classified as a DeFi token, SafeMoon is attracting a lot of attention from investors. Buying SafeMoon can be tricky, but our team identified some ways to buy SafeMoon.

SafeMoon is a new cryptocurrency that is generating a lot of buzz in recent days. It is a decentralized financial startup that addresses problems present in other major cryptocurrencies. Perhaps most notably, SafeMoon imposes a 10% fee on sellers, half of which is assigned to existing token holders, and the other half is locked in Liquidity Pool.

Since SafeMoon is a new cryptocurrency that was launched in March 2021, it is not yet close to the popularity level of other altcoins. But due to the dizzying price of the coin and the current value of less than a penny, many investors are starting to take notice and buy SafeMoon.

Buying this cryptocurrency was not as convenient as buying other popular cryptocurrencies like, for example,  Dogecoin, until today, April 24, 2021, which was added two more exchanges, and as per the dev team, more will be added.

Before delving into how and where to buy Safemoon token, it is important to note that Safemoon is a token based on Tokenomics

buy safemoon

If you are looking to buy SafeMoon, it is was as straightforward as logging into your preferred broker of choice and placing an order for the cryptocurrency. However, this was until today, April 24th, 2021 which 2 of the major Asian exchanges were added in terms of the trading volume. These exchanges were ZGB.com, an Asian exchange and one of the biggest in the Asian cryptocurrency market, and Gate.io, another Asian exchange, working mainly in the Chinese market.

How you can buy at the moment Safemoon is:

1. PancakeSwap – with Binance and Trustwallet

buy safemoon

For you to buy Safemoon in Pancakeswap, you need to buy BNB in Binance exchange and transfer to your Trustwallet address through BEP-20 Protocol.

From here you need to:

  • Convert the BNB in the Trustwallet to BSC – Binance Smart Chain;
  • Access safemoon website from Trustwallet;
  • Chose “buy” from Safemoon website (After that you will be redirected to pancakeswap);
  • In pancakeswap, you need to connect your Trustwallet;
  • Adjust the slippage to between 8 and 12 % (recommended 12%);
  • An then just swap the amount of BNB to Safemoon.

    There, you now have safemoons!
READ more:  Know what is Binance Exchange and how to use it

2. PancakeSwap – With just Trustwallet

buy safemoon
  • Chose “Wallet”
  • Click “buy” under the tag icon
  • Chose the coin you want to buy (we recommend BNB)
  • Insert the amount you want to buy in USD and then click next!;
  • You will then be redirected to “Simplex” in which you can buy the BNB you chose;
  • Convert the BNB in the Trustwallet to BSC – Binance Smart Chain;
  • Access safemoon website from Trustwallet;
  • Chose “buy” from the Safemoon website (After that you will be redirected to pancakeswap);
  • In Pancakeswap, you need to connect your Trustwallet;
  • Adjust the slippage to between 8 and 12 % (recommended 12%);
  • An then just swap the amount of BNB to Safemoon.

There, you now have safemoons!

3. Exchanges

buy safemoon

While you were able to buy Safemoons from Whitebit and Bitmart, besides pancakeswap, at the time of this article you are now able to buy directly from MXC.com, Gate.io,ZBG.com, and also LetsExchange.io, this last one, until now, was the first and only exchange who let you buy Safemoons from every pair they offer.

From exchanges is easier to buy, more direct, and probably with fewer fees and workarounds.

In exchanges, you can buy by adding FIAT money and then converting to any of the supported pairs to trade or if the exchanges support, you can buy even Safemoons directly with your card or SEPA.


About PancakeSwap

PancakeSwap is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. PancakeSwap uses an automated market maker (AMM) model where users trade against a liquidity pool. Such pools are filled with users’ funds. They deposit them into the pool, receiving liquidity provider (or LP) tokens in return. They can use those tokens to reclaim their share, plus a portion of the trading fees.

The LP tokens are called FLIP tokens. PancakeSwap also allows users to farm additional tokens – CAKE and SYRUP. On the farm, users can deposit LP tokens, locking them up in a process that rewards users with CAKE. Users can stake CAKE tokens to receive SYRUP, which will have further functionality as governance tokens (and as tickets in a lottery).

READ more:  BTCS Management Invests $1.1 Million into Company

Website: https://pancakeswap.finance/

About WhiteBIT Exchange

Launched in Dec 2018, WhiteBIT is a European centralized exchange that offers crypto-to-crypto and crypto-to-fiat transactions with 0.1% trading fees.

With European Exchange and Custody licenses, WhiteBIT meets KYC and AML requirements. It claims to have 150,000+ users from the EU, South America, and Asia registered on the platform.WhiteBIT offers instant transactions with P2P codes, the possibility of staking, private and public API & several trading tools: limit, market, stop limit and stop market orders. Quick deposits and withdrawals are carried out with InstantSend by Dash.

Website: https://whitebit.com/

About Bitmart Exchange

Launched on 15/03/2018, BitMart is a centralized exchange based in the Cayman Islands. It also has four offices located in New York, China, Hong Kong, and Seoul. It supports spot trading, otc trading, and USD trading. Its mission is to drive the world towards a better financial system.

Website: https://www.bitmart.com/

About MXC.COM

Launched in Apr 2018, MXC is a centralized cryptocurrency exchange registered in Seychelles. It supports CNY, VND, USD, GBP, EUR, AUD deposit, and CNY, VND withdrawal.

Website: https://www.mxc.com

About ZBG.com Exchange

ZBG.COM is the world’s leading trustworthy crypto assets exchange based in Hong Kong. … ZBG now is officially available in 7 languages– Japanese, Korean, Vietnamese, English, Chinese, Turkish and Russian, and provides with fast, safe, convenient trading service for more than 1.2 million global users.

Website: https://www.zbg.com

About Gate.io

Gate.io gives you a wide variety of choices with 180 currencies and more than 400 markets. There are no deposit or withdrawal fees associated with it except a low trading fee of 0.2%. There are many features and tools like margin trading with 10x leverage.

Website: https://www.gate.io

About LetsExchange

LetsExchange is a one-stop multicurrency exchange service free of registration, limits, and complications. It supports 210+ coins, about 45,000 currency pairs, and automatically selects the best rate across all major crypto exchanges for each trade.

Website: https://letsexchange.io/


What do you think about this article? Do you own any Safemoon?
Please tell us in the comments section below.

Also if you like, please share.

3.7 3 votes
Article Rating


Follow us on Facebook, Twitter, Instagram, and Telegram, and don’t miss any crypto news.


Disclaimer:

The information expressed in this article is solely those of the author and do not necessarily reflect the vies of CryptoDeFinance.  Each and every investment and trading move involves high risk. You should always conduct your own research when making a decision in crypto investment.
Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on tumblr
Share on telegram
Share on whatsapp

Ana Teixeira

Hi! I am Ana and I am a crypto enthusiast. Enjoy my articles, share them and don't forget to drop a comment. If you like us and our news, share the posts and comment. Your visit and interaction is very important to us.
Subscribe
Notify of
guest
1 Comentário
Most Voted
Newest Oldest
Inline Feedbacks
View all comments

MORE NEWS

Yield Farming is one of the main innovations brought by decentralized finance (DeFi) to the cryptocurrency market. And, without a doubt, it was one of the reasons for the explosion of these projects in the year 2020. So if you want to know more about what is Yield Farming, read further.

So, you want to know a little more about what are Liquidity Pools and how they work in the Defi Market?! In a small resume, Liquidity pools are the foundation of automated revenue-generating platforms. There are probably many other uses for them that have not yet been discovered. Read further to learn more.

bitcoin
Bitcoin (BTC) $ 42,107.00
ethereum
Ethereum (ETH) $ 2,862.72
cardano
Cardano (ADA) $ 2.04
binance-coin
Binance Coin (BNB) $ 354.36
dogecoin
Dogecoin (DOGE) $ 0.207656
matic-network
Polygon (MATIC) $ 1.08
pancakeswap-token
PancakeSwap (CAKE) $ 18.35
1
0
Would love your thoughts, please comment.x
()
x
Don't Miss The Latest Crypto News! Subscribe Now