In a short time, the most talked about cryptocurrency in the crypto world and the addressee of the questions What is SafeMoon, maybe there is no one who has not heard of SafeMoon.
In this content, we will try to give you answers to all the questions about SafeMoon, such as how to buy SafeMoon and where to buy it, especially the answer to the question of what is SafeMoon.
What is SafeMoon?
SafeMoon; It is a DeFi token unit of a combination of RFO tokens and automated liquidity protocols.
Released on March 8, 2021; John Karony is the CEO of SafeMoon, which plans to develop NFT, charity projects and crypto education applications, and to create a private cryptocurrency wallet called SafeMoon Wallet, its own private blockchain named SafeMoon Blockchain.
SafeMoon, which was traded at a unit price of $0.00000031 at the first time it was released, and with the current unit price $ 0,000287 as of today, continues to become more and more popular.
SafeMoon, which has a similar infrastructure to the currency called Hoge Finance, states that a major problem occurring within the DeFi industry is the existence of APY LP-farms, which do not have easy access for those new to the industry.
One of the features that makes SafeMoon most special is a static reward system that rewards those who want to remove the sales pressure and retain SafeMoon for the long term. To explain this system more clearly, people who have SafeMoon earn an equal amount of commissions earned from people who sell SafeMoon as a reward. To sum up, the amount of SafeMoon you have will increase as others buy or sell.
Where to Buy SafeMoon?
Users and investors have two basic options to purchase SafeMoon. These options are:
- Buying SafeMoon from PancakeSwap
- Buying SafeMoon from Crypto Exchanges Listing SafeMoon
There is no difference between PancakeSwap and buying SafeMoon on crypto exchanges, except for one small detail. The little detail is: When you buy SafeMoon from PancakeSwap and keep the amount of SafeMoon you have in a wallet such as Trust Wallet, the reward tokens are instantly transferred to your account, while in crypto exchanges these rewards are transferred to your account periodically.
How to Buy SafeMoon?
Now that we have explained where SafeMoon can be buyed, now let’s explain how to buy SafeMoon. As we mentioned under the title of Where to Buy SafeMoon, in order to buy SafeMoon, you will either need to use the PancakeSwap platform or buy it from crypto exchanges that list SafeMoon.
We will explain how to buy SafeMoon separately for both PancakeSwap and crypto exchanges.
How to Buy SafeMoon from Crypto Exchanges?
In order to buy SafeMoon on crypto exchanges, you will first need to decide which of the crypto exchanges that list SafeMoon you will work with. As an example, we will explain the process of buying SafeMoon on the MEXC Exchange.
You can follow the steps below to buy SafeMoon on the MEXC Exchange:
- Login to your MEXC Exchange account. If you do not have an account on the MEXC Exchange, click here to open it immediately.
- After logging into your account, transfer the amount you want to buy SafeMoon to your account. Because of the convenient transfer fee, you can choose the Tron (TRX) crypto currency.
- After depositing money into your account, go to the Market page and convert to Tether (USDT) currency.
- Go back to the Market page and search SAFEMOON in the search section and select SAFEMOON/USDT parity.
- Specify the amount you want to buy on the page that opens and click the Buy SAFEMOON button to complete the purchase.
If you need support on the use of the MEXC Exchange, you can get support by clicking on the title below.
MEXC Exchange and Detailed User Guide
If you want to prefer alternative crypto exchanges that list SafeMoon instead of MEXC Exchange, you can choose the following exchanges:
- Click here to create an account on Gate.io Exchange and buy SafeMoon now.
- Click here to create an account on Bitmart Exchange and buy SafeMoon now.
Binance, the world’s most used crypto exchange, has not yet made a SafeMoon listing. Therefore, investors who do Safemoon Binance research and want to buy SafeMoon from Binance Exchange, unfortunately, have to wait for a while.
Buying SafeMoon Coins with PancakeSwap & Trust Wallet
SafeMoon first started trading on the PancakeSwap site as the Binance Smart Chain Network Token, and it managed to get serious demand as soon as it was released. It is not easy to get SafeMoon with PancakeSwap, it may even get on your nerves a little, but you can still get it if you act patiently and follow our recipe below.
First of all, you need to download the Trust Wallet application to your smartphone. Click here to download the application to your phone and click the App Store logo if your device is an iPhone, and the Google Play logo if it is an Android. If you are using an old Android phone, click the third option.
After downloading the application, you will need to perform a registration process. Click the Continue button on the screen you see when you open the application, then click Create Wallet on the page that opens and create a free wallet account. If you have opened an account before, the following option Already have a wallet? Continue by clicking on the text and verify the wallet code previously given to you.
If you are creating a new wallet and click on Create Wallet, a screen with mixed words will appear. Click on the Copy text at the bottom and write down the code consisting of words in a place where you will not lose or forget. After this process, proceed by clicking the Continue button again.
On the new screen, Trust Wallet, which mixed up the codes it gave you on the previous screen, will ask you to put the words in the correct order. If you perform this operation, that is, the ordering correctly, the button written Done at the bottom will be activated. If you make a wrong lineup, it will remain gray.
Congratulations! Your Trust Wallet account has been created! Now it’s time to send money to your Trust Wallet account… The first method is to log in to your Binance account. If you don’t have a Binance account, click here to create your account!
After opening your Binance account and sending money to your account, the first thing you need to do is open the Trust Wallet application, activate the Binance Smart Chain, and then transfer BNB in the BSC (BEP20) protocol from your Binance account. If you have no knowledge or weak knowledge on this subject, please consult someone who knows.
A second method is to purchase BNB with a credit card in Trust Wallet. In this method, you can make a minimum purchase of 50 dollars. After purchasing with Binance or credit card, you can go to the PancakeSwap page from the Browser section and make a SafeMoon purchase. You can see how to do it by watching the video below.
— SafeMoon (@safemoon) June 25, 2021
Frequently Asked Questions About SafeMoon
Below we have compiled the most frequently asked questions about SafeMoon for you and gave their answers. Questions and answers will be arranged regularly to give you the most accurate information.
What is SafeMoon Coin?
SafeMoon Coin is a term used among SafeMoon’s crypto users and investors, and is technically incorrect. Because SafeMoon is not a coin but a DeFi token unit. Therefore, any use that starts with SafeMoon Coin will be incorrect.
What is SFM Coin?
SFM Coin is a term used by crypto users and investors among themselves after SafeMoon received the SFM code as a code and is technically incorrect. Because SafeMoon is a token unit, not a coin. So correct usage should be SFM Token.
How are SafeMoon Reviews?
We can say that SafeMoon comments are at a very good level, even though the cryptocurrency is new. In fact, the most talked about cryptocurrency of the last period has been SafeMoon.
Is SafeMoon a Future Cryptocurrency?
It’s still early to talk about the future of SafeMoon, but judging by the current trajectory, the SafeMoon team is working very well and it looks like they will do a good job.
Is SafeMoon a Token or Coin?
SafeMoon is a token-enabled cryptocurrency. As it continues to be listed on exchanges, it may make a coin breakthrough in the future.
Where to Buy SafeMoon?
Can I Buy SafeMoon on Binance?
SafeMoon is not yet listed on the Binance Exchange, but it may soon take its place on the Binance Exchange with a surprise.
What is SafeMoon Wallet?
SafeMoon Wallet is SafeMoon’s official wallet app. SafeMoon Wallet, which arouses serious curiosity and interest with its features, will be able to store many cryptocurrencies, especially SafeMoon.
What is SafeMoon Blockchain?
SafeMoon Blockchain is SafeMoon’s official blockchain application and it has started working quickly. The local currency of SafeMoon Blockchain, which will be a blockchain entirely specific to the SafeMoon Protocol, will also be SafeMoon.
What is SafeMoon Protocol?
SafeMoon Protocol is a combination of RFO tokens and automated liquidity protocols. SafeMoon is the digital asset of SafeMoon Protocol.
What is SafeMoon Swap?
SafeMoon Swap is SafeMoon‘s own cryptocurrency trading platform. Thanks to SafeMoon Swap, users will be able to exchange between SafeMoon (SFM) and other cryptocurrencies. Currently, the platform can only exchange between SFM and BNB (Binance Coin) and WBNB, but the options will be increased in the future.
Another important aspect of the SafeMoon Swap platform is that it has accelerated the burning process. In all transactions performed through SafeMoon Swap, 0.25% of the total amount is cut and 0.03% is burned.
You can click here to visit the SafeMoon Swap website.
Which Exchange will SafeMoon be Listed on?
The SafeMoon team instantly notifies which exchanges they will be listed on. SafeMoon is currently listed on 5 exchanges and is most commonly purchased on PancakeSwap and the MEXC Exchange.
How much is 1 SafeMoon?
Click here to view the SafeMoon how many dollars, how many euros and the SafeMoon chart.
Official and Followable Accounts of SafeMoon
SafeMoon (SFM) Official Website
SafeMoon (SFM) Twitter
SafeMoon (SFM) Facebook
SafeMoon (SFM) Instagram
SafeMoon (SFM) Telegram
SafeMoon (SFM) Discord
SafeMoon (SFM) YouTube
SafeMoon (SFM) Reddit
SafeMoon (SFM) CoinMarketCap
SafeMoon (SFM) CoinGecko
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