How to Buy Safemoon crypto ?
Although Binance is one of the most popular platforms for trading Cryptocurrencies, it still does not have Safemoon Crypto. However, they are still constantly reviewing and adding new Cryptocurrencies to be traded on their Blockchain.
However, you can still buy Safemoon using a decentralized exchange or Dex and your crypto wallet. I have provided you with a small step-by-step guide to purchasing the Safemoon crypto.
How To Buy Safemoon Crypto?
If you want to buy Safemoon cryptocurrency, you can follow the steps mentioned below –
1. Download A TrustWallet Wallet
The BNB Chain network supports different crypto wallets, and theTrustWallet is one of the most trusted Wallets to be used within the BNB Chain of networks. You can use the Chrome browser on your desktop and download the Chrome extension for this wallet. However, if you are a mobile user, you can download the wallet app on your phone from the Play Store. iOS phone users can go to the App Store to see if the app is available.
However, make sure that you are downloading the official version of the app or the app. YOu can go to the TrustWallet website for confirmation.
2. Now, Set Up Your TrustWallet Account
Now that you have downloaded the extension or the app on your device, you are ready to set up your TrustWallet account on your mobile or desktop. If you need any reference, you can refer to Wallet’s support page. However, ensure that your seed phrase is safe; also, note down your wallet address. You will be using the wallet address going forward.
3. Buy BNB Chain As Your Base Currency
Now that you are done setting up your Cryptocurrency wallet, you have to log in to your Binance account to proceed with the Buy & Sell Crypto webpage. This will allow you to buy the BNB Chain.
4. Send BNB Chain To Your Crypto Wallet From Binance
Once you are done buying BNB Chain, you have to look for the BNB Chain in your Binanace Wallet section. Now fill up the information required after clicking on Withdraw. Now, set the network to the BNB chain and give the wallet address and the price amount you want to transfer. You have to click on the withdraw button. This will prompt the BNB chain to appear in the TrustWallet account.
5. Choose The DEX
You can choose from several DEXs; however, you should ensure that the wallet of your choice is supported by the exchange. For example, TrustWallet wallet users can make transactions on Pancake Swap.
6. Connect Your Wallet
Now, you have to connect the TrustWallet wallet that you created with the DEX you are planning to use. For this, you have to use the wallet address mentioned in step 2.
7. Trade The BNB Chain With The Coin You Want To Purchase
Since you asked How to buy safe moon crypto, you have to choose the Safemoon coin for purchase. You can use your BNB Chain as a payment for the Safemoon Coin you want to buy.
8. Look For Safemoon Smart Contract
If the Safemoon coin does not appear, you can look for their smart contract address instead. Then you can paste the smart contract address into Pancake Swap. However, you should try to avoid possible scams by making sure the smart contract address you got is official. Click on the Swap button once you are done completing the steps as mentioned above.
Where To Buy Safemoon?
Cryptocurrencies are growing in popularity these days. A massive portion of the global population is trading Cryptocurrencies or investing in them. This gives rise to an increased number of Cryptocurrencies. If you want to buy safe moon cryptocurrency, you can do so from many of the cryptocurrency exchanges available. You can exchange your Safemoon currency for Fiat money like INR or USD.
You can buy or sell your Safemoon coin on exchanges like –
- Pancake Swap
Binance exchange still has not listed the Safemoon cryptocurrency for trade. However, you can use the steps I have shared in this article to buy or sell Safemooon cryptocurrency using the BNB chain. But where to buy Safemoon crypto in US? If you are from the US, you can use the Coinbase cryptocurrency
Why Should You Buy Safemoon Crypto?
So what are the reasons for Buying Safemoon Cryptocurrency? Here are five reasons why you should be buying Safemoon Cryptocurrency –
1. Take Control Of Your Assets
Like all the other decentralized cryptocurrencies, you can own and store your cryptocurrency assets using Safemoon. No third party or intermediary can intervene between you and your asset. No trading exchange or any middleman can determine the value of your coins. Traders can profit from the current universal exchange price of the coin, which facilitates full transparency.
2. Limited Supply
They have a fixed supply of Safemoon coins in supply which makes them worth owning, and they are also considered assets. These are deflationary assets, and they will eventually have increased value.
3. Transparent & Secure
The Safemoon cryptocurrency is an open-source technology and is publicly verifiable. It is completely transparent regarding its policies. The popularity of these two cryptocurrencies is mainly due to their transparency and security.
4. Good For Long Term Investment
Since the Safemoon cryptocurrencies have a closed market cap, they are assets for long-term investment. With time their demand might increase, and you can leverage from the increment in their value price. You can add it to your investment portfolio and make it a part of your investment plan.
5. 24x7x365 Trading Option Open
If you want to trade using Safemoon Cryptocurrency, you can do so 24×7 anytime throughout the year. You can buy and sell your Safemoon coin any time of the week.
If you were asking – How to buy Safemoon Crypto?- then you can go through the steps mentioned in this article However, these steps are applicable for buying Safemoon using the BNB chain. However, you can choose any exchange platform of your choice to buy Safemoon coins. BuyUcoin, for example, is another good platform to buy Safemoon from.
I hope you have found the answer you were looking for. However, if you have any additional questions, you can ask them in the comment section. We will get back to you as soon as possible.