The most popular method on the internet for purchasing SafeMoon is by downloading the TrustWallet App and purchasing Binance or Bowscoin. Where and how to buy SafeMoon is also not a common topic, and many people are not aware of the complicated process involved in first obtaining Smart Chain crypto that runs with a network like Binance and then converting Smart Chain to SafeMoon. Yet, it operates differently from other cryptocurrencies too because it focuses on the long-term picture, which might be how it justifies those sky-high fees associated with selling SafeMoon tokens. SafeMoon is a newcomer to the world of digital assets, but it has sparked much controversy due to its volatility and almost unheard of transaction fees. Whether you’re an avid follower of cryptocurrency trends or not, you may have come across the latest alternative coin or a coin other than Bitcoin called SafeMoon. The most recognized cryptocurrency is Bitcoin followed by others like Ethereum. It is not intended to be relied upon as a professional or financial decision-making tool.Ī Guide on Where and How to Buy this Newcomer Cryptocurrency.ĭigital assets or cryptocurrencies have sparked interest for the past few years. The information presented is general in nature and may not meet the specific needs of any individual or entity. Fully expect to lose every single dollar you put into it I feel like that disclaimer is much needed.This content represents the writer’s opinions and research and is not intended to be taken as financial advice. YouTuber Xpod78 in a buying guide said: "This is so incredibly risky, this is like the top bar of risk you can get. One reddit user said: "I completely agree that once they get listed on an exchange this could easily blow up." ![]() ![]() Some cryptocurrency enthusiasts are excited about the coin, whilst some are skeptical. Confirm the transaction on your wallet and hold!" ![]() Before you swap please ensure you click the gear icon and set slippage to 11%. "Withdraw BNB to your wallet address and be sure to select the BSC Network (BEP20). SafeMoon states: "Set up your wallet to work on the Binance Chain Network. For SafeMoon, either Trust or Metamask are the two wallets the organization says should be used. To buy SafeMoon, cryptocurrency users have to buy a Binance Coin (BNB) first, and then essentially swap it for SafeMoon.įirst, users must set up a crypto wallet in which their coins can be kept. The organization said website issues may occur due to "unexpected" demand. The SafeMoon website appeared to be down at the time Newsweek tried to load it. One Reddit user claimed a whitepaper-a report that highlights the features of a product such as a cryptocurrency-is available on the website, but others said they had trouble accessing it. The mechanism by which SafeMoon rewards participants involves issuing a 10 percent penalty tax fee on sellers and redistributing five percent of this to people who already own the currency. Going "to the moon" is a phrase popularized in recent times by the WallStreetBets community on Reddit, who use it in reference to an asset price soaring. Its Facebook page states: "Remember, getting to the moon takes time and the longer you hold the more tokens you pick up."
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |