What Is The Easiest Way For People to Buy SafeMoon Token?
2022-04-29 15:30:16
Where Is SafeMoon Available For Purchasing And Trading?
The cryptocurrency industry is growing and maturing at an incredible pace. Thinking that, in 2018 the number of cryptocurrencies worldwide was a little more than 1,500 (March 2018) and now is more than 10,000 (February 2022), we can immediately confirm that this is a phenomenon no longer confined to a small group of people. However, a considerable number of cryptocurrencies have crashed (‘dead coins’), highlighting the fact that some of them just fail to take off. Reasons are many, such as security issues, poor programming, or fraud. One of the latest trends in the cryptocurrency world is definitely the so-called Decentralized Finance (DeFi) which aims to bring innovation to traditional finance, eliminating the need to depend on an intermediary.
(Data Sources: https://www.statista.com/statistics/863917/number-crypto-coins-tokens/#:~:text=How%20many%20cryptocurrencies%20are%20there,of%20digital%20coins%20in%202013.)
The SafeMoon Protocol comes from this ideal. The protocol’s token, SafeMoon price, was launched on March 8th 2021 and its developers are keen to promote the ‘buy and hold’ philosophy by penalizing sellers and incentivizing holders. SafeMoon Protocol should gain value over time because of its coin-burning strategy making it a deflationary currency. Should it succeed in growing in popularity, then it is likely to be listed on many other crypto exchanges (so far only a few have introduced it).
PancakeSwap is a decentralized exchange (DEX) for swapping BEP20 tokens on Binance Smart Chain. There is a swap pair SFM/WBNB, that means users should be able to have the wrapped version of BNB in their wallet in order to be able to obtain SFM. If the first method was a little difficult, this is a bit more.
In most cases it is easier to get our favorite coins by using a centralized exchange, and this one is not an exception. The best place to buy SafeMoon is definitely Gate.io: one of the oldest cryptocurrency exchanges in the world and still one of the most stable and reliable. It has recently become the second largest crypto exchange by trading volume, for which we can thank the large number of coins available (over 1,400). Gate.io users can easily buy SFM at a fair price with a few simple steps, as well as hold it safely within the platform.
The cryptocurrency industry is growing and maturing at an incredible pace. Thinking that, in 2018 the number of cryptocurrencies worldwide was a little more than 1,500 (March 2018) and now is more than 10,000 (February 2022), we can immediately confirm that this is a phenomenon no longer confined to a small group of people. However, a considerable number of cryptocurrencies have crashed (‘dead coins’), highlighting the fact that some of them just fail to take off. Reasons are many, such as security issues, poor programming, or fraud. One of the latest trends in the cryptocurrency world is definitely the so-called Decentralized Finance (DeFi) which aims to bring innovation to traditional finance, eliminating the need to depend on an intermediary.
(Data Sources: https://www.statista.com/statistics/863917/number-crypto-coins-tokens/#:~:text=How%20many%20cryptocurrencies%20are%20there,of%20digital%20coins%20in%202013.)
The SafeMoon Protocol comes from this ideal. The protocol’s token, SafeMoon price, was launched on March 8th 2021 and its developers are keen to promote the ‘buy and hold’ philosophy by penalizing sellers and incentivizing holders. SafeMoon Protocol should gain value over time because of its coin-burning strategy making it a deflationary currency. Should it succeed in growing in popularity, then it is likely to be listed on many other crypto exchanges (so far only a few have introduced it).
Where Can Crypto Investors Buy SafeMoon?
By visiting the project’s website and following the instructions provided by the team, people can download the wallet and purchase BNB coin relying on a third-party service called MoonPay. After doing this, the BNB coin must be finally swapped for SFM. This process may be a bit too cumbersome for newbies, as well as the second method that we will explain below.PancakeSwap is a decentralized exchange (DEX) for swapping BEP20 tokens on Binance Smart Chain. There is a swap pair SFM/WBNB, that means users should be able to have the wrapped version of BNB in their wallet in order to be able to obtain SFM. If the first method was a little difficult, this is a bit more.
In most cases it is easier to get our favorite coins by using a centralized exchange, and this one is not an exception. The best place to buy SafeMoon is definitely Gate.io: one of the oldest cryptocurrency exchanges in the world and still one of the most stable and reliable. It has recently become the second largest crypto exchange by trading volume, for which we can thank the large number of coins available (over 1,400). Gate.io users can easily buy SFM at a fair price with a few simple steps, as well as hold it safely within the platform.
The Importance of Relying on Secure Services.
Almost every day, we hear about frauds, hacks and outright losses of funds, so it is crucially important to choose carefully which services we want to rely on. Both, exchanges and DeFi platforms must have a fairly long and solid history that make them trustworthy and thus, prevent unpleasant incidents.Popular News
