Beginners Guide: What Is The Best Way To Own Safemoon?
2022-04-14 09:45:30
What Exchanges Sell SafeMoon?
SafeMoon is a cryptocurrency token launched in early 2021, using blockchain technology developed by Binance. Throughout 2021, SafeMoon was endorsed by celebrities such as sports blogger David Portnoy, rapper Lil Yachty and YouTuber Jake Paul, which helped quickly push up SafeMoon price. As a decentralized finance (DeFi) token，Safemoon is regarded to be part of an alternative financial system, enabling trade on peer-to-peer chain networks free of the intervention of centralized systems such as banks or governments. Similar to Bitcoin and other digital currencies, Safemoon runs on a blockchain network. However, what distinguishes safemoon tokens from other cryptocurrencies is that investors are encouraged to hold, rather than sell their tokens because it will charge a 10% fee whenever you sell Safemoon. If you are a beginner who is interested in buying Safemoon, this article may help guide you.
Where Can A Beginner Buy Safemoon?
For most investors, exchanges are the first choice to buy cryptocurrencies like Safemoon, Bitcoin, Shiba Inu Coins and so on. This is a list of the most reliable and secure top exchanges where you can buy safemoon.
•Binance
Binance is the largest exchange in the world. SafeMoon, as it is known, was created on the Binance Smart Chain, a standard token based on the CP-20 standard. So it makes sense that Binance is a good platform to own SafeMoon.
Note that in order to purchase SafeMoon on Binance, you first need to purchase some BNB tokens on Binance. However, you can get a 25% discount by using BNB to pay your security fees, which means that holding the token has its advantages as well. SafeMoon can then be exchanged on the SafeMoon exchange platform using the BNB token.
•Coinbase
The next place you should look to buy SafeMoon coins is Coinbase, one of the best cryptocurrency exchanges for beginners. Coinbase also has hundreds of different cryptos and cryptocurrency wallets, called the Coinbase Wallet.
You can purchase SafeMoon through Coinbase, using the same method as buying SafeMoon through Binance. Using the Coinbase wallet, you can buy cryptocurrencies through the Australian Dollar and then exchange them for SafeMoon.
•Gate.io
Gate.io is the most convenient exchange to buy Safemoon which is preferred by most investors due to the simple and fewer steps. With a simple and friendly user interface, Gate.io has quality features for all levels regardless if you are a pro or a beginner . Besides Safemoon, you can also buy other 1400+ currencies there. On top of that, Gate.io utilizes the latest 2FA technology to protect your assets. Gate.io enables transactions with a credit card, bank transfer and P2P trade options.
● Sign up on the official website or Gate.io APP.
● Click on the “buy crypto” button and select credit card.
● Enter your amount and choose USDT coin
● Select the service provider and click on“purchase”.
● Click on“spot trading” and select “Safemoon/USDT” trading pair
● Enter the amount and click the “Buy”button
SafeMoon is a cryptocurrency token launched in early 2021, using blockchain technology developed by Binance. Throughout 2021, SafeMoon was endorsed by celebrities such as sports blogger David Portnoy, rapper Lil Yachty and YouTuber Jake Paul, which helped quickly push up SafeMoon price. As a decentralized finance (DeFi) token，Safemoon is regarded to be part of an alternative financial system, enabling trade on peer-to-peer chain networks free of the intervention of centralized systems such as banks or governments. Similar to Bitcoin and other digital currencies, Safemoon runs on a blockchain network. However, what distinguishes safemoon tokens from other cryptocurrencies is that investors are encouraged to hold, rather than sell their tokens because it will charge a 10% fee whenever you sell Safemoon. If you are a beginner who is interested in buying Safemoon, this article may help guide you.
Where Can A Beginner Buy Safemoon?
For most investors, exchanges are the first choice to buy cryptocurrencies like Safemoon, Bitcoin, Shiba Inu Coins and so on. This is a list of the most reliable and secure top exchanges where you can buy safemoon.
•Binance
Binance is the largest exchange in the world. SafeMoon, as it is known, was created on the Binance Smart Chain, a standard token based on the CP-20 standard. So it makes sense that Binance is a good platform to own SafeMoon.
Note that in order to purchase SafeMoon on Binance, you first need to purchase some BNB tokens on Binance. However, you can get a 25% discount by using BNB to pay your security fees, which means that holding the token has its advantages as well. SafeMoon can then be exchanged on the SafeMoon exchange platform using the BNB token.
•Coinbase
The next place you should look to buy SafeMoon coins is Coinbase, one of the best cryptocurrency exchanges for beginners. Coinbase also has hundreds of different cryptos and cryptocurrency wallets, called the Coinbase Wallet.
You can purchase SafeMoon through Coinbase, using the same method as buying SafeMoon through Binance. Using the Coinbase wallet, you can buy cryptocurrencies through the Australian Dollar and then exchange them for SafeMoon.
•Gate.io
Gate.io is the most convenient exchange to buy Safemoon which is preferred by most investors due to the simple and fewer steps. With a simple and friendly user interface, Gate.io has quality features for all levels regardless if you are a pro or a beginner . Besides Safemoon, you can also buy other 1400+ currencies there. On top of that, Gate.io utilizes the latest 2FA technology to protect your assets. Gate.io enables transactions with a credit card, bank transfer and P2P trade options.
● Sign up on the official website or Gate.io APP.
● Click on the “buy crypto” button and select credit card.
● Enter your amount and choose USDT coin
● Select the service provider and click on“purchase”.
● Click on“spot trading” and select “Safemoon/USDT” trading pair
● Enter the amount and click the “Buy”button
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