![]() If done well, however, and with a bit of luck, one can easily make a fortune out of this coin. Such a cryptocurrency demands plenty of experience, focus, and time. On the other hand, SafeMoon has still seen substantial price volatility, even despite the sale fees that are aimed to prevent investors from selling their tokens.Īll that means that SafeMoon investors are prone to both big gains and big losses. On the one hand, its founders have gone to notable lengths to ensure the stability of the coin. There exist certain distinct pros and cons to SafeMoon crypto stock. Is SafeMoon on Robinhood a good investment Have done due research on your crypto stock of choice.If you’re planning to try your hand at trading SafeMoon and becoming an investor, make sure that you: It is not for everyone, nor should it generally be relied upon for funding retirement or building a nest-egg. Investing in SafeMoon is high-risk, high-reward. Congratulations! You have successfully bought your SafeMoon crypto stock! Enter the amount you want to buy or how many of your existing coins you want to spend. You should now see the price chart of the selected coin pair and the Buy SafeMoon option below it. For this, select your coins as the first in the pair, and search for “safemoon” as the second coin for the pair (so you will see SAFEMOON/). Once the transaction is verified, you will see your crypto coins transferred to the second exchange.įinally, buy SafeMoon on the second exchange using the coins you’ve just transferred there. To do this, find the crypto address of your wallet in the latter exchange, copy it, paste it to the Recipient field in your portfolio in the former exchange, and click Send. Now you want to transfer your existing crypto coins from the original exchange to the one with SafeMoon. Step 4: Deposit your coins to the exchange Register on such a crypto exchange and complete the similar process you’ve gone through in step 1. However, this method may hurt Safemoons chances. Next, find an exchange where SafeMoon is available (e.g. Binance does not currently support Safemoon trading, even with the mountain of Safemoon posts asking the exchange to list it. Step 3: Transfer your coins to an exchange selling SafeMoon Using cards means instant purchase, although you will also be charged higher fees.Īfter registering a payment method, click the Trade button, choose the major crypto coin you want to buy, and confirm your transaction. The former is a cheaper but generally slower option. Once the registration process is completed, add a payment method to your account (e.g. Sign in, confirm your account, verify your identity, and complete other steps required by the platform. Where to buy crypto for SafeMoon? Some of the most popular exchanges are Binance, Coinbase, and Gate.io. And to do that, you will need an account on a crypto exchange platform that accepts fiat deposits. Meanwhile, this November tweet from Binance attracted Safemoon holders who thought it could be a hint at an upcoming Safemoon listing.Before trading with SafeMoon, you will have to buy Bitcoin, Ethereum, or another major cryptocurrency. With the upgrade to Safemoon V2, the cryptocurrency states it will be "easier to list Safemoon on exchanges", with some Safemoon holders hoping this will lead to a Safemoon listing on Binance. ![]() However, this method may hurt Safemoon's chances. Is Safemoon listed on Binance?īinance does not currently support Safemoon trading, even with the mountain of Safemoon posts asking the exchange to list it. However, despite its popularity, buying Safemoon through a cryptocurrency exchange isn't so simple. With increased user interest, it is among the most-watched cryptocurrencies on CoinMarketCap. Safemoon, a cryptocurrency token launched in March 2021, has soared to become one of the most popular new cryptocurrencies of 2021, but is it available on Binance?īuilt with three core layers for conducting secure transactions, Safemoon's rapid popularity has been gaining momentum since its launch.
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