SafeMoon and the expectation that has arisen around how to buy SafeMoon and where to buy SafeMoon crypto, best exemplifies the revolution that cryptocurrencies are assuming in the financial markets.
SafeMoon was launched in March 2021, today adds about two million investors in just two months since its launch, reaching its price multiplied by 12,000%, thanks to the rush to buy SafeMoon during the month of April.
If you are interested in learning how to buy SafeMoon in the fastest and easiest way, and through a completely safe broker, you have come to the right place.
In this article, we will show you what SafeMoon is, what are the advantages and disadvantages of buying SafeMoon, and we will teach you how to do it through a simple tutorial. We will also answer users’ frequently asked questions about SafeMoon. Furthermore, if you want to want to predict the price of SafeMoon in the future, you might want to check the Safemoon prediction article here.
Table of Contents
What is SAFEMOON?
SafeMoon is the token of the “Safely to the Moon” platform. Founded in the USA, it was launched in March 2021 and has already accumulated more than 1.5 million users. SafeMoon has become largely popular thanks to young investors who, from the TikTok platform, have unleashed a real rush to buy cryptocurrencies like SafeMoon.
SafeMoon is an altcoin– a digital currency based on a blockchain very similar to that of Bitcoin. In practice it has ended up competing against Dogecoin, introducing a simpler version of decentralized finance, with a lower barrier to entry, having recently launched on the market.
The value of SafeMoon has increased rapidly, as in May 2021 it has reached its all-time high, and you can buy SafeMoon for $0.00001094, doubling its peak in early April, and with a sharp increase in value since its launch when its price was $0.0000000010. Therefore, many people want to know how to buy Safemoon.
Read Also: How to buy Shiba Inu coin
SafeMoon is a very unusual digital currency, as it imposes a penalty in the form of a commission on anyone who tries to exchange their tokens and at the same time compensates the users who keep them by distributing that commission.
SAFEMOON is listed on a number of crypto exchanges, unlike other major cryptocurrencies, it cannot be purchased directly with fiats money. However, you can still buy this coin easily by first buying USDT from fiat to crypto exchange and then switching to the exchange that offers to trade this currency. In this guide article, we will go through the steps in detail to buy SAFEMOON.
How to Buy Safemoon
Step 1: Register on Coinbase
You will first need to buy one of the main cryptocurrencies, in this case, USDT (USDT). In this article, we will guide you in detail through two of the most widely used fiat-to-crypto exchanges, Uphold.com and Coinbase. Both exchanges have their own fee policies and other features that we will discuss in detail. It is recommended that you try both and find out which one suits you best.
Coinbase is also one of the largest crypto exchanges that accept fiat deposits. Use the link below to register with Coinbase and you will receive a free amount of $10 to BTC after purchasing $100 worth of cryptos.
Step 2: Buy USDT with fiat money
Once you have completed the KYC process. You will be prompted to add a payment method. Here you can choose to provide a credit/debit card or use a bank transfer. You will be charged a higher fee when using cards, but you will also make a purchase immediately. While a bank transfer will be cheaper but slower depending on the country where you live, some countries offer direct cash deposits at low costs, such as iDeal in some European countries.
Now you’re all set, click on the ‘Trade’ button in the top left, choose USDT and confirm your transaction… And congratulations! You just made your first crypto purchase.
Step 3: Move USDT to an Altcoin Exchange
But we are not ready yet, since SAFEMOON is an altcoin, we need to transfer our USDT to an exchange that safemoon can be traded, here we will hotbit as our exchange. HotBit is a popular exchange to trade altcoins and has a large number of tradable altcoins pairs. Use the link below to register your new account.
Founded in 2018 and held by an Estonian MTR license, US MSB license, an Australian AUSTRAC license and a Canadian MSB license. , cryptocurrency investments and DAPP in one platform. Hotbit now allows U.S. investors. Hotbit’s companies currently cover more than 210 countries and territories. Based on its globalized and unified strategies, HotBit continues to focus on emerging markets around the world, such as Russia, Turkey and Southeast Asia and was ranked in the top 3 most welcomed exchanges by Russian media in 2019.
After going through a similar process to what we’ve done with Coinbase before, you’re advised to also set up 2FA authentication, and complete it because it adds extra security to your account.
Step 4: Deposit USDT to exchange
Depending on the policy of the exchange, you may need to go through another KYC process, this usually takes 30 minutes to possibly a few days maximum. Although the process should be straightforward and easy to follow. When you’re done, you should have full access to your exchange portfolio.
If this is the first time you make a crypto deposit, the screen here can seem a little scary. But don’t worry, it’s basically easier than making a bank transfer. In the box on the right, you will see a series of random numbers that say ‘USDT address’, this is a unique public address of your USDT wallet at HotBit and you can receive USDT thereby giving this address to the person you need to send the money. Since we are now transferring our previously purchased USDT to Coinbase to this wallet, click ‘Copy address’ or right-click on the full address and click copy to grab this address to your clipboard.
Now go back to Coinbase, go to the Portfolio page and click USDT in your asset list, then click ‘Send’ on the right.
Under the Recipient field, paste the wallet address into your clipboard. For security reasons, always check that both addresses match. It is known that there is certain computer malware that would change the content on your clipboard to a different wallet address and will in fact send you money to another person.
Click on ‘Send’ to continue, you should receive a confirmation email immediately, click on the confirmation link in the email and your coins are on their way to HotBit!
Now go back to HotBit and go to your exchange wallets, don’t worry if you haven’t seen your deposit here. It is probably still verified in the blockchain network and it should take a few minutes for your coins to arrive. Depending on the network traffic status of the USDT network, it may take even longer during busy times.
You should receive a confirmation notification from HotBit once your USDT has arrived. And you are finally ready to buy SAFEMOON!
Step 5: Exchange SAFEMOON
Go back to HotBit, then go to ‘Exchange’. tree! What a view! The constantly waving figures maybe a little scary, but relax, let’s look around this.
In the right column there is a search bar, now make sure that ” USDT ” is selected because we trade USDT with altcoin pair. Click on it and type in “SAFEMOON”, you will see SAFEMOON/USDT, select that pair and you need to see a price chart of SAFEMOON/USDT in the middle of the page.
Below is a box with a green button that says “Buy SAFEMOON”, inside the box, choose the tab “Market” here, because that is the most simple type of purchase order. You can type in your amount or choose which part of your deposit you want to spend on buying, by clicking the percentage buttons. Once you have confirmed everything, click on “Buy SAFEMOON”. Voila! You finally bought SAFEMOON!
Apart from the above exchange(s), there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This ensures that you can sell your coins at any time and that the cost is usually lower. It is recommended that you also register on these exchanges since once SAFEMOON is mentioned, it will attract a large number of trading volumes from the users there, which means that you will have some great trading opportunities!
Binance
Binance is a popular cryptocurrency exchange that started in China but then moved its headquarters to the crypto-friendly island of Malta in the EU. Binance is popular for its crypto-to-crypto exchange services. Binance exploded on stage in the mania of 2017 and has since become the best crypto exchange in the world. Unfortunately, Binance does not allow U.S. investors, so we recommend that you sign up to other exchanges that we recommend on this page.
HUOBI GLOBAL
Huobi is originally a Chinese crypto exchange. From what it seems, it is now registered in Seychelles. This exchange is one of six exchanges in Seychelles. The liquidity at Huobi is impressive. Liquidity, along with customer support that is open 24 hours a day 365 days a year and good security. If you sign up with Huobi via our link below, you will receive a series of welcome bonuses, as follows:
- USDT 10 when you have registered and verified your profile,
- USDT 50 when you have deposited/purchased 100 USDT of tokens through Huobi OTC, and
- A chance of up to USDT 60 when you have completed at least 100 USDT of crypto-to-crypto trading. Huobi does not allow U.S. investors on its stock market.
Can I buy SAFEMOON in cash?
There is no direct way to buy SAFEMOON with cash. However, you can use marketplaces like LocalBitcoins to buy USDT first and complete the rest of the steps by taking your USDT to the respective AltCoin exchanges.
LocalBitcoins is a peer-to-peer Bitcoin exchange. It is a marketplace where users can buy and sell Bitcoins to and from each other. Users, called merchants, create ads with the price and payment method they want to offer. You can choose to buy on the platform from sellers from a certain nearby region. after all, is a good place to buy Bitcoins if you can’t find the payment methods you want anywhere else. But the prices are usually higher on this platform and you need to do your due diligence to avoid being scammed.
Are there quick ways to buy SAFEMOON in Europe?
Are there alternative platforms to buy SAFEMOON or Bitcoin with credit cards?
yes. is also very easy to use platform for buying Bitcoin with credit cards. It is a direct exchange of cryptocurrency that allows you to quickly exchange crypto and buy with a bank card. The user interface is very easy to use and the buying steps speak for themselves.
How much can I earn by investing in SafeMoon?
Normally this will depend on our skills as traders, but thanks to SafeMoon, we have the option to make money simply by keeping our tokens, this is due to the 5% incentives that SafeMoon distributes among its users for each sale made by other investors. We must not forget the good time that this cryptocurrency has gone through in its short time of life.
Is it safe to buy SafeMoon?
As always, when we buy SafeMoon through a properly regulated broker that meets all legal requirements, buying SafeMoon will be a completely safe undertaking. We must take into account in addition to the security of our broker the movements of the market since we will never have complete certainty about when any cryptocurrency can crash.
Who has backed SafeMoon?
As we mentioned earlier in the article, Sheldon Xia, founder and CEO of BitMart, had very good words about SafeMoon. While the famous YouTuber Jake Paul promoted SafeMoon among his more than four million followers.
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