It’s not much of an issue, but it’s also a fact that purchasing SafeMoon is not just a straightforward process.
By following these easy-to-follow, step-by-step instructions, you will have your decentralized tokens quite conveniently. In this guide, PancakeSwap is used as the primary exchange for SafeMoon.
Alternatively, you may buy Safemoon via PancakeSwap in similar steps.
Download the Safemoon Wallet and follow the steps to make your wallet. Always remember to keep the 12-word seed phrase a secret! Could you not share it with anyone ever? We will never ask you for your seed phrase, ever!
Temporary notice: Since Wyre has not yet activated BNB: If you imported your wallet, you could buy BSC on your original wallet, and it should show in your Safemoon Wallet.
Click on the “Buy” button at the top of the app, and select Smart Chain (BNB). Continue through with the purchase. This step is not instant and may take a few minutes to complete your transaction. Just be patient!
Click on the swap button at the bottom. Ensure that the slippage is at 12%, that Smart Chain (BNB) is in the top slot, and that Safemoon is in the bottom. Just click swap!
All that’s left now is to HODL and see your balance grow from reflections!
The number of people investing in SafeMoon has risen beyond expectations in the last couple of months. Cryptocurrency community experts seem to be quite optimistic about the SafeMoon price.
After technical analysis, WalletInvestor estimates that the price of a SafeMoon coin will rise to $0.000051 in just one year and will further lead up to $0.000237 in the next five years.
DigitalToken puts its SafeMoon prediction at $0.00000870 between 2021-2022 and $0.00001690 over the next five years.
The number of people investing in SafeMoon has risen beyond expectations in the last couple of months. Well, Don’t forget that these are just predictions.
And with a glance at any crypto token price chart, one thing would be pretty straightforward; it is likely to be very highly volatile.
The previous data shows that SafeMoon is among the most volatile token currently available in the market.
However, It would not be wrong to conclude that it’s too early to tell what impact SafeMoon’s sales tax will have on potential investor appetite.
The stats speak for themselves how significant the potential is; with over 2.4 million holders and almost more than $50 million locked in the liquidity pool, SafeMoon is exactly a Defi project with over $1 billion market capitalization, according to CoinMarketCap.
Even if SafeMoon users desire to achieve some stability through the fees imposed on investors who sell their digital tokens, substantial price uncertainty is still there. Well, depending on their financial situation, Investors could have made both impressive gains and staggering losses. As the digital currency market is considered quite similar to gambling so don’t invest your entire life savings in this asset class.
Though the data shows that the rewards gained from the SafeMoon in the cryptocurrency market are exceptional still many experts are concerned about this frequent price fluctuation.
In the real world, Digital currencies are still struggling hard to achieve mainstream financial recognition. The potential to earn financial rewards with SafeMoon is relatively high but not definite.
Secondly, the whole process of buying SafeMoon is quite simple, and with a SafeMoon wallet, your digital asset is well-secured. The most important thing to remember is that SafeMoon is a cryptocurrency that refuses to bow down to central government pressures or be chained in defective and regulatory monetary shackles.
SafeMoon token value will rise next few years and like Dogecoin and other virtual currencies, it will help also make people rich by helping them make insane financial rewards.