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Having started in March of 2021 as just another cryptocurrency token, SafeMoon has already announced plans to launch its blockchain, crypto exchange, hardware wallet, and internet of things infrastructure based on its blockchain.

If you’re interested in knowing where to buy SafeMoon, this guide will discuss how to buy SafeMoon using Trust Wallet, exactly how to buy SafeMoon on Trust Wallet, and other factors.

How to Buy SafeMoon – Step by Step Guide 2022

Learning how to buy SafeMoon starts with finding out where to buy SafeMoon crypto in the first place. In the next section, we will show you five cryptocurrency exchanges and trading platforms where you can buy SafeMoon coins.

Where to Buy SafeMoon – List

In case you’re wondering, ‘how can I buy SafeMoon coin?’ or ‘where can I buy SafeMoon cryptocurrency? Don’t worry; we’ve got you covered. That is a list of the crypto platforms that we have reviewed in this SafeMoon crypto guide:

  1. eToro – Overall Best Cryptocurrency Trading Platform
  2. Binance – One of the best cryptocurrency exchanges for new coins
  3. Coinbase – The Best Crypto Trading Platform for Beginners
  4. Crypto.com – The Fastest and Most Secure Exchange for Cryptocurrency
  5. Kraken – Lowest price to invest in crypto compared to competitors

Where to Buy SafeMoon – Platforms

1. eToro – Overall Best Crypto Trading Platform

The eToro platform is an all-in-one trading software package that lets you buy and sell different instruments like cryptocurrencies, stocks, and commodities with no commission fees attached. So, for example, though you won’t learn how to buy SafeMoon crypto directly from eToro, you can buy crypto from the platform at any time and then trade it for SafeMoon (SFM) at a later date.

eToro has its crypto wallet and Bitcoin wallet, which allows you to transfer the cryptocurrencies you purchased on the trading platform to the eToro Money wallet and vice versa. Then, you will be able to transfer your cryptocurrency, such as Bitcoin, into a cryptocurrency compatible with it, which will be Binance Coin (BNB). You can then use the SafeMoon swap to convert your BNB into SFM for a small fee.

Even though learning how to buy SafeMoon coin this way requires several steps, it does mean that you will have full control over the crypto that you own as it will be stored in your crypto wallet.

To be able to buy SafeMoon through eToro, you need to know which particular cryptocurrencies you can store in the eToro Money crypto wallet for you to be able to buy SafeMoon through eToro. Among the coins that can be stored are the following:

eToro fees

Fee Amount
Crypto trading fee Spread, 0.75% for Bitcoin
Inactivity fee $10 a month after one year
Withdrawal fee $5

Pros:

  • The spread-only investment of cryptocurrencies
  • All its financial instruments come with 0% commission
  • Invest in stocks, cryptos, forex, ETFs, commodities, and indices
  • Just $50 is the minimum deposit amount
  • Credit cards, eWallets, and local bank transfers are accepted for payments
  • Regulated by the FCA, CySEC, and ASIC
  • A platform that is user-friendly for beginners
  • Tools for copy-trading and social trading
  • There is now a mobile app available for download

Cons:

  • There is no support for MT4 and MT5
  • The software lacks some advanced features

67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

2. Binance - Best Crypto Exchange for New Coins

If Is it possible to buy SafeMoon on Binance? Yes, it is possible to do so. Getting SafeMoon on Binance is a relatively simple process if you wonder how to buy SafeMoon on Binance. SafeMoon was created on the Binance Smart Chain, a standard token based on the BEP-20 standard. Therefore, it makes sense that Binance is a great platform for buying SafeMoon.

It is important to note that you will first need to purchase some BNB tokens on Binance in order to purchase SafeMoon Binance. However, by using BNB tokens for your Binance fees, you get a 25% discount, which means holding the token has its merits as well. The BNB token can then be exchanged for SafeMoon on the SafeMoon swap exchange using the BNB token.

Binance fees

Fee Amount
Crypto trading fee Commission, starting from 0.1%
Inactivity fee Free
Withdrawal fee 0.80 EUR (SEPA bank transfer)

Pros:

  • Provides daily trading volumes of billions of dollars daily
  • Provides support for hundreds of different digital asset pairs
  • With bank transfers and debit/credit cards, near-instant deposits are possible
  • The commissions start at just 0.1% per slide
  • Providing cryptocurrency savings accounts to customers
  • Both beginners and more experienced traders will find this tool useful

Cons:

  • The platform is under regulatory scrutiny as a result of news reports
  • E-wallets cannot be used for depositing or withdrawing money

Your money is at risk.

3. Coinbase - Best Beginner Crypto Trading Platform

The next place you should look for where to buy SafeMoon coin is Coinbase, one of the best cryptocurrency exchanges for beginners. There are also hundreds of different cryptocurrencies that Coinbase has under its belt and its cryptocurrency wallet, which is called Coinbase Wallet.

Currently, SafeMoon is not supported on the Coinbase platform; however, you can buy SafeMoon through Coinbase using the same method you would use for buying SafeMoon through Binance. Using the Coinbase wallet, you can buy cryptocurrency in Australian dollars, which you will later change for SafeMoon.

Coinbase fees

Fee Amount
Cryptocurrency trading fees Commissions starting at 0.50%
Fee for inactivity It's free
Fees for withdrawals 1.49 % to an account in the U.S.

Pros:

  • There are over 100 tradable cryptocurrencies
  • A great place to start for beginners
  • The platform that is easy to use
  • Money Services Business registered with the Financial Crimes Enforcement Network (FinCEN)
  • There are tons of crypto-related educational resources
  • Live customer service 24 hours a day
  • Bank transfers and debit cards are supported
  • An app that is rated highly by mobile users
  • Provides a wallet for crypto assets

Cons:

  • Limited trading tools
  • Neither copy trading nor social trading features are available

Your money is at risk.

4. Crypto.com - Fast and Secure Cryptocurrency Exchange

Founded in 2013, Crypto.com is one of the most secure and fast cryptocurrency exchanges on the web. To facilitate its rapid growth, the company has a strong marketing and development team. Besides storing, buying, and storing cryptos through the app, Crypto.com also offers a DeFi wallet so users can earn a yield on their cryptos and store them in the app.

SafeMoon is currently not supported on the platform, but users can still purchase other cryptos, such as ADA, which is supported on the platform, in addition to the SafeMoon exchange. For this reason, if you wanted to purchase SafeMoon through Crypto.com, you could first buy ADA to store on the wallet of crypto.com and then convert the ADA into SafeMoon.

Crypto.com fees

Fee Amount
Crypto trading fee 0.04% maker and taker fees
Inactivity fee Free
Withdrawal fee According to the currency withdrawn. 0.0004 for ETH

Pros:

  • Supports more than 250 cryptocurrencies and stablecoins
  • There are 14% annual returns on staking stablecoins on the platform
  • Take advantage of the Crypto.com Visa Card and get up to 8% back on your purchases
  • It is now possible to access the NFT marketplace
  • There are multiple DeFi integrations on the site
  • A competitive fee structure that is transparent, competitive, and offers discounts
  • Contribute to the development of a cryptocurrency ecosystem

Cons:

  • Unless you use CRO, you will have to pay higher fees
  • Trading fee discounts are difficult to navigate

Your money is at risk.

5. Kraken - Lower Price To Competitors To Invest In CryptoKraken Logo

Since its establishment in 2011, Kraken has been one of the world's largest and oldest cryptocurrency exchanges. Having launched a Bitcoin trading platform in 2013, it has attracted over 4 million users across the globe since then. The platform allows for the trading and staking of sixty different cryptocurrencies. The U.S. and Canada have recognized Kraken as a Money Services Business (MBS) by FinCEN and FINTRAC, respectively. Some of its affiliated companies are also regulated by agencies like the U.K. Financial Conduct Authority (FCA), Australia's AUSTRAC, and Japan's Financial Services Agency (FSA).

The platform enables traders to trade futures using cryptocurrencies, which isn't possible on most other platforms. Kraken offers some of the industry's best security and safety features due to this. In addition, it is easy to use, and a variety of currency pairs are available with large margins. Among the companies offering a 10x leverage on BTC trades, Kraken is one of the most notable. Investing in cryptocurrencies on Kraken is an excellent way to find out what the best cryptos are at the moment.

Kraken fees

Fee Amount
Crypto trading fee For sellers, commissions start at 1% per trade. Free for buyers
Inactivity fee Free
Withdrawal fee According to the currency withdrawn. 0.0005 for BTC

Pros:

  • Regulated crypto exchange
  • offers good security and safety
  • Wide selection of digital assets
  • Margin trading and crypto futures
  • Simple to use

Cons:

  • High fees and withdrawal minimums
  • Limited deposit and withdrawal options
  • Markets trading platform is only suitable for advanced traders
  • Euros are the only currencies accepted for debit or credit card deposits

Your money is at risk.

Where to Buy SafeMoon - Fee Comparison

In the following table, you can find a comparison of the top crypto trading platforms through which you can buy the best new crypto coins.

eToro Binance Coinbase Crypto.com Kraken
Crypto trading fee Spread, starting from 2 pips Commission, starting from 0.1% 1.49% standard commission 0.04% maker and taker fees For sellers, commissions start at 1% per trade. Free for buyers
Inactivity fee US$10 a month after one year Free Free Free Free
Withdrawal fee US$5 0.80 EUR (SEPA bank transfer) 2% debit card withdrawal fee According to the currency withdrawn. 0.0004 for ETH According to the currency withdrawn. 0.0005 for BTC

What is SafeMoon?

Buy safemoon

SafeMoon is a great company with a great platform, but it's important to understand the company and platform from the ground up before purchasing. Founded in 2010, SafeMoon is a human-centric technology and innovation company that works on blockchain technologies, metaverse solutions, and near-field communication (NFC) services. In March 2021, the company will release its first product, the SafeMoon Protocol, which will allow customers to purchase and hold tokens.

Since its launch, it is safe to say that the SafeMoon platform has grown rapidly. The platform now boasts over 2 million users and partners. In addition, the community and user-focused development cycle employed by SafeMoon helps it build more advanced and innovative fintech and other technology products.

The SafeMoon team is looking forward to a continued phase of growth and innovation in 2022, as stated in its social media platforms and other platforms. In addition, their company plans to expand through the launch of the SafeMoon 2.0 protocol, the extension and functionality for the company's cryptocurrency wallet (the SafeMoon Wallet), and more rapid growth of its ecosystem through its sustainability efforts.

Those interested in learning how to buy SafeMoon can check out the different platforms and exchanges discussed earlier in the article. Nevertheless, many different exchanges offer SafeMoon, some of which are decentralized.

Your capital is at risk.

Why Buy SafeMoon?

As a result, you might wonder, should I buy SafeMoon? In the current situation, SafeMoon 1.0, the first iteration of SafeMoon, is being phased out to make way for the newly released SafeMoon 2.0. However, due to its explosive popularity in 2021 and because SafeMoon has an innovative utility as a financial instrument with future use-cases being developed, many are wondering where to buy SafeMoon and how to buy SafeMoon crypto.

A number of cryptocurrencies are known to be deflationary, meaning that their value will increase over time instead of decreasing. However, there are some unique properties of the SafeMoon currency, including automated reflection and liquidity, making it a hyper-deflationary currency.

Some people looking for information about how to buy SafeMoon coins and where to buy SafeMoon are interested in finding out more about the tokenomics of the coin. Each SafeMoon transaction will require a tax of 10 percent. As a result of the tax, half of the tax is redistributed to all other SafeMoon holders as a reflection. The remaining 5 percent is used to fulfill liquidity needs for safeMoon.

There are several factors contributing to the deflationary properties of SafeMoon, which is one of the main reasons some investors look to invest in SafeMoon. In addition, these properties contribute to price stability and increase the desire to hold them for these reasons:

  • Burning tokens lowers the supply of tokens, therefore increasing the chances of the price to increase
  • The presence of a transaction tax deters sellers from selling

Due to the transaction taxes, trading the tokens short-term and artificially manipulating their price into a higher range is more costly and difficult in terms of day trading.

The safe moon coin has already been referred to as a high-yielding financial instrument. However, for those who want to learn how to buy SafeMoon coin and buy SafeMoon crypto, SafeMoon can be looked at as a high-yielding financial instrument. The SafeMoon ETF is poised to be a great store of value if all these things hold, such as an ETF that leverages taxation on volume to provide a percentage yield to its holders.

How Much Does It Cost to Buy SafeMoon?

As you are looking for where to buy SafeMoon, it is important to know how much SafeMoon costs on exactly how to buy SafeMoon. A SafeMoon token is currently worth $ 0.0023321, meaning that one Australian dollar is equivalent to around 43 SafeMoon tokens at the time of writing this article.

Depending on which crypto exchanges or online trading platforms you choose to use, you can purchase cryptocurrencies for around $15, meaning you could receive around 600 SafeMoon tokens considering the tax and other fees involved.

How to Buy SafeMoon with PayPal

Our search for where to purchase SafeMoon coins led us to discover that PayPal allows U.S.-based users to buy, sell, hold, and use four different cryptocurrencies: Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. So as long as you have a PayPal U.S. account, you will be able to buy SafeMoon using your Bitcoin, Ethereum, Litecoin, and Bitcoin Cash, which will be converted into Binance coins.

For those with PayPal accounts, it is said that the company is working on extending the ability to purchase cryptocurrencies around the world to users with PayPal accounts. So you might be able also to buy crypto through PayPal early next year and then swap it for SafeMoon at a later time.

How to Buy SafeMoon with Bitcoin

When it comes to Bitcoin and SafeMoon, there are several options you can select from if you have some of them. In the first place, you can try spot trading on a crypto exchange like Binance, where you can find crypto pairs like BNB/BTC. As soon as you swap your Bitcoin for BNB, you can use your BNB to trade for SafeMoon.

Here is a list of some of the decentralized platforms where you can learn how to buy SafeMoon crypto, learn how to buy SafeMoon, and ultimately buy SafeMoon in the end.

  • io
  • LBank
  • ZBG
  • PancakeSwap
  • LetsExchange

Buying SafeMoon Safely

You will need to think about safe ways to purchase SafeMoon coin when looking for where to buy the cryptocurrency. Generally, you shouldn't ever divulge your wallet passphrase to anyone, no matter what the reason may be. This way, the crypto in your wallet will be controlled by you and only you.

The next time you receive an email, URL, direct message, and form that looks like it might be from a scammer, you should also be suspicious. It can be a sign that someone is trying to scam you if they claim that they are trying to 'validate' your SafeMoon coins by checking them out. Ensure that safety is always at the forefront of your mind when you consider where to buy SafeMoon and how to buy SafeMoon.

Risks of Buying SafeMoon

The fact that anyone can be anonymous with crypto dealings even though cryptocurrency has been around for over a decade encourages cryptocurrency scams to flourish. In addition to the risks of being scammed when looking for SafeMoon places to buy it and figuring out how to buy SafeMoon crypto, having SafeMoon itself can be risky if the price fluctuates in the future.

It is well known that cryptocurrency prices fluctuate greatly as a result of their highly speculative nature. As a result, its value is notorious for fluctuating greatly year over year. That is also true for SafeMoon, even if its properties are geared towards long-term investments. You will never be able to find out what is happening beyond the plans and inner workings of Safe Moon company, and the future is unpredictable. In other words, there is always the need to practice safe and responsible trading.

Selling SafeMoon

Once you have learned how to buy SafeMoon crypto and where to purchase SafeMoon, then you may want to consider liquidating or trading your SafeMoon at a later date. Then, you can use another decentralized crypto exchange or the SafeMoon swap platform to transfer your SafeMoon for another crypto to sell your SafeMoon.

SafeMoon Price Prediction

SafeMoon indeed peaked at a certain price this year due to its release of SafeMoon 2.0, but the current price range is around half of what it was a month ago. Therefore, to find out how to buy SafeMoon and where to buy SafeMoon, one should research the cryptocurrency's price prediction and understand how to buy SafeMoon.

SafeMoon is expected to trade in a range of $0.0020 to $0.0025 until both significant pressure and significant price changes push it beyond these levels. Even though this year's peak of $0.004599 occurred after just a few days, it may take another group of investors for the price to return to this level. At present, SafeMoon 2.0 is trading at the lower level of its historical price.

This SafeMoon price prediction and this entire Where to Buy SafeMoon guide are not financial advice but merely our opinion about the cryptocurrencies we are talking about.

Best Way to Buy SafeMoon – Binance Tutorial

This step-by-step tutorial about buying SafeMoon on the Binance platform and where to buy SafeMoon from.

Step 1: Open an Account

On the Binance website, click on the Register button at the top right of the page to open an account; you will be taken to the sign-up form. Next, enter your desired email and password to complete the registration process.

Safemoon buy

Your capital is at risk.

Step 2: Upload ID

Once you have registered, you won't be able to purchase SafeMoon without your verified account. As part of the registration process, Binance will ask you to upload a valid I.D. and proof of address. In addition, we require that you verify your account by uploading a government-issued I.D. such as a passport, driver's license, or VISA with a foreign passport.

Step 3: Deposit Funds

Safemoon crypto buy

Now that your account has been verified, you can start funding it. The process of depositing fiat currency into your account can be found by finding the Bank Deposit tab and clicking the option. Then, you can fund your account via PayID/Osko with an AU$0 fee by using the bank transfer.

Step 4: Buy SafeMoon

As soon as you have funded your Binance account, you can now invest in SafeMoon.  Whenever you are ready to buy BNB, you will need to head over to the P2P market of your choice. You can then look for the SafeMoon swap or any other exchange to convert your BNB into SafeMoon.

Your capital is at risk.

Conclusion

Binance is probably one of the easiest places to buy SafeMoon coins. Binance is one of our recommended exchanges for buying SafeMoon cryptocurrency because it offers hundreds of different cryptocurrencies and offers a wealth of features. Buying SafeMoon on the Binance exchange is the simplest because SafeMoon is a BEP-20 token available on the Binance Smart Chain.

Experience fast trades, flexible savings, and much more with Binance and start investing in crypto! To open a crypto exchange account with Binance, simply follow the link below and sign up today!

Binance – Best Crypto Exchange to Buy SafeMoon With Debit Card

Should i buy safemoon

Your capital is at risk.

FAQs

What is SafeMoon?

Safety Moon is a cryptocurrency token that has been launched under the Binance Smart Chain (BSC) standard and is marketed towards long-term investors.

Who created SafeMoon?

John Karony, who was previously an analyst for the U.S. Department of Defense, is the CEO and founder of SafeMoon, released in March of 2021.

What is the market cap of SafeMoon?

YSafeMoon has a market cap of $838 million at writing this article.

Is a crypto wallet required to purchase SafeMoon?

In order to purchase SafeMoon and other cryptocurrencies, you will need a crypto wallet, as you will be exchanging the crypto for the token.

How much money is required to purchase SafeMoon?

If you already own some cryptocurrency, you can use that to purchase SafeMoon from them. If you don't already have any cryptocurrency, you can buy SafeMoon from your broker.

About Jhonattan Jimenez
About Jhonattan Jimenez

English Language professional with a vast experience teaching English as a second language, English translator to Spanish, Cryptocurrency enthusiast, interested in geopolitics and economy.

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