How to Buy SafeMoon in the UK in 2024 – A Beginner’s Guide
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
SafeMoon’s company is involved in many forward-looking projects on developing blockchain, commerce, metaverse, and NFTs products. Therefore, they decided to introduce their SafeMoon token in March 2021. As a result of its policies of reflection, liquidity pool, and manual burn, the token attracted the attention of the crypto community, encouraging people to hold and maintain their tokens for a long time.
In this guide, we will explain how to buy SafeMoon in the UK, recommendations, and tips so that you can learn more about this token and examine your investment strategy for the future.
Where to Buy SafeMoon – List 2024
- Coinbase – Crypto Platform to Buy Safemoon Around UK with the Fastest and Most Liquid Exchange
- Huobi – Crypto Exchange with the Easiest Interface to Use for Beginners in the UK and Buy SafeMoon
- Binance – Crypto Exchange with the Lowest Rates Compared to Competitors in the UK
- Crypto.com – Crypto Exchange with the Best Competitive Rates and Discounts in the UK
Where to Buy SafeMoon in the UK – Step by Step Guide 2024
1. Coinbase – Crypto Platform To Buy Safemoon Around UK with the Fastest and Most Liquid Exchanges
Coinbase was founded in 2012 is known for having the fastest and most liquid exchanges around the UK. Additionally, Coinbase offers hundreds of different digital currencies and its cryptocurrency wallet, Coinbase.
There is a great deal of information on this platform for beginners, including basic advice and market news. In addition, there is an upgrade called Coinbase Pro, which is also designed to offer even greater features for more experienced traders.
In addition to offering fiat-to-crypto currency exchange services in approximately 32 countries, Coinbase also offers storage and management of digital assets in 190 different countries and has more than 89 million users verified.
Coinbase does not currently support SafeMoon. In contrast, SafeMoon has the BNB coin, which you can purchase via the platform of Coinbase, then create a user in Coinbase Wallet for a future exchange for SafeMoon on the SafeMoon swap page.
Coinbase fees
Fee | Amount |
Crypto trading fee | Commission, starting from 0.50% |
Inactivity fee | Free |
Withdrawal fee | 1.49% to a U.S. bank account |
Your money is at risk
2. Huobi – Cryptocurrency Exchange with the Easiest Interface to Use for Beginners in the UK and Buy SafeMoon
In 2008, Leon Li founded Huobi, a Singapore-based exchange in 130 countries, including the UK. More than 400 cryptocurrencies are currently available for trading on the Huobi Global platform, and new assets are added regularly.
The Huobi Exchange offers VIP account tiers based on the number of Huobi Experience (EXP) points one has accrued. You should know that the exchange’s trading volume and cryptocurrency holdings determine the amount of EXP users accumulate. Also, you can upgrade from these EXP to Advanced, Insider, Premier, Ambassador, or Partner, obtaining many benefits.
In addition, Huobi Global offers its token, Huobi Token (HT), which you can use to obtain a discount on trading fees which would be less than 0.2% of the fee basis. Note that these fees decrease based on HT holdings and trading volume.
Within the Huobi platform, it is not possible to get SafeMoon directly. Alternatively, you could buy the cryptocurrency Tether (USDT) in Houbi, create a Houbi wallet, and swap it for SafeMoons on the platforms mentioned in Coinmarketcap that accept this exchange Gate.io, LBank, MEXC, Bitmart, among others.
Huobi fees
Fee | Amount |
Crypto trading fee | 0.20% |
Inactivity fee | Free |
Withdrawal fee | 1% |
Your money is at risk
3. Binance – Cryptocurrency Exchange with the Lowest Rates Compared to Competitors in the UK
The Binance platform was founded in 2017 in Hong Kong by Changpeng Zhao; here, you will find charts, trading tools, and dashboards available on both mobile and desktop versions of the platform.
The exchange offers relatively low trading fees and a wide selection of cryptocurrencies for trading globally. One advantage of this platform is that it is the only one you can use PancakeSwap since it is supported by BNB Smart Chain (BEP20) and receives SafeMoon quickly and securely without having to go through several steps on different exchanges for cryptocurrencies.
Also, the token WBNB provides a 25% discount, so holding it has its benefits, then when you are ready, you can change it based on market fluctuations to SafeMoon in Swap by SafeMoon web directly from the UK.
Binance fees
Fee | Amount |
Crypto trading fee | Commission, starting from 0.1% |
Inactivity fee | Free |
Withdrawal fee | 0.80 EUR (SEPA bank transfer) |
Your money is at risk
4. Crypto.com – Crypto Exchange with the Best Competitive Rates and Discounts in the UK
Crypto.com, founded in 2016, is a cryptocurrency trading platform that has experienced rapid growth during the past few years. In the UK is the exchange with the best competitive rates and discounts rather than their competitors.
With Crypto.com’s DeFi wallet, users can earn a performance bonus by buying and storing their cryptos. In addition, Crypto.com has many developers and a strong marketing team. This makes it very easy for users to convert fiat currency into cryptocurrencies, much like best exchanges do.
Crypto.com does not currently support SafeMoon, but among the supported cryptocurrencies is ADA from the Cardano blockchain. As a result, you can create a wallet on Crypto.com to store your ADAs and then swap them for SafeMoon on their platform.
Crypto.com Fees
Fee | Amount |
Crypto trading fee | 0.4% per trade |
Inactivity fee | Free |
Withdrawal fee | Free |
Your money is at risk
Where to Buy SafeMoon in the UK – Fee Comparison
Platform | Crypto trading fee | Inactivity fee | Withdrawal fee |
Coinbase | Commission, starting from 0.50% | Free | 1.49% to a U.S. bank account |
Huobi | 0.20% | Free | 1% |
Binance | Commission, starting from 0.1% | Free | 0.80 EUR (SEPA bank transfer) |
Crypto.com | 0.4% per trade | Free | Free |
What is SafeMoon?
SafeMoon is a technology and innovation company focusing on blockchain, metaverse, and NFT; it is important to know before investing in SafeMoon in the UK about the SafeMoon token and the main features of the company’s first project.
The SafeMoon Project is a cryptocurrency token launched on March 8, 2021, Supported by the blockchain network BNB Smart Chain. Having a special feature compared to other currencies, SafeMoon proposes charging sellers a 10% fee; this amount is redistributed to other owners to encourage ownership and purchase of the token.
That 10% fee is supported by three main features of this token’s model: reflection, liquidity pool, and manual burn. Doing this encourages people not to sell their tokens but to keep them to produce more tokens with increased value and utility in the future with SafeMoon’s developments and projects.
SafeMoon has a very large community called the SafeMoon Army since one of the principles of the token is that the community creates it. Also, since its launch in March 2021, it has grown tremendously, and as part of the company’s plans for development, they launched SafeMoon V2, which at the time of writing has a market cap of £934,108,439, with a price of £0.0009241 per token.
In the opinion of experts, this asset is experiencing a substantial increase in the market. This is because it started with an extremely low price. There is a second version of SafeMoon on the market due to high demand. Over 50% of the 1 trillion SafeMoon tokens have already been purchased in less than a year. The company will implement the SafeMoon Exchange, Hard-Wallet, and Mooncraft in the next years.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more. "
Why Buy SafeMoon?
During the first few weeks of Safemoon’s trading, its price increased by more than 2,000,000%. Featuring a 10% fee on every transaction, it provides an incentive for long-term holding for the users, of which more than two million have been registered to date. At the same time, it is important to mention here that past token’s performance are not a guarantee of future performance.
The SafeMoon company has many plans in the future for the use of this token, including purchasing NFTs and developing its exchange and wallet system. In addition to its hyper-deflationary properties, SafeMoon has automated reflection and liquidity, making it unique for UK investors.
How Much Does It Cost to Buy SafeMoon?
Investing from the UK requires an understanding of the current SafeMoon price. According to Coinmarketcap, as of today’s date, March 4, the price is £0.0009241. Additionally, the price is expected to remain stable throughout 2022 and close with a value of £0.002.
Remember, at present, it is only possible to purchase SafeMoon using Gate.io, LBank, PancakeSwap, BitMart, among others. It is not possible to deposit directly from banks or with our recommended broker Coinbase, as you must change cryptocurrencies of your preference that support SafeMoon to do so.
To make a wise decision, you should review the fees for exchanging cryptocurrencies from your wallet to buy SafeMoon in the best way possible in the UK.
How to Buy SafeMoon with PayPal
Currently, it is possible to purchase, sell, and hold crypto directly through PayPal if you have an account in the UK. However, only Bitcoin, Bitcoin Cash, Ethereum, and Litecoin coins are available. As a result, it is impossible to purchase SafeMoon directly through this exchange and payment platform.
As an alternative, you can purchase bitcoins through Paypal and then swap them with SafeMoon in the exchange of your choice that supports this token.
How to Buy SafeMoon with Bitcoin
In the UK, you can exchange Bitcoin to SafeMoon with a broker of trust. If possible, please use our recommended broker, Coinbase, to purchase Bitcoins and then transfer your funds to your Coinbase wallet.
To purchase SafeMoon, you will need to look for a swap exchange of your choice, such as Gate.io, LBank, PancakeSwap, among others; but remember that you must first exchange your Bitcoins into USDT or WBNB; after that, you can buy SafeMoon.
It is important to review all the swap exchanges and select the more suitable one for your interests. Also, pay attention to the fees if they have it or further information on their platforms.
Buying SafeMoon Safely
The first step is to buy your cryptocurrencies, such as Bitcoin, through our recommended platform Coinbase, then create a wallet here to make trades and swaps with SafeMoon. In addition, the platform is extremely secure regulated and provides very good customer service and pricing.
You must acquire SafeMoon tokens through other swap exchanges, so you should be familiar with the steps for creating your user, links, prices, methodology, etc. It is important that you be well informed about the topic and do not share confidential information with people, avoid opening links or making any type of payment that looks suspicious. To avoid any type of fraud, you should choose the best exchange that best suits your needs and sell SafeMoon and review their regulations.
You can monitor the SafeMoon token price on the Coinmarketcap website. Also, you may track the price consolidation since its launch on the market and know when and how much you may invest in the UK.
Risks of Buying SafeMoon
Additionally, with many cryptocurrencies and tokens available, there will always be the risk of price fluctuations and volatility, which applies to the SafeMoon token. Regarding SafeMoon, a 10% fee is indeed charged for the sale of tokens to avoid volatility. However, this is a characteristic that can be observed in the fluctuations of this token since its launch.
We have seen in the article that obtaining SafeMoon on the market can be challenging since they are not directly offered by the brokers that we recommend. In addition, as there are so many movements among wallets, exchanges, and swaps between currencies to obtain the SafeMoon token, it is necessary to avoid hacking or scamming and not share more information than necessary.
Furthermore, SafeMoon tokens are only available for trading on the BNB Smart chain blockchain (BEP20). Also, all kinds of projects are speculated on what the company will accomplish, including NFTs, exchanges, wallets, and charitable projects; however, since the launch is so early, we must wait for it to materialize.
Selling SafeMoon
As you have now gained sufficient knowledge about what SafeMoon is and the methods and platforms for acquiring them in the UK. Maybe now, are you wondering how to sell the currency?
SafeMoon cannot be directly converted to fiat money at this time, and the company’s holding policy makes it difficult for those who wish to sell it due to the 10% commission it charges. However, we will show you how to sell it if you agree with the fee here.
You must open a Trust Wallet account since that allows you to swap from PancakeSwap your SafeMoon tokens for BNB. After that, you can cash fiat money for the converted amount in BNB. You can also use the SafeMoon swap platform to get BNB if you prefer.
SafeMoon Price Prediction
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more. "
The initial price of SafeMoon was £0.000000000737 when it was created, after a month, the price per token reached a peak of £ 0.000008569 with an excessive growth due to the features of this new token. As a result of all the improvements and ideas they would like to implement using the token, this company decided to migrate to a new contract address by launching SafeMoon V2.
Since the launch of SafeMoon, it has been on a positive trend with expectations of continued growth in the future because of its unique features such as community-focused and fair launch (The dev team burned all of their tokens), automatic LP (auto-generating liquidity), and RFI Static Rewards (rewards through static reflection).
The current market cap of SafeMoon V2 is $29.77M, with a price of $0.00005933 per token.
Additionally, according to experts, the Yield Farming feature encourages users to become holders of the token due to receiving interest payments as additional tokens, increasing the investment and holding of the token.
Best Way to Buy SafeMoon in the UK
Step 1: Open an Account
To register with Coinbase, click the “Create account” button and fill out your information, like your name, email address, phone number, username, and a strong password. You can link your Facebook or Google accounts if you have them during registration.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more. "
Step 2: Upload ID
Please upload a copy of your driving license or passport, along with a recent bank statement or utility bill, to verify your identity. After that, the address will be automatically verified.
Step 3: Deposit Funds
After verifying your account, the platform will ask you to deposit funds, remember the minimum deposit for Coinbase in the UK is $1.
Coinbase allows several methods for submitting deposits, including debit cards, UK bank transfers, and other third-party channels.
Step 4: Buy SafeMoon
Coinbase does not offer SafeMoon purchases directly. To purchase it, first, you must type “Bitcoin” or “BTC” in the search bar, click “Invest,” and select the amount that you wish to invest in this cryptocurrency.
As a result, we recommend that you create an Coinbase wallet, as you will require the wallet to purchase the tokens through a swap exchange that supports SafeMoon.
Conclusion
In this guide, we provide tips to assist you in understanding SafeMoon’s purchasing process and how you can purchase it in the UK. Since this token was launched just a few years ago, we need to analyze the market, inform ourselves and assess the best platforms for swaps to prevent every type of fraud.
Please click the link below if you wish to invest in SafeMoon by opening an Coinbase account and creating your Coinbase wallet later. Remember that to get SafeMoon tokens, you need to deposit bitcoins for a future swap, then find the best exchange that supports the tokens and hold them for a long-term profit due to their properties of it.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more. "