How to Buy SafeMoon in the UK in 2023 – A Beginner’s Guide

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 generates a lot of profitability in the long term, 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 2023

1. eToro – Overall Best Broker with the Best Commission-Free Trading System in the UK
2. Huobi – Crypto Exchange with the Easiest Interface to Use for Beginners in the UK and Buy SafeMoon
3. Binance – Crypto Exchange with the Lowest Rates Compared to Competitors in the UK
4. Coinbase – Crypto Platform to Buy Safemoon Around UK with the Fastest and Most Liquid Exchanges
5. Crypto.com – Crypto Exchange with the Best Competitive Rates and Discounts in the UK
6. Kraken – Crypto Exchange Platform with the Best Customer Service in the UK

Where to Buy SafeMoon in the UK – Step by Step Guide 2023

1.  eToro – Overall Best Broker with the Best Commission-Free Trading System in the UK

eToro operates a leading social trading network and contracts for difference (CFD) brokerage, which provides access to stocks and cryptocurrencies. Also, in the UK, eToro is the best broker with the best commission-free trading system.

The company was founded in 2007 by Ronen Assia and Jonathan Assia in Israel and today is one of the most popular UK trading platforms; this is evident by the platform’s 20 million users.

This platform is an excellent starting point for those just getting started to trade in the UK. It allows ease of use, offers intuitive features, and provides educational and social functions suitable for beginners.

As SafeMoon is not supported by eToro, you cannot purchase it directly there. So, you may select one of the following cryptocurrencies when you purchase in your Etoro wallet: Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Stellar, and XRP.

Once you have your money in your wallet, you should search for a compatible currency to exchange it for, such as BNB or USDT. After you do this, you will later be able to obtain SafeMoon via SafeMoon Swap on the company’s web. Although SafeMoon cannot be directly purchased through eToro, it is possible to make investments in cryptocurrencies to generate more profit and then make an exchange for acquiring SafeMoon tokens.

eToro Fees

79% 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. 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

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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

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4. 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

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5. 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

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6. Kraken – Crypto Exchange Platform with the Best Customer Service in the UK

As one of the first cryptocurrency exchanges in the US, Kraken was founded in 2011 in San Francisco is also a good choice for new and experienced crypto investors.

Kraken is one of the oldest Bitcoin exchanges and has over 110 different coins available to buy, sell, and trade with competitive exchange fees. It is considered the platform with the best customer service in the UK. Additionally, Kraken provides clients with margin accounts and futures trading, riskier products useful in some trading strategies.

In addition to Kraken, Kraken Pro is also available for users. Kraken Pro offers lower pricing and is available to all Kraken account holders; depending on your experience level, there’s a platform for you.

Kraken does not currently support SafeMoon, but it has Cardano’s ADA as a supported cryptocurrency. However, since Kraken does not have its wallet, the purchased ADAs will have to be transferred to an external wallet and then swapped on the SafeMoon page.

Kraken fees

Your money is at risk

Where to Buy SafeMoon in the UK – Fee Comparison

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.

79% 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.

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.

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. Furthermore, because this token can generate considerable long-term income, more and more people are choosing to purchase them since they are expected to be of significant value in the future.

In addition to its hyper-deflationary properties, SafeMoon has automated reflection and liquidity, making it unique for UK investors. Therefore, SafeMoon is a high-yield financial instrument; its holders are provided with a percentage yield based on taxation on volume like the ETFs.

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 eToro, 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. Another recommended alternative is to create an eToro account and eToro wallet, which offers many benefits, then exchange the bitcoins obtained for SafeMoon on the BNB Smart Chain (BEP20)

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, eToro, to purchase Bitcoins and then transfer your funds to your eToro 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 eToro, 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

79% 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.

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 £934,108,439, with a price of £0.0009241 per token and reaching a peak of £0.002428 in January of 2022.

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.

Price Prediction estimates that SafeMoon’s price will reach £0.002 by the end of 2022, £0.006 in 2025, and £0.04 by 2030. By that time, the company will have implemented the SafeMoon Exchange, Hard-Wallet, and Mooncraft.

Best Way to Buy SafeMoon in the UK – eToro Tutorial

Step 1: Open an Account

To register with eToro, click the “Join Now” 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.

79% 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.

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 eToro in the USA and the UK is $10.

eToro allows several methods for submitting deposits, including debit cards, PayPal, UK bank transfers, and third-party channels, such as Neteller.

Step 4: Buy SafeMoon

eToro 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 eToro 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. Also, there is a positive outlook in the market for this currency, with a stable market capitalization that has grown steadily since its inception of SafeMoon V2.

Since this token was launched less than one year 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 eToro account and creating your eToro 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.

eToro – Best Crypto Platform to Buy Bitcoins and Then Trade Them for SafeMoon in the UK With 0% Commission

79% 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.

FAQs

What is SafeMoon?

SafetyMoon is a DeFi cryptocurrency token created on the Binance Smart Chain blockchain in March 2021. It is designed to avoid both extreme volatility and premature token sales based on its characteristics

Who created SafeMoon?

SafeMoon was created by the current CEO John Karony, who worked for the US Department of Defense.

What is the market cap of SafeMoon?

At the time of writing, the market cap of SafeMoon V2 is £ 934,108,439 according to Coinmarketcap.

Do I need a crypto wallet to buy SafeMoon?

You will need a crypto wallet since the only way to purchase SafeMoon is by swapping cryptocurrencies from USDT or WBNB to SafeMoon. eToro Wallet is a recommended way for you to store your cryptocurrencies, such as Bitcoin, and then make the swaps later to get SafeMoon.

Can I buy SafeMoon in the UK?

Certainly, it is possible to purchase SafeMoon in the UK through established cryptocurrency exchanges. However, the best way to do so is to purchase Bitcoins through eToro, then exchange them for SafeMoon from your eToro wallet on a platform that supports it.

How much money do I need to buy SafeMoon in the UK?

From only $10 in the UK, you can invest in bitcoin through a reputable broker, such as eToro. Although there is no set amount required, we recommend approximately $50, and then you can swap that money for SafeMoon on a swap exchange of your preference.