The next step is to convert your Smart Chain to SafeMoon. Doing this is called “swapping,” and the app you’ll be doing it in is called “PancakeSwap.” PancakeSwap is a decentralized marketplace that makes it possible for SafeMoon investors to trade one cryptocurrency for another.
Full Answer
Where can I buy safemoon?
The SafeMoon Protocol V2 is a community focused DeFi token that forms part of the expanding SafeMoon ecosystem. Four simple functions occur during each trade. Reflections 4% is Redistributed to all existing holders; LP Acquisition 3% is added to liquidity; Token Burn 2% of tokens are burned; Growth Fund 1% is added to the SafeMoon Ecosystem ...
What is safemoon (SMO)?
· PancakeSwap is a decentralized marketplace that makes it possible for SafeMoon investors to trade one cryptocurrency for another. Being one of the cryptocurrency exchanges for those tokens that are not listed on major exchanges, …
What is safemoon wallet?
· The cryptocurrency Safemoon has been around for one year, as of Wednesday. Cryptocurrency on the Binance trading app. Getty Images Referenced Symbols ETHUSD +0.45% BTCUSD +0.69% TWTR -1.68% Listen...
What is safemoon swap and how does it work?
· SafeMoon is trading at $0.00000341, and the 24-hour trade volume has crossed $10.7 million. SafeMoon market capitalization has crossed $1.9 billion, and analysts have predicted a 17% price rally ...
Screenshots
· SafeMoonWallet has successfully launched for the android market, but the long-awaited release of its iOS version is still pending. SafeMoonWallet’s IOs application is still in the pipeline after a disastrous release causing the team to resubmit an updated version to the iOS App Store for approval. The much-anticipated launch is live on Google ...
What app can I get for SafeMoon?
How can I buy SafeMoon in the U.S.? The process for buying Safemoon in the U.S. is broadly the same as anywhere else. The main thing is to get Binance tokens into a wallet. Then, you can use a Defi application (like PancakeSwap) to buy your Safemoon tokens.
Can I buy SafeMoon on Binance?
Purchase Binance Coin Safemoon can't be purchased directly with cash. Instead, you're going to need another cryptocurrency that you can trade for Safemoon. Binance Coin (BNB) is the recommended option.
Is SafeMoon coming to Coinbase?
You cannot purchase SafeMoon on Coinbase. Coinbase also doesn't support other low-priced popular coins that are gaining traction among the altcoin community, including Dogecoin, VET and DOT. It's also worth noting that purchasing SafeMoon on other exchanges is a labyrinthine process.
Will SafeMoon ever be available on Robinhood?
How to Invest in SafeMoon Crypto. SafeMoon crypto isn't available on popular exchanges such as Coinbase or Robinhood.
Where can I buy SafeMoon easy?
Where to buy safemoon:Download the Trust Wallet App – available on App Store, Google Play or Android.Purchase one of two available established cryptocurrencies: binance or bowscoin.Click on the DApp tab on the Trust Wallet app, which enables you to find decentralised applications and look for PancakeSwap.More items...
How can I buy SafeMoon crypto?
Go to CoinMarketCap and search for SafeMoon. Tap on the button labeled “Market” near the price chart. In this view, you will see a complete list of places you can purchase SafeMoon as well as the currencies you can use to obtain it. Under “Pairs” you'll see the shorthand for SafeMoon, SAFEMOON, plus a second currency.
What happened SafeMoon?
SafeMoon Carries On, But the Project Is Losing Steam Recently, SafeMoon migrated from V1 to V2 of its platform. The developers stopped support for V1 of SafeMoon, and the price and trading volume has continued to dry up. However, SafeMoon V2 is also down sharply in 2022.
How do I buy SafeMoon in Coinbase wallet?
How to buy SafeMoon InuDownload Coinbase Wallet. ... Choose a Coinbase Wallet username. ... Securely store your recovery phrase. ... Understand and plan for Ethereum network fees. ... Buy and transfer ETH to Coinbase Wallet. ... Use your ETH to buy SafeMoon Inu in the trade tab.
Will SafeMoon be on Crypto com?
The SafeMoon price page is part of Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies.
Will SafeMoon be on Robinhood or Coinbase?
Robinhood, one of the biggest platforms to trade stocks and invest in the United States, has listed numerous cryptocurrencies and tokens recently. Nevertheless, SafeMoon is not among them. At the moment, Robinhood has listed Bitcoin, Bitcoin Cash, Dogecoin, Ethereum, Ethereum Classic, Bitcoin SV, and Litecoin.
Who is the CEO of SafeMoon?
John Karony is the CEO at SafeMoon, according to his Twitter profile.
How many tokens are in SafeMoon?
The SafeMoon white paper describes the following: a total supply of 1,000,000,000,000,000, with 223,000,000,000,000 burned dev tokens and a fair launch supply of 777,000,000,000,000,
What is safemon protocol?
SafeMoon protocol is a combination of RFI tokenomics and an auto-liquidity generating protocol. According to an article, SafeMoon plans to develop a non-fungible token ( NFT) exchange, as well as charity projects and crypto educational apps. With SafeMoon protocol, token holders will earn more SAFEMOON depending on how many coins they have. This can be up to an 80% APY, which is staggering when compared to traditional interest accounts. SafeMoon protocol will gain value over time thanks to its coin-burning strategy, making it a deflationary digital currency.
Is SafeMoon a deflationary protocol?
SafeMoon protocol will gain value over time thanks to its coin-burning strategy, making it a deflationary digital currency. SafeMooon Protocol will be expanding to include an NFT marketplace and coin launchpad which will allow users to create their own cryptocurrencies via the platform.
When was SafeMoon released?
SafeMoon was released in March 2021. The slogan of SafeMoon, "Safely to the moon", took inspiration from the popular phrase "To the moon", meaning "to quickly rise in price". The CEO of SafeMoon is John Karony, a former analyst for the United States Department of Defense. After its launch, SafeMoon quickly gained over one million holders of the cryptocurrency.
When was SafeMoon first listed on Pancakeswap?
According to the official website, SafeMoon was first listed on PancakeSwap on the 1st March 2021, followed by: In May, the project announced making a presentation to The Gambia to provide "technology for innovation and learning purposes", as part of the deliberately-spelled "Operation Pheonix". On the 15th June, the project invited applications ...
Is SafeMoon a legal entity?
In response to the one 'major issue' raised by CertiK, the SafeMoon team stated that "In regards to owner control, we are a fair launch governed by a central board which is subject to governmental regulations and law. We are a legally registered entity in accordance to the law and jurisdictions in which we operate".
Is SafeMoon a blockchain?
SafeMoon has announced plans to launch its own blockchain, cryptocurrency exchange, and hardware wallet.
Is SafeMoon a cult stock?
The developers of SafeMoon have been described as having "little proof of previous success", with the token having been described by some financial experts as a "pump and dump", a "cult stock", "meme stock", "the furthest thing from safe" and that it "doesn't do anything".
What is SafeMoon V2?
The SafeMoon V2 upgrade is considered an opportunity to make the cryptocurrency a top contender among tokens. The upgrade will likely attract new users to the SafeMoon ecosystem and propel the token’s price higher.
What is SafeMoon upgrade?
SafeMoon’s upgrade would implement a 1000:1 consolidation (similar to a reverse stock split) and increase the security and accessibility of the token.
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Is SafeMoon missing deadlines?
The project has notoriously missed deadlines previously for its app launch , and there is uncertainty surrounding the upcoming V2 upgrade. John Karony, CEO of SafeMoon, addressed the fear and uncertainty in his keynote address at the AIBC Summit.
Who is the CEO of SafeMoon?
John Karony, CEO of SafeMoon, affirms that the V2 contract is ready and currently undergoing quality checks.
Is FXStreet an investment advisor?
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
What Is SafeMoon? And Is It Really Safe?
SafeMoon describes itself as decentralized finance (DeFi) token. It runs on the Binance Smart Chain blockchain, making it a little less accessible when compared to other digital assets like Bitcoin or Ethereum.
Features and Advantages
The SafeMoon Protocol has three fundamental features that occur with each transaction.