After Upgrading to V2, How Easy It Has Become to Buy SafeMoon?
2022-04-04 09:50:11
What Exchanges Sell SafeMoon As of March 2022?
Far more than its name “Safely to the moon” presents, the SafeMoon Protocol aims to solve the problems of prior cryptocurrencies including mining rewards, farming rewards, and liquidity provisioning. However, it was widely known that the SafeMoon V1 Contract was not developed by the SafeMoon Team and because of this the code was very restricting and didn't look to help SafeMoon's true vision and goals.
Therefore, SafeMoon started the V2 upgrade at the end of 2021. The biggest difference between SafeMoon and SafeMoon V2 lies in the transaction fee. Aiming to be a market stabilizing token, SafeMoon has a commission of up to 10%. Its purpose is to incentivize holders to invest in the long term and as a penalty for short-term investments.
However, these fees cannot be offset to redeem coins when SafeMoon price drops. By contrast, SafeMoon V2 reduces the transaction fee by 2%. When this news came out, SafeMoon’s wallet download numbers went way up. By January 2022, the wallet had been downloaded up to 1 million times. Besides, it is believed by the community that lowering transaction fees could make SafeMoon more appealing to exchanges and for other use cases.
PancakeSwap, a decentralized crypto exchange, was the first to list Safemoon. The buying process on PancakeSwap is similar to that of buying through the SafeMoon Wallet. You need to buy the Binance Smart Chain coin, or BNB first, then swap BNB for SAFEMOON and vice versa. There are also several other exchanges that let you trade Tether for Safemoon.
If you think this is too complex, you can consider buying SafeMoon on major exchanges with many stablecoins such as USDT. As the most popular SafeMoon pair, the majority of SFM/USDT trading is done on BitMart, which saw $ 451,581 worth of SafeMoon trading volume in the last 24 hours.
Accounting for 33.77% of the volume, Gate.io, an international digital currency exchange offering 1300+ cryptocurrencies to investors from many countries, is also an ideal choice, followed by Mexc, where it traded 8.52% SafeMoon tokens.
As of March 2022, the whole list of SafeMoon exchange platforms includes: PancakeSwap (V2), Decoin, PancakeSwap, Gate.io, BitMart, ZBG, BiKi, LBank, Hoo, Hotbit, MEXC, Bitbns, Bitrue, WhiteBIT, KickEX, BitForex, BHEX, Jubi and Biswap.
Far more than its name “Safely to the moon” presents, the SafeMoon Protocol aims to solve the problems of prior cryptocurrencies including mining rewards, farming rewards, and liquidity provisioning. However, it was widely known that the SafeMoon V1 Contract was not developed by the SafeMoon Team and because of this the code was very restricting and didn't look to help SafeMoon's true vision and goals.
Therefore, SafeMoon started the V2 upgrade at the end of 2021. The biggest difference between SafeMoon and SafeMoon V2 lies in the transaction fee. Aiming to be a market stabilizing token, SafeMoon has a commission of up to 10%. Its purpose is to incentivize holders to invest in the long term and as a penalty for short-term investments.
However, these fees cannot be offset to redeem coins when SafeMoon price drops. By contrast, SafeMoon V2 reduces the transaction fee by 2%. When this news came out, SafeMoon’s wallet download numbers went way up. By January 2022, the wallet had been downloaded up to 1 million times. Besides, it is believed by the community that lowering transaction fees could make SafeMoon more appealing to exchanges and for other use cases.
Exchanges selling SafeMoon
To those who want to buy SafeMoon, it is important to note that so far, the SafeMoon price has still not increased significantly, so do not forget to do some due diligence.PancakeSwap, a decentralized crypto exchange, was the first to list Safemoon. The buying process on PancakeSwap is similar to that of buying through the SafeMoon Wallet. You need to buy the Binance Smart Chain coin, or BNB first, then swap BNB for SAFEMOON and vice versa. There are also several other exchanges that let you trade Tether for Safemoon.
If you think this is too complex, you can consider buying SafeMoon on major exchanges with many stablecoins such as USDT. As the most popular SafeMoon pair, the majority of SFM/USDT trading is done on BitMart, which saw $ 451,581 worth of SafeMoon trading volume in the last 24 hours.
Accounting for 33.77% of the volume, Gate.io, an international digital currency exchange offering 1300+ cryptocurrencies to investors from many countries, is also an ideal choice, followed by Mexc, where it traded 8.52% SafeMoon tokens.
As of March 2022, the whole list of SafeMoon exchange platforms includes: PancakeSwap (V2), Decoin, PancakeSwap, Gate.io, BitMart, ZBG, BiKi, LBank, Hoo, Hotbit, MEXC, Bitbns, Bitrue, WhiteBIT, KickEX, BitForex, BHEX, Jubi and Biswap.
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