• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    mining

    Increased Demand Requires Increase in Nodes. Here’s Everything You Need to Know About Bitcoin Mining During Lockdown

    Bitcoin wallet

    BitcoinOfficial.org- Create a Bitcoin Wallet. Official Website.

    Bitcoin price

    What Drives Bitcoin Price?

    Mining

    Railway Authorities in Ukraine Shut Down Unlawful Mining Outfit

    Bitcoin

    Economic Crises Will Not Affect Bitcoin: Ledger Founder

    Supply and Demand

    Bitcoin’s Demand and Supply Dynamics are Constant: Bitwise COO

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    price prediction

    Bitcoin, Ethereum, and Ripple Price Prediction in June 2020

    XTZ

    TEZOS (XTZ) Join the Top 10 Crypto Coin List

    MakerDAO

    MakerDAO to Implement New Security Feature After Loophole Detected in System

    BCH

    BCH Successfully Completed a Scheduled Fork, Added Minor Upgrades

    CUSD Stablecoin

    Canadian BVCI Launches Another Stablecoin CUSD

    EOS network

    EOS Network Is Running on Borrowed Resources After EIDOS Airdrop

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    How to Make the Right Decision before Investing in Crypto

    How to Make the Right Decision Before Investing in Crypto

    Decentralized Marketplace

    What are Decentralized Marketplaces?

    Cryptocurrency is Here to Stay

    5 Reasons Why Cryptocurrency Is Here to Stay

    Web3 Pets

    Spotlight on Web3 Pets – Will 2023 Be Their Year?

    Crypto Swapping

    A Definitive Guide on Swapping Cryptocurrency

    crypto casino games

    What Are the Most Profitable Crypto Casino Games?

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

How to Buy Safemoon on Bitmart – A Complete Beginners Guide

Aggrey A. by Aggrey A.
June 14, 2022
in Crypto 101

Safemoon is one of the tokens created using the popular DeFi technology. The decentralized peer-to-peer payment mode rewards buyers and penalizes sellers. To purchase this token, users will use different tokens. Bitmart is currently one of the most trusted and secure exchanges to help investors acquire crypto. This systematic review lets crypto enthusiasts learn how to buy Safemoon on Bitmart. 

How to Buy Safemoon on Bitmart

How to Buy Safemoon on Bitmart – Introduction

There are several cryptocurrencies in the crypto market. Unfortunately, some of these cryptocurrencies, including Safemoon, cannot be purchased using fiat money, and therefore, users can only use another crypto to make a successful trade. 

This article will show crypto enthusiasts how to buy Safemoon on Bitmart. It also gives them alternative options to explore apart from Bitmart. 

How to Buy Safemoon on Bitmart – Step-by-Step Guide

Follow the next steps in order to buy Safemoon on Bitmart:

How to Buy Safemoon on Bitmart

Step 1: Create a Bitmart Account

To buy Safemoon on Bitmart, one must first have an active Bitmart account. Therefore, buyers must visit the Bitmart website and register using their details. The registration and verification process is relatively simple, as a working email address and phone number are all that are needed. 

Step 2: Fund the Bitmart Account

The next step is to fund the account once the buyer has an active Bitmart account. Once they have logged into the history, buyers will use the Deposit option on the upper left corner of the application screen. They will then choose the amount that they wish to deposit on their Bitmart account. 

Step 3: Buy USDT

The next step is purchasing USDT since it’s the only crypto that has been paired with Safemoon. The prompts during this step are rather straightforward, but it is important to read the terms and conditions before agreeing to them. 

To buy USDT, users will click on the Buy Coins option and choose the best available channel for them to purchase, depending on how many Safemoon coins they wish to acquire. Based on the selected channel, the buyer will use their details to create an account, after which he/she will be redirected to complete the purchase.

Step 4: Trade USDT for Safemoon

Once the buyer has their USDT purchase ready, they now trade them for Safemoon. All they must do is visit the Markets option and search for Safemoon. 

Click on the market pair Safemoon/USDT and choose the amount of USDT intended to trade for Safemoon tokens. For a more detailed process, you can watch the conversion process video. 

How to Buy Safemoon on Trust Wallet

It’s also possible to buy Safemoon on a Trust Wallet. Here are the steps to follow:

Step 1: Download, Install, and Register

To use Trust Wallet, holders are required to have an active account. Consequently, buyers can download and register using their credentials. The registration will require users to use their credentials and an additional 12-word recovery phrase to set up the account. Both Android and iOS users can download the application from their respective application stores. 

Step 2: Purchase Binance Coin

Currently, it is impossible to purchase Safemoon with Fiat money. Therefore, buyers using Trust Wallet will be expected to purchase Binance Coin that they will use later to swap for Safemoon. Buyers are allowed to buy Binance Coin tokens with their credit and debit cards directly through the wallet. 

Step 3: Convert BNB to Smart Tokens 

Before beginning this phase, Trust Wallet users will be expected to know how much money they wish to invest in Safemoon. Once this is decided, they could make their purchases directly on the platform and then create an intelligent order chain in the wallet. Next, all the Binance coins that have been bought will be swapped to Smart Chain. Once the movement is complete, the buyer will see their funds on their screen’s status bar. 

Step 4: Acquire Safemoon 

Pancake Swap is the primary exchange for Safemoon, and users will be required to connect the wallet to a DApp browser. This process is straightforward for Android users but very technical for iOS users. 

Step 5: Convert Smart Chain to Safemoon Using Pancakeswap

On the search bar, locate Safemoon and click on it. As a buyer, users will be required to set the amount of BNB they are willing to exchange for Safemoon and confirm it by clicking on Confirm Swap. The swapping process will begin immediately and take some time to complete, and they will be visible in the Trust Wallet. 

How to Buy Safemoon Crypto on Coinbase

To buy Safemoon crypto on Coinbase, one has to follow these steps:

Step1: Download, Install, and Register on Coinbase

The first step to any purchase is downloading the Coinbase Wallet and registering using the preferred user details. As part of the registration process, the user will be required to set up the wallet’s username and passphrase and later on store their recovery phrase safely. The recovery phrase should be stored safely, or else it will be impossible to recover the account. 

Step 2: Go Through the Fees and Understand the Conditions in Place

Coinbase fees vary depending on the network’s traffic. Therefore, before making any transactions, the buyer could go through the fees to avoid being slapped with unexpected fees. 

Step 3: Buy ETH and Transfer It to the Wallet

Users will then make use of their Coinbase account to buy Ethereum token (ETH) and transfer it to their Coinbase wallet. The transfer process isn’t that hectic depending on whether you use the mobile application or the Chrome extension. 

Step 4: Swap ETH for Safemoon

Users who have the Coinbase wallet installed on their mobile phones can purchase Safemoon directly within the application. They will tap on the Trade pad, and, from here, they will swap the Ethereum token to any other token that runs on the Ethereum standard. Next, they will tap on Choose Coin, after which they will select Safemoon. Buyers should make sure that they have enough to cater to the transaction fees as they perform the exchange. Finally, they can go ahead, confirm their purchases, and follow the needed prompts to finalize the transaction. 

Those making use of the Coinbase extension wallet will use the Convert button, after which they will search and select Safemoon. They will then input the amount of ETH they wish to have exchanged and follow the prompts on their screen to finalize the process. 

How to Buy Safemoon Crypto on Bitmart – Conclusion

If you’re planning to invest in Safemoon crypto, where to buy it should be your top concern. The purchase of Safemoon cryptocurrency is a technical process but not an impossible one. Before making any purchases, users will be required to choose the most convenient way for them to complete the transaction. 

In this review, we have listed the best alternative for purchasing Safemoon apart from using Bitmart. Each process taken has its terms and conditions, benefits, and possible downsides. These include the fees that will be charged during the process. 

Related articles: Where and How to Buy Elongate | What Is a Fiat Wallet

These processes must be followed to the letter to ensure that the conversion process is completed. In addition, when setting up wallet accounts, users are urged to note down recovery phrases that will help them get their account back in case anything happens to their accounts. 

Previous Post

Cryptos – What Can You Purchase with Digital Money Today?

Next Post

Where to Buy EverGrow Coin - A Complete Beginners Guide

Aggrey A.

Aggrey A.

Invest at your own risk notice : The information on this website and the links provided are for general information only and should not constitute any financial or investment advice. We strongly recommend you to conduct your own research or consult a qualified investment advisor before making any financial decisions. We are not responsible for any loss caused by any information provided directly or indirectly on this website.

Related Posts

How to Make the Right Decision before Investing in Crypto

How to Make the Right Decision Before Investing in Crypto

by Hellen
January 18, 2023

Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC) are some of the cryptocurrencies widely reported in the media....

Decentralized Marketplace

What are Decentralized Marketplaces?

by Hellen
January 16, 2023

A decentralized marketplace is a network where trade and transactions take place independently and transparently.  This ecosystem offers minimum transaction...

Cryptocurrency is Here to Stay

5 Reasons Why Cryptocurrency Is Here to Stay

by Hellen
January 11, 2023

Cryptocurrency is changing the way we think about money and the economy. We will explore five reasons why cryptocurrency is...

Web3 Pets

Spotlight on Web3 Pets – Will 2023 Be Their Year?

by Hellen
January 10, 2023

Web3 pets have come to revolutionize the idea of owning a pet while bringing color, fun, and possibly some crypto...

Crypto Swapping

A Definitive Guide on Swapping Cryptocurrency

by Hellen
December 21, 2022

If you’re new to crypto or have heard about swapping but don’t know how to do it, this definitive guide...

crypto casino games

What Are the Most Profitable Crypto Casino Games?

by Hellen
December 8, 2022

In this article, we will talk about what crypto casinos are, how they work, and what are some of the...

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

Guides & Reviews

How to Make the Right Decision before Investing in Crypto

How to Make the Right Decision Before Investing in Crypto

January 18, 2023
Decentralized Marketplace

What are Decentralized Marketplaces?

January 16, 2023
Cryptocurrency is Here to Stay

5 Reasons Why Cryptocurrency Is Here to Stay

January 11, 2023
Web3 Pets

Spotlight on Web3 Pets – Will 2023 Be Their Year?

January 10, 2023

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.