Last Updated on May 9, 2021 by cryptocreed
There is a new cryptocurrency that is making noise in 2021. Yes, it is a SafeMoon. This coin is followed by thousands of crypto lovers within a few months.
Don’t believe me? Check out their Twitter account of more than 410K followers within two months. More than 942K users marked Safemoon coin in their watchlist on coinmarketcap and more than 80K users liked this coin on Coingecko.
This all happened just in two months or I can say within a month.
What Is A SafeMoon Crypto?
Safemoon is the decentralized token, formed as DeFi. As per the website, it is a community-driven fair Defi token. It includes three major features Reflection, LP Acquisition, & Burn while doing trade.
It was founded by John Karony and launched on 8th March 2021.
it is a token made on Binance Smart Chain (BSC).
About their token.
- Total Supply: 1,000,000,000,000,000
- Burned Dev Tokens: 223,000,000,000,000
- Fair Launch Supply: 777,000,000,000,000
Also Read: List Of Top 5 Crypto Arbitrage platform
Also Read: Best Wallet To Store Your BSV Coins
Best SafeMoon Wallet
Safemoon is a very new coin in the crypto world hence there are not many specific wallets for SafeMoon. But it doesn’t mean that you can’t store Safemoon coins anywhere.
Following are the best wallets to store your Safemoon token.
Hardware Wallets
Ledger is one of the best hardware wallets to store any cryptocurrency. It supports almost all cryptocurrency and blockchain including Binance Smart Chain.
Ledger Nano X and S are the two most popular devices by Ledger. This device will cost you around $150 for a lifetime.
Trezor can be another choice for you to store SAFEMOON tokens. It has four different models of wallet. Trezor Model T is very famous among all.
MetaMask
Metamask wallet is used by more than 1 million users worldwide. You can buy, sell, store, and swap any crypto tokens that are based on ERC20 or BSC.
You can also use any Defi apps that are supported by Metamask.
Metamask is available for Android, iOS, and Browser. The browsers that are compatible with metamask are Chrome, Firefox, Brave, and Edge.
Binance Chain Wallet
With the Binance Chain browser extension, you can send and receive funds on Binance Chain, Binance Smart Chain, and Ethereum, and cross-chain transfers between both of Binance’s blockchains.
The wallet is available for both Mozilla and Chrome. Note, wallet on chrome has very negative reviews posted by users. So use them wisely.
Trust Wallet
Trust Wallet is a mobile-based wallet that is available for Android and iOS devices. There are already more than 1 million users are using Trust Wallet to send, receive exchange, and stake all major supported cryptocurrencies including BTC, DOT, CAVA, BNB, and Safemoon.
You can even use Trust Wallet to earn interest on your crypto, play blockchain games and access the latest DApps and Defi platforms.
Where To Buy SafeMoon Tokens
SafeMoon team started listing their token on exchanges just after they launched their project. Currently, the token is listed on more than 4 major cryptocurrency exchanges.
How to buy a SAFEMOON token? To buy the token you need to register or join on any listed exchanges first. Following are the exchanges that support the trade of Safemoon coin.
If you want to purchase tokens through Decentralized exchange then you can visit PancakeSwap.
Note: Anyone can create a token on a Decentralized token with the same name. So make sure you are dealing with the original token hence do cross-check before trading with official sources.
Is There Any SafeMoon Faucet?
No, there is no safe moon faucet to claim free SAFEMOON coins. You can either buy them or can earn them in any free rewards.
