Since the cryptocurrency market has expanded, virtual currencies are frequently emerging. And now, we are going to see the new cryptocurrency token in the market called SafeMoon. As we have seen the frequent emergence of cryptos in the market, investors are looking for a more promising currency and a viable alternative to the existing cryptocurrencies. And SafeMoon is the one that makes it possible for the investors. However, buying SafeMoon is quite easy but the queries arising on how to buy SafeMoon on BitMart are on the high rise.
Why are more and more people searching for it?
There is a strong reason behind this. Previously SafeMoon can be purchased on the trust wallet via the Binance smart chain. This process was quite lengthy because whoever wants to buy the SafeMoon tokens, has to buy the BitMart smart chain first. But now BitMart comes into existence and offers a better and more efficient way to buy SafeMoon, and saves the precious time of the investors.
So in this blog, we will discuss how to buy SafeMoon on BitMart and check out the best ways that make buying SafeMoon in BitMart hassle-free.
Let’s dive right in..!!
What is BitMart?
BitMart is a centralized cryptocurrency exchange that was established in 2017 and is currently regarded as one of the most secure and reliable exchanges in the world. BitMart is a renowned name in the crypto exchange market as it offers many of the newest digital currencies that are new to the market and have not joined any exchanges worldwide.
With more than 5 million users globally and accessibility in more than 180 nations, BitMart offers traders access to more than 300 interesting cryptocurrencies at all times of the day. Besides, it is very fast in distributing the newer coins to the users as and when they want. By giving people access to all available With investment options throughout the globe, they want to ensure financial freedom for all social groups.
Read more: Free Bitcoin Bonus
How To Buy SafeMoon on BitMart?
As I have discussed earlier, SafeMoon was exclusively available for purchase via the trust wallet. So whenever you had to buy SafeMoon on BitMart, you had to set up your trust wallet network. Then you had to go through the process of exchanging the Binance smart chain for SafeMoon. So you were not able to purchase SafeMoon directly.
But over time, BitMart started accepting SafeMoon. Along with this, they also provide their customers with more convenient access to purchase this cryptocurrency.
Here I am sharing the steps to buy SafeMoon on BitMart.
Create An Account On BitMart
Creating an account on BitMart is a very quick process, as it is compatible with both Android and iOS, so you don’t need to be concerned about your phone’s compatibility. Download the app, and provide your contact details and email address to register your account on their site.
Here you will find that you have access to the majority of the BitMart platform’s services. And if you want to purchase or sell a SafeMoon, you have to go through the simple process of KYC “Know Your Customer”. In this process, you need to prove your identity by simply presenting your Government issued Identity card. After completing these steps, you will be enabled to purchase and sell any cryptocurrency or token on the platform.
Deposit Funds in Your Account
After creating an account and completing your KYC, you will have complete access to all of the BitMart services. But to buy SafeMoon, you have to deposit funds in your account. You will find the “Buy and Sell” option on your main screen’s top left corner. Click on that option, and you will be redirected to the page where you can buy Bitcoin, Ethereum, and other stable currencies.
With BitMart, you can easily locate your own country’s currency in the list of the exchange platform as BitMart is accessible in 180 countries across the world. This makes it one of the best ways to buy SafeMoon. Additionally, you can use US dollars, British pounds sterling, Japanese yen, and Indian rupees. And You will also be presented the required amount at the exchange rate in the currency you have chosen.
After depositing the funds, it is strongly advised to purchase a Tether coin aka “USDT ” ( Tether is a stable currency linked to the US dollar) using the fiat currency of your country. One US dollar is equal to one Tether. Tether is the best option to buy SafeMoon on BitMart. You should use a Tether coin to swap SafeMoon tokens whenever you like. Tether is far less unstable and directly correlated with the changes in the US Dollar’s pricing.
So when you possess Tether, you don’t need to take any additional action. Your next step is to find the SafeMoon token in the search tab and open the market area of your BitMart’s home screen. When you find the SafeMoon, you will need to choose the option to trade the SafeMoon in exchange for a Tether (USDT). Then you will have the option showing “SafeMoon/ USDT ”, click on the option and select the number of SafeMoon you want to buy.
Then you will be shown the equivalent Tether price by the system. As and when you complete the order, the SafeMoon will be securely deposited into your BitMart account.
I personally like SafeMoon as it is one of the newest cryptocurrency tokens that was developed using Defi technology. And if you are planning to buy SafeMoon, BitMart is the fastest, safest, and most reliable bitcoin exchange available out there.
They primarily focus on giving customers access to the newest coins before other cryptocurrency exchanges have a chance to offer them. So to successfully buy SafeMoon, you first need to purchase Tether and then use it to swap or exchange it for SafeMoon on the platform’s marketplace.
If you’re going to put your crypto for a long time in the best interest, you’ll need to look out best crypto lending platforms where you can take loans against your crypto without any risk factors.
Where can I buy SafeMoon on BitMart?
On BitMart, you can buy SafeMoon with USDT. And worldwide, BitMart is accessible in more than 180 nations.
How do I get SafeMoon v2 on BitMart?
Go to the market section of your BitMart’s home screen, then go to the search tab, find SafeMoon, and use the option to trade it for the Tether (USDT).
Will SafeMoon get listed on Binance?
Although social media has been full of rumors about SafeMoon listing on Binance, but on the other hand, Binance has not confirmed the listing of SafeMoon on their platform.