How to Buy SafeMoon

Using Binance.US and Trust Wallet

Nhia Kou Orchard
Nhia Kou Marketplace
3 min readFeb 18, 2022

--

Safemoon branding

Introduction to SafeMoon

SafeMoon has made its name known in the crypto world since it was released in March 2021 with over 2.2 million holders around the world. It is the first cryptocurrency to create a 10 percent penalty for holders if they sell. Out of the 10 percent, 5 percent is redistributed to HODL and the other 5 percent is redistributed to the liquidity pool. There are many more projects that SafeMoon plans to release. To learn more about SafeMoon, please visit the SafeMoon website for more detail.

In this article, we will go over how to buy SafeMoon using Binance.US. We will use two platforms (Binance.US and Trust Wallet) to do all of our transactions. It will be in three simple steps consisting of buying coins and swapping the coins!

For step-by-step instructions with screenshots, please check out this slide:

To watch us present these slides, check out this YouTube video:

Step 1: Download Binance.US app and Trust Wallet app

First, download the Binance.US app on the Google Play store:

Then, download the Trust Wallet app on the Google Play store:

Create an account in each app. In the Trust wallet app, it is very important that you do not lose your word phrase for it is like your password! In the Trust Wallet app, it does not ask for any verification or identification. If you lose your word phrase, you will never be able to access your Trust Wallet account.

Please keep your word phrase in a safe place!

Step 2: Buy coins with fiat money

Once you have created your accounts on Binance.US and Trust Wallet, you are going to make your first purchase of BNB coins with your fiat money.

Afterwards, you will withdraw these coins to your Trust Wallet account.

You will need to copy your BNB received address from the Trust Wallet app. It is very important you copy the right Address from your Trust Wallet account to paste into your Binance.US Received Address field.

Lastly, double check your Trust Wallet to make sure you have received your BNB coins.

Step 3: Swap coins

Once you received your BNB coins in your Trust Wallet, you will need to swap your BNB to Smart Chain.

Afterwards, at the bottom of the Trust Wallet app, look for DApps. Click DApps and search for PancakeSwap. On PancakeSwap, search for SafeMoon.

Finally, Swap your BNB (Smart Chain) for SafeMoon.

Congrats! 🎉 You now have SafeMoon in your wallet! 🎉

Conclusion

If you enjoy reading our simple steps on How To Buy SafeMoon, please like and share our article. Don’t forget to clap to help us reach more readers! 😇

Test your understanding by taking our short quiz! 💪

For a detailed discussion about the steps to buy SafeMoon, check out our podcast episode 1!

This article is brought to you by the Nhia Kou Foundation.

Disclaimer: Nhia Kou is not a financial advisor or institution. The information provided on this medium article does not constitute investment advice, financial advice trading advice or any other sort of advice. We do not recommend that any cryptocurrency should be bought, sold, or held by you. Nothing on this website should be taken as an offer to buy, sell, or hold a cryptocurrency. Do conduct your own due diligence and consult your financial advisory before making any investment decision.

--

--