In this guide we will be discussing “how to buy safemoon on trust wallet” step by step guide. The quickest way to buy the safemoon crypto is through the trust wallet Safemoon is a community driven DeFi token and they also announced to launch their own SafeMoon Exchange in the future. The current price of this crypto is $0.000001463 per coin and is 9.33% up in the last 24 hours. This crypto is launched on BNB Smart Chain (BEP20) network, it mean you can buy this token using Binance coin.
Method 1: Buy Safemoon on Trust Wallet
Step 1: Install Wallet
The trust wallet is a decentralized wallet that has access to decentralized applications or Dapps. You will need to first install the trust wallet downloaded from google play store. You need to do a search for a trust wallet in paly store and it should come up in first place. When searching for the trust wallet, it’s important to ensure it’s the right app having 5 million plus downloads.
When you download and installing trust wallet for first time, You will be asked to create a new wallet and to remember a 12 word recovery seed phrase that work like you password. Just copy and keep in a safe place. In case you want to import your wallet to other devices or if you ever get log out of the trust app you can use this 12 word recovery phrase to sign back into your wallet. If you forgot this recovery phrases then you will never be able to access you crypto trust wallet account.
Step 2: Buy BNB
In order to buy safemoons, first you need to buy some Binance coin (BNB). BNB is one of the top 10 cryptos list easily accessible and can be purchase easily. For those located outside of the united states should purchasing BNB from the Binance and For users located in the united states should use Binance US to purchase BNB coins. You can also buy BNB coin from one of these exchanges FTX, Huobi Global, KuCoin, Gate.io and Poloniex. If you are beginner to Binance then you have to create an account fund your account using credit card or other available method for your country. You can Buy in exchange BNB using 90+ coin in Binance. You cannot buy Safmoon using BTC or ETH because it is on BNB network.
Step 3: Send BNB coins
Once you have successfully purchased BNB then you have to deposit it into your trust wallet account to swap BNB to safemoons.
- Just Click on Smart Chain (BNB) coin in trust wallet in wallet section and then click receive option to get a deposit address for BNB coin.
- Now copy and paste this address.
- Go to Your Binance account and Click on BNB coin in wallet section, you will se a withdraw option, click on this withdraw option and provide the copied address and make sure that the network selected is Smart Chain (BEP20) and confirm the transection.
- If you have send the coins to BNB direct not to BEP20 then you have to swap it before buying safemoon.
- The BNB coins will be received within 5 minutes in your Trust wallet. It only takes a few minutes for the Binance network to send BNB from the Binance exchange to the trust wallet.
Step 4: Buy Safemoon
There are few more steps now to buy safemoon. Just click the Dapp option at bottom of trust wallet account.
You will see a number of different option, just scroll down and click on pancakeswap exchange to buy safemoons. Pancakeswap is a Binance smart chain based decentralized exchange.
In the top right click connect (blue button) option to connect your wallet. Above this connect option there is another option for selection of network to the right side of Pancakeswap Finance, click on that and select network as BNB Smart Chain.
In the Exchange section on this page you will see to boxes one for From and other for To. It mean the first column is for the crypto you want to give in exchange for and the second column is for the crypto you want to buy.
Now Search for safemoon by clicking on dropdown menu in above second box. If you don’t see safemoon then you can copy and paste the contract address of Safemoon. You can find this contract address on official website of safemoon. Now it will automatically locate safemoons for you.
Go ahead and click confirm swap and after confirmation it will charged a network fee about 1-2$. It will ask to click approve and the transaction will be submitted.You will successfully buy some safemoon.
If you do encounter an error you need to adjust your slippage fee and increase it. This option is located below the connect option on settings page. If transection fails try will a little bigger transection slippage fees.
Alternative Method to Buy Safemoon
Beside PancakeSwap (trust wallet method), you can buy Safemoon on centralized and decentralized exchanges as well. The exchanges where you can buy safemoon included Bitrue, Hotbit, BitForex, Gate.io, MEXC, BitMart, Quidax, Biswap, Bitbns and Decoin.
Here we will choose and recommend Gate.io exchange for buying safemoon. On Gate.io Exchange you can buy Safemoon using USDT stablecoin, So To buy it, you will need to deposit USDT to Gate.io Account. If you don’t have any account on Gate.io then first make an account and verify it. the verification process is very simple and easy.
After depositing some USDT into you Gate.io account. Go to the trade section and search for SAFEMOON/USDT trading pair. When you have got the pair then click to access the exchange page. Now enter you USDT amount and click Buy to get you safemoon.
Alternative Easy Way to Buy Safemoon on Gate.io Video Guide