![]() Safemoon is a big gamble, so take that into account when deciding how much you'll buy. Enter the amount of Binance Coin you want to trade and select Safemoon as the cryptocurrency you'll receive.Visit Pancake Swap and go to its exchange page.If you buy it through an exchange, transfer it to your crypto wallet. Trust Wallet is the one that Safemoon's developers recommend. You can adjust this by tapping the settings icon on Pancake Swap. Safemoon's developers advise a slippage tolerance of 12%. If the slippage tolerance isn't high enough, the trade may not go through. Slippage is when the price of a crypto moves between the time you submitted the trade and when it executes. Note that you may need to adjust the slippage tolerance to get the trade to process. When you're ready, select "Swap" to make the trade. Pancake Swap will show you the estimated amount of Safemoon you'll receive. Enter "Safemoon" in the search bar and select it when it appears. Use "Select a currency" to choose the cryptocurrency you want to receive. Choose "Max" if you want to trade all the Binance Coin in your wallet. On Pancake Swap, enter the amount of Binance Coin that you want to trade. You'll also need to connect your wallet, which you can do using the "Connect" button in the corner of the page. Go to Pancake Swap, click "Trade," and then click "Exchange" to reach that same exchange page. The process is different if you're using the Binance Smart Chain wallet. This takes you to Pancake Swap's exchange page, where you can trade one crypto for another. Note that if you have an iPhone, this option is labeled "Browser." Scroll down until you find Pancake Swap and select it. Select "DApps'' from the bottom menu of Trust Wallet. Pancake Swap is an exchange that lets you trade many different cryptocurrencies, including Binance Coin and Safemoon. After that, you can use the Binance Smart Chain wallet to trade for Safemoon. If you have an account with Binance, you can purchase Binance Coin there instead. You may need to verify your identity to complete the purchase. Enter your payment information and confirm the transaction.dollars and select "Next" to go to the payment page. Enter the amount you want to purchase in U.S.This takes you to Binance Coin's page within Trust Wallet. From the home screen, tap "Smart Chain." If it isn't available, use the icon in the upper-right corner of the app to search for it.Here's how to buy Binance Coin using Trust Wallet: Binance Coin (BNB) is the recommended option. Instead, you're going to need another cryptocurrency that you can trade for Safemoon. Safemoon can't be purchased directly with cash. Write down your recovery phrase, store it in a safe place, and never share it with anyone. However, if anyone else gets your recovery phrase, they could use it to steal all your crypto. If you lose access to your wallet, you can still get your crypto back with the recovery phrase. This phrase is extremely important, because it's a readable form of the private keys to your crypto wallet. Trust Wallet will provide your recovery phrase. You can download it on your smartphone, either from the App Store or Google Play.Īfter installing Trust Wallet, open it and select "Create a new wallet" (unless you've used it before and you already have a wallet). Safemoon's developer recommends buying it using Trust Wallet, which is a crypto wallet application. Don't put in too much money, and keep in mind that there's only a slim chance it will pay off. If you want to give it a try, look at it like buying a lottery ticket. Many have called it a pump and dump, and the only thing that makes it unique is a 10% fee for selling it. Before we get into that, a word of warning: Safemoon is a very high-risk cryptocurrency. ![]()
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