This keeps investors from selling their investment, even if SafeMoon doesn’t provide any real value. This 5% fee is burned, redistributed and added to the SafeMoon liquidity pool on PancakeSwap. Unfortunately for SafeMoon holders, this effect is usually negligible, especially after the 5% fee is incurred when selling the tokens. If you want to be fully immersed in the crypto world, buying Mooncoin (MOON) is not enough. There are hundreds of different cryptocurrencies, exchanges, crypto wallets and other crypto-related products or services that you might want to learn about, but there’s simply not enough time. Luckily, here you’ll be able to find all the expert-gathered information needed for your successful crypto journey, everything in one place.

For these reasons, TikTok influencers have been showing off SafeMoon to their followers, pumping the price of the crypto asset. Since the cryptocurrency phenomena is gaining momentum and its fanbase is growing rapidly, it’s no wonder that more & more retailers are integrating crypto as a payment method. So, if you choose to buy Mooncoin with a debit or credit card, keep in mind that you can now spend it with a lot of online stores and vendors. The biggest pros of paying with crypto are simplicity of the transactions & high levels of anonymity. Many people who choose to buy MOON with credit card instantly are going to keep the altcoin in their usually-hardware wallet. As cryptocurrency, Mooncoin can be used as a reliable tool for micro transaction payment that is fast and transparent.

You can also sell your MOON & get cash directly to your door, or receive your chosen currency to your bank account. Many people who buy Mooncoin actually do so in order to store the altcoin in their wallet for a very long period of time, hoping that the Mooncoin price increases exponentially with time. More and more reliable sources come out and state that, if you buy MOON or any other altcoin as an investment, it’s as legitimate as if you were to invest in traditional assets. Firstly, select the cryptocurrency you want to purchase (since you’re searching for how to buy Mooncoin, select MOON). Lastly, specify the amount of crypto you want to buy and fill in your Mooncoin wallet address.

With MoonWord, users can fully customize the platform that is designed to be flexible. With large supply and decentralized governance, makes Mooncoin accessible to many users. Dedicated Mooncoin team continues to developed the project to create best blockchain using MoonRock.

Buy Mooncoin With a Credit Card, Debit Card or VISA Instantly

“Rather than risking your money on a token that is difficult to buy, and may become impossible to sell, consider a coin that is in the top 20, listed on all major exchanges, or invest in a diversified crypto fund. With major recognized names and decent market liquidity, how to get bitcoin private it will be easy to exit your position when you need to sell,” he says. If you plan on holding SafeMoon over the long term, you’ll also benefit from the reflections as you receive a portion of the fee incurred whenever other people sell their tokens.

Another thing you can do after you buy Mooncoin is send it to your peers or basically to anyone who has a Mooncoin address. You can do it via many top-rated cryptocurrency how to but xrp exchanges like KuCoin, Binance & Coinmama. The greatest advantage of sending MOON from your Mooncoin address to another one is how easy and fast it is.

• By buying your Mooncoin with a credit card, you will receive instant confirmation & lightning fast payouts.
• The first choice is a hardware wallet, and then you can go with the official coin wallet and third-party software wallets.
• It is a News Media Platform which serves its audience with accurate News and Analytical Articles.

There are thousands of service providers on that end, and choosing the right one would take an entirely new guide to share some knowledge about this topic. With so many options out there and so many unbalanced reviews across the internet, it can be quite challenging to choose the right exchange service. Since we are looking out for you and we are interested in making you win money as well, we have taken the liberty of picking ten of the best ranking exchanges you can contact on the internet. For the sake of transparency, we can tell you that our operations keep running each time you click on these recommendations. There is no better way to get started with cryptocurrencies than aiming high for the big boys. You have to buy your first shares of Bitcoin or Ethereum by creating an account at COINBASE.

How to know if an altcoin is worth paying attention to?

This is in addition to any fees you may owe a crypto exchange for facilitating the sale. Bitcoin is the cryptocurrency that started it all – the “flagship” of the cryptocurrency industry. It is undoubtedly the best-known crypto on the planet – even if you were to buy MOON, you probably know perfectly well what Bitcoin is! There are quite a few technical and even philosophical differences between Bitcoin and many of the altcoins located on the market, and naturally, they differ in terms of popularity and reputation, too. One of the reasons why hardware wallets are popular among crypto enthusiasts is the Pin encryption, meaning that only you know your private keys.

How Many MoonSwap (MOON) Coins Are There in Circulation?

Our vision is to innovate and expand a tried and tested Blockchain, to create an ecosystem that enables social interactions and initiatives in science and education. The Moon ecosystem aims to serve as a platform for fast, secure monetary transactions, upon which innovative, game-changing initiatives can be implemented and executed. The MoonSwap token (MOON) is an ERC20 asset that acts as a reward mechanism for holders — since all fees accrued on the platform are distributed to MOON holders. Those who participated in the MoonSwap migration prior to January 2021 were also rewarded with a Dragon non-fungible token (NFT) for use within the ConDragon DeFi RPG game. MoonSwap is a second layer solution that aims to eliminate the speed and high gas fee issues that can come with trading on automated market making (AMM) platforms like Uniswap.

SafeMoon price: How much is SafeMoon worth?

More likely than not, the Ellipal Titan will be the only hardware wallet you’ll ever need. The hardware wallet offers a sleek, touch screen interface that lets you easily view your portfolio directly on the hardware wallet. Cryptocurrency has the same number of users as the internet did in the late 90s. Just like the dot-com bubble, it’s likely that many smaller cryptocurrency projects won’t last in the long term – especially projects with unverified teams that have yet to deliver on their promises. Likely, one of these small projects is SafeMoon, a token on Binance Smart Chain (BSC).

With talks of an increased capital gains tax, collateralizing your cryptocurrency to receive a loan is a great way to take profits from your investment without needing to pay capital gains. The software wallet works alongside the hardware wallet, and it lets you trade cryptocurrencies directly from your application. The Ellipal Titan is currently $30 off on the company’s website, making it a bargain considering all the premium features. The reason some investors think they’re early investors in SafeMoon is its low token price. SafeMoon can be bought for far under a penny, leading some to think there’s lots of room for the cryptocurrency to grow. However, it’s almost impossible for SafeMoon to reach a penny, much less a dollar.

Since the token taxes investors when they buy, sell or transact SafeMoon tokens, you’ll need to increase your slippage tolerance to 10% or more to successfully swap your tokens on PancakeSwap. Getting in early in any cryptocurrency can be an appealing way to get rich quickly. However, most small cryptocurrencies don’t end up pumping like DOGE or SafeMoon, so your money may be more stable in more established, large cryptocurrencies. For investors who aren’t looking to take on extra risk, BlockFi offers interest bearing cryptocurrency accounts. Simply make an account, deposit your crypto and start earning up to 10% annual interest on your crypto holdings. For some exchanges there is depth percent it shows how much liquidity is available, live bids 2% up or down from the current price.

Nonetheless, the true founder of the project operates under the alias Mr. Moon. According to a MoonSwap team member, Mr. Moon has experience working in a traditional internet company, whereas the MoonSwap CTO has been doing contract development since 2017. James is currently Hardware Editor at Rock Paper Shotgun, but before that was Audio Editor at Tom’s Guide, where he covered headphones, speakers, soundbars and anything else that intentionally makes noise. A PC enthusiast, he also wrote computing and gaming news for TG, usually relating to how hard it is to find graphics card stock. If you do decide to buy SafeMoon, just make sure whatever you invest is money you can afford to lose.

Is SafeMoon a Good Investment?

The generally agreed-upon definition of an altcoin is any other cryptocurrency that is not Bitcoin – simple as that. In other words, all of the different cryptocurrencies (except for Bitcoin) that you can find on the market movies about cryptocurrency are going to be altcoins! Sure, the definition tends to change a bit with time, but the general idea remains the same – say, if you were to buy Mooncoin on KuCoin or any other exchange, you would actually be buying.