To buy SafeMoon V2, you need to install a cryptocurrency wallet such as SafeMoon Wallet (you can also use Trust Wallet or MetaMask).
Next, you need to purchase BNB on Binance and transfer it to SafeMoon Wallet.
Finally, you can trade BNB from SafeMoon V2 to SafeMoon Wallet.
Buying BNB from a cryptocurrency exchange like Binance is highly recommended.
This is because fees are less expensive.
If you are buying BNB from SafeMoon Wallet, there will be a commission of 3.5% (MoonPay) or 4.95% (Wyre).
On the other hand, if you are buying BNB from Binance, the commission is only 0.1%.
Transferring your BNB from Binance to SafeMoon Wallet will take about 30-60 minutes to complete.
You will then be able to exchange your BNB for SafeMoon V2 (SFM) on SafeMoon Swap.
Table of Contents:
1. Download SafeMoon Wallet
First, you need to download a cryptocurrency wallet.
There are multiple cryptocurrency wallets including SafeMoon Wallet, Trust Wallet, MetaMask, and more.
For the purposes of this guide, we will use SafeMoon Wallet.
Go to the App Store or Google Play Store and download SafeMoon Wallet.
After downloading the app, you need to create a new wallet.
The wallet creation process requires you to save a secret recovery phrase and set a password.
2. Download the Binance app
The second step is to use a cryptocurrency exchange to buy BNB.
This is because you need to exchange BNB for SafeMoon V2 later.
Binance is highly recommended because it has one of the lowest fees (0.1%).
To get started, download Binance from the App Store or Google Play Store.
Follow the on-screen instructions to create a new account.
When creating a new account, be sure to use “73583477” as your referral code.
The account creation process requires you to verify your identity by uploading your ID and a photo of yourself.
3. Buy BNB on Binance
After creating a Binance account, it’s time to buy some BNB.
If you’re using the lite version of Binance, tap the reverse icon.
After tapping on the reverse icon, tap “Buy”.
Then, select “BNB” to purchase BNB.
Enter the amount of BNB you want to buy (minimum $100) and tap “Buy”.
Finally, choose your payment method and tap “Confirm” to confirm your purchase.
4. Copy your BNB address to SafeMoon Wallet
Now that you have purchased some BNB on Binance, you need to transfer it to SafeMoon Wallet.
First, open SafeMoon Wallet and log in to it.
Once you are on SafeMoon Wallet, tap on “Receive”.
After tapping “Receive”, tap on “Smart Chain”.
Finally, tap “Copy” to copy your BNB wallet address to SafeMoon Wallet.
5. Transfer your BNB from Binance to SafeMoon Wallet
Now that you have copied the address of your BNB wallet to the SafeMoon wallet, you can send it BNB.
Open the Binance app and log in to your account.
If you’re using the lite version of Binance, tap the wallet icon in the bottom navigation bar.
Then, tap on “Withdrawal”, select “Crypto” and select “BNB”.
After selecting “BNB”, you will land on the “Withdraw BNB” page.
On the page, you will see 3 fields including “Address”, “Network” and “Amount”.
First, paste the address of your BNB wallet from SafeMoon Wallet into the “Address” field.
Secondly, select the network “Binance Smart Chain (BEP20)” if it is not selected automatically.
Thirdly, enter the amount of BNB you want to transfer.
Finally, tap “Withdrawal” to transfer your BNB from Binance to SafeMoon Wallet.
The transaction will take about 30-60 minutes to complete.
6. Exchange BNB for SafeMoon V2 on SafeMoon Wallet
Upon completion of the transaction, the BNB amount will increase on SafeMoon Wallet.
Now you will be able to buy SafeMoon V2 by exchanging BNB for it.
First, open SafeMoon Wallet and sign in.
Once you are on SafeMoon Wallet, tap on “Swap” in the bottom navigation bar.
On the exchange page, make sure that “Smart Chain (BNB)” and “SafeMoon V2 (SFM)” are selected.
Then, enter the amount of BNB you want to trade with SafeMoon V2.
Finally, tap “Swap” to exchange BNB for SafeMoon V2!
Now, when you go to your wallet, you will see that your SafeMoon V2 balance has increased and your BNB balance has decreased.
Conclusion
The process of purchasing SafeMoon V2 (SFM) on Trust Wallet or MetaMask is similar to buying on SafeMoon Wallet.
However, if you are using Trust Wallet on an iOS device, you will not be able to exchange BNB with SafeMoon V2 directly on the app.
Instead, you will have to use PancakeSwap on your browser to exchange BNB for SafeMoon V2.
This is because the DApp browser is removed for iOS devices.
