BitMart is a controlled cryptocurrency exchange that is currently regarded as one of the safest platforms. BitMart has a multi-layer design to ensure the platform’s members’ safety, scalability, and reliability.
Many traders who’ve been looking for moderate cryptos use BitMart as well. This is since BitMart is continually updating its list of new crypto that have yet to be added to other exchanges. BitMart boasts more than 5 million customers and a market cap of $1.2 billion.
Buying tokens from BitMart is not rocket science. You just need to know some basic steps.
How To Buy Safemoon On BitMart?
Steps to Buy Safemoon on BitMart:
Step 1: You’ll need a crypto wallet if you would like to save your SafeMoon in the safest possible zone. You can store your currencies and communicate with the blockchain channel with this tool. Private and public credentials are stored in these wallets.
There are two variants of them, one of which is better than the other. Hardware wallets seem to be the most secure way to store your cryptocurrency, ensuring your safety above all else. If setting it up is a bother, you may even use a software wallet.
Step 2: Log in to your BitMart account using your details.
Step 3: The next step in purchasing SafeMoon is to deposit USDT into your account. For doing so, proceed to the site’s top navigation and select “Buy Coins.” After that, you must choose your preferred payment option. Credit and debit cards are only a couple of the alternatives. Choose your payment method.
Step 4: You’ll see a long list of cryptocurrencies after selecting “Buy.” Select USDT and proceed to the payment page. After that, all you have to do is choose your desired amount and press “Continue.”
BitMart will inquire now about your payment information once you’ve completed all of this. Confirm your payment after you’ve finished everything. It’s worth noting that your transaction may take a few minutes to show up in your account.
Step 5: It’s time to exchange those USDT into SafeMoon now that you’ve got them. Select “Standard” from the “Spot” drop-down menu. You’ll be taken to the trade page, which is a bit perplexing. But don’t worry, we’ll take care of everything for you.
You will enter “SafeMoon” in the search bar in the upper right corner. The only trading pair is USDT/SafeMoon, as you can see. The page will reload when you open it.
You’ll find a box with a “Buy SafeMoon” option at the end of this new page. Keep an eye on SafeMoon’s pricing, which would be displayed on the left corner of the display, and pay that amount. Then, input the USDT amount you would like to trade.
Tap the 100 percent button below to trade all of your USDT. Select “Buy SafeMoon” to finish the transaction.
Also Read: Is BitMart Safe, Secure & Legit?
SafeMoon Reflections On BitMart
By market capitalization, SafeMoon has rapidly climbed to become Binance’s third-largest cryptocurrency.
According to its website, cryptocurrency is made up of three core aspects. Reflection is considered the first one. That’s where a fee is applied to SafeMoon transactions, which is then dispersed among token holders.
For the time being, BitMart will capture everyday copies of users’ Safemoon transactions and disseminate them every month. Every month, before the 10th, distribution will be done.