How to Buy SafeMoon Crypto
2025-04-16
SafeMoon is a meme-inspired cryptocurrency built to reward long-term holders through its unique tokenomics. Launched on the BNB Chain in March 2021, SafeMoon gained early traction through community buzz and influencer endorsements.
But after the hype cooled and legal scrutiny followed, the project remains a high-risk, high-reward option in today’s crypto market.
If you're still interested in getting involved, this guide will walk you through how to buy SafeMoon crypto—using Bitrue as your primary exchange option.
Read More: How to Buy SAFEMOON SOLANA
What Is SafeMoon?
SafeMoon is a deflationary crypto token that charges sellers a transaction fee—initially 10% (now reduced to 2% with SafeMoon V2). A portion of each transaction is redistributed to holders, encouraging long-term holding by rewarding loyalty with passive income.
Key features:
- Static rewards: Part of every transaction is shared with token holders.
- Manual burns: The team occasionally reduces token supply to increase scarcity.
- Liquidity pool mechanism: Helps stabilize trading by ensuring token availability.
- Reflective tokenomics: Encourages holding rather than selling.
SafeMoon V1 vs. SafeMoon V2
In December 2021, SafeMoon transitioned to V2, consolidating the original token at a 1:1000 ratio. V2 also reduced transaction fees to 2%, making it more attractive to traders.
- If you own V1: You can manually swap them to V2 via the SafeMoon Wallet or SafeMoon Swap.
- If you buy now: You're likely buying SafeMoon V2 by default.
How to Buy SafeMoon on Bitrue
Step 1: Create a Bitrue Account
Visit Bitrue and register an account. Complete any KYC verification if prompted, especially if you plan to make large trades.
Step 2: Deposit Funds
Fund your Bitrue account using USDT, BTC, or another major crypto. You can deposit directly from your existing crypto wallet or buy USDT using a debit/credit card on Bitrue.
Step 3: Search for SafeMoon
Once funded, navigate to the Spot Trading section and search for SafeMoon (SFM)—which is the ticker symbol for SafeMoon V2.
Step 4: Buy SafeMoon
Choose how much SFM you'd like to buy, place a market or limit order, and confirm the transaction.
That’s it—you're now a SafeMoon holder.
Where to Store SafeMoon
Once you’ve purchased SafeMoon, you can:
- Keep it on Bitrue (for short-term trades)
- Transfer it to a non-custodial wallet like Trust Wallet or SafeMoon Wallet for longer-term holding and full control
Always store your recovery phrase securely if using a non-custodial wallet.
Advantages of SafeMoon
- Rewards for Holding: Reflective tokenomics reward long-term investors.
- Deflationary Model: Token burns help reduce supply.
- Community-Driven: SafeMoon has a passionate user base.
Risks and Criticisms of SafeMoon
- Extreme Volatility: Price has dropped over 95% from its all-time high.
- Fraud Allegations: Multiple lawsuits and whistleblower claims have shaken investor confidence.
- Limited Utility: Beyond speculation and its native wallet/swap, SafeMoon has few real-world use cases.
- Liquidity Risk: Smaller trading pools can make it hard to exit large positions.
Caution: SafeMoon is a speculative asset with a controversial past. Legal challenges and lack of transparency have hurt its credibility. Only invest what you can afford to lose.
FAQs
Is SafeMoon a good investment?
SafeMoon is high-risk and speculative. While its tokenomics reward holding, it has faced serious credibility issues. Always DYOR (do your own research).
Can I buy SafeMoon with USD?
Not directly. On Bitrue, you must first buy USDT or another base pair and then swap it for SafeMoon.
Disclaimer: The content of this article does not constitute financial or investment advice.
