Safemoon, which runs on the Binance Smart Chain blockchain, debuted on March 8, 2021, but it took off like a rocket on Twitter and TikTok in mid-April, piquing the interest of many crypto investors.
Due to the rapid surge of Safemoon investors, Binance had to temporarily prohibit withdrawals from its platform on April 20, 2021.
Key Takeaways
• Hotbit Exchange has worked with major blockchain-technology industry partners such as Spark Pool, Mytoken, F2pool, HashQuark, and Slow Mist to provide traders and investors with safe, stable, and feature-rich trading environment.
• Kickex is a next-generation cryptocurrency exchange platform that combines cutting-edge order types, a robust referral system, and a highly competitive reward program with cashback and minimal costs on every deal.
Safemoon was selling at roughly $0.000002 on April 18th, according to CoinMarketCap.
Two days later, Safemoon reached an all-time high of $0.00014, representing a nearly 7,000% increase. If you put $1,600 into Safemoon on March 22nd, you’d have $60,000 a month later.
If you simply want to diversify your cryptocurrency portfolio by investing in Safemoon, below are the best places where you can purchase it:
SEE ALSO: SafeMoon Investing Guide – All You Need to Know
SEE ALSO: How to Buy Safemoon on Trust Wallet
1. Gate.io
Gate.io is one of China’s oldest crypto-to-crypto exchanges, having been in operation since 2013.
Since being rebranded as Gate.io in 2017, it has become one of the fastest-growing crypto platforms, with a leading Initial Exchange Offering (IEO) platform, having numerous cryptocurrencies including Safemoon, margin trading with leverage, and other advanced financial services such as margin lending or borrowing.
Despite having a robust trading engine, the platform interface is fairly cluttered and is not the greatest location for beginner investors to start.
Gate.io, like other cryptocurrency exchanges, has a minimal fee structure. It is not the cheapest service on the market, but there are many discounts available.
The exchange is also security-savvy, having been named by CER as one of the best exchanges in terms of cybersecurity. Users may encrypt their accounts in a variety of ways, and the platform has several built-in security features.
Finally, in addition to the 24/7 live chat that is open to all customers, it features a comprehensive help database that contains a FAQ section as well as a New Use Guide. For more complex issues, you may also file support tickets.
2. BitMart
BitMart Exchange, founded by Sheldon Xia, is a top-tier trading platform for exchanging, buying, and selling digital assets, with over 5.5 million members worldwide.
This Cayman Islands-based cryptocurrency exchange has been ranked among the top ten exchanges by CoinMarketCap.
Today, the platform is available in 180 countries and on 123 platforms. BitMart is now based in the Cayman Islands, with offices in China, South Korea, and the United States.
It is quite simple to sign up for the BitMart Exchange as it will be simple to use for inexperienced traders, and market experts will label it as a no-hassle entry.
BitMart employs 2-factor authentication to prevent unauthorized entry into the user’s account to keep traders’ personal information safe and secure.
For traders, trading fees, withdrawal fees, and other expenses are critical. Unlike other exchanges, BitMart has lower trading costs because it does not charge for deposits, but withdrawal fees vary depending on the cryptocurrency.
SEE ALSO: How to store your Polygon MATIC on Metamask Wallets
3. Hotbit
Hotbit exchange, founded in 2018, is one of the major cryptocurrency exchanges, with extensive features, a mobile app, and an easy-to-use user interface.
This exchange has worked with major blockchain-technology industry partners such as Spark Pool, Mytoken, F2pool, HashQuark, and Slow Mist to provide traders and investors with a safe, stable, and feature-rich trading environment.
Members of the Hotbit team are from the United States, China, and Taiwan, and they offer years of expertise in the development of this exchange.
Since its inception, this bitcoin trading website has attracted over 7 million active users from over 170 countries.
Hotbit trading exchange has a mobile trading app that customers may download from the website; it is compatible with both Android and iOS smartphones. It may be used by traders to examine and track open positions on the market.
Hotbit exchange is dedicated to offering high-quality features, security, and services. Users are provided with a fantastic experience as well as a platform that is intuitive, straightforward, and simple to use.
The site provides a broad selection of trading pairs and cryptocurrencies; users can simply conduct trades on the platform if they wish to trade their favorite digital asset at market value.
Finally, the network offers an IEO platform called Polaris, which is considered an initial coin offering just for exchanges.
4. Bitrue
Bitrue is one of Singapore’s several cryptocurrency exchanges. It went live in July of 2018.
Singapore, along with Hong Kong, is the Asian country with the most crypto exchanges. However, unlike many other exchanges, Bitrue has headquarters in both Taiwan and Singapore, as well as local offices in the United States and Europe.
Bitrue, like most other exchanges, provides its trading platform as a mobile application. You may easily get it from the App Store or your Android device. Don’t worry if you want to trade cryptocurrencies on the move rather than at your PC. Bitrue has got your back.
This exchange does not levy separate fees for takers and manufacturers. Their price structure is referred to as a “flat charge model.”
Their flat charge structure is 0.098%. This is significantly lower than the global industry average (arguably 0.25%) as well as the domestic industry average.
Bitrue claims to have an “excellent uptime record with a decentralized structure and anti-DDOS defense technology” on their website.
5. KickEX
Kickex is a next-generation cryptocurrency exchange platform that combines cutting-edge order types, a robust referral system, and a highly competitive reward program with cashback and minimal costs on every deal.
Kickex is designed for traders of all skill levels, from rookie to expert, and it offers never-before-seen advanced orders and automation capabilities that anybody can utilize.
Kickex’s fees are relatively low. It is important to note, however, that the fees charged by cryptocurrency exchanges are not the same as those charged by forex brokers.
Kickex accepts a wide range of crypto assets as well as fiat currencies such as the USD, EUR, and GBP.
Many prominent cryptocurrencies are exchanged, including Bitcoin, Safemoon, Ethereum, Bitcoin Cash, Ripple, Litecoin, Basic Attention Token, Ethereum Classic, and others.
To limit volatility, the value of a Stablecoin is tied to another asset such as the US dollar, bitcoin, or an exchange-traded commodity. Kickex lets you exchange cryptocurrencies like BTC, ETH, and DAI against USDC.
Kickex follows AML (Anti-Money Laundering) and Know Your Customer (KYC) regulations.
As a result, Kickex Pro requests that you provide your information, such as your name, contact information, a strong password, your driver’s license, and other relevant information.
The exchange offers two-step verification as well as a variety of additional security measures on the platform.
SEE ALSO: How To Store Your Polygon Matic On Ledger Nano Wallets
Frequently Asked Questions (FAQs)
Is the Safemoon coin a wise investment?
Safemoon, like all cryptocurrencies, is a highly speculative asset with no fundamental value. If you decide to acquire Safemoon, have it in mind that there is a possibility of you making a loss at some point.
What is the total number of Safemoon coins?
Safemoon is presently ranked 202 on Coinmarketcap, with a $2.9 billion market value and a circulating supply of 585 trillion tokens. Safemoon has a total quantity of one quadrillion tokens.
Final Thoughts
Safemoon has seen a massive leap in value in recent weeks, making crypto investors want to know the best crypto exchanges to purchase this coin.
This article provides a list of these exchanges and their unique features. Unfortunately, Safemoon is only available on a few select crypto exchanges.
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