🔥 Safemoon Coin Buying Instructions | Paypal, Credit Card & SEPA

Safemoon website

There are innumerable crypto currencies - and the number of digital currencies is growing every day. Therefore, it may not be that easy to choose a cryptocurrency to invest in. Above all, you always have the history of the Bitcoin in the back of your head: Anyone who invested here ten years ago will probably be a millionaire or billionaire today if they were sold again at the right time.

A cryptocurrency that is new but has already attracted attention is called Safemoon.

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Buy Safemoon from Germany, Austria & Switzerland Instructions:

Safemoon course graphic CoinMarketCap

If you want to buy Safemoon, there are various options available. It should be noted that there are hardly any differences in German-speaking countries. In other words, it does not matter whether you are at home in Germany, live in Austria or are Swiss - the purchase of cryptocurrencies is easily possible in all three countries. In the end, it's all about which platform to invest on.

In order to be able to answer this question, you have to ask yourself what is important to you personally. Only then will you be able to find the right platform or the right provider for you.

It should be noted that with eToro a provider is available on the market who can certainly be trusted. Because eToro is a regulated or licensed broker (CySEC - Cyprus Securities and Exchange Commission, the financial supervisory authority of Cyprus), who not only offers trading and speculation with cryptocurrencies, but also with other assets. EToro also offers the Services of a crypto exchange at. You can also buy coins here and in the internal wallet store.

eToro website

eToro also scores with social and copy trading. That means you look for experienced traders, copy their decisions and participate in the successes. It should be noted, however, that not every experienced trader has to be successful all the time - there is no guarantee of profit.

Step 1: Register with eToro

Create eToro account

If you have made the decision to access the crypto market via eToro, you have to register at the beginning. The registration is done in a few minutes, as eToro does not require an initial verification. The so-called verification process must only be started before the first payment.

When registering, the new user must enter their first and last name, a valid e-mail address and a user name and password. Then the account is opened. It is important that when choosing the password, care is taken to use uppercase and lowercase letters, but also to integrate special characters and digits, so that the security of the password can be increased.

The registration already shows very clearly that eToro is a beginner-friendly providerwho tries to keep the platform as self-explanatory as possible so that no questions or difficulties arise. Not even if you are a beginner and have not yet had any experience in the field.

Step 2: Deposit with PayPal, credit card or instant transfer 

Deposit money on eToro account

Once the account has been opened, the first deposit has to be made. Various payment methods are available here: eToro accepts payment by credit card such as bank transfer, but also provides a few eWallets and also offers the option of making a deposit with PayPal.

Unique PayPal May be worth mentioning at this point - because although it is a very popular online payment service, it is seldom accepted in the online brokerage industry. Depending on the selected payment method, the money is available immediately (credit card, PayPal or instant transfer) or only after a few days (bank transfer).

Step 3: Buy and Sell Safemoon 

eToro markets overview

Either you specify the amount to be invested and eToro calculates how many coins you will get for it, or you specify the number of coins that you want to transfer to the internal wallet and eToro then calculates the amount to be invested. Even if eToro provides an internal wallet, that does not mean that it has to be used - you can also use a wallet from an external provider.

You can also use eToro speculate on the price. That means you don't have to buy coins, you can only work with the price movement - with a "long" position you bet that the price will go up, with a "short" position you bet that the price will go up sinks.

Safemoon buy deposit methods

The deposit methods that eToro offers guarantee that no compromises have to be made here. Because the multitude of deposit methods allows the conclusion that you will probably find your favorite method.

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Safemoon buy PayPal

PayPal may be particularly interesting. Because with PayPal a real-time transfer can be carried out. That means, anyone who wants to invest in the next few hours can easily use the PayPal service.

If you don't have a PayPal account yet, you can open an account within a few minutes. The first transfer to the PayPal account also only takes a few moments.

Buy Safemoon Sofortüberweisung

In addition to PayPal, there is another way of transferring money in real time with Sofortüberweisung. The advantage of the Sofortüberweisung? The money is transferred directly from the bank account. So you don't need a PayPal account or credit card.

Safemoon buy credit card 

It should be noted that credit cards are accepted by (almost) every provider. It is only important that you check in advance whether the financial institution from which you are using the credit card is also accepted. Because if only the VISA credit card is allowed, then no deposit can be made with the Diners Club or MasterCard.

Buy Safemoon with Paysafecard

The provider accepts the Paysafecard, you can also use this method of deposit. Here, too, the real-time transfer is the focus.

How to buy and sell Safemoon

Who visites invested in cryptocurrencies, he should ask himself from the beginning what price should be bought and then sold again. This is the only way to have a plan that ultimately leads to corresponding profits.

  • Buy Safemoon without registration: Shopping without registration is de facto not possible. That's because access to the crypto market is either via the crypto exchange or via the online broker is produced - and in both cases you have to register in advance in order to then buy coins or speculate with the price movement.
  • Buy Safemoon anonymously: That is also the reason why anonymous buying is not possible. Because for the purchase process you have to provide your data in advance to the crypto exchange or to the online broker.
  • Buy Safemoon without verification: In theory, however, it is possible to buy without verification. At eToro, the verification process is only started before the payout - that is, investing or buying coins is possible without verification.
Do you want to trade cryptocurrencies with the best conditions?

Start on eToro, the test winner crypto broker from Bitcoin-News.one

SIGN UP NOW
Your capital is at risk. Not ready yet? Read our Etoro review.

Where to Buy Safemoon Cheap: Crypto Exchange Fees Comparison

It is important that you take a look at the fee model in advance so that you don't have to experience any nasty surprises. Because the fees gnaw at the profits - and should therefore by no means be ignored.

eToro Plus500 Libertex
Deposit fee - - -
Withdrawal fee $ 5 1,9 % -
Purchase fee 1,9 % 3,08 % 0,41 %
Holding fee - 0,05 % -

Buy Safemoon or not: Is it worth buying Safemoon

Safemoon course overview CoinMarketCap

The price of the Safemoon crypto currency apparently exploded between April 17 and April 21, 2021: The price of the crypto currency rose from 0,00000159 US dollars to 0,00001399 US dollars - 780 percent in just five days. From March 12, 2021 to April 21, 2021, the price even rose by 69.850 percent! However, on April 22nd, it went back to $ 0,00000421: minus 70 percent.

The Safemoon may well be able to double its value in the next few years. If one follows the various forecasts, Safemoon could climb to 2028 US dollars by 0,00002165. Due to the fact that the crypto market will continue to gain strength, the price of the Safemoon may also go up.

Do you want to trade cryptocurrencies with the best conditions?

Start on eToro, the test winner crypto broker from Bitcoin-News.one

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Other special features when buying Safemoon

Safemoon team

With Safemoon there is another digital coin that points in the direction of “new Dogecoin" should go. This is a DeFi token that quickly grew in popularity on social media - especially those who have been interested in Safemoon who have been looking for an asset that is on the verge of breakthrough for a long time.

The name Safemoon is also an allusion to "to the moon", which is often referred to by the crypto traders who assume that the Dogecoin will soon experience an enormous price increase. Safemoon is a decentralized financial protocol - in short: DeFi. The market launch took place in March 2021. The DeFi token uses smart contracts that are based on blockchains such as Ethereum run in order to then be able to offer decentralized services.

Safemoon Roadmap 2021

Safemoon's protocol is based on three functions: reflection, liquidity pool and burn. The so-called reward mechanism for holding tokens also reflects the traded volume, which should subsequently encourage the owners not to sell the tokens - so you want to address "Hodler". Above all, what makes Safemoon unique is the fact that there is a 10 percent fee when the coin is sold.

Buy Safemoon Conclusion: This is the best way to buy Safemoon

We at Bitcoin-News.one find that although Safemoon is a new cryptocurrency, it has already caused quite a stir. Safemoon is particularly popular on social networks. And if you follow the experts, a price increase in the next few years is quite conceivable.

Do you want to trade cryptocurrencies with the best conditions?
eToro logo

Start on eToro, the test winner crypto broker from Bitcoin-News.one

SIGN UP NOW
Crypto investments are made by eToro (Europe) Ltd. and the custody is carried out by eToro Germany GmbH.
Your capital is at risk. Not ready yet? Read our Etoro review.

Callie Machalat

Callie Machalat from Bitcoin-News.one understands the information needs of the crypto community members, traders, researchers and developers looking for reliable information to understand and participate in the crypto revolution.

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