It’s a crazy interesting experiment … but most of the time you don’t just make a coin because a coin is cool-you make a coin because maybe you’re going to build a global bank that allows people to deposit money and borrow money.” But this is a double-edged sword-at the end of the day, if no one wants to buy it because it doesn’t do anything and people only want to buy it because it goes up, that sounds sort of like a Ponzi scheme just built on blockchain. “Theoretically, it incentivizes it to go up over time. “You have this game of chicken where, if other people are selling, there’s less supply in the world of supply and demand,” explains Anthony Bertolino, VP of growth at iTrustCapital. Some crypto experts, however, are skeptical of SafeMoon’s model, which also “burns” some tokens with every transaction, reducing the available supply of the original one quadrillion tokens available. With Bitcoin, you don’t have more Bitcoins at the end of the year.” Now with SafeMoon, you have more SafeMoon after that year. With Bitcoin, what’s the reward for holding? It’s this speculation that after a year or so, it’ll be worth more than what it was before. “I call that the great compromise between those who want to day trade, and those like me who just want to put money into a cryptocurrency and then just hold. “On every buy and sell transaction, there’s a 10 percent fee,” SafeMoon CEO John Karony explains. What entices some investors to SafeMoon is the company’s claim that the structure of buying and selling tokens will cause the price of a token to go up over time. SafeMoon is one of these thousands and has had success in part because their push on social media platforms got millions of retail investors on board. The Utah-based company is less than a year old but has gained an impressive following, with millions of users holding SafeMoon tokens or coins.Įver since Bitcoin came into being several years ago, thousands of entrepreneurs have created their own cryptocurrencies. But I wish I had stuck with a better wallet.If you’re familiar with the crypto world you’ve undoubtedly heard of SafeMoon. So if you just want to buy and hold and potentially not cash out for years, you might like it a lot. With All that said, it probably is the most *convenient* way to buy and hold Safemoon. 6, there is no in-app help or support of any kind that I have seen. Why the heck not? That seems so basic………. Then it would be more helpful for planning things out…., 5, you can’t yet connect to a bank.
One suggestion that would change this would be to provide a button to input your current quantity. Seems like a great idea great but it’s not any better than just using your regular calculator app for most purposes. 3, I successfully sent Safemoon TO the wallet, but have not been able to send FROM it, or to swap coins within it. So you have to use a totally different means to see your portfolio value most of the time………. 2, The app does not accurately track the current price. But there is no mention of it in setup………. 1, they don’t make it clear at setup that you can link this with your existing Trust Wallet. There are a ton of things I don’t like about Safemoon Wallet. Whether you’re new to cryptocurrency or a seasoned investor, SafeMoon Wallet is the best place for you to buy, sell, or swap your tokens. We use Face ID 2-layer security and Google authentication. Your digital assets are safe with SafeMoon. You’ll be able to manage your portfolio from one easy view where you’ll see your balances, tokens, and current market movers. SafeMoon Swap allows you to swap one token for another with the click of a button. View charts of your favorite digital assets of varying time-frames or use the SafeMoon calculator to conveniently calculate your assets. Our streamlined interface will help you track the markets and make an informed decision about your crypto purchase. We support some of the most popular cryptocurrenciesĮthereum, SafeMoon, BNB and many of the most popular crypto tokens are here. Our calculator will break down exactly which tokens you’re purchasing, opening the door to the world of decentralized finance. Our wallet is easy to understand, even for crypto and blockchain beginners. SafeMoon Wallet is the safe place to buy, sell, and swap your crypto.
0 kommentar(er)
