• What is the S𝕒feMoon Trust Wallet? How C𝕒n I Sell SafeMoon?

    What is the Safemoon Trust Wallet

    As many popular exchanges don’t list Safemoon coins, it is difficult to sell Safemoon and convert it into fiat.

    For example, if you wish to liquidate your Safemoon coin into USD or any other fiat currency, you would need to swap it for another coin first. Safemoon Coin can be easily swapped for BNB or Binance Coin, as they are easy to cash out.

    Although you may choose any other coin you want, we will use Binance Coin in this tutorial as an example.

    1. Swap the Safemoon Coin: Safemoon login

    First, you need to exchange your Safemoon currency for another Pancake Swap is one way to do that.

    Step 1) You need to first link your corresponding Pancake Swap to your appropriate Trust Wallet.

    Step 2) You should have your Safemoon coin stored in your Trust Wallet.

    Step 3) Copy your token and paste it onto the Contract Address after connecting your Trust Wallet.

    Step 4) You can obtain Contract Address (Token No) on Trust Wallet by opening Trust Wallet, going to View Market Cap, scrolling down, and finding the link here. Safemoon login

    Step 5) Your desired amount of coins can be selected.

    Step 6) You can now trade it for another digital currency, such as Bitcoin.

    Step 7) Choosing the slippage tolerance is necessary here. It is up to you to select.

    Step 8) Click on Swap, and then click Confirm.

    Step 9) To proceed, tap on I Understand, then Continue, if you do not have a problem with the 10% fees for Safemoon.

    After you swap the Safemoon coin with another popular coin, like BNB, withdrawing it is much simpler.

    You need to close all active positions when selling a coin in the order you wish to swap it, if you are unable to swap it, the reason might be that you hold any position in the asset.

    2. Sell the Safemoon on Binance:

    Binance makes it much easier to withdraw funds and convert them to cash. By changing your coin to BNB, it will be much easier for you to withdraw the balance from your bank account or PayPal account.

    Creating your Binance Account and linking your bank account is the first step in this process. If you have already completed this step, you can move on.

    So here are all the desired steps for selling the Safemoon on Binance:

    Step 1) Log in to your Binance account.

    Step 2) Tap the Trade button.

    Step 3) Tap on the Sell button.

    Step 4) Once you have decided which Cryptocurrency you want to sell, you can select it.

    Step 5) Once that is done, you can enter the amount.

    Step 6) After that, you will be able to select the Fiat Currency you want to receive. There is a list of currencies in your country in the Binance App (e.g. USD, GBP, EUR, etc.)

    Step 7) Tap the Confirm button!

    Using Binance, you can withdraw Safemoon Coin.

     

     

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