What is CoinGecko used for? Can you buy SafeMoon on CoinGecko?

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What is CoinGecko used for? Can you buy SafeMoon on CoinGecko?

What is CoinGecko used for? Can you buy SafeMoon on CoinGecko? | Find out now!

CoinGecko is a ranking system for cryptocurrencies. Founded in 2013, the website provides metrics to help investors decide what currencies to buy into. It’s based on five factors: price, market cap, volume, liquidity, and development activity. SafeMoon is a cryptocurrency that has been explicitly designed to be transferred between one friend to another in an effortless manner without requiring account signups or third-party financial institutions. 

It does not have an exchange platform, so it can only be purchased using other cryptocurrencies such as Bitcoin or Ethereum. SafeMoon can be purchased through CoinGecko in three different ways: direct purchase, trading pairs, and futures contracts.

Direct purchase can be made for a specific amount of SafeMoon with Bitcoin or Ethereum:

1 Bitcoin (BTC) = 1,000 SafeMoon (SMC)

1 Ethereum (ETH) = 40 SafeMoon (SMC)

This direct amount of SafeMoon purchased cannot be withdrawn from CoinGecko’s Exchange for the first time. We have implemented a new safety feature to protect our users from common exchange scams. At any time after you have completed the form, you will be able to see how many Safe Moon coins are left in your account – even if you haven’t finished withdrawing them. For now, on CoinGecko, to withdraw your SafeMoon coins, you will need to sell them back for Bitcoin or Ethereum.

Trading pairs, on the other hand, allow you to buy SafeMoon using Bitcoin and Ethereum:

0.0005 ETH = 1 SafeMoon (SMC)

0.0001 BTC = 100 SafeMoon (SMC)

Currently, two futures contracts are available for purchase: 0.001 ETH and 0.001 BTC per contract. The minimum daily volume set for these contracts is 1,000 ETH or 1,000 BTC. As soon as the long and short trading options reach this volume, they will open immediately. However, the long and short trading options will not start trading until trading pairs have been active for a minimum of 24 hours.

SafeMoon Coin was designed with one purpose: 

To be owned or transferred between two individuals without the need for an account on a third-party platform. The coins are not sold in exchange for FIAT but rather for other cryptocurrencies like Bitcoin or Ethereum. This is the only way to purchase SafeMoon outside of direct purchase. We had to build a complete platform from scratch that could serve as the backbone for our cryptocurrency to make this possible.

This platform is built with only one purpose in mind; that friends can transfer money between one another without any unnecessary third parties such as banks or financial institutions. It is completely peering to peer, and there is no account signup process necessary. 

You send SafeMoon from one friend to another.

This system makes sense for SafeMoon because we built the technology for our purposes but then made it accessible for individuals who want the same transferability of their cryptocurrency tokens between friends. A token that can only be transferred directly from one individual to another without the need for an account on a third-party platform is essentially useless as a means of investment.

 

We had to build a complete platform from scratch that could serve as the backbone for our cryptocurrency to make this possible. This platform is built with only one purpose in mind; that friends can transfer money between one another without any unnecessary third parties such as banks or financial institutions. Therefore, it is completely peering to peer, and there is no account signup process necessary.

You send SafeMoon from one friend to another.

This system will allow us to eventually develop an application to make purchases, pay bills, and even make international transfers of our cryptocurrency tokens. While building this technology, we will also be developing a desktop app with full functionality and mobile apps that can be used anywhere in the world.

Indeed, you can’t buy SafeMoon directly on CoinGecko, which is why it’s not listed on our platform at the moment. However, you can buy SFC with your BTC or ETH directly through the exchange we use for trading. These exchanges offer much higher liquidity than we do. They allow you to own SafeMoon without ever having to use our system. 

You can have all the benefits of SafeMoon without ever using our platform.

However, if you want to use our platform, rest assured that in the future, we will be offering an option to purchase SafeMoon with Bitcoin or Ethereum and then withdraw it for free. We are working on several new improvements that we hope to launch soon, making your purchase experience much more enjoyable. But for the moment, there is no better way to own SafeMoon than through the source – buying directly from us.

Friendly Reminder: 

You can not withdraw your SafeMoon Coins from CoinGecko until at least 24 hours after you have completed the process of purchasing them. We hope this is not a burden, but it is necessary to keep people from being scammed by exchanges running scams. So if you do decide to buy SafeMoon on our platform, you will need to sell it back for Bitcoin or Ethereum before leaving us.

Conclusion

Safe Moon Coin is the first-ever cryptocurrency built to accommodate peer-to-peer transactions between friends. It’s not listed in CoinGecko’s Exchange because it can only be purchased using other cryptocurrencies. While we plan to lower the time between purchasing and withdrawing, buying directly from us is the only way to own SafeMoon Coin without a third-party account. 

The SafeMoon platform will be made available as an app later, but you can now use our platform by buying them directly from us with BTC or ETH. As always, we appreciate your feedback and welcome any questions. Feel free to visit our Discord Channel and ask us anything there.

Safe Moon Coin is not available on CoinGecko’s Exchange at the moment. Still, you can buy it directly from Secure Crypto Traders with BTC or Ethereum. If we can withdraw SafeMoon coins in the future, please be aware of the time restrictions before leaving our platform.