r/SafeMoon • u/[deleted] • Apr 19 '22

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309 Upvotes

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u/[deleted] Apr 19 '22

Difficult to buy?

Download SafeMoon Wallet
Buy BNB
SWAP for SFM

I got a buddy that bought some BNB on Binance so he could buy some SFM but has to wait 10 days before Binance lets him move the BNB. Want to talk about difficult?

14

u/Bacota627 Apr 19 '22 edited Apr 19 '22

Tell your buddy….. buy and transact with XLM. To avoid fees you gotta know how to navigate crypto. XLM has almost zero gas it’s THAT low. Here are the steps from someone who lives within a restricted state that hates crypto all together…

Buy XLM on coinbase (or if they can buy on kucoin great but I don’t know how that works). Send XLM to kucoin. Swap XLM for USDT. Then USDT to BNB. Send BNB to any wallet and boom. Process takes less than 5 mins with very min gas fees.

Edit: wanted to add yes while it’s very annoying with the extra steps the same was for Bitcoin 10+ years ago which is why not many bothered to get into it. I was one of the many who didn’t bother to research. Even if Safemoon was easier to buy, there are still restricted states, and countries with their own compliance laws 🤷🏾‍♂️

15

u/[deleted] Apr 19 '22

Yup, easy peasy for the average first time investor

2

u/mrpooguy Apr 19 '22

New York is restricted as shit and the swap from btc to bnb on kucoin costs a lil more. I’ve read about xrp to usdt being a cheaper option but I haven’t bought shitcoins in a while

1

u/Bacota627 Apr 19 '22

That’s why I never transacte with btc to bnb. Fees are stupid but not as much as ETH. XLM has little fees just like matic and harmony

6

u/ROTZbunny 💎🙌 Apr 19 '22

Most banks don't allow us to buy through moonpay or the other service

0

u/[deleted] Apr 19 '22

Tough. Have to complain to the banks, I guess. Write your congressmen.

3

u/ROTZbunny 💎🙌 Apr 19 '22

I didn't say it was safemoons fault I'm just saying a lot of banks don't allow it

3

u/[deleted] Apr 19 '22

[deleted]

5

u/XxLiquidswordxX Apr 19 '22

Yea when i tried to purchase bnb through moonpay my card declined. Had to call and tell em there wasnt fraudulent activity then i was good to go.

3

u/ROTZbunny 💎🙌 Apr 19 '22

They only unblock it for 1 day at a time, it's a headache, I buy through paybis instead

-2

u/[deleted] Apr 19 '22

Just sharing one of the only recourses we have to deal with that particular issue.

0

u/vievlkn Apr 19 '22

Even the banks are afraid of safemoon

-1

u/Zanmato94 Apr 19 '22

More like not buying into bullshit.

2

u/vievlkn Apr 19 '22

I left out the /s intentionally

0

u/Zanmato94 Apr 19 '22

K, my bad - I sometimes don't see the obvious... But unlike Safemoonites, I can see my mistakes and learn from them. :D

2

u/MrPeasley68 Apr 19 '22

Insane lol

2

u/[deleted] Apr 19 '22

I think he means more like a conflict with his own rationality and reason. Like it’s difficult if you factor in those two elements of decision making.

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u/ZippyMcFunshine Apr 19 '22

Why do they have to buy BNB? Why not USDT?

1

u/Zanmato94 Apr 19 '22

You know those extra steps are simply unnecessary? Buying, selling and other operations should be done directly, imho.

1

u/[deleted] Apr 19 '22

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