When SafeMoon first launched, the easiest way to buy it on your phone was through the DApp provided by Trust Wallet. As more people got interested in SafeMoon, more people began using Trust Wallet. Even though the process of buying SafeMoon through Trust Wallet is not that simple, it was the easiest way to do it back in March.
With the launch of SafeMoon Wallet, SafeMoon hodlers are abandoning other wallets and migrating to the official wallet of SafeMoon. Although this has impacted Trust Wallet, hundreds of thousands of SafeMoon astronauts still use Trust Wallet.
Buying SafeMoon in Trust Wallet is the OG way to do it, so in today’s article, we will guide you through the process.
What is Trust Wallet?
Trust Wallet was founded in 2017 by Viktor Radchenko with the intention to make cryptocurrencies available to everyone. However, the Binance exchange made an offer shortly after and bought the wallet in 2018. Trust Wallet is primarily a mobile wallet, meaning that it can only be downloaded on mobile devices. This wallet supports millions of cryptocurrencies and digital assets, including all types of Non-Fungible Tokens (NFTs).
How to Buy SafeMoon in Trust Wallet?
Step 1: Download Trust Wallet
First off, depending on your type of mobile phone, go to the applications store. If you are using an Android device, go to Google Play Store & If you are using an iOS device, go to App Store.
Step 2: Create a Wallet
After you download your wallet, you will be asked if you already have an existing wallet on the TrustWallet app. If you already have a wallet, click on “I already have a wallet”, select the type of wallet that you have, and write your recovery phrase on the app.
If you want to create a new one, click on “Create a wallet” and follow the steps shown in the app.
Step 3: Write Down Your Recovery Phrase
While creating your wallet, you will be given a unique recovery phrase that you must write down on paper. This phrase is 12 words long and must be kept secret at all times. If you ever lose access to your wallet, you will need your recovery phrase to restore your wallet and your funds.
Step 4: Deposit Your Funds
Now that you have created and backed up your wallet, it is time to fill your wallet with funds. The best crypto to use when swapping to SafeMoon is Binance Coin (BNB) because of its low fees and speed. To deposit your funds, simply find the BNB Deposit address, copy it, and use it as a destination for your BNB.
Step 5: Activate DApp Browser
When you deposit the desired amount of BNB, you have to move to the next step, which is activating the DApp browser.
If you are using an Android device, this can be done by navigating to Trust Wallet > Settings > Preferences > DApp browser > Enable.
On the contrary, if you are using an iOS device, the DApp browser cannot be activated because of Apple INC. Guidelines.
Step 6: Execute the Swap
Using the DApp browser, go to a DEX that has enough liquidity to execute a SafeMoon trade. We recommend you use PancakeSwap. To wrap it up, simply connect your TrustWallet to the DEX, locate the exchange tab, enter the amount of SafeMoon tokens you want to buy, and execute the swap.
Also Read: SafeMoon Price Prediction 2022 – Will It Skyrocket Once More?
Takeaways
- When it first launched, SafeMoon holders mostly used Trust Wallet to store their tokens.
- Trust Wallet is a non-custodial mobile wallet owned by Binance.
- This mobile wallet supports more than 1 million tokens – SafeMoon included.
- Buying SafeMoon through Trust Wallet is simple, all you have to do is get the app, create a wallet, and execute the swap using the in-app DApp browser.
- Even though iOS users cannot use the DApp browser, Connect Wallet makes it possible to connect your Trust Wallet to most DEXs.