How to purchase SafeMoon SafeMars cryptocurrency using PancakeSwap

  • Home
  • /
  • Crypto
  • /
  • software
  • /
  • How to purchase SafeMoon SafeMars cryptocurrency using PancakeSwap
Standard / by / April 3, 2021 / No Comments

Safemoon community: https://safemoon.medium.com/
Safemoon website: https://safemoon.net/
Safemoon Telegram: https://t.me/safemoonv2

This is a short guide on how to purchase SafeMoon cryptocurrency (SafeMoon CoinMarketCap). If you’re in USA, get some crypto. For this example, we’re going to start off with Coinbase and LTC.

Requirements:

Obtain LTC on your favorite exchange. This example we’ll be using Coinbase. Alternatively, you can use crypto.com.

  1. Download the app, Trust Wallet
    • Note: if you already have TrustWallet with coins you can skip to step 3.
  2. Purchase LTC from Coinbase ~5min for transaction
  3. Use a coin swap service like https://changenow.io to convert LTC > BNB (simpleswap.io and guarda.com alternatively)
  4. Convert your BNB into Smart Chain – In Trust Wallet open your BNB, click … (MORE)
    1. Swap to smart chain
      Note: I had issues and had to adjust a few decimal places lower due to insufficient funds.
    2. Confirm you have funds for Smart Chain in the Trust Wallet app
  5. Go to the DApps tab at the bottom of Trust Wallet, and find PancakeSwap. Iphone users will need to enable the trust browser, then use the browser tab – see guide. 
      1. Alternatively, navigate in browser to PancakeSwap and click connect
        Note: You should see your wallet ID show up in green in the top corner 0xDXXXX. If you do not see the wallet connected make sure you’re connected to the BSC Mainnet. Click the icon in the top right corner (android) left corner (IOS) and change to BSC Mainnet (Smart Contract)
      2. When visiting pancakeswap.finance navigate to the exchange – Hamburger Menu > Trade > Exchange
  6. Click “Select a currency” and enter this contract address into the search field, and you should be able to find SafeMoon. (ALWAYS CONFIRM ADDRESSES FIRST!)
        • Safemoon = 0x8076c74c5e3f5852037f31ff0093eeb8c8add8d3
        • SafeMars = 0x3aD9594151886Ce8538C1ff615EFa2385a8C3A88
  1. Before swapping, click on the cog wheel  and set the slippage to between 11-15%. If you don’t do this, you’ll likely me greeted with an error message “The transaction cannot succeed due to error: PancakeRouter: INSUFFICIENT_OUTPUT_AMOUNT. This is probably an issue with one of the tokens you are swapping.”
    1. This slippage does a few things, 5% goes to all holders, 5% is burnt. The slippage is the spread on price variance.
  2. Now, set the amount you want to purchase and press the swap button.
  3. Confirm the transaction
HODL!
Latest posts by Mr-Moo (see all)

Leave a Reply