In this post we are going to see how you can buy Safechaintoken without paying high commissions and in a simple and fast way. Currently, it is not listed in any or few exchanges, but you can get it through the DEFI pancakeswap exchange. If you don’t know how, let’s see it here step by step.
If you want to know more in detail all the aspects of this cryptocurrency, later after seeing the step by step we are going to see what Safechaintoken is so you can know more about this cryptocurrency before you buy it and know what you invest your money in.
Where to buy Safechaintoken
To buy Safechaintoken, we are going to use Binance and the Metamask wallet, for me it is the best option, but you can also use other wallets if you don’t use metamask like trustwallet among other known wallets. Binance we are going to use it to buy BNB and USDT or the cryptocurrency you want, to exchange it for the Safechaintoken and get this cryptocurrency finally.
Also, we will need BNB to pay for the network commissions. You can create an account with binance just below if you don’t have one yet to follow the steps.
If you already have in your Binance Coin metamask wallet to pay for commissions, less than a dollar, you are simply going to have to go to pancakeswap, and copy the Safechaintoken contract in order to find the token. This can be found on Coingecko or coinmarketcap by searching for Safechaintoken or you can copy the contract from the Binance network just below:
With this contract, you will be able to find the token, in from to exchange it for the cryptocurrency you want in Pancakeswap. You can also add the token in metamask and be able to see the amount you have once purchased.
It is currently listed on the exchange gate.io, which you can create your account below and buy without using pancakeswap in a simpler way if you are new to the world of cryptocurrencies.
Step by step
Let’s see in detail how you can buy Safechaintoken. The first thing we are going to do is to log in Binance, if you don’t have an account you can create one here. With your account, you must make a deposit to have funds and be able to buy BNB. You can deposit funds with your credit card, to have the balance directly and without having to wait or bank transfer, although it will take a few days to be able to use it.
With your first deposit, whether it is euros, dollars or another currency, you must go to markets, and look for your currency with respect to Binance coin (BNB). In my case, EUR/BNB. Here go to the red sell button, and exchange your currency, in my case euros, for BNB. We use BNB because the commissions on the Binance network are paid with this cryptocurrency, as happens with the Ethereum network with ETH. You can also buy USDT (Tether), but you should always have a small amount of BNB in your metamask wallet to pay for commissions, less than $1. With 10-15$ of BNB is enough for several transactions and not run out of BNB.
Once you have BNB, you must click on the cryptocurrency, and click on withdraw. Go to your metamask, and click on the address, you will see that an address is copied when you click on it. You must enter this address in Binance to withdraw your BNB from Binance to Metmask. It is very important to enter the BEP20 network, and the amount you want to withdraw. The commission is $0.80. Confirm that the information is correct and confirm the transaction with the codes.
Open your metamask wallet, and if you have the Binance network configured, the amount of BNB you have transferred should appear in a few minutes. If you don’t have the Binance network configured, I recommend you to look up how to configure the Binance smart chain network in Metamask, so you can use it, without it, you won’t be able to buy Safechaintoken. It is very simple and you will only have to copy the parameters it tells you.
With this done, we must go to pancakeswap. Here in from, we indicate BNB and to, the Safechaintoken token. If you look for it, you will not find it. In order to use it, you must copy the address of the contract and paste it. You can search for it in coingecko to see it, or you can copy it just below:
With this, the Safechaintoken token should appear so that you can exchange.
Before clicking on swap, you are going to have to go to the settings wheel, Slippage tolerance and set 12%. This is because this cryptocurrency charges a 10% commission, 5% is burned and 5% goes to people who have Safechaintoken. So if you buy Safechaintoken, you’re going to see the amount you have increase just by having it in metamask.
With the 12% marked, just click on swap, and confirm in your metamask the transaction.
In case you can’t make the transaction and you get an error in pancakeswap, go up the slpping tolerance 1% each time until you can make the transaction. Due to volatility and liquidity, sometimes you have to raise the slipping tolerance higher than usual for the transaction to go through.
Now, you can go to your metamask, and add the token with the contract that you can find in coingecko or just above Safechaintoken to see the amount of cryptocurrencies reflected in your wallet and their value in $. With this, you will be able to have Safechaintoken and accumulate this cryptocurrency without doing anything else but waiting. If you do not have an account with binance, you can create one just below to follow the steps we have seen.
What is Safechaintoken?
Join the future of easy-to-use exchange platforms on the Binance smart blockchain
The first decentralized utility token with low total token supply.
Safechaintoken is a hyper-decentralized utility token for the Safechaintoken ecosystem.
We are building a platform for easy token exchanges.
Safechaintoken itself is a hyperdeflationary utility token for the Safechaintoken ecosystem. One of our products will be the Safechainswap. On it you can exchange any token with ease.
We are building a simple to use, all-in-one platform. You will be able to exchange tokens, provide liquidity for tokens, farm tokens and bet tokens. Our products will guarantee a high APR.
We are also planning to launch more contracts and use cases. For example, we want to build our own NFT marketplace, where you will be able to buy special NFTs while using our native utility token for any purchase.
Token burning is essential to maintain stable growth of the token by reducing its supply. Our initial supply was 250 million.
We have already burned 10% of the total token supply prior to token launch. This is equivalent to 25 million Safechaintoken. You can check the burn transaction here: Transaction We have moved another 10% of the total token supply to a locked burn wallet from where we will burn more Safechaintokens over time.
Each month end 5M Safechaintoken will be unlocked from the contract and burned. The first unlocking starts at the end of November and the last one will be in March.
After the last burn we will be sitting at a total token supply of only 195M Safechaintoken. This is about as hyperdeflationary as it gets.
What are static reflections?
Each transaction is subject to a 10% transaction tax.
5% of this tax will be distributed equally among all Safechaintoken holders and 5% will be added to our liquidity pool to maintain a higher price floor.
The higher the trading volume, the stronger the reflexes will be. Sit back and watch your portfolio rise to infinity.
Safechaintoken Swap integration will happen in Q4.
We want to be independent of the common exchange platforms, so we will build our own. This will be huge for Safechaintoken because it will attract more and more investors to our platform.
Safechaintoken is designed to be hyperdeflationary with its total token supply of 250 million.
Demand for Safechaintoken will increase over time as we build our ecosystem and token supply decreases. This will lead to steady growth.
Audit and KYC for greater transparency.
We have engaged the reputable auditing firm Solidproof to demonstrate the security of our development framework and to demonstrate our team’s intention to be fully transparent with the Safechaintoken community.
Our Gitbook is very easy to read and contains a lot of useful information for our community.
Let’s learn something about the Safechaintoken.
In our Gitbook you will find all the details of the contract, information about our tokenomics and the distribution of the wallet.
You will also find useful guides to get you started. See how to add $SCT to your MetaMask account.
Our SolidProof Audit will also be available in our Docs. You will already find our Technical Audit.
- Liquidity: 40.909.050 $SCT
- Presale Tokens 62.500.000 $SCT
- Founder: 25.000.000 $SCT (blocked)
- Partnerships and marketing: 18,750,000 $SCT
- Community gifts: 6,250,000 $SCT
- Burned: 27,233,266 $SCT already burned / 25,000,000 $SCT left to burn (locked)