In this post we are going to see how you can buy safemars without paying high commissions. Currently, it is not listed on any exchange, but you can get it through the DEFI pancakeswap exchange. If you don’t know how, let’s see it here.
If you want to learn more about this cryptocurrency, below we are going to see what Safemars is so you can learn more about this cryptocurrency before you buy it.
Where to buy Safemars
To buy Safemars, 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. Binance will be useful to buy BNB and USDT or the cryptocurrency you want, to exchange it for the safemars token.
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 safemars contract in order to find the token. You can find this on Coingecko by searching for safemars 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.
Step by step
Let’s see in more detail how you can buy safemars. The first thing is to login to 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.
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 must have a small amount of BNB in your metamask wallet to pay for commissions, less than $1. 10-15$ of BNB is enough.
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 everything is correct and confirm the transaction.
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 Safemars.
With this done, we must go to pancakeswap. Here in from, we indicate BNB and to, the Safemars 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 safemars token should appear in order to be able to exchange.
Before clicking on swap, you are going to have to go to the settings wheel, Slippage tolerance and set 5%. This is because this cryptocurrency charges a 4% commission, 2% is burned and 2% goes to people who have safemars. So if you buy safemars, you are going to see the amount you have increase just by having it in metamask.
With the 5% marked, simply click on swap, and confirm in your metamask the transaction. Now, you can go to your metamask, and add the token with the contract that you can find in coingecko or just above safemars to see the amount of cryptocurrencies reflected in your wallet. With this, you will be able to have safemars and accumulate this cryptocurrency without doing anything. If you don’t have an account with binance, you can create one just below.
What is Safemars?
$SAFEMARS is programmed to reward holders while increasing both liquidity and value.
It does so by applying a
4% transaction tax
2% is allocated to holders
2% is self-allocated to liquidity
Deflationary supply/burn forever.
We burn more than 50% of the total supply after launch and send it to a black hole address; since this address also participates in the protocol, it accumulates more tokens, thus effectively removing them from circulation. There is no limit to the burn, the black hole will continue to grow, increasing the scarcity of SAFEMARS.
Automatic blocking liquidity
2% of each transaction is locked in liquidity forever. This contributes to lower volatility and a continuously rising price floor.
LP tokens burned thus locking in initial liquidity forever. Fair distribution with no whales. Active and engaged team ready to answer any questions.
How to stake Safemars
Staking and accumulating safemars is easier than ever. Simply, as we have said, every time a person uses safemars, buys or sells, he must pay a 4% commission, where 2% is burned to increase the price, and the other 2% is distributed among the safemars owners. But it is not necessary to have your safemars in a pool or staking in any exchange.
You simply keep your safemars in your wallet, and you will see how the number of safemars you have increases every time someone buys or sells safemars. So you will have more cryptocurrencies without doing anything.