Safemoon wallet/app download, a long-awaited project that investors, holders, traders, and watchers of safemoon have been looking forward to. Safemoon is a newly launched digital currency-related to other existing cryptocurrencies but with key different functionality.
WHAT IS SAFEMOON?
SafeMoon is a cryptocurrency token created in March 2021 on the Binance Smart Chain blockchain. SafeMoon is a community-driven, fair-launched token and the fastest-growing decentralised finance (DeFi) token on Binance Smart Chain.
Safemoon is a newly launched digital currency with a lot of speculations and recognition within the short period of it launched in March 2021. The token charges a 10% fee on transactions, with 5% redistributed to token holders and 5% directed to wallets in a different currency, Binance Token (BNB), controlled by the coin’s authors, described as a liquidity pool, this process is generally referred to as tokenomics.
WHAT IS WALLET?
A digital currency wallet is an app that allows digital currency users to store and retrieve their digital assets. As with conventional currency, you don’t need a wallet to spend your cash, but it certainly helps to keep it all in one place.
WHAT IS SAFEMOON WALLET?
As the aforementioned definition goes, safemoon wallet/app is a digital asset wallet of safemoon token, the purpose of creating this wallet is to house the token and other accepted digital currency. Creating a wallet or application is one of the major milestones set by the developers and team behind safemoon.
According to the developers Safemoon wallet will be different from other cryptocurrency wallet as the developers are working on how to come up with a wallet/app with a multiple functions, the team partners with Simple X, an EU-licensed financial institution, providing the fiat infrastructure for the crypto industry. Simplex processes crypto-to-credit card payments with a 100% guarantee.
TOMORROW’S THE BIG DAY… #SAFEMOONWALLET— SafeMoon (@safemoon) June 14, 2021
Safemoon wallet/app will be launched on the 15th of June, 2021 according to a tweet on the official account of safemoon on twitter.
We are currently waiting on the release of safemoon wallet/app and we shall update you. Kindly bookmark this page and check back or use the form below to join our newsletter in other to get a notification from us once the wallet/app is being released.
STEPS ON HOW TO DOWNLOAD SAFEMOON WALLET/APP?
Our next update shall consist of how to download safemoon wallet/app with it full funtionality.