Looking to buy Safemoon but confused how to actually do it? There's multiple steps and exchanges involved which can make it confusing if you're newer to crypto.
In this post, I'll cover how to buy Safemoon easily if you're a Canadian. I'll also show you the most cost-effective method so you don't get hit with annoying fees.
How to Buy Safemoon in Canada Step by Step
Watch the video tutorial here:
What You'll Need
Here are the resources mentioned in the video:
A Canadian Crypto Exchange
I recommend Newton for very low purchase fees and free crypto withdrawals on some coins, like XLM. Any Canadian exchange will do the job though.
Somewhere To Buy Binance Coin (BNB)
No Canadian exchanges offer Binance Coin at this time. So, the best place to buy it is on Binance because it's cheap and one of the largest crypto exchanges in the world. It also only requires an email to sign up. If you live in Ontario, Binance is unavailable so Kucoin is a popular alternative.
Trust Wallet App
Trust Wallet is where you'll actually buy Safemoon using your BNB. It's available for free on the App Store and Google Play. For iOS users, make sure to open Safari and search trust://browser_enable for the Dapps icon to appear.
Safemoon is not on any Canadian crypto exchanges or any major international exchanges yet, so it can be confusing to buy. I hope this walkthrough was helpful!
Keep in mind, this is not the only way to buy Safemoon but it's the cheapest and easiest method I've found as a Canadian.