HomeCryptocurrencySAFEMOON Is Now Supported By COINBASE? | EXPLAINED 2021

₿ Crypto Updates

SAFEMOON Is Now Supported By COINBASE? | EXPLAINED 2021

- Advertisement -

In this article, we are going to discuss on SAFEMOON Is Now Supported By COINBASE. So make sure you stick around to the end of this article to find out everything.

These are exciting times for SafeMoon!

As you well know, SafeMoon is listed by only one major centralized exchange for now. And yet, this token has managed to achieve much greater feats than many other tokens with huge support from many exchanges.

But it would seem that one of the largest exchanges in the U.S. has decided to bet on SafeMoon by adding support for SafeMoon on its platform.

This is huge, guys!

SafeMoon is headed straight for the moon!

Plus, the latest updates on the Egg Hunt suggest that someone might have found the wallet.

Is the hunt over?

Well, jump on board and make sure you stick around to the end to find out.

Let’s go!

Also Read – Trustrise Presale!! Dont Miss Out On An Easy 100x Gem | EXPLAINED


SAFEMOON Is Now Supported By COINBASE! EXPLAINED

SAFEMOON Is Now Supported By COINBASE, SafeMoon Wallet, safemoon coin news, safemoon coin update, safemoon coin, safemoon coin price, safemoon coinmarketcap, safemoon coin price inr, safemoon coin price prediction, safemoon coingecko, safemoon coin on wazirx, safemoon coinbase, safemoon coin available on which exchange, safemoon coin available in india, safemoon coin available on wazirx, safemoon coin available on which app, safemoon coin buy, safemoon coin buy in india,
Image Source: s.yimg.com/SAFEMOON Is Now Supported By COINBASE

It promises to be a super awesome time today because SafeMoon has had a lot of good news recently.

With that said, let’s check out today’s updates!

We’ll start with the egg hunt.

Has the wallet finally been found?

The hunt for the 12-word seed phrase is still on and newer words have been discovered.

As at the making of my last article, we had about five words but a few others have been found since then.

So far, we have been able to discover “exercise” from Charles’ Reddit, “youth” from Ryan’s tweet, “cause” from the wallet, “visa” from Mr Adult’s avatar, “endorse” from

John’s Instagram and the 12th word from SafeMoon Education. We didn’t mention the 12th word because the instruction explicitly states that no one shares the 12th word.

So, you’d have to find that out for yourself. And when you do, please, do not share. Ensure that you keep it a secret like the instruction on the SafeMoon Education website states.

That said, those are not the only words that have been found. Another one was found on CarlyToTheMoon’s avatar.

The avatar shows CarlyToTheMoon holding an egg and wearing a hat on which the word, “problem” is written.

So, this forms one more discovered word in the Egg Hunt. I wonder who’s going to finally unlock the wallet and get access to the huge bag of tokens it probably contains.

I sure am excited to find out who the lucky winner becomes. However, for now, the wallet has still not been found, and there are still a few other words that haven’t been discovered just yet either.

So, you still stand a chance to find this wallet, get all 12 words, and enjoy the huge rewards that are sure to follow.

Anyway, that said, SafeMoon V2 finally landed and there have been many questions about the upgrade, how it works, and more.

I already addressed this in previous articles. So, I won’t be going in depth into this information in today’s article.

But if you want to know what these questions are and what the responses from the SafeMoon dev team were, be sure to visit the official SafeMoon account on Twitter and you’ll get all the info you seek.

Finally, let’s talk about Coinbase!

Are we getting listed on Coinbase?

Just for information, I didn’t take Coinbase listing Safemoon idea out of thin air, I will explain it later in the article, so keep watching.

So, firstly, if you don’t already know what Coinbase is, here’s a quick summary. Coinbase is a cryptocurrency exchange where you can buy different kinds of coins and tokens.

Not every coin is supported on Coinbase, but there are more than 90 different types of cryptocurrencies on the platform.

Meanwhile, there are thousands of different cryptocurrencies available worldwide. Still, Coinbase lets you trade the most popular types of crypto, so it works well for most purposes.

As you might know, Coinbase was the first major crypto business to go public in the U.S. when it began trading at $381 in April on the Nasdaq, giving the cryptocurrency exchange an initial market cap of about $99.6 billion on a fully diluted basis.

This was a major deal at the time and definitely a step forward for the crypto industry as a whole.

Now that you know what Coinbase is, let’s talk about why it’s going to be crazy massive if Coinbase lists SafeMoon.

I checked out some of Coinbase’s statistics from businessofapps.com and backlinko.com and guys, it was out of this world!

First off, Coinbase has led the way for cryptocurrency since its inception in 2012, as the largest exchange in the United States by volume.

Launched in 2012, the platform registered its first million users in less than two years. Today, Coinbase has 56 million registered users and processes a trading volume of $335 billion per quarter.

Of these 56 million crypto traders, 6.1 million make at least one transaction per month. And don’t forget that about 7000 of these customers are institutional investors including hedge funds, financial institutions and corporations.

If SafeMoon gets listed on Coinbase, we will basically be getting exposed to this staggering audience that Coinbase has in its followership.

Increased visibility and easier accessibility are two of the biggest reasons cryptocurrencies want to be listed on centralized exchanges.

Because once we have enough people seeing the token and finding it much easier to buy, then the token really begins to take flight.

For a token that comes with a really solid plan and high demand in the market like SafeMoon, this will lead to a boom that would increase its value like crazy.

Plus, let’s not forget that as trading volumes increase, holders of SafeMoon also get to receive huge bags of SafeMoon as reflections even as prices continue to pump.

In essence, a Coinbase listing would be super helpful for every single SafeMoon holder.

So, is Coinbase going to list SafeMoon?

Trustrise Presale, SafeMoon Wallet, safemoon coin news, safemoon coin update, safemoon coin, safemoon coin price, safemoon coinmarketcap, safemoon coin price inr, safemoon coin price prediction, safemoon coingecko,
Image Source: medium.com/SAFEMOON Is Now Supported By COINBASE

Well, we will get to that soon.

Alright, let’s talk about Coinbase and SafeMoon. We’ll begin with this: Coinbase has started to pay SafeMoon some attention which I think is crazy significant because, once again, this is Coinbase.

Secondly, this is new.

Coinbase never gave any attention to SafeMoon before now. So, now that they are doing so, maybe there’s something afoot.

Recently, the exchange created an article about how to buy SafeMoon on its website.

The article highlights three steps for successfully buying SafeMoon.

  1. Check CoinMarketCap to see where you can buy SafeMoon and with which currencies.
  2. Pick a platform to make your purchase: different platforms have different levels of security, reliability, and liquidity. Before creating an account, do your research.
  3. Make the purchase on your chosen platform: every platform has a different way of doing things. Some platforms are very easy to use, others not so much.

Generally speaking, purchasing crypto with a fiat currency like the U.S. dollar will be easier than purchasing it with another crypto.

If you do have to purchase SafeMoon with another crypto, you’ll need to first create a crypto wallet that supports SafeMoon, then you’ll buy the first currency and use it to buy SafeMoon on the platform you chose.

This article has got me wondering if Coinbase is planning to be the next exchange that lists SafeMoon. Don’t forget that we are expecting two huge listings after V2 as Karony already hinted.

Is Coinbase one of those exchanges?

Well, I’m definitely curious to find out because check this out also: Coinbase added SafeMoon V2 to its price tracking application both on its app and on its website. That’s crazy!

Sadly, there’s no way to confirm precisely whether or not Coinbase will list SafeMoon for now, or whether Coinbase is one of the two exchanges promised by Karony.

Nevertheless, the attention is great and SafeMoon is likely going to boom for it. Now, before we go, since today’s article is mostly about Coinbase, I thought you should see this.

Theblockcrypto.com reports that in October, Coinbase’s mobile app hit the number one spot on Apple’s U.S. App Store, making it the most downloaded iOS app in the U.S. for several days at a stretch.

This happened in the middle of a bullish crypto market that we saw in October, hinting at a growing crypto fever in mainstream awareness.

Coinbase’s success bodes well for SafeMoon because it means that we also get to grow as a token as more people become interested in crypto and look out for young projects with low market caps and prices but high potential.

I don’t know about you but I’m pretty excited at what SafeMoon’s future looks like in 2022.

I’m sure we’re going to be seeing loads of huge things and holders are going to be very happy. But hey, this is all just my opinion.


Conclusion – SAFEMOON Is Now Supported By COINBASE

Feel free to let me know what you think by hitting me up in the comment section. For now, though, thanks for watching and I hope to see you next time.

We just covered complete information about SAFEMOON Is Now Supported By COINBASE.

If you enjoyed this article, then please leave a comment in the comment section. If you are a true SafeMoon fan, then you must check out this article.

Disclaimer – This article does not encourage you to buy any of the cryptocurrencies / or investing at all. This is just the opinion of an amateur, not a financial advisor. Before investing in cryptocurrency, I recommend talking to your financial advisor and do your own research.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Categories

Popular Posts

Subscribe to our newsletter

To be updated with all the latest news, offers and special announcements.