Any financial expert would know what cryptocurrency is and how does it work? Cryptocurrency is a digital or virtual currency and this asset is designed to work as a medium of exchange. This means there is no physical money and everything is online.
One digital asset is spreading recently in many countries such as Canada, Nigeria, Australia, the United States and the United Kingdom. Let’s say you’re here to meet Is Safemoon Legit, then stay tuned to the end.
What is Safemoon?
Safemoon is the latest cryptocurrency to appear on the financial market, which is now talked about about the Internet. Safemoon Investment provides great wealth and excellent returns for long-term investors.
Safemoon is promising its users “Safe to the Moon” which looks dramatic and means that you will be at the top of the success chart using this currency.
During our research, we discovered that there were two websites, Safemoon.net and Safemoon.xyz. On the most trusted review site, we found that safemoon.net is real and doesn’t rely on safemoon.xyz.
As these websites are being created earlier this year in March, knowing Is Safemoon Legit is very important.
Why Safemoon?
Why Safemoon is better than another cryptocurrency, find out here:
• Currently, Safemoon has over 500,000 owners, even though it was generated a few days ago.
• Charges a fee of 10% for each transaction; 5% of which is distributed to all investors and the rest is burned.
• The more burnts, the greater the value.
• Safemoon is 100% community driven and you can attend a fair launch.
• Owing to static bounce, holders receive passive rewards.
• The Safemoon Community hosts Ask Me Anything (AMA) sessions three times a week.
Is Safemoon legal?
Let’s go over both sides here.
The creation date of Safemoon.net is 03/14/2021, which is very recently. The site’s trust score is very low, ie 3%, which is not a good sign. At the same time, it has received mixed customer reviews, most of which are positive. He is also active on various social media pages.
Safemoon. xyz is created on 3/1/2021, which is again recent and only has a 1% trust score. This page is currently down.
The existence of sites with the same name causes confusion, but according to our research and from a trusted source, safemoon.net looks safe. Even so, we suggest that you analyze more and then proceed to it.
User Reviews of Safemoon
Is Safemoon Legit, see the next section for a summary of this question. Let’s see user feedback about the site.
One user says, “These are my favorite coins; works amazing ”.
Another says, “Safemoon is high potential return, good investment and low risk.”
It is said – “project, work team, everything to the moon, I highly recommend it to everyone.”
Final verdict
Based on the general approach and in order to know if the new cryptocurrency in the market is safe to use or not, we came to the conclusion that the team is very new; based on the trust score and age of the domain. Nevertheless, it received very good reviews from users in a short time.
Does Safemoon Legitto use? Two websites with the same name cause a lot of confusion. Unless you are ready to lose or gain money in the market, we recommend that you don’t dive in without thoroughly researching or going through all of the online customer reviews available for both sites.
Do you have anything to say about Safemoon? Share your words with us in the comments section below.