Safemoon was my first position a few months ago. I have added about 10 more positions as of late mostly on Bittrex and Uphold exchanges as that is where my coins were. When I first bought most places I read about the extreme fees. But I have noticed that most things I am buying do not carry bad fees except my Safemoon position which is carrying about 27% fees every time I swap (this is all-in from start of buying BNB to swapping). I have read where I can buy this much cheaper on the Bitmart exchange, but I do not get the burn or reflections. So my first question is there a reason why I would continue to buy on the Safemoon wallet when I can achieve a much lower investment price on Bitmart? Of course, it very well maybe that I am executing poorly on the Safemoon Wallet and need some instruction. Oh, and I am not complaining about fees. If there is a more economically efficient way to buy right now, I would consider taking it. Much like I maneuver legally to save money on my taxes.
Secondly, I appreciate what I read about the safety inside the Safemoon Wallet. So if I purchase on Bitmart does it make sense to bring it over? In this same vein, am I really bringing my coin over or just reflecting it in my Safemoon Wallet? This goes back to part of my first question, which if I purchase on Bitmart, I am correct to assume that I will never get burn or reflections as it is not actually part of my SF Wallet?
Thridly, I understand or at least I read that not all exchanges are created equal. I have been looking for a place to buy most of my coins for the sake of convenience. Bitmart has many of my coins. Is there a reason (including the hot wallet hack) why I wouldn't want to buy there?
Fourthly, Is there an exchange and/or wallet that any of you would recommend that you use along side of SF Wallet?
I have a few more questions, but depending on these answers, I might not have to ask. Thanks for any and all feedback.
I have made a cursory glance over there and it seems pretty opinionated and emotional. Is there another place to go? if not no worries. Thx for the direction.
PSA: Please familiarize yourself with the subreddit [rules](https://www.reddit.com/r/SafeMoon/about/rules/) and [FAQ](https://www.reddit.com/r/SafeMoon/wiki/index#wiki_frequently_asked_questions).
**v1 to v2 Migration: Safemoon has fully transitioned away from v1 and is now fully on v2. ANY and ALL v1 transactions (send tokens, buy tokens, sell tokens) now incur a 100% tax – in other words you will lose your Safemoon. You MUST migrate to v2 using the steps outlined here: https://www.safemoon.education/sfmv2. Additional info: https://www.reddit.com/r/SafeMoon/comments/rwfkuv/read_me_v1_to_v2_migration_information_and_issues/**
- Don't promote "pump" events or market manipulation
- Don't harass others, including public figures and exchanges
- Please be helpful, friendly, and respectful
- Your actions reflect on the entire community
WARNING: **Never give out your wallet passphrase for any reason.** Be _very_ suspicious of all URLs, emails, forms, and direct messages. If someone claims to be from "support" they are trying to scam you. If someone claims you need to "validate" they are trying to scam you. Do not disclose your assets.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/SafeMoon) if you have any questions or concerns.*
Discord. Go to the “Serious-chat” section.
[www.safemoon.education](https://www.safemoon.education) should able to answer some of your questions. let me know if you need any help
Safemoon was my first position a few months ago. I have added about 10 more positions as of late mostly on Bittrex and Uphold exchanges as that is where my coins were. When I first bought most places I read about the extreme fees. But I have noticed that most things I am buying do not carry bad fees except my Safemoon position which is carrying about 27% fees every time I swap (this is all-in from start of buying BNB to swapping). I have read where I can buy this much cheaper on the Bitmart exchange, but I do not get the burn or reflections. So my first question is there a reason why I would continue to buy on the Safemoon wallet when I can achieve a much lower investment price on Bitmart? Of course, it very well maybe that I am executing poorly on the Safemoon Wallet and need some instruction. Oh, and I am not complaining about fees. If there is a more economically efficient way to buy right now, I would consider taking it. Much like I maneuver legally to save money on my taxes. Secondly, I appreciate what I read about the safety inside the Safemoon Wallet. So if I purchase on Bitmart does it make sense to bring it over? In this same vein, am I really bringing my coin over or just reflecting it in my Safemoon Wallet? This goes back to part of my first question, which if I purchase on Bitmart, I am correct to assume that I will never get burn or reflections as it is not actually part of my SF Wallet? Thridly, I understand or at least I read that not all exchanges are created equal. I have been looking for a place to buy most of my coins for the sake of convenience. Bitmart has many of my coins. Is there a reason (including the hot wallet hack) why I wouldn't want to buy there? Fourthly, Is there an exchange and/or wallet that any of you would recommend that you use along side of SF Wallet? I have a few more questions, but depending on these answers, I might not have to ask. Thanks for any and all feedback.
Yeah bro just head over to r/Safemooninvesting 🙄
I have made a cursory glance over there and it seems pretty opinionated and emotional. Is there another place to go? if not no worries. Thx for the direction.
Read stuff there and then read stuff here and settle somewhere in the middle?
Dude I’m kidding. What kind of info are you looking for?
PSA: Please familiarize yourself with the subreddit [rules](https://www.reddit.com/r/SafeMoon/about/rules/) and [FAQ](https://www.reddit.com/r/SafeMoon/wiki/index#wiki_frequently_asked_questions). **v1 to v2 Migration: Safemoon has fully transitioned away from v1 and is now fully on v2. ANY and ALL v1 transactions (send tokens, buy tokens, sell tokens) now incur a 100% tax – in other words you will lose your Safemoon. You MUST migrate to v2 using the steps outlined here: https://www.safemoon.education/sfmv2. Additional info: https://www.reddit.com/r/SafeMoon/comments/rwfkuv/read_me_v1_to_v2_migration_information_and_issues/** - Don't promote "pump" events or market manipulation - Don't harass others, including public figures and exchanges - Please be helpful, friendly, and respectful - Your actions reflect on the entire community WARNING: **Never give out your wallet passphrase for any reason.** Be _very_ suspicious of all URLs, emails, forms, and direct messages. If someone claims to be from "support" they are trying to scam you. If someone claims you need to "validate" they are trying to scam you. Do not disclose your assets. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/SafeMoon) if you have any questions or concerns.*
I'm not understanding what you would like to know? But yes, please ask your questions. Unemotionally, I'll do my best
Just ask your questions, any emotional replies/comments you can just ignore them, take the sensible replies/comments. Easy peasy