What is SafeMars Coin?
Safemars is an automated yield and liquidity generation protocol. It imposes a 4% tax on all the user transactions; interestingly, 2% of the taxes distributed among the SAFEMARS Hodlers. Safemars is a cryptocurrency that rewards its users for holding it, which helps in demand generation and the remaining 2% is diverted to the liquidity pool. Safemars is a recently launched cryptocurrency and has been attaining massive attention from investors.
Key features of SafeMars Coin
There are various features that SafeMars coin offers. A few of them are:
1. Easy Money: SafeMars is designed and programmed to reward its holders along with an increase in value and liquidity. There is no need to farm or claim; holders will see increased coins in their wallets.
2. High Security: SafeMars is un ruggedly and very secure as the initial liquidity has been locked forever. It burns the LP tokens, which makes it impossible to remove liquidity at any time.
3. Good Future Potential: SafeMars has deflationary tokenomics that will protect investor’s capital over a period of time.
How to Buy SafeMars Coin in India?
SafeMars is freely trading on the BuyUCoin cryptocurrency exchange in India along with other exchanges. Cryptocurrencies, fiat currencies, and stable coins are all available as pairs. The best choice to buy Safe Mars is BuyUCoin, which has one of the highest SAFEMARS-INR trading volumes in India.
It is a five-step procedure. First and foremost, the account must be registered after opening the digital wallet. After the KYC process is completed, users must complete Google 2-Step Verification, followed by entering bank credentials, before they can begin investing in SafeMars.
Buy SafeMars Coin in India — Step by Step Guide for Beginners
Step 1 — Opening of a Digital Wallet
A digital wallet contains all your cryptocurrencies and uses blockchain technology to communicate with other users. In-depth research is necessary before you decide where to open your wallet. BuyUcoin is a leading digital wallet provider.
Step 2 –Open an Account
Visit the official BuyUCoin website to sign up and register to open a service account. Fill your country and adhere to the terms and conditions to create your crypto-trading account.
Step 3-KYC Completion
For the Indian jurisdiction, KYC is compulsory. Your data is secured and encrypted, and stored only in Indian data centres. To complete your KYC, you will be redirected to another URL. Image of your pan card is mandatory. The mobile number connected to your Aadhaar is essential.
Step 4-Google 2 step Verification
Install the Authenticator app to secure your account with 2-factor authentication. If enabled, any time you log in to your account, you will be asked to include a 6-digit one-time password with your email and password.
Step 5-Add Bank details
Enter your necessary information, such as your name credentials, the holder’s account name, and the IFSC code.
Trade SafeMars Coin
To trade or sell SafeMars coins, you need to open your account with any Crypto exchange. You can buy SafeMars coins in India on various crypto exchanges and can convert them into any other Cryptocurrency. After buying, you can also transfer your SafeMars Coin to your wallet and keep your
private key safe. Users can exchange and accept cryptocurrencies with traditional (fiat) currencies.
Can I Use Regular Money to Buy SafeMars Coin?
Yes, regular money or any fiat currencies such as INR in India can buy SafeMars Coin, where it can be stored in your wallet. You can trade desirable cryptocurrencies without any hidden transaction fees, using India’s leading cryptocurrency exchange BuyUcoin, in a single tap.
Getting a SafeMars Coin Wallet
BuyUcoin is a multi-currency crypto wallet where SafeMars coins can be stored with high-end security features and cold storage wallets facilities. Once SafeMars coins are sent to your wallet, you will receive a confirmation email.
SafeMars Coin will appear in your wallet when you refresh the BuyUcoin wallet. SafeMars Coin can be traded on various other exchanges.
SafeMars Coin Exchanges
SafeMars can be exchanged with various other cryptos and bought on different renowned and prominent platforms and many other exchanges like BuyUCoin, binance, etc. BuyUCoin offers standard trading with a user-friendly interface while maintaining advanced charts for high-level traders.
BuyUCoin has numerous coins, including SafeMars Coin.
At the time of writing, the Safemars price is 0.000006 INR, with a 24-hour trading volume of 106,879,792 INR. In the last 24 hours, Safemars has been down 2.38%, the Coin value could rise by the very end of 2021 to $0.0000002, reaching $0.0000007 by 2022 and at a medium price of
$0.0000000946 by 2025. Relying on the data, the SafeMars Coin can be depicted as a profitable long-term investment. SafeMars Coin currently ranks 2946th in the CoinMarketCap ratings.
*This article is for knowledge purposes; we advise you to ask your financial experts before taking any investment decisions. *