How To Stake SafeMoon & Earn Passive Income — SafeMoon Staking Tutorial

SafeMoon
2 min readJan 16, 2022

Introduction

In this step-by-step guide we will be going through the process of staking SafeMoon. For this tutorial we are going to use Trust-Wallet but it also works with any wallet of your choice. At the very end of this article you can also find the video tutorial.

About SafeMoon

SafeMoon is a crypto token created in March 2021 on the Binance Smart Chain blockchain.

The token charges a 10% fee on transactions, with 5% redistributed (or reflected) to token holders and 5% directed to wallets in a different currency, Binance Coin (BNB), controlled by the coin’s authors, described as a liquidity pool, to create a “solid price floor and cushion for holders”.

Howeverm, In December 2021, SafeMoon released V2, an updated version of the SafeMoon contract. The updated contract includes a 1000:1 consolidation that is similar to a reverse stock split. SafeMoon has said that V2 will also feature “increased quality, security and accessibility of SafeMoon”.

How To Stake SafeMoon On Trust-Wallet

For this tutorial we are going to use the SwapSafeMoon.io platform. But what is SafeMoonSwap.finance?

SafeMoonSwap.finance is a decentralized trading platform built on the Binance Smart Chain Mainnet network. With the presence of SafeMoonSwap, the SAFEMOON and SFM token have advantages over other coins where users can stake their SAFEMOON or SFM and earn passive income.

In the first 24 hours since its launch, SafeMoonSwap.finance has managed to collect 1.89 billion US dollars in Total Value Locked (TVL) based on data from its official website: SafeMoonSwap.finance

SafeMoonSwap is dedicated to increasing user staking income using its rewarding mechanisms. It basically is an open source and non-custodial liquidity protocol for earning interest.

You can stake SafeMoon using Trust Wallet, SafeMoon Wallet, Exodus Wallet or any other wallet that supports backup and importing

Please follow the step-by-step tutorial below on How To Stake SafeMoon.

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