How to buy SafeCoin (SAFE) in Australia

Learn how to buy SafeCoin (SAFE) easily by following a step-by-step guide and comparing 10+ crypto exchanges.

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Where to buy SafeCoin in Australia

Unfortunately, at this time no major exchanges in Australia offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.

Consider buying a different cryptocurrency after comparing popular exchanges.

What to consider when buying SafeCoin

Cryptocurrencies are highly speculative assets that come with a range of risks. As a result, all altcoins should be thoroughly researched before any investment is made. Potential investors of SAFE may want to consider the following:

  • Solana dependant: SafeCoin is trying to become a more accessible version of the Solana blockchain. However, due to the fine link between these two projects, what happens to Solana could affect what happens to SafeCoin. If there are any issues or concerns with regard to Solana, those issues might negatively influence the price of the native SAFE token. It may also deter developers from using the blockchain for the deployment of decentralised applications (dApps).
  • Active community: Knowing about the latest updates is an important aspect of any community-driven project. Social media activity is now a prime place for understanding how a network works, or even to see if the founders and team are still updating the code and participating. As a result, SafeCoin’s team is constantly doing ‘Ask Me Anythings’ (AMAs), publishing new improvements, and is very interested in keeping those involved in the project up to date with their latest innovations.
  • Transition from Proof-of-Work to Proof-of-Stake: SafeCoin was originally a Proof-of-Work blockchain when it first launched in 2018. It was only in 2021 that the blockchain transitioned to Proof-of-Stake. Like other PoS networks, each validator is rewarded with SAFE coins for securing and supporting the blockchain. The transition from PoW to PoS is encouraging to see as it shows a clear intention to innovate and compete with the very best layer-1 blockchains that currently exist within the ecosystem.
  • Small number of dApps: As a layer-1 smart contract blockchain, SafeCoin is intended for the deployment of decentralised applications (dApps). So far there are only native applications that have launched using the blockchain - SafeChat and SafeTrade. Potential investors should pay close attention to any dApps that may launch on the network in the future. The more dApps that are launched, the more demand there could be for the SAFE coin.

How to sell SafeCoin

You can cash out your SAFE with the same exchange you bought it through:

  1. Sign in to the exchange you have SAFE on.
    If you store your SafeCoin in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of SAFE you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of SafeCoin.

Disclaimer: Cryptocurrencies, including SafeCoin, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of SAFE is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the SafeCoin or any other cryptocurrency discussed.

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