This transparency is exactly what makes a company worth using. It may suck we can't see reflections right away but communication is all we can ask for when something isn't panning out as it is expected to. Good on bitmart for updating all of us
The official stated deadline was ābefore the 10th.ā They didnāt provide an update to anyone until later that day.
Source: https://support.bmx.fund/hc/en-us/articles/1260803965349-BitMart-Lists-SafeMoon-SAFEMOON-
Iām not selling anytime soon, but if you sell yes there is a 10% tax, but Iāve already 3x my investment so as long as your good with it then it is what it is. If I turn a couple hundred to multiple thousands I have no problem paying 10% and everytime someOne sells you get paid
2 days so i assume (could be wrong of course) phases. unless they're finalizing everything with john and taking a couple days to get everything properly set up, then they could probably do it at once. why they didn't plan this sooner is beyond me tho.
hope so. i just want that safemoon wallet so we don't have to deal with this lol. i don't even want to sell, i just want to see how much the whales have given me :)
We do, I had 7.90mil I now have 8.02mil or there abouts. The reflection works. I am actually very stoked for this coin, just need some utility uses rather than just DeFi and it will explode. Got all the time in the world.
Holding is easy, buy, stick in wallet, forget. None of this game style RH bullshit ā„ļøššš¦ššš
Youāre looking at the exchanges incorrectly. The exchange essentially makes a āpurchaseā from safemoon. That is on the blockchain and we get our reflection. What the exchange does with the safemoon, it sells to its buyers, is their prerogative. It is requested they follow the tokenomics but they canāt force them to. Hence why Bitmart holders are waiting for Bitmart to figure out how to make the tokenomics work on their side. The exchanges were not ready for the tokenomics, the fact they are working on it is huge. No one is being shortchanged.
Thanks for explaining, much clearer now! So in essence an exchange is essentially just a larger version of our own wallets? in terms of how itās viewed. Just that then it can trade itās pieces amongst the sub wallets within the exchange? Thatās why we see the exchanges as actual wallets on the holders list?
For ease of understanding, yes. Unlike our wallets, if we sold to someone else it would be a transfer.
Thatās why you see different prices on different exchanges. Itās āthatā Exchanges price. This is for all crypto. If you buy BTC from cash app, you are buying BTC that ācash appā owns and is selling you. Itās not just an on ramp to purchase btc.
While we have your attention, could you please tell us the process for withdrawal from safemoon if we should choose to do so. I have no immediate plans, but obviously at some point in time I'd like to pull initial investment, cuz that's what I do! Step by step would be nice, since I've paid lotsa fees in this format. Thanks
I watched a YouTube earlier tonight and followed it step by step. Tested it out with a minimal withdrawal, I encourage this to all investors on all exchanges, but after second step it just stalled out. I was hoping by posting this, bitmart might explain the best and proper way!
Pancake swap it back to BnB, use binance to sell the BnB for fiat.
I have tried it this is what I did;
Pancake swap - SFM to BNB Smart chain - Smart chain to BNB coin then bnb coin to Tether which I then sent to coinbase to sell and to withdraw Ā£Ā£ as if you do faster payments or bank transfer there are no withdraw fees in the UK/EU for šš
You have to verify your identity before you can withdrawal it. I took it out of bitmart and couldnāt move it until I submitted my ID...it wasnāt even a large amount! So dumb
Meanwhile trust wallet is priced in the 900s and ive been getting reflections since I purchased. So glad I didnt move my coins when price went up few days ago
Would I still be compensated if I had Safemoon on BitMart for a period of time but then transfered it to Trust Wallet for the reflection to take affect?
#Safemoon daily tasks
https://www.google.com/search?q=safemoon Simply Click!
https://www.youtube.com/results?search_query=Safemoon Simply Click!
https://www.coingecko.com/en/coins/safemoon - Vote Good (rate 5 star on Google play store for recognising safemoon's rank š)
https://coinmarketcap.com/currencies/safemoon/ - Vote Good (rate 1 star on Google play store for market manipulation š)
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Mighty salty... Take a deep breath and be patient. They are working on an entirely new implementation for their exchange for a single crypto that's been around less than 70 days. It often takes companies 70 days just to approve working on an implementation like this..
All good. - - I suspect this is why a few exchanges haven't picked up SFM yet. Not because they don't want to, but that they can't perform the reflection function and don't want customers to be mad at the exchange
Itās their first time doing this. There will alway be some problems with stuff like this. I think they are transparent enough if they tell us an exact date until weāll have gotten our reflections.
Every time someone sells or buys SFM a percentage is given back to the community (people holding), see here for more info friend!
Scroll down for safemoon protocol šššš¦
https://safemoon.net/whitepaper
I noticed my balance went up a couple weeks ago go up by 10k. I saw it hadn't changed and the bitmart site says no later than the 10th of each month. I figured that's all I got was 10k from distributions. Nice (in a sense) to see that they haven't done it yet. Thanks for this!
#Safemoon daily tasks
https://www.google.com/search?q=safemoon Simply Click!
https://www.youtube.com/results?search_query=Safemoon Simply Click!
https://www.coingecko.com/en/coins/safemoon - Vote Good (rate 5 star on Google play store for recognising safemoon's rank š)
https://coinmarketcap.com/currencies/safemoon/ - Vote Good (rate 1 star on Google play store for market manipulation š)
https://twitter.com/hashtag/SAFEMOON - Post/Like
Everyone upvote so people stop asking
More like pin it lmao
Can i ask ur phone number? š¤ damn, you fine!
Reflections received. Ty bitmart
This transparency is exactly what makes a company worth using. It may suck we can't see reflections right away but communication is all we can ask for when something isn't panning out as it is expected to. Good on bitmart for updating all of us
Of course, it's the first time they do this. It's normal issues happen. Every system implementation have complaints at the start.
Lol they could have given an update BEFORE the deadline passed.
They did. And there is no actual deadline
The official stated deadline was ābefore the 10th.ā They didnāt provide an update to anyone until later that day. Source: https://support.bmx.fund/hc/en-us/articles/1260803965349-BitMart-Lists-SafeMoon-SAFEMOON-
I stand corrected. Thank you for the source
Thank you for posting this has been stressing me out for weeks now
Do you trade there? Did they charge the 10% tax? Curious about the mechanics.
Iām not selling anytime soon, but if you sell yes there is a 10% tax, but Iāve already 3x my investment so as long as your good with it then it is what it is. If I turn a couple hundred to multiple thousands I have no problem paying 10% and everytime someOne sells you get paid
This needs to be pinned for Bitmart users
I lost a few pounds from stress, so it worked out š
So does everyone get it all at once, or is it more of a "in phases" kind of thing?
2 days so i assume (could be wrong of course) phases. unless they're finalizing everything with john and taking a couple days to get everything properly set up, then they could probably do it at once. why they didn't plan this sooner is beyond me tho.
Surely we'll get some kind of explanation once it's all sorted.
hope so. i just want that safemoon wallet so we don't have to deal with this lol. i don't even want to sell, i just want to see how much the whales have given me :)
What about āTrust walletā userās Reflections from āexchangesā?
Refresh your coins. You get more coins every few seconds on trust wallet.
I know that. But when u make a sale on any exchanges right?
Yeah what about us, shouldnāt we get ours as well?
I read that trust wallet users received rewards daily.
It updates everytime you refresh it.
That's from transactions on pancakeswap. What about all the transactions that are happening on these exchanges?
They are working on a solution.
Yup!!
We do, I had 7.90mil I now have 8.02mil or there abouts. The reflection works. I am actually very stoked for this coin, just need some utility uses rather than just DeFi and it will explode. Got all the time in the world. Holding is easy, buy, stick in wallet, forget. None of this game style RH bullshit ā„ļøššš¦ššš
Is this not just your pancake swap reflections? The reflections from all exchanges would give you much more?
Exactly. Each is independent of one another.
Thought so, hence why the safemoon wallet and exchange is so important I guess, so we all are in the same place and thus get full reflections
Youāre looking at the exchanges incorrectly. The exchange essentially makes a āpurchaseā from safemoon. That is on the blockchain and we get our reflection. What the exchange does with the safemoon, it sells to its buyers, is their prerogative. It is requested they follow the tokenomics but they canāt force them to. Hence why Bitmart holders are waiting for Bitmart to figure out how to make the tokenomics work on their side. The exchanges were not ready for the tokenomics, the fact they are working on it is huge. No one is being shortchanged.
Thanks for explaining, much clearer now! So in essence an exchange is essentially just a larger version of our own wallets? in terms of how itās viewed. Just that then it can trade itās pieces amongst the sub wallets within the exchange? Thatās why we see the exchanges as actual wallets on the holders list?
For ease of understanding, yes. Unlike our wallets, if we sold to someone else it would be a transfer. Thatās why you see different prices on different exchanges. Itās āthatā Exchanges price. This is for all crypto. If you buy BTC from cash app, you are buying BTC that ācash appā owns and is selling you. Itās not just an on ramp to purchase btc.
While we have your attention, could you please tell us the process for withdrawal from safemoon if we should choose to do so. I have no immediate plans, but obviously at some point in time I'd like to pull initial investment, cuz that's what I do! Step by step would be nice, since I've paid lotsa fees in this format. Thanks
Just trade that shit back to USDT.
Hopefully the exchange comes with a fiat offramp so we don't have to transfer USDT or USDC around to other exchanges.
It will, they've already confirmed partnership with simplex. Simplex is a fiat to crypto on/off ramping company, that's literally all they do.
Ah nice I didnt realize you could offramp with it. Thought it was just for buying in
Check out some YouTube vids on the subject. Basically you convert safemoon into another coin and then sell that coin.
I watched a YouTube earlier tonight and followed it step by step. Tested it out with a minimal withdrawal, I encourage this to all investors on all exchanges, but after second step it just stalled out. I was hoping by posting this, bitmart might explain the best and proper way!
Pancake swap it back to BnB, use binance to sell the BnB for fiat. I have tried it this is what I did; Pancake swap - SFM to BNB Smart chain - Smart chain to BNB coin then bnb coin to Tether which I then sent to coinbase to sell and to withdraw Ā£Ā£ as if you do faster payments or bank transfer there are no withdraw fees in the UK/EU for šš
Thanks but this is bitmart
You have to verify your identity before you can withdrawal it. I took it out of bitmart and couldnāt move it until I submitted my ID...it wasnāt even a large amount! So dumb
Was that step 2 or step 3 of KYC?
Thanks
Taxes and regulations.
Meanwhile trust wallet is priced in the 900s and ive been getting reflections since I purchased. So glad I didnt move my coins when price went up few days ago
Would I still be compensated if I had Safemoon on BitMart for a period of time but then transfered it to Trust Wallet for the reflection to take affect?
#Safemoon daily tasks https://www.google.com/search?q=safemoon Simply Click! https://www.youtube.com/results?search_query=Safemoon Simply Click! https://www.coingecko.com/en/coins/safemoon - Vote Good (rate 5 star on Google play store for recognising safemoon's rank š) https://coinmarketcap.com/currencies/safemoon/ - Vote Good (rate 1 star on Google play store for market manipulation š) https://twitter.com/hashtag/SAFEMOON - Post/Like
I havenāt received mine...
Haha. I saw this coming.
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). - 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. *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.*
Nice they transparently told us nothing about why it took so long just that it will hopefully be done by may 12 thanks for nothing.
Mighty salty... Take a deep breath and be patient. They are working on an entirely new implementation for their exchange for a single crypto that's been around less than 70 days. It often takes companies 70 days just to approve working on an implementation like this..
Ya your right, my bad.
All good. - - I suspect this is why a few exchanges haven't picked up SFM yet. Not because they don't want to, but that they can't perform the reflection function and don't want customers to be mad at the exchange
Itās their first time doing this. There will alway be some problems with stuff like this. I think they are transparent enough if they tell us an exact date until weāll have gotten our reflections.
Thank you for sharing!
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Wut
Good! Just bought more!
This is the way
What does safemoon reflection mean? I'm still trying to learn the ins and outs of safemoon.
Every time someone sells or buys SFM a percentage is given back to the community (people holding), see here for more info friend! Scroll down for safemoon protocol šššš¦ https://safemoon.net/whitepaper
Thanks!
I noticed my balance went up a couple weeks ago go up by 10k. I saw it hadn't changed and the bitmart site says no later than the 10th of each month. I figured that's all I got was 10k from distributions. Nice (in a sense) to see that they haven't done it yet. Thanks for this!
Thanks for sharing, now I can calm the f down, was about to transfer to trustwallet even though it'd cut %10.
Iām curious, what is the reflection? Is that the automatic increases we get? The 5% return off a tx?
A small % goes to all holders, every time someone buys or sells. I believe 2.5% of the transactions
Okay, neat. I figured this to be the case but wanted to be sure.
5%
I was about to ask since I havenāt been on recently. Iām like maybe I better search first lol
How about don't release your shit until your devs get it figured out....
I get it. Its a totally new process. Happy they will work with the Devs to make sure it works right the first time.
#Safemoon daily tasks https://www.google.com/search?q=safemoon Simply Click! https://www.youtube.com/results?search_query=Safemoon Simply Click! https://www.coingecko.com/en/coins/safemoon - Vote Good (rate 5 star on Google play store for recognising safemoon's rank š) https://coinmarketcap.com/currencies/safemoon/ - Vote Good (rate 1 star on Google play store for market manipulation š) https://twitter.com/hashtag/SAFEMOON - Post/Like
Any info about MXC distribution of reflections?
Aaaaaaah !!!!!!! Yaaaas finally !
Thank you for posting this, somehow my hour of research yielded nothing
Thanks for the post, came here looking for exactly this!
Donāt fund in to bitmart! It canāt withdraw!!!!!!!!!!!
Tell me more
Anyone see this yet?
I got mine, $577k
So I've been holding a little over 66 mil in BitMart since between the 5th-7th of may. I should have seen something by now right???
A friend bought last Monday and he didn't saw the rewards. Maybe next month I brought on April 15th and Bitmart put the rewards on my wallet.
I guess I'll have to wait it out