I came across to this coin by many YouTubers. After checking the information on Coinmarketcap and social media especially Twitter, I found out these following points are very convincing:

1.) 1.2M Followers on twitter

2.) Outstanding SafeMoon Advertisment

3.) A DeFi Token, plans to develop NFT, charity projects and crypto educational apps

4.) High trade volume and huge increase in price (when I bought the coin which was few weeks ago)

5.) Not yet listed on big exchanges like Binance, Coinbase, Kucoin … 

Where did I buy this coin?

I …

1.) downloaded SafeMoon Wallet from Apple Store 

2.) transferred BNB to the wallet

3.) swapped BNB for SafeMoon

4.) keep both SafeMoon and BNB in the wallet 

Apple Store: https://apps.apple.com/jp/app/safemoon/id1579735495?l=en

The wallet has pretty good ratings and reviews. Therefore, I was very positive to download the wallet and use.

Problems

1.) Prize freezing - the price of all token doesn’t reflect the real price in real time 

2.) No chart data available 

3.) cannot swap SafeMoon for BNB or for other token 

4.) the BNB fees were charged every time I tried to swap the token (despite the transactions were failed)

The third problem is very scary for me because I couldn’t sell the coin and take profit. 

My last option was to transfer the coins out of the the wallet and I was lucky as I could transfer and sold the coins in another exchange. However, I still have a tiny little balance remaining in the wallet and, surprisingly, the balance shows $0.00 today. 

Have you used SafeMoon Wallet? Have you experienced the same problem? How did you deal with the problem? Please feel free to share your opinions in the comment box below. Your contributions would be very helpful for many crypto newbies. 

Stay safe!