Should You Buy SafeMoon? 3 Pros, 3 Cons | Cryptocurrency
No major vendors accept SafeMoon as a payment method, and it’s even difficult to trade it for fiat currencies or other cryptocurrencies given SafeMoon doesn’t trade on major centralized crypto exchanges. SafeMoon doesn’t have a technological advantage over other cryptos in transaction speed, security or other features. SafeMoon recently launched its own digital wallet on Apple Inc.’s (AAPL) iOS platform. Developers also have ambitious future plans, including a unique exchange, a SafeMoon app, a SafeMoon video game and the cryptic “Project Pheonix.” Unfortunately, until investors get more details on these goals, SafeMoon in its current state has little or no real-world utility.
