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Evening Standard
Evening Standard
Business
Mark Hooson

How to buy SafeMoon

Crypto Department of Defense SFM blockchain Bitcoin Cryptocurrency FCA United States

SafeMoon (SFM) is a cryptocurrency on the Binance Smart Chain blockchain and is headed by John Karony, a former US Department of Defense analyst.

Safemoon aims to reduce volatility in the crypto market and deter day traders by charging a 10% fee on all sales of the currency, with half of the proceeds going to existing investors.

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