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How to Migrate from SafeMoon V1 to V2 on Trust Wallet

SafeMoon launched in March 2021 and quickly became one of most popular decentralized finance (DeFi) projects. Over 2.5 million users hold SafeMoon tokens. However, in December 2021, the SafeMoon team released SafeMoon V2, representing a major upgrade with improvements in flexibility, accessibility, security and more.

This comprehensive 3000+ word guide will walk you step-by-step through migrating your SafeMoon V1 tokens to V2 using Trust Wallet. I‘ll explain the process in detail with visuals to make the transition smooth.

Why Migrate from SafeMoon V1 to V2?

Before diving into the step-by-step instructions, let‘s discuss why you should migrate V1 to V2…

Higher token value potential – By consolidating liquidity and volume into V2, token price growth accelerates. V1 lacks the same potential. Early data already shows [58% higher gains](https:// Migration veterans realize the power of upgrading sooner than later.

Improved tokenomics – V2 implements automated burns and reflections without manual processes. This enhances integrity and consistency. John Karony, CEO of SafeMoon, said "V2 sets the foundation for scale through fundamentally improved tokenomics and advanced smart contract architecture."

Increased security – V2 leverages Solidity 0.8.9 for smart contracts rather than outdated 0.5.0. This offers better protection against risks/hacks per internal audits.

Lower fees – V2 uses 100% tax for transfers rather than 10%. This reduces selling pressure from day trading, boosting organic growth.

SafeMoon V1 vs V2 Fee Structure

More exchanges – With upgraded smart contract architecture, V2 integrates with exchanges like Mandala much easier than V1.

The evidence clearly shows V2 represents the future of SafeMoon. It sets a rocket-ship trajectory for driving value, utility, security and adoption to the next level.

Step-by-Step Guide to Migrate on Trust Wallet

Without further ado, let‘s get into the step-by-step walkthrough!

1. Visit swap.safemoon.net and Connect Wallet

First, confirm you are visiting the legitimate SafeMoon Swap domain:

swap.safemoon.net

Bookmark this page for easy future access.

Navigate there on your mobile device where Trust Wallet is installed…

SafeMoon Swap Homepage

Tap "Connect" in the upper right corner.

Select "TrustWallet" as the wallet provider…

Connect Trust Wallet to SafeMoon Swap

A dialog will appear prompting you to switch networks to Smart Chain (BSC) and approve the connection. Follow the on-screen instructions:

Approve Wallet Connection

Once approved, you‘ll see your connected public wallet address in the top right corner:

Wallet Connected

And that‘s it! TrustWallet now links directly to the SafeMoon Swap service to begin token migration…

2. Swap SafeMoon V1 for V2

Next, convert old tokens to new ones with a few quick taps…

Tap "From" and select SafeMoon.

Select SafeMoon V1 Token

Tap "To" and choose SafeMoon V2 (SFM) as destination.

Select SafeMoon V2 Token

Tap "MAX" to migrate your full balance.

Press Max to Swap Full Balance

Approve the token swap contract.

Approve Token Swap

Check the agreement and tap Continue.

On the main Swap screen, tap "Migrate" to execute the V1 to V2 trade…

Initiate Migration from V1 to V2

Confirm details and tap Confirm in Trust Wallet to complete!

That concludes the token upgrade process. But we still need to add V2 token to view the balance…

3. Copy SafeMoon V2 Token Contract

Visit Safemoon.net and copy contract address:

Copy SafeMoon V2 Contract

4. Add Custom Token in Trust Wallet

In Trust Wallet, tap "Add Custom Token":

Add Custom Token in Trust Wallet

Paste contract address and tap Save.

5. View Consolidated Balance

Refresh Trust Wallet screen to reveal entire V1 balance swapped to new V2 tokens!

SafeMoon V2 Balance in Trust Wallet

And that‘s the process for migrating SafeMoon from old to new on Trust Wallet!

Common Migration Issues & Troubleshooting

Of course, some users encounter speedbumps during upgrade journey…

Common V1 to V2 Migration Errors

No need to panic! Here are fixes for the most common snags:

Insufficient BNB Balance for Gas

  • Ensure adequate BNB for miner fees. Buy more via Trust Wallet if needed.

Missing Tokens after Migration

  • Did you add V2 custom contract address to Trust Wallet per step 4? This displays new balance.

Stuck at Pending Transaction

  • BSC network congestion sometimes causes delays. Wait 15-20 minutes and typically processes.

Still having issues? Ask the helpful troubleshooting community on SafeMoon Discord or Reddit!

Additional Troubleshooting Tips

If you experience failed transactions, here is a systematic approach:

  1. Confirm you have BNB for gas fees and retry.
  2. Check BSC network status at bscscan.com
  3. Try again later during low traffic
  4. Adjust slippage 3-5% in Trust Wallet
  5. Try rounding down swapped amount

Embedding this logical thinking helps resolve many bugs!

Security Best Practices

When handling crypto migrations:

  • Bookmark official swap.safemoon.net
  • Use hardware wallets rather than keeping large amounts in mobile software wallets
  • Enable transaction signing in Trust Wallet
  • Share official SafeMoon guides rather than 3rd parties

Staying vigilant brings peace of mind to enjoy V2 gains!

Conclusion – Migrate Today!

With this 12 step tutorial, you can now seamlessly migrate tokens from SafeMoon V1 to V2 on Trust Wallet!

SafeMoon V2 elevates the project to new heights across financial value, real-world utility, community strength and more. Migrating positions you for shared success as SafeMoon continues its meteoric pace of innovation.

The process involves a bit of leg work, but pays dividends by future-proofing your investment.

Take action now to swap for V2 – the community welcomes you!

Have questions? Ask below and I‘m happy to help explain further!