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Smart Ways to Convert Cash into Crypto SG

20231128 blog hero Smart Ways to Convert Cash into Crypto SG 2

Must-Watch Video for all SocialGood App Users and SocialGood (SG) Holders

To everyone who understands how SG works

The more people shop at SocialGood App, the more the price of SG increases. It has 4x in 4 months.

This has already been proven in the last 6 months due to the new buyback mechanism from June 2023.

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Shopping SG Price Buyback

Recently, we have heard from people who want to hold a lot of SG but are having trouble getting a lot of them.

With inflation so high, holding cash is losing a lot of its value. People are trying to protect themselves by converting their cash into assets that are expected to increase in value. For such demand, bitcoin may be one option to convert their cash. SG, which have a track record of rapidly increasing in value compared to bitcoin, may also be an option.

As is well known, slippage is a problem when trading large amounts of crypto assets. Slippage is when a market order is matched against a limit order and the execution price is not the best ask price, but an unfavorable price until the targeted volume is met.

In the following situation, the best ask price is 0.05, but an order for 80,000 SG will be executed at approximately 0.07. (See “Avg Price” in the image).

avg price

As a solution to this problem, we have changed the number of SG required for Premium Membership to 80,000. The SG required for Premium Membership can be purchased on our app.

Currently, 1 SG = $0.04, 80,000 SG equals $3,200. This time, we have developed a system that allows users to hold $3,200 worth of SG to qualify for membership, which is especially appreciated by US and UK users. As a result, more people are getting 80,000 SG via our app.

This was because SG was not yet listed on the exchanges popular with U.S. and U.K. users, and there were few opportunities to buy as much SG as they wanted in large quantities.

There have been requests for more SG to be available more smoothly (e.g. 10,000 SG), but in order to provide more people with the opportunity to manage their assets with SG, we are limiting the number of SG to only 80,000 SG per user.

We hope that this new opportunity will help you to manage your assets safely.

(Added) You can purchase SG by your USDT, BTC, ETH, or MATIC, etc.

💡Read related articles to learn more: ANALYZING SOCIALGOOD (SG)’S PERFORMANCE – A SIX-MONTH REVIEW

Sign up now to receive $200 worth of SG. Click here to download.

Disclaimer: The SocialGood (SG) token is a utility token. SG is not a security, just as real estate and gold are not securities. The description above does not refer to the nature of SG in any way. The appreciation/price increase of SG is not guaranteed. The Company is not responsible in any way for the fluctuation of the price of SG. The Company is not liable for any loss/damage/injury of customers in relation to SG. The description above is not intended to solicit investment. The description above is only for the purpose of providing general information for customers. The description above may change without prior notice and the Company is not responsible for the current description and for updating the description.
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