How to Buy Pepe Coin in 2024 Beginners Guide

how to buy pepe meme coin

PEPE coins will be credited to your exchange account after the trade. For security, withdraw PEPE coins to a hardware wallet like Ledger or a software wallet like ZenGo. Go to the exchange’s withdrawal area, enter your wallet address and withdraw.

how to buy pepe meme coin

The PEPE token has attracted attention from investors seeking an investment that’s going to the moon, thanks to its meme status and an active crypto community. PEPE’s performance has been impressive, and the crypto coin continues to show promising signs of potential growth. As of the time this article was written, Pepe Coin is not listed on Coinbase.

How to buy PEPE with a credit card

You can use debit or credit cards to buy Pepe tokens on any centralized exchange that supports it, including the ones mentioned above. CEXes are ideal for buying crypto with fiat, but they require creating an account and verifying your identity. Historically, meme coins have been performing well, particularly doing bull runs, so it is reasonable to assume that PEPE will, also. It stands out from the rest, it is unique in its use of Pepe The Frog, and its initial performance during the first weeks of its existence seems encouraging. The token officially launched in mid-April 2023, and since then, it has managed to generate quite a substantial momentum. As a meme coin, it was created for a niche audience, but it managed to gain popularity among crypto traders and meme enthusiasts.

Unfortunately, PEPE is not listed on PayPal, and PayPal is still not a payment method supported by crypto exchanges. This works because you can find a PEPE sell order on one such platform and offer to pay for it via PayPal. The tokens would be kept by the platform until both parties confirm that the PayPal payment has been made, and then they would be released into your wallet.

Historically, memecoins have delivered eye-popping returns overnight, and PEPE was no different. Just like the name suggests, a memecoin is a cryptocurrency https://www.coinbreakingnews.info/ that originated from a meme. Memecoins typically use easily recognizable symbols, figures, and images, like Doge –– or Pepe the frog.

how to buy pepe meme coin

Also, if you use third-party services like Mercuryo and Moonpay, you will likely have to do the KYC process with them. Many who missed the Dogecoin or Shiba Inu booms view Pepe as a ‘second chance.’ It is perceived as an enticing opportunity for those who missed the initial meme coin wave. Unlike Dogecoin, which took nearly four years to reach a $1 billion market cap, $PEPE hit this milestone in just three weeks.

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Yet nearly 155,000 investors have been attracted to this meme coin, and it has gained a spot on major exchanges like MEXC, Binance, Uniswap, Bybit, and Gemini. Behind the coin is an ambitious crypto project aiming to create a decentralized marketplace to allow crypto enthusiasts to trade cryptocurrencies https://www.cryptonews.wiki/ linked to trending internet memes. Once your Buy order is filled, your PEPE coins will be stored in your exchange’s custodial wallets. You can leave them there or withdraw them to your personal external software or hardware crypto wallet, where you have full control of your private keys.

  1. The platform has a lot to offer, including plenty of educational materials, hundreds of listed cryptos, and even more trading pairs.
  2. These are reserved for centralized exchanges, bridges, and other liquidity pool listings.
  3. These security features ensure that your crypto assets remain safe from online threats such as hacking and phishing attacks.

However, though they are convenient for accessing your funds on the go, software wallets are more vulnerable to hacking and malware attacks compared to hardware wallets. You can buy PEPE coins on reputable exchanges such as Gemini, Coinbase and OKX. These platforms offer a secure and convenient way to access cryptocurrency and start building your digital currency portfolio. When it comes to investing in crypto, you should remember that the market decides everything. Conduct due diligence and think about things like market trends, the basics of the project and your risk tolerance. Even though PEPE has already experienced significant growth, its future price performance is still dependent on the overall trends in altcoins.

If you’re okay risking a certain amount of money with the chance to have it 10x or 100x, then the answer could be “yes”. But if you’re looking for a lower risk crypto investment, then buying Bitcoin is probably the better bet. Knowing your risk appetite and staying up-to-date with market shifts are key to all investments. But to navigate the crypto https://www.cryptominer.services/ landscape with over 26,000 cryptos, staying ahead of the curve requires staying informed about new high-potential cryptos. Pepe Coin has carved a niche within the volatile meme coin space, offering potentially high gains driven by social media buzz. Once you’ve purchased Pepe Coin, decide whether to keep it in your private crypto wallet or on MEXC.

Buying PEPE Coin is pretty much like buying any other cryptocurrency. However, some aspects of the project might make some investors think twice before purchasing it. Transactions are also fast, and, in addition, the platform features margin trading and even staking, which opens up opportunities for potential high profits and passive income. You can trade on your PC or via a mobile app, and regardless of the method, the platform features high security.

How to buy PEPE

OKX is a popular cryptocurrency exchange that offers a wide range of trading pairs, including PEPE/USDT. It provides a comprehensive trading environment for PEPE, with a broad spectrum of trading options available. The platform’s liquidity ensured our PEPE trades were executed swiftly, a critical aspect of effective trading. We also liked OKX’s balance of advanced features with an accessible user interface, which catered well to our expectations.

We have been featured in prominent finance media, including Forbes, Globe and Mail, Business Insider, CBC, MSN, Wealthsimple, and TD Direct Investing. Crypto.com is a great place to buy PEPE for Canadians looking to trade a wide variety of PEPE Coin pairs at low fees. Search PEPE on the exchange’s search bar and click through to bring the Buy/Sell form and see the available PEPE trading pairs. Once your crypto wallet is set up, deposit CAD or USD using any of the supported funding methods.

By early 2023, the resurgence of bitcoin and ethereum signaled renewed enthusiasm in crypto overall. Even in the oversaturated meme coin market, there still appear new heroes that take the industry by storm. Pepe coin, named (and branded) after the famous frog meme, is one of such standout projects. Depending on the exchange, you’ll be able to deposit fiat currency (USD, EUR) or cryptocurrencies like Bitcoin or Ethereum directly into your account. These are reserved for centralized exchanges, bridges, and other liquidity pool listings. This careful allocation strategy aims to use the tokens effectively, creating stability and growth for Pepe Coin in the long run.

Best Crypto Exchanges For Day Trading in Canada in 2024

Depending on your trading goal or strategy, this would be PEPE/USDT, PEPE/BTC, PEPE/ETH or whichever pairing the exchange offers. Compared to more well-known cryptocurrencies like Bitcoin and Ethereum, the PEPE coin is not widely supported. The process involved in buying PEPE is similar to buying other cryptocurrencies. Learn how to buy PEPE coin on the best crypto exchanges and explore whether it can be a good addition to your cryptocurrency portfolio. However, investing in $PEPE carries the usual crypto risks, mainly price swings and speculative behavior. The Pepe Coin community’s efforts to create practical uses could brighten this token’s prospects.

Is Coinbase Safe? Read Before You Sign Up

Make sure you choose a crypto app that offers PEPE Coin, like VirgoCX. Ali is a professional journalist with experience in Web3 journalism and marketing. Ali holds a Master’s degree in Finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of leading cryptocurrency publications including Capital.com, CryptoSlate, Securities.io, Business2Community, BeinCrypto, and more. PEPE is not a young cryptocurrency anymore – especially for a memecoin.

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