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. To do so, you must create an account, complete KYC, and choose your purchase method. You can buy Pepe directly with a credit or debit card or purchase a stablecoin first to exchange it for Pepe.
In February, PEPE shot up by 800%, making the frog-themed coin a top gainer in 2024. The first step to buy Pepe coins on Coinbase wallet is to download the Coinbase wallet on your smartphone. Coinbase wallet is a self-custody wallet and you can install its mobile application or add its browser extension. The information on this website is for educational purposes only, and investing carries risks. Always do your research before investing, and be prepared for potential losses.
It allows interaction with decentralized applications (dApps), smart contracts, and other ERC-20 tokens. If the Pepe Coin community can develop functionalities like a staking mechanism or a play-to-earn game, it could significantly support the coin’s price. This leaves just under 7% of tokens in a multi-signature wallet. 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. Pepe Coin is a fast-growing and well-known meme coin built on Ethereum’s blockchain.
Is PEPE a Good Investment Right Now?
You can trade it for other cryptos or use it as a collateral to borrow funds against it. Moreover, the recent success of meme coins has significantly amplified Pepe’s charm. According to CoinGecko, meme coins collectively have a market cap exceeding $50 billion. 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. You can buy PEPE coins on reputable exchanges such as Gemini, Coinbase and OKX.
Since Pepe Coin entered the market, it has consistently risen to provide huge returns to early investors. However, buying PEPE requires studying its history, researching its performance in the crypto market and taking calculated actions to protect your investment. ZenGo is a fantastic choice if you want to keep https://www.coinbreakingnews.info/ PEPE coin in a software wallet. This means you don’t have to worry about protecting and backing up your private keys. Pepe coin surpassed the $1 billion market cap just weeks after its April 2023 launch. This is impressive considering that it took Dogecoin almost four years to achieve the same milestone.
Step 3: Deposit Funds
Investing in PEPE right now looks appealing considering how well the coin has performed recently. Depending on the exchange, you’ll be able to deposit fiat currency https://www.cryptonews.wiki/ (USD, EUR) or cryptocurrencies like Bitcoin or Ethereum directly into your account. After faltering in 2023, the meme coin has recovered in recent weeks.
- PEPE coins will be credited to your exchange account after the trade.
- Enter the amount of USDT you wish to spend or the number of $PEPE tokens you want and click “Buy PEPE”.
- It ranks among the top 5 crypto exchange platforms based on day-to-day trading volume.
- The platform’s structure should align with your investment goals – some cater to long-term holders, while others are designed for frequent traders.
Let us look at the process of buying PEPE coins on Coinbase wallet. 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. Learn how to buy PEPE coin on the best crypto exchanges and explore whether it can be a good addition to your cryptocurrency portfolio. As of the time this article was written, Pepe Coin is not listed on Coinbase. However, the availability of coins on Coinbase can change, so it’s best to check the current listings on the Coinbase platform or website.
How to Store Pepe Coins Safely
Despite having the potential to make profits, investors are stuck on complex platforms, finding it difficult to buy meme coins like Pepe coins. This step is crucial in the process of buying Pepe coins on Coinbase wallet. Since it is a self-custody wallet, while setting up your account, you will get a recovery phrase or seed phrase, which consists of 12 random words. This is a key to access your funds, which makes it important to store it securely. But, when it comes to buying PEPE, neither Coinbase nor Coinbase Pro platforms help you, except for Coinbase wallet. Choose trustworthy cryptocurrency exchanges and protect your PEPE coins in hardware or software wallets.
Find the PEPE coin trading pair in the exchange’s trading section. Depending on your trading goal or strategy, this would be PEPE/USDT, PEPE/BTC, PEPE/ETH or whichever pairing the exchange offers. Consider factors like reputation, security and number of trading pairs when considering how to buy PEPE coin.
Pepe coin has recorded massive gains since its launch and is estimated to grow further if the crypto industry regains its bull market in 2024. Apart from the above-mentioned crypto exchanges, other platforms like ByBit, OKX, HTX, Kraken, and Bitget also help you buy PEPE coins in a few simple steps. This article helps you buy Pepe coins on top crypto exchange platforms so that you can make returns when its price surges this year.
To sustain its growth, Pepe Coin needs value beyond just speculation. Its compatibility with the Ethereum blockchain, thanks to the ERC-20 token standard, offers hope. That being said, there is too much momentum in the crypto space to expect a drawback anytime soon. However, with any investment, especially that of crypto, it is essential you conduct your own research before making any decisions. Despite its various associations with Pepe the Frog, the coin has no official ties with Matt Furie, the meme’s original creator. Find more information on how to buy Pepe on Coinbase wallet on our in detailed guide here.
Username is important to access your Coinbase wallet and to buy Pepe coins on the platform. It even allows other Coinbase wallet users to easily connect and send funds to your account. To purchase Pepe, you must have an account on a crypto exchange that lists Pepe.
You can buy it directly with a credit or debit card or purchase a stablecoin like USDT/BUSD first to exchange it for Pepe. Once the purchase is made, you can decide whether to keep it in your private crypto wallet or on the exchange for trading or staking. Coinbase wallet is one of the best hot crypto wallets that exist in the industry. This self-custody wallet is what you need to purchase Pepe coins.
Pepe Coin has carved a niche within the volatile meme coin space, offering potentially high gains driven by social media buzz. Also, macroeconomic factors like interest rates influence cryptocurrency demand. Lower interest rates generally make high-risk assets, like cryptos, more attractive. Almost $18 billion is flowing through the meme coin market every day and with the Bitcoin halving still to come many market experts believe we still have some way to go. A crypto investor turned a mere 0.125 ETH investment (around $250) into $1 million by acquiring 5.9 trillion PEPE tokens. But it’s important to note that selling many such tokens at their peak value could be difficult due to $PEPE’s relatively low liquidity.
Since its April 2023 launch, the coin has swiftly climbed the ranks to join the top 40 cryptos, as per CoinMarketCap. Meme coins are emerging as high-return contenders, among which Pepe Coin (PEPE) has rapidly risen to the spotlight. Known for https://www.bitcoin-mining.biz/ its volatility and rewarding potential, the coin is up by over 12,220% since its April 2023 lows to become the third-largest meme coin on the market. The final step is to buy your preferred amount of Pepe coins on Coinbase wallet using ETH.