In order to help you as much as possible, we will illustrate the process using both a centralized exchange, such as Binance, and a decentralized one, such as Uniswap. A device or application that securely holds a user’s public and private keys while allowing interaction with a blockchain network. As with other meme-led currencies, PEPE lacks robust fundamentals and intrinsic value to become a serious crypto investment.
Its value is driven by an enthusiastic community, making it an intriguing and unpredictable investment. To initiate the process of buying Pepe Coin on Binance, your first course of action involves creating a free account on this cryptocurrency exchange if you haven’t already done so. However, if you already possess a Binance account, you can proceed directly to step 3. Since its public launch in April 2023, Pepe Coin has rapidly gained popularity, emerging as one of the most actively traded cryptocurrencies. At its core, blockchain is a digital chain of blocks, but not in the traditional sense.
With Bitcoin treading water, the broader crypto market struggled to generate returns. Historically, meme coins have delivered eye-popping returns overnight, and PEPE was no different. Though its design seems to tap into the meme coin frenzy, it strays from similar meme coins like dogwifhat, dogecoin and shiba inu. The primary distinction is that while the others draw inspiration from canines, PEPE is all about the amphibian charm. For users prioritizing decentralization and privacy, UniSwap facilitates PEPE swaps without an intermediary through its DEX platform. Using the exchange’s trading interface, enter the amount you want to purchase and the bid price.
Crypto.com lets you buy, sell and trade over 400 cryptocurrencies, including Bitcoin and Ethereum, with zero-fee USD deposits, wire, and Apple/Google Pay. With a user base exceeding 140 million, the platform gives advanced trading options, a self-custodial wallet through Crypto.com Onchain, and industry-leading security certifications. Paired with the Ledger Live app, manage over 5,500 digital assets, including cryptocurrencies and NFTs. Before you can purchase PEPE how to sell your bitcoin from wallet exodus buy bitcoin to transfer with a credit card, you’ll need to create an account on Binance (or any other exchange that supports PEPE) and verify your identity.
Are meme coins a good investment or just hype?
- Aside from that, the option to buy PEPE perpetual contracts, which have no set expiration date, is available as well.
- You can also stake 33D tokens to earn rewards, with staking exclusive to token buyers.
- Kraken is geographically compliant, so you can buy PEPE securely without trespassing legal boundaries (like using a VPN).
- Ensure you are using the correct contract address for Pepe.
- After they become popular, meme coins typically drop in price relatively fast or slow.
- Each wallet has its pros and cons, so the best choice really comes down to your existing setup, trading strategies, and preferred level of control over your crypto.
But as flagship cryptocurrencies began rallying, fresh capital once again flowed into the crypto sphere. Meme coins like PEPE were viewed as high-upside plays in this environment. By early 2023, the resurgence of Bitcoin and Ethereum signaled renewed enthusiasm in crypto overall.
Where to Buy Meme Coins Online
The Pepe coin is named after Pepe the Frog, an internet meme character created by Matt Furie in his cartoon Boy’s Club. It was first developed as a digital currency on the Ethereum blockchain and gained popularity for its unique branding and community-driven development. The Pepe Coin capitalized on the popularity of the Pepe the Frog meme by establishing a connection with crypto enthusiasts through its name and logo. Similarly, legal and regulatory factors are unpredictable but important for PEPE’s future.
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Meanwhile, those who bought at or near the peak will be less pleased as the meme coin has shed substantial value since its exponential growth in May 2023. “If you’re gonna get into crypto, I would say start with Bitcoin, start with Ethereum,” he added. It has somewhat mysterious origins, without an airdrop, presale or initial coin offering, which is a fundraising method used for crypto projects. There is also little information about the team behind the coin.
As such, meme coins are highly speculative bets on a crypto asset with little to no actual value. The DEX you choose to complete the swap depends on the chain the meme coin is built on, such as Uniswap for Ethereum, PancakeSwap for the Binance Smart Chain, or Raydium for Solana. Note, however, that some meme coins like Dogecoin have their own blockchains, so that opens up your trading options.
- Investors should weigh the risks and fleeting fortunes of meme mania before adding PEPE to their crypto portfolio.
- Consider factors like reputation, security and number of trading pairs when considering where to buy PEPE coin.
- If you decide to buy PEPE tokens, ensure you prioritize crypto wallet security — don’t leave your tokens sitting on an exchange.
- Building on our earlier discussion about how to buy Pepe Coins and its potential as an investment, it’s essential to consider various factors that could shape its future.
- With futures contracts, you can gain exposure to PEPE’s market movements without actually having to buy or hold the token in your portfolio.
Before you invest in Pepe coin, it’s key the right time to invest in crypto is now to know the risks. Decentralized exchanges (DEXs) offer more privacy and control but require some technical knowledge. Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions.
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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. And you’re done — that’s how to buy PEPE tokens with a credit card using Binance.
Step 1
When it comes to cryptocurrency, security is very important. Hardware wallets are physical devices that store your cryptocurrency offline. These wallets provide an extra layer of security against hacking and online threats because your private keys can’t be accessed through internet-connected devices.
Create an account
Naturally, this put the frog-themed altcoin on the radar of a lot of potential buyers. If you are one who is interested in adding PEPE to your crypto portfolio, here’s a guide on how to buy PEPE. The trading pair Pepe-Ether is represented by the symbol PEPE-ETH on the Uniswap v2 exchange within the Ethereum blockchain. In May 2023, how to convert bitcoin into cash the PEPE meme coin experienced significant attention on the decentralized Uniswap exchange.
How much I need to buy Pepe coin?
To securely store your newly bought PEPE, withdraw it to your compatible crypto wallet. Simply input the withdrawal amount and your wallet address. For example, Exodus users can find their PEPE wallet address by opening the Exodus app, searching for PEPE, and tapping the “Receive” button (downward arrow icon). This will display the PEPE wallet address to copy for withdrawals. Within two weeks of PEPE’s launch in mid-April 2022, the meme coin stormed its way into the top 100 cryptocurrencies by market capitalization.