It’s a great example of how cryptocurrency communities can unite around a shared culture rather than focusing on the economics of an asset. Before you can purchase PEPE with a credit card, you’ll need to create an account on Binance (or any other exchange that supports PEPE) and verify your identity. 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.
Enter the amount of ETH and click on “Preview Conversion.” Follow the prompts to complete the conversion of your ETH tokens to PEPE tokens. Once you’ve entered your card details, click on ‘Confirm.’ Then, tick the T&Cs checkbox before proceeding to click ‘Confirm’ on the order transaction page. Once logged in, click on the “Buy Crypto” option on the dashboard. Pepe is available on Binance for direct purchase, and you can use other cryptocurrencies, such as ETH, and swap them for PEPE. Here at MoonPay, we use AES-256 encryption, are PCI-DSS compliant, and also hold the widely-respected ISO and ISO certifications.
Step 6: Send Your PEPE to a Wallet
Shortly after its launch, PEPE briefly outperformed Dogecoin (DOGE) and Shiba Inu (SHIB). But PEPE, like all meme coins, is highly volatile and has no real utility. Therefore, investors need to do their own research before investing in PEPE. Remember, you’ll need a cryptocurrency wallet to buy, manage, and store your PEPE tokens should you choose to invest in them.
Are all the top cryptocurrency exchanges based in the United States?
Pepe the Frog is a cartoon character and frog internet meme that was created by Matt Furie in 2005 as part of the “Boys Club” comic series. Instead, the meme coin was created to revere a well-recognized software engineer vs software developer and loved meme. While PEPE has the potential to offer quick gains due to community hype and support, it’s quite volatile, and you can lose funds. So if you’re open to investing in it, only put money you can lose comfortably. From here, select the coin that you would like to deposit into your account (in this case, PEPE).
Enter the amount of Pepe you want to buy
If you’re investing, make sure you’re prepared for significant volatility and do your research. However, you should carefully consider whether or not the trends are looking favorable for its price, particularly as PEPE is a meme coin without any utility or roadmap. However, it is important to always do your research before making a crypto investment.
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. Setting up a secure wallet, purchasing Ethereum, and transferring it for use in buying meme coins like Pepe is a straightforward process when you follow the right steps.
Do you want to buy Pepe? Use and test these exchanges
Yes, swapping tokens on a DEX usually involves a transaction fee, including a network fee (gas fee) for using the Ethereum blockchain. Other cryptocurrencies may not be compatible with ERC-20 token standards for direct transactions. The concept of best day trading brokers and platforms 2021 PEPE was created based on the Pepe the Frog meme and was launched in April 2023. It was popularized by a Twitter account which has now been identified as Zachary Testa.
Is PEPE a good investment?
While it took Dogecoin (DOGE) almost four years for its market capitalisation to reach $1 billion, Pepe Coin surpassed its first billion within three weeks of its launch. Both Ledger hardware wallets support safe offline private key storage and crucial security features like seed phrase backup and PIN code protection. These security features ensure that your crypto assets remain safe from online threats such as hacking and phishing attacks. 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. Consider factors like reputation, security and number of trading pairs when considering where to buy PEPE coin. Compared to more well-known cryptocurrencies like Bitcoin and Ethereum, the PEPE coin is not widely supported.
- Investing in PEPE comes with significant uncertainty, much like other meme coins.
- The appeal of meme coins lies in their light-hearted and fun nature, catering to a wide audience, especially younger retail traders.
- Similarly to other memecoins, a robust crypto community sustains PEPE crypto.
- This came just as the crypto market appeared to be turning bullish again.
While current trends offer some perspective, several external elements may influence the trajectory of PEPE. Along with Beeple’s digital artworks, the Rare Pepe NFT project also highlights the token’s role in digital art. They notably showcase different faces of the meme and can be traded on various NFT marketplaces. However, understanding how to buy Pepe Coins is just the first step. To truly appreciate its value, it’s crucial to explore what is the Pepe Coin and why it’s becoming a significant player in the crypto space.
How do I swap ETH for Pepe?
- As of November the 13th 2024, PEPE is available to trade on Coinbase.
- Some of the qualifications for the top wallets and platforms included, availability, safety, user-experience, and features outside of regular use.
- Buy Pepe in more than 160 countries using the local currency of your bank account.
- BeInCrypto prioritizes providing high-quality information, taking the time to research and create informative content for readers.
Even though PEPE has already experienced significant growth, its future price performance is still dependent on the overall trends in altcoins. After purchasing ETH on an exchange, copy your wallet address and paste it into the withdrawal section of the exchange. PEPE’s journey exemplifies the dynamic and unpredictable nature of the crypto space.
But much like other memecoins, the future of the crypto is uncertain. If you want to buy PEPE, ensure you understand the risks involved. Always have a comprehensive we are now accepting bitcoin strategy in place, and never invest more than you can afford to lose.