Go to the “My Account” tab and follow the instructions in the “Verify your identity” section. Once the verification process is completed, full trading and transfer capabilities will be enabled for your account. Most exchanges require you to provide an email address, and password. You will also need to submit some form of identification to verify your account in compliance with the Know Your Customer (KYC) regulations.
Even though PEPE has already experienced significant growth, its future price performance is still dependent on the overall trends in a guide to initial coin offerings altcoins. Our team is diligently working to keep up with trends in the crypto markets. While Pepe Coin is relatively fresh to the cryptocurrency market, particularly in terms of its role as a trading asset, it has demonstrated resilience and potential.
Step 4. Link Your MetaMask Wallet to Uniswap
No one knew exactly how long this surge could continue before bears took over. As Pepe’s value climbed, FOMO (fear of missing out) kicked in for many investors. This sentiment fueled a staggering 400,000% price increase in mere weeks after its bakkt ceo confirms firm has no plans to support xrp debut. A slice of every transaction is distributed among its current token holders, encouraging community engagement and sustained investment. The exchange will transfer the PEPE from the exchange wallet to yours. Despite its humorous tone, Pepe Coin introduced several strategic features that helped sustain momentum while encouraging long-term holding among existing token holders.
Purchase your Pepe, select a buy order type
Many other meme coins, like Dogecoin (DOGE), dogwifhat (WIF), and BOOK OF MEME (BOME), are listed alongside Pepe Coin in the Crypto.com App. Though the team separated from the bad players and updated internal security settings, the token’s value plummeted. PEPE coin’s meteoric rise has given crypto investors a reason to keep tracking it and dabbling in the token. However, buying PEPE coin requires studying its history, researching its recent and past performance in the crypto market and taking calculated actions to protect your investment.
Here, we explain the top 3 crypto exchanges where you can buy Pepe coins in detail. Buying PEPE is as straightforward as buying any other cryptocurrency — especially considering that several centralized and decentralized exchanges have listed it. Some of the top crypto exchanges to have listed PEPE include Binance, Kraken, KuCoin, and OKX, among many others. For users prioritizing privacy, UniSwap facilitates PEPE swaps without an intermediary through its DEX platform. The trade-off is that UniSwap’s fees tend to exceed those of the centralized exchanges. Meme coins (or meme tokens), like Pepe Coin, are born from internet memes.
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To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it’s a good idea to have those ready. Many crypto platforms fall victim to hacks or misappropriation of users’ funds. So, when making a choice, cross-check recent user reviews and research if there have been potential scams in the past.
- The purpose of this website is solely to display information regarding the products and services available on the Crypto.com App.
- Find an exchange to buy, sell and trade PEPE by comparing deposit methods, supported fiat currencies and fees.
- The key factors that drive a crypto’s price include the adoption of its network, investor sentiment, utility, competition, the overall crypto market, and basic supply and demand.
- Unlike traditional crypto assets that offer utility, governance rights, or revenue mechanisms, many meme coins are driven purely by sentiment.
- First, create an account on a preferred exchange, deposit funds, and buy PEPE based on the current price.
- So if you’re open to investing in it, only put money you can lose comfortably.
- Find more information on how to buy Pepe on Coinbase wallet on our in detailed guide here.
Investing in PEPE right now looks appealing considering how well the coin has performed recently. Additionally, being an AI-based cryptocurrency, PEPE could profit from advancements and excitement in the field of AI technology, which could have an impact on its price. If you are considering storing your PEPE coins in a cryptocurrency wallet, here’s a few of the best options available in the market today. For users prioritizing decentralization and privacy, UniSwap facilitates PEPE swaps without an intermediary through its DEX platform.
While we cover a range of products, our comparison may not include every product or provider in the market. Always confirm important product information with the relevant provider and read the relevant disclosure documents and terms and conditions before making a decision. Find more information on how to buy Pepe on Coinbase wallet on our in detailed guide here.
- Use the same payment method that you sued to buy PEPE for this process.
- Prices can soar on the back of a viral tweet, a celebrity endorsement, or a sudden wave of retail FOMO — and crash just as quickly when attention fades.
- Wire transfers send money directly from your bank account, while ACH transfers use third-party software to facilitate the transfer, which may be slower but cheaper.
- If you are one who is interested in adding PEPE to your crypto portfolio, here’s a guide on how to buy PEPE.
- Additionally, the meme coin landscape is filled with rug pulls, where developers cart away investors’ funds and abandon the project.
Learn how to buy Pepe (PEPE) on 3+ crypto exchanges in our step-by-step guide.
Within just weeks after its public launch in April 2023, PEPE became one of the most highly traded cryptocurrencies. 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. To buy Pepe Coin on your phone, you will need to download a mobile app for a cryptocurrency exchange that supports the trading of Pepe Coin. Once you have created an account and verified your identity, you can deposit funds into your account and use them to purchase Pepe Coin.
You can do this by clicking “Continue” on your computer or, alternatively, by using the Binance App to scan the QR code located at the bottom right of the screen. In most cases, users can use a passport, ID card, or driver’s license for this purpose. Ensuring that the images you upload clearly display the entire ID document is essential. Once you’re logged into your account on Binance, head to the user center, and within this section, locate the “Identification” category. If you’re a new user, you can kickstart the verification process by clicking “Get verified” on the homepage.
Key Features of Pepe Coin:
This project has provided massive gains for many investors bold enough to get involved in its nascent stages. Since its inception, Pepe Coin has experienced significant volatility, with its market capitalization reaching notable highs shortly after launch. Its value is primarily driven by social media trends and speculative trading, reflecting the broader dynamics of meme-based cryptocurrencies. Experts speculate that the upcoming Bitcoin halving in April 2024 will lift the crypto market as a whole — a phenomenon seen after past halving events. However, meme coins are highly volatile and speculative, and other factors in the macroeconomic environment and crypto space could influence PEPE’s price either way.
Essentially, cryptocurrencies serve as alternatives to traditional currencies like the euro, dollar, yen, and others. Unlike electronic bank money, the key distinction is that cryptocurrency operates in a decentralized system, with no central authority controlling it. Although altcoins like meme tokens often lack real-world utility, their viral nature and marketing hype can lead to major price spikes, as seen with dogecoin. Pepe quickly cemented its status as a recognizable crypto asset by piggybacking on the familiar Pepe meme. With countless cryptocurrency exchanges to choose from, do your homework to pick one that’s secure, reputable, and charges reasonable fees.
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We are using Binance to demonstrate the procedure, but you can choose any other exchange you may prefer. Just ensure that the exchange supports trading between PEPE and the currency you want to deposit. You can buy PEPE on major exchanges like Binance or via Uniswap; verify the token contract before purchasing and understand the high volatility typical of meme coins.
Step 6
After selecting your preferred exchange, register an account by providing your email or mobile number. Most exchanges will require you to verify your identity to secure your account. Many investors see it as a fun asset in the crypto world that is worth investing in. Others, however, try to be cautious, given its 7 best bitcoin debit cards in the uk 2021 high volatility and lack of utility. So, as you learn how to buy this coin, we recommend you watch its performance closely and stay up to date with its community.
It even entered the top meme coins list within no time after its launch in April 2024. Notably, meme coin analyst Murad Mahmudov predicted that regardless of whether the altcoins season happens, memes will outperform other sectors significantly. An increase in the meme coin sector’s value translates to a potential rise in Pepe Coin’s value, making now an exciting time to buy this token. 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.
Meme coins are highly speculative, subject to extreme volatility, and often lack intrinsic value, making them vulnerable to rapid price swings and liquidity drops. PEPE features a deflationary supply model, a no-tax policy, and a decentralized, community-driven approach with no central team or formal development plan. Pepe Coin inevitably draws comparisons to earlier meme coin giants — most notably, Dogecoin (DOGE) and Shiba Inu (SHIB). While all three share roots in internet culture and operate largely on the power of community, the paths they’ve taken — and the narratives they’ve built — reveal key differences. While some may leave assets on an exchange for convenience, this exposes them to unnecessary custodial risk.