SHORT ANSWER: You can buy Pepe with Gemini or Coinbase.
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.
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.
After faltering in 2023, the meme coin has recovered in recent weeks. In February, PEPE shot up by 800%, making the frog-themed coin a top gainer in 2024.
Where can you get your hands on this token? Learn how to buy PEPE coin on the best crypto exchanges and explore whether it can be a good addition to your cryptocurrency portfolio.
How to Buy Pepe in 7 Steps
Compared to more well-known cryptocurrencies like Bitcoin and Ethereum, the PEPE coin is not widely supported. However, wallets like MetaMask and Ledger support PEPE coin. The process involved in buying PEPE is similar to buying other cryptocurrencies. Here is a step-by-step process on how to buy PEPE.
Step 1: Select a Cryptocurrency Exchange
Choose a cryptocurrency exchange that trades PEPE coins. Consider factors like reputation, security and number of trading pairs when considering how to buy PEPE coin.
Step 2: Account Creation
Create an account on your chosen exchange. Most exchanges require you to provide an email address, password and some form of identification to create an account and verify your identity.
Step 3: Deposit Funds
Deposit funds into your exchange account. Depending on the exchange, you'll be able to deposit fiat currency (USD, EUR) or cryptocurrencies like Bitcoin or Ethereum directly into your account.
Step 4: Find PEPE Coin Trading Pair
After depositing funds, you can start the process of buying. 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.
Step 5: Order
You can buy PEPE coins by placing a market order (purchase at the market price) or a limit order (set a specific price). Make sure you review the order details before confirming.
Step 6: Trade Execution
Execute the trade. Market orders are executed instantaneously at market pricing. Limit orders are executed when the market reaches your price.
Step 7: Withdraw PEPE Coins
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.
Where Did the Pepe Coin Come From?
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.
Despite having no official connection to the meme's creator, the token capitalized on the enormous popularity of the Pepe the Frog meme for its gain. Pepe Coin established a significant connection and appeal with crypto enthusiasts by naming the coin after the well-known frog meme and using a meme-inspired logo. This tactic increased the popularity of the coin.
Is PEPE a Good Investment Right Now?
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.
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.
It is also important to acknowledge the risks and challenges associated with buying PEPE coins. Factors such as regulatory gaps, potential price manipulation and liquidity concerns are potential risks that come with investing in PEPE coins. Being informed about these risks helps you make a more informed decision about whether or not to buy Pepe coin.
If you are unsure of whether to invest in PEPE, check out the PEPE price prediction article for insights.
Where to Buy PEPE
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.
However, if you choose to buy PEPE coins on exchanges besides those listed here, you should take precautionary measures to ensure that the wallets are secure and you can withdraw your coins when you need them.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards. ³Crypto rewards is an optional Coinbase offer. Upon purchase of USDC, you will be automatically opted in to rewards. If you’d like to opt out or learn more about rewards, you can click here. The rewards rate is subject to change and can vary by region. Customers will be able to see the latest applicable rates directly within their accounts.
How to Store Pepe Coins Safely
When it comes to cryptocurrency, security is very important. You can store PEPE coins in hardware or software wallets. 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.
Software wallets, also known as hot wallets, are applications or software programs that store your cryptocurrency keys on internet-connected devices such as computers, smartphones or tablets. 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.
If you are considering storing your PEPE coins in wallets, here are the best hardware and software wallets to consider.
Best Hardware Wallet: Ledger
You can store your PEPE coins on Ledger, which has two hardware wallets: Ledger Nano S and Ledger Nano X. Ledger Nano S is renowned for its strong security features and user-friendly interface. Its successor, Nano X, has more features, like Bluetooth connectivity for asset management using a mobile app.
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.
Best Software Wallet: ZenGo
ZenGo is a fantastic choice if you want to keep PEPE coin in a software wallet. This app employs a unique form of keyless locking. This means you don't have to worry about protecting and backing up your private keys.
ZenGo uses threshold cryptography and biometric identification systems (such as fingerprint or face recognition) to provide an extra layer of security. The app also has an intuitive interface that guides you through the process of managing your crypto assets.
ZenGo provides committed customer service to help users with problems or inquiries they might have. ZenGo's support staff is accessible 24/7 to assist with issues you may be having with the app, resolving technical issues and offering advice on how to use it.
Looking for a Leapfrog
PEPE coin’s meteoric rise has given crypto investors a reason to keep tracking it and dabbling in the token. The meme coin has experienced an 800% surge in February.
However, buying PEPE requires studying its history, researching its performance in the crypto market and taking calculated actions to protect your investment.
Choose trustworthy cryptocurrency exchanges and protect your PEPE coins in hardware or software wallets. By following the step-by-step instructions provided, you can buy PEPE coins and perhaps profit from its price growth in 2024 and beyond.
Frequently Asked Questions
How much does it cost to buy one Pepe?
As of March 7, 2024, it costs $0.000000000367 to buy one PEPE coin
- Exclusive Crypto Airdrops
- Altcoin of the Week
- Insider Interviews
- News & Show Highlights
- Completely FREE