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How to Buy Pepe Coin in 2024: A Step-by-Step Tutorial

6min Read

Want to invest in Pepe Coin but not sure how to buy them? Our 2024 tutorial covers the step-by-step process to help you buy this cryptocurrency. Don’t miss out on this opportunity!

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The meme coin phenomenon has taken the cryptocurrency market by storm, with Pepe Coin emerging as a noteworthy contender. This digital currency, inspired by the well-known internet meme Pepe the Frog, has amassed a remarkable following, translating into substantial returns for its investors. People often wonder: How to buy Pepe Coin?

This entire guide will walk you through the process of procuring Pepe Coin, diving into its unique journey and explaining its surge in popularity.  

What exactly is Pepe Coin?

Pepe Coin Price Prediction 2023, 2025, 2030, 2040

Exploring Pepe Coin

Created on the Ethereum blockchain, Pepe Coin is a rapidly-growing meme coin that has stormed into the top 70 cryptocurrencies. Launched in April 2023, $PEPE has rapidly climbed the ranks, despite its playful exterior inspired by the Pepe the Frog meme.

Meme coins, while often humorous, have showcased their potential for high returns, drawing in both crypto enthusiasts and skeptics. Pepe Coin, despite being a meme-inspired currency like Dogecoin or Shiba Inu, is more than just a token for amusement.

The official Pepe website humorously insists that $PEPE is merely for fun and shouldn’t be considered for investment. However, nearly 130,000 investors have been lured in by this meme coin, which is now available on notable exchanges such as Binance, Uniswap, Bybit, and Gemini.

Will Pepe coin survive the cryptocurrency market in 2024? Check out the odds in our detailed blog here.

How to buy Pepe Coin: A guide

Whether you’re a seasoned investor or a beginner in the crypto world, buying a meme coin like Pepe can seem daunting. However, purchasing Pepe Coin can be a highly simplified process if you follow the steps outlined below.

Step 1: Choose the right platform

To start with, choose a crypto exchange that supports Pepe Coin. Some popular options include Binance, KuCoin, CoinEx, and Kraken. These platforms vary in terms of fees, security features, and supported cryptocurrencies, so it’s crucial to research and compare before making a decision.

Step 2: Create an account

Once you’ve chosen a platform, create an account using your email and mobile number. The majority of platforms require you to verify your identity before you can start trading.

Step 3: Fund your account 

After setting up your account, you’ll need to deposit funds. You can do this through a wide array of methods, such as bank transfers, credit or debit cards, or even by transferring cryptocurrency from another wallet. 

Step 4: Buy Pepe Coin

Once your account is funded, you can now purchase Pepe Coin. Simply navigate to the trading section, look for the Pepe Coin trading pair, and place an order at the current market price or set a limit order. 

Step 5: Store your Pepe Coin

After purchasing Pepe Coin, you’ll need to decide where to store it. You can keep it in your wallet on the exchange, or you can easily transfer it to a private crypto wallet for added security.

USDT’s dominance over Tron has been skyrocketing. What does it mean? Check out our article to stay updated!

how to buy pepe coin

Learning how to buy Pepe Coin – Image via Unsplash

The appeal of Pepe Coin

Pepe Coin, like its meme-driven counterparts Dogecoin and Shiba Inu, owes its popularity to viral social media chatter. Despite lacking specific features such as staking or unlocking capabilities, it has garnered a broad investor base. 

Pepe Coin has a massive circulation of 420 trillion tokens. Remarkably, over 93% of these tokens are already committed to the liquidity pool, with their corresponding tokens burned and contracts renounced, meaning they can’t be retrieved or created again.

This leaves just under 7% of tokens in a multi-signature wallet. These are set aside 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.

In the battle between DeFi and traditional finance, which will emerge victorious? Find out now!

Pepe Coin’s market performance

Since its inception, Pepe Coin has shown a steady upward trajectory, providing substantial returns to early investors. At the time of writing, it boasts a staggering market cap of $626 million, making it the third-largest meme coin in the market.  

Pepe Coin’s value peaked at $0.0000045 on May 5th during a record-breaking crypto bull run, luring in investors keen to capitalize on the rally. However, like any market, the initial enthusiasm dwindled, resulting in a sharp decrease in price. 

Despite this, the coin found support at $0.00000087, assisting it in breaking away from a 1.5-month-long descending channel. This downturn paved the way for a new bull rally, pushing the coin past the $0.00000187 resistance level.

Over the past month, the value of Pepe Coin has soared by an impressive 63%, hitting a high of $0.00000189. The decentralized crypto trading platform Uniswap witnessed significant trading volumes of Pepe, with a staggering $6.28 million traded in just the past 24 hours. 

Pepe coin has finally managed to overcome the curse of the stagnant holders. Check out our comprehensive blog to learn how!

Frequently asked questions (FAQs)

Here are a few questions that people often ask about Pepe Coin. Take a look:

Q: Where can I buy Pepe Coins? 

A: Pepe Coins are available on various crypto exchanges. A few of the most notable ones include Binance, Uniswap, KuCoin, CoinEx, and Kraken. The availability of these coins might vary depending on your location and the platform’s supported regions.

Q: What is the process for purchasing Pepe Coin? 

A: To buy Pepe Coin, 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 or BUSD first and then exchange it for Pepe.

Q: Can you buy Pepe Coin on Coinbase? 

A: 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. Alternatively, traders may purchase Pepe Coin on other major exchanges like Binance, KuCoin, CoinEx, and Kraken.

Q: Can Pepe Coin be bought on Binance? 

A: Yes, traders can buy Pepe Coin on Binance. To do this, you must create an account, complete your identity verification, and choose your purchase method. You can buy Pepe directly with a credit or debit card or purchase a stablecoin first, then exchange it for Pepe.

how to buy pepe coin

People leveraging the power of Pepe Coin – Image via Unsplash

Summing up 

Pepe Coin has carved out a niche within the volatile meme coin arena. This offers potentially high returns fueled by social media buzz. 

However, like all investments, purchasing Pepe Coin carries risks and uncertainties. Therefore, thorough research and a clear understanding of the market are crucial before diving into the world of meme coins.

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Prakriti is a Content Writer at AMBCrypto. She describes herself as a passionately creative individual, with a dash of strategic prowess. With over 3.5 years of experience in the field of content writing and marketing, she is dedicated to churning out top-notch content in domains like Crypto, Web 3.0, AI and contributing to quench the thirst for technical knowledge of her readers.
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