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How to Buy Pepe Coin on Coinbase? Step-by-Step Guide

By September 7, 2023August 26th, 2024Cryptocurrency News

how to buy pepe coin on coinbase

The backing Pepe is getting from some cryptocurrency bitcoin exchange binance marketing of the most prominent exchanges in the industry has also help sustained the bullish hype surrounding the token. Should Coinbase eventually decide to list the coin despite its regulatory and legal hurdles, it could be a true game-changer for the meme coin. Though there is a history of losses among its early traders, the bulk of the meme coin’s backers are in profit as it has printed more than 298% growth over the trailing seven-day period.

Buy Pepe coin on Coinbase Using ETH

Within months, it registered price increases of over 15,000% and overtook popular dog coins like DOGE and Shiba Inu in gains. To buy Pepe Coin on your phone, you will need to download a cryptocurrency exchange app 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. Make sure to do thorough research and exercise caution when investing in any type of cryptocurrency. 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.

Pepe Token Unlocks

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. 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. This is a key to access your funds, which makes it important to store it securely.

  1. When assessing a crypto asset, it’s essential for you to do your research and due diligence to make the best possible judgement, as any purchases shall be your sole responsibility.
  2. Should Coinbase eventually decide to list the coin despite its regulatory and legal hurdles, it could be a true game-changer for the meme coin.
  3. The most popular options for transferring funds to a crypto exchange account are wire transfers and ACH transfers.
  4. If you are unsure of whether to invest in PEPE, check out this PEPE price prediction for insights.

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. Consider factors like reputation, security and number of trading pairs when considering where to buy PEPE coin.

Once registered, you can charge your account via bank transfer, Apple Pay, or credit/debit card payment. While bank transfers might take 1-3 business days to process, Apple Pay and credit card payments are processed within seconds and ready to use for your first PEPE purchase. This came just as the crypto market appeared to be turning bullish again. Volt Inu and VoltiChange are affiliated with Pepe via VoltiChange’s widget integration directly onto Pepe Coin’s website. Volt Inu claims to be the first deflationary decentralised exchange (DEX), offering VoltiChange, which automatically lists and makes any Uniswap or PancakeSwap project deflationary — for free. If you are unsure of whether to invest in PEPE, check out this PEPE price prediction for insights.

how to buy pepe coin on coinbase

While the official Pepe Coin website says that the token has no intrinsic value or expectation of financial return, the number of holders continues to be impressive.

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. The PEPE token has become a hot topic of conversation among investors looking for the next big thing in the cryptocurrency world. With its meme status and active crypto community, PEPE has garnered attention for its potential growth, leading many to believe that investing in the token could be a ticket to the moon. In less than a year, Pepe has already become a staple in the highly successful meme coin narrative.

Volt Inu and VoltiChange

Compared to more well-known cryptocurrencies like Bitcoin and Ethereum, the PEPE coin is not widely supported. The process involved in buying PEPE is similar to buying other cryptocurrencies. Many other meme coins, like Dogecoin (DOGE), dogwifhat (WIF), and BOOK OF MEME (BOME), are listed alongside Pepe Coin in the Crypto.com App. On X (formerly Twitter), the team came clear on what happened, but the token’s value only recovered with another announcement made in October. Though the team separated from the bad players and updated internal security settings, the token’s value plummeted.

While beginners can buy any cryptocurrency on Coinbase centralized crypto exchange platform, experienced investors use the Coinbase Pro platform. However, Pepe coin is only available on Coinbase Wallet, one of the top hot crypto wallets, for you to buy. However, meme coins are purely speculative assets with no utility. While it is the volatility of meme coins that may attract many to this narrative, as it offers the opportunity for incredible gains, this who sets the bitcoin price also means the price can drop just as suddenly.

How to Store Pepe Coins Safely

The appeal of meme coins lies in their light-hearted and fun nature, catering to a wide audience, especially younger retail traders. Additionally, the low cost of entry and potential for substantial gains make meme coins attractive to many, despite their high volatility and speculative nature. The success of meme coins like WIF and Pepe can be attributed to the viral and engaging nature of meme-based cryptocurrencies. If you would like to know where to buy Pepe at the current rate, the top cryptocurrency exchanges for trading in Pepe stock are currently Binance, BIKA, BYDFi, OKX, and Bybit. PEPE employs a redistribution system that rewards long-term stakers, offering them incentives to remain committed to the project. This approach encourages coin stability by rewarding users for holding the token rather than selling it quickly.

PEPE is an ERC-20 token on the Ethereum blockchain, with a maximum supply of 420,690,000,000 tokens. The team states on the official website that Pepe Coin is a 100% decentralised and 0% tax meme token, and 100% of its liquidity is burned. The final step is to buy your preferred amount of Pepe coins on Coinbase wallet using ETH. After you add ETH to the Coinbase wallet, you can swap your ETH funds for Pepe coins on the platform. The first step to buy Pepe coins on Coinbase wallet is to download the Coinbase wallet on your smartphone.

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. 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 bitdefender vs mcafee in the field of AI technology, which could have an impact on its price. 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 1: Select a Cryptocurrency Exchange

All examples listed in this article are for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, cybersecurity, or other advice. Nothing contained herein shall constitute a solicitation, recommendation, endorsement, or offer by Crypto.com to invest, buy, or sell any coins, tokens, or other crypto assets. Returns on the buying and selling of crypto assets may be subject to tax, including capital gains tax, in your jurisdiction. Any descriptions of Crypto.com products or features are merely for illustrative purposes and do not constitute an endorsement, invitation, or solicitation. Being one of the best crypto exchange platforms, Coinbase is allowing its users to buy Pepe coins on the platform.

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