How to Buy Pepe Coin on Coinbase? Step-by-Step Guide
Next, provide your password information and click “Continue” to proceed. 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. Pepe Coin ($PEPE), also known as Pepecoin, is a new and well-known meme token that operates on the Ethereum blockchain. This article will guide you through the process of buying Pepe Coin in a simple and straightforward way.
Begin by navigating to the top menu and selecting “Buy Crypto.” Ensure you are in the “Buy” section (not “Sell”), then pick the fiat currency you deposited (in this case, EUR), and select USDT. Upon successful uploading of the document photos, the system will prompt you to provide a selfie. You can upload an existing photo from your computer for this step. Following this, you’ll need to complete the face verification process. 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. Once your account is successfully activated, you can log in to Binance using your registered email address and the password you created during the registration process.
What Is Pepe Coin (PEPE)?
However, if you already possess a Binance account, you can proceed directly to step 3. After setting up your Coinbase wallet, the next step is to add ETH coins to your wallet. Buy Ethereum on the Coinbase exchange platform and transfer it to your Coinbase wallet. ETH is essential to buy Pepe coins as well as to pay gas fees, the network transaction fees while purchasing. So, you must keep some extra ETH aside to cover gas fees, as it determines how fast the transaction gets executed.
Pepecoin’s Bewildering Rise Turned a Pittance Into an Almost 5,000,000% Meme Coin Profit
You may obtain access to such products and services on the Crypto.com App. 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.
- To locate the PEPE/USDT trading pair, use the search feature in the Binance platform.
- You can upload an existing photo from your computer for this step.
- After setting up and downloading your MetaMask wallet, log in to Binance to buy Ethereum.
- The process involved in buying PEPE is similar to buying other cryptocurrencies.
- PEPE employs a redistribution system that rewards long-term stakers, offering them incentives to remain committed to the project.
Being one of the best crypto exchange platforms, Coinbase is allowing its users to buy Pepe coins on the platform. 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. Built on the Ethereum blockchain, the project seeks to leverage the success of meme coins, such as Shiba Inu and Dogecoin, and aims to become a leading meme-based cryptocurrency.
What Is Pepe Coin and How to Buy PEPE
ZenGo offers added security measures like threshold cryptography and biometric identification, as well as a user-friendly interface for managing crypto assets. The app also provides round-the-clock customer support for assistance with any issues or inquiries users may have. 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. The most popular options for transferring funds to a crypto exchange account are wire transfers and ACH transfers.
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. Investing in PEPE right now looks appealing considering how well the coin has performed recently.
PEPE aims to attract the crypto community by implementing a no-tax policy, a redistribution system that benefits long-term stakers, and a burning mechanism to preserve the scarcity of PEPE coin. 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.
To buy Ethereum, navigate to the “Buy Crypto.” Ensure you’re on the “Buy” menu, specify the quantity you wish to buy, and complete the transaction. Go to the official MetaMask website, where you’ll spot a “Download” button on the homepage. Click it, and you’ll be taken to the Chrome Web Store’s Download section. After confirming the entered information, proceed with the transaction. With all the verification steps completed, all that remains is to wait patiently. Binance will review your submitted information, and once your application is approved, you will receive an email notification.
Much like the meme it’s based on, PEPE’s journey reflects the ever-evolving landscape of cryptocurrencies, where innovation and pop culture collide in unexpected ways. 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. To transfer the Ethereum you bought on Binance to your MetaMask wallet, go to your Binance wallet section and initiate a withdrawal.
It’s a great example of how cryptocurrency communities can unite around a shared culture rather than focusing on the economics of an asset. The trader is benefitting from the breakneck rally of a coin based on the “pepe the frog” meme, a popular symbol in crypto circles. The Pepe coin is named after Pepe the Frog, an internet meme character created by Matt Furie in his cartoon Boy’s Club.
Experts speculate that the upcoming Bitcoin halving in April 2024 will lift the crypto market as a whole — a phenomenon seen after past how do you calculate a payback period 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. The success of meme coins like WIF and Pepe can be attributed to the viral and engaging nature of meme-based cryptocurrencies.
