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

PEPE’s performance has been impressive, and the crypto coin continues to show promising signs of potential growth. With a sizable number of holders, trade volume, and social media buzz, PEPE loyalists are optimistic that the asset retains significant upside potential for another bull run. Note that all trading pairs, volumes, and fees listed below are as of mid-Oct 2023. ZenGo is a fantastic choice if you want to keep PEPE coin in a software wallet.

Pepe coin is one of the top meme coins and is available to buy on major crypto exchanges, increasing its adoption in the crypto community. Despite having the potential to make profits, investors are stuck on complex platforms, finding it difficult to buy meme coins like Pepe coins. Yes, as of Oct. 2023, Binance has listed multiple PEPE trading pairs including PEPE/USDT, PEPE/TUSD, and PEPE/TRY.

1. The platform’s liquidity ensured our PEPE trades were executed swiftly, a critical aspect of effective trading.
2. This is impressive considering that it took Dogecoin almost four years to achieve the same milestone.
3. The process involved in buying PEPE is similar to buying other cryptocurrencies.
4. KuCoin, mirroring Binance’s 0.1% fee for makers and takers, stood out during our evaluation.

Meanwhile, those who bought at or near the peak will be less pleased as the memecoin has shed substantial value since its exponential growth in May. Historically, memecoins have delivered eye-popping returns overnight, and PEPE was no different. It has slid down the ranks slightly since and, as of October 2023, ranks 104th in terms of market cap. Pepe is a memecoin, devoid of foundational value or tangible utility.

How much does it cost to buy one Pepe?

It even allows other Coinbase wallet users to easily connect and send funds to your account. The key factors that drive a crypto’s price include the adoption of its network, investor user manual sentiment, utility, competition, the overall crypto market, and basic supply and demand. The price could rise further if more people adopt pepe against a limited token supply.

This means you don’t have to worry about protecting and backing up your private keys. 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 mobile app development process could have an impact on its price. 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. As with other meme-led currencies, PEPE lacks robust fundamentals and intrinsic value.

Many feared this rally was living on borrowed time before regressing to the mean. No one knew exactly how long this surge could continue before bears took over. As of Oct. 2023, that seems to be precisely the case as the PEPE price is down, and the initial buzz surrounding the asset has subsided considerably. 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 debut. ZenGo provides committed customer service to help users with problems or inquiries they might have.

Buy Pepe coin on Coinbase Using ETH

Buying PEPE on Binance was marked by the platform’s exceptional liquidity, which is a significant advantage for executing trades quickly and efficiently. The diverse range of trading tools available on Binance allowed us to adopt various strategies for PEPE, from spot trading to more advanced options. OKX is a top choice for buying PEPE, due to the fact that it uses a tiered fee mechanism. The lowest tier of users will pay a 0.14% maker and a 0.23% taker fee, which is still relatively low.

Step 6: Trade Execution

These security features ensure that your crypto assets remain safe from online threats such as hacking and phishing attacks. 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. Being cryptocurrency regulation news 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.

These platforms offer a secure and convenient way to access cryptocurrency and start building your digital currency portfolio. 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. If you go ahead, your best bet is to use a popular exchange like Binance or KuCoin. Both offer straightforward signup processes and abundant liquidity, making buying or selling PEPE tokens easy. But as flagship cryptocurrencies began rallying, fresh capital once again flowed into the crypto sphere.

This will display the PEPE wallet address to copy for withdrawals. 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.

Memecoins like PEPE were viewed as high-upside plays in this environment. By early 2023, the resurgence of bitcoin and ethereum signaled renewed enthusiasm in crypto overall. With each transaction, a fraction of the tokens are eliminated, fostering scarcity and potentially enhancing the value of the remaining tokens over time.

The fee structure is competitive, with both maker and taker fees set at 0.1%. Our testing particularly highlighted the intuitive nature of Binance’s interface, which significantly streamlined the trading process, making it efficient and user-friendly. 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.

With its unrivaled trading volume and liquidity, Binance stands out as one of the best platforms around to buy and trade pepe. PEPE trading volume (24h) on the exchange currently hovers around $9 million. Binance features trading pairs such as PEPE/USDT, PEPE/TUSD, and PEPE/TRY, with an impressive trading volume exceeding $9M over 24 hours.

Buying PEPE 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 Binane, Kraken, KuCoin, and OKX, among many others. For users prioritizing privacy, UniSwap facilitates PEPE swaps without an intermediary through its DEX platform. KuCoin, mirroring Binance’s 0.1% fee for makers and takers, stood out during our evaluation. The platform offered a smooth experience for PEPE trades but also impressed us with their extensive selection of altcoins. Uniswap, with their trading pairs like PEPE/WETH, PEPE/LOVE, and PEPE/USDC, and a trading volume of over $2M in 24 hours, offers a unique experience.

OKX is a popular cryptocurrency exchange that offers a wide range of trading pairs, including PEPE/USDT. It provides a comprehensive trading environment for PEPE, with a broad spectrum of trading options available. The platform’s liquidity ensured our PEPE trades were executed swiftly, a critical aspect of effective trading. We also liked OKX’s balance of advanced features with an accessible user interface, which catered well to our expectations. KuCoin is a popular cryptocurrency exchange that offers a wide range of trading pairs, including PEPE/USDT. The platform offered a smooth experience for our PEPE trades, with its wide selection of altcoins and user-friendly interface standing out.

Using the exchange’s trading interface, enter the amount you want to purchase and the bid price. Upon completing the trade, the PEPE will enter your exchange wallet. Once registered, deposit money into your account via bank transfer for fiat currency or by sending crypto from your existing crypto wallet. Follow the exchange’s procedures for linking your bank or transferring cryptocurrency.