Where to Buy Pepe Coin: 2023 Step-by-Step Beginner’s Guide
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Meme coins are becoming popular for making a lot of money, and Pepe Coin is one of the new stars. It’s known for changing a lot in value and potentially giving big rewards. Since April 2023, it has gone up by more than 2,645%, and now it’s the third biggest meme coin around.
Even though it looks fun, like the internet’s Pepe the Frog meme, lots of serious investors – about 130,000 – are interested in Pepe Coin. This year, Pepe Coin (PEPE) is standing out among meme cryptocurrencies. It started in April, and in just two weeks, it became worth more than $1 billion.
This guide will help you figure out where to buy Pepe coin and how to buy this popular meme coin. We’ll also look at how much Pepe Coin has cost in the past and talk about if it’s a good idea to invest in it.
What is Pepe Coin?
Pepe Coin is a meme coin that uses Ethereum’s blockchain and has become quite popular since it started in April 2023. It’s now ranked among the top 70 cryptocurrencies on CoinMarketCap. Pepe gets its name from the Pepe the Frog meme. But even though it’s connected to that meme, it’s important to know that the coin isn’t officially connected to the person who made the meme, Matt Furie.
Pepe’s official website jokes around, saying that Pepe is just for laughs and doesn’t really have any value for investing. Even though the website says that around 130,000 people have still decided to invest in this meme coin. It’s also available on big exchanges like Binance, Uniswap, Bybit, and Gemini.
Brief History of Pepe Coin
Unlike many new meme tokens, Pepe didn’t have an ICO. It went straight to exchanges on April 17, 2023, at a start price of about $0.000000001 per token. This popular crypto has around 420.69 trillion tokens. Its price shot up quickly, reaching a record high of $0.00000431 on May 5, 2023. That’s a huge increase of over 430,000% since it began.
But then, its price went down a bit. By May 12, it was trading around $0.00000126. Over the next months, Pepe mostly stayed around the same price. However, in late June, the price went up again. From $0.00000095 on June 20, it’s now at $0.00000150. In just a month, it went up by more than 65.5%.
With a value of over $630 million, Pepe Coin is the 70th biggest cryptocurrency in the world.
Image Source: https://www.binance.com/en/price/pepe
Where to Buy Pepe Coin?
You can buy Pepe Coin on various crypto exchanges like KuCoin, Binance, CoinEx, Kraken, OKX, Bybit, gate.io, and MEXC.
When picking an exchange, make sure it’s available in your country. Some are better for holding, while others suit active traders. Check if the exchange has the features you need, like spot, margin, and futures trading.
- KuCoin is great for altcoins, offering margin, futures, NFTs, lending, and staking. Low fees of 0.1%, and you can use USDT to trade Pepe Coin. They also take credit card payments.
- Binance is huge, with margin, futures, NFTs, and a debit card. Fees are competitive (0.1%), but it’s not for US customers.
- CoinEx lets you buy crypto privately, without long verifications.
- Kraken is secure but has slightly higher fees, better for holding than day trading.
- OKX is for crypto futures trading.
- Bybit is popular among yield users.
- gate.io is for trading and serves many customers worldwide.
- MEXC is user-friendly, charging 0% for spot and futures maker fees.
5 Easy Steps to Buy Pepe Coin Using OKX
After reading our Pepe Coin guide, you can decide if you want to invest in this new meme cryptocurrency. If you’re ready to buy Pepe now, follow these steps:
Step 1: Choose a Cryptocurrency Exchange
Pick a cryptocurrency exchange where you want to buy Pepe. You can use exchanges like Binance, OKX, Huobi Global, or KuCoin. This guide will show you how to use OKX.
Step 2: Make an Account
Visit the OKX exchange website and click ‘Sign Up.’ Enter your email, name, and details. You don’t need to do a complex verification process right now. Verify your account by clicking the link in your email.
Img source: https://www.okx.com/join/1801002
Step 3: Get USDT
On OKX, you can buy Tether (USDT) using various methods like VISA or MasterCard. You’ll need USDT to trade for Pepe.
Image Source: https://www.okx.com/join/1801002
Step 4: Find Pepe Coin
Once your account is ready, you’ll see a list of cryptocurrencies. Look for ‘Pepe’ under meme tokens and click on it. You’ll go to the token’s trading chart.
Step 5: Purchase Pepe
On the trading chart, you’ll see the current price. Enter the number of Pepe tokens you want to buy with your USDT. Click ‘Buy Pepe’ to confirm the trade.
Img Source: https://www.okx.com/join/1801002
How to Sell Pepe Coin?
Selling Pepe Coin is quite similar to buying it. You’ll decide between a limit or market order, as explained earlier. Also, choose the trading pair you want to use. Remember, selling might have fees like transaction or exchange fees. Check the exchange’s fee details before selling.
After selling, you can either take out money (if you used a crypto-to-fiat pair) or move crypto to another wallet (if you used crypto-to-crypto). Transferring between exchanges is easy. If you’re switching between Binance and KuCoin, or any other exchanges, it’s a straightforward process.
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Is Pepe a Good Investment?
As Pepe Coin’s value has risen since its 2023 launch, should investors consider buying more Pepe? Read on to find out if investing in Pepe Coin is a good idea right now.
Currently, Pepe is trading around $0.0000015. Even though it’s gone up over 60% in the last month, it’s still over 65% below its highest price. Remember, meme tokens can be very risky in the crypto world.
After big price jumps, a drop like this is common. This might suggest another price increase could happen later. Also, the recent price rise could mean Pepe Coin is picking up after a few months of staying steady. Since the price is quite low, those willing to take higher risks might want to add Pepe to their investments.
Before investing in meme tokens, it’s important to research on your own and understand the risks involved.
Conclusion
This guide has explained where to buy pepe coin, how to buy Pepe coin, a new meme cryptocurrency. Even though it started in April 2023, Pepe quickly reached a market cap of $1 billion. There are over 420 trillion Pepe tokens, and they don’t have transaction taxes. Right now, the token’s price is around $0.0000015. This makes Pepe Coin stand out as a promising crypto in 2023.
In the world of meme coins, Pepe has found its place. It can give you big profits thanks to social media hype. But remember, investing in Pepe comes with normal crypto risks – prices can change a lot, and people might buy based on speculation. The Pepe Coin community is working on making the token more useful, which could make its future brighter.
To invest smartly, know how much risk you’re comfortable with and keep up with market changes. With thousands of cryptos out there, staying ahead means knowing about new ones with high potential.
FAQs
Should I buy, sell or hold Pepe Coin?
Deciding on buying, selling, or holding Pepe depends on your investment plan. But, looking at fundamental and technical analysis can give you a better idea of what to do.
What’s the total supply of Pepe Coin?
Pepe Coin has 69.420 trillion tokens. But, some tokens get burned in transactions, so the supply goes down over time.
Can Pepe Coin get to $0.01?
For Pepe Coin to reach $0.01, it has to go up by more than 666,000%. This is a big increase and might not happen soon.
