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The name “Binance” might be at the top of your mind when looking for exchanges that support PEPE. It’s one 5 reasons why we don’t host bitcoin mining 2020 of the most popular crypto trading platforms out there, known for its relatively low trading fees, curated (yet expansive) list of supported assets, and user-friendliness. On the other hand, meme coins are often highly speculative and lack any real-world utility or value. They can be heavily influenced by social media trends and market sentiment, which can be fleeting and unpredictable.
What does Pepe Coin do?
Created as a decentralised token on the Binance how to buy people Smart Chain, Pepe Coin aims to infuse the digital asset world with the irreverent spirit of its namesake. Lastly, all $PEPU token holders can earn a profit by staking their tokens as soon as they buy them for an APY of over 68%. The platform will give out staking rewards for another two years, giving investors another option to earn a profit without risking their tokens.
- Make sure to do thorough research and exercise caution when investing in any type of cryptocurrency.
- So, let’s see why PEPE holders are now moving to the new $PEPU token, and why it could become the highest gaining meme coin we saw in years.
- Use the insights and steps outlined in this guide to start your Pepe Coin journey on the platform that best suits your needs.
- To help you choose, we’ve analysed 16 cryptocurrency trading platforms in Australia on things like fees and payment methods.
- In addition, the price of Pepe Coin is currently below the 50-day SMA, which is a bearish indicator.
SEC Filing Shows Goldman Sachs Holds Over $700 Million In Spot BTC ETFs
As a rule of thumb, most crypto exchanges support both crypto-to-crypto (e.g., PEPE/BTC) and crypto-to-fiat (e.g., PEPE/USD) trading pairs. The process of buying Pepe Coin is very similar between various crypto exchanges, so you can follow the steps outlined below whether you’re using KuCoin or virtually any other crypto exchange. The project also maintains a multi-signature wallet that holds a significant amount of Pepe Coin, creating a systemic risk to the coin’s price if those tokens were to be released onto the open market. If this wallet were to be hacked or the founders decided to sell off these holdings, the massive increase in supply would likely flood the market and tank the price. While, to many investors, this may sound like a huge red flag, this is how many memecoins operate. Unlike stocks and other cryptocurrencies like Bitcoin and Ethereum, most memecoins do not have fundamental value, meaning their valuation is almost purely derived from speculation and attention.
Pepe Unchained presale contributors are drawn by the prospect of bagging an investment with the prospect of turning a $1,000 outlay into $700,000. The exact details of how Pepe’s Pump Pad will work have not been disclosed, but sources in touch with insiders say it will have similar dynamics and is almost ready for prime time. Although Pump Pad will be similar to pump.fun, it will be better – even easier to use and even more rewarding. Investors are salivating over the prospect of a Pepe with its own blockchain. News that the ecosystem is set to include a pump.fun competitor, Pepe’s Pump Pad, on the bigger Ethereum chain as opposed to Solana, has lit a FOMO fire. Once you’ve bought some PEPE, think about what your short- and long-term goals are.
Purchase your Pepe, select a buy order type
They also enable you to buy other cryptocurrencies if you want to expand your portfolio beyond PEPE. They specialise in buying and selling cryptocurrencies and sometimes offer additional services dedicated to cryptocurrency. There are also a number of additional risks and considerations when using a credit card. Read our dedicated guide on buying crypto with a credit card if you’d like to know more. An increasing number of Australian cryptocurrency platforms now support buying Pepe with a debit card.
These allow pump.fun users to launch meme coins with an advance of just 0.02 SOL (at the time of writing around $4). If a newly minted token sees sales ramp up then the price will of course rise – the coin lists on Raydium if it commands sufficient liquidity, in the case of pump.fun a market capitalization of $69,000. If you’re looking to buy PEPE on crypto exchanges or wallets, several major platforms offer convenient options.
You can also transfer cryptocurrency between exchanges, which can be beneficial if you are looking for additional features or a more competitive fee structure. The process of transferring crypto between Binance and Kucoin, or any how to buy stock in google other combination of exchanges is very straightforward. With crypto alerts, you can set price alerts that will automatically notify you when Pepe Coin or any other asset reaches predetermined price limits.
Step 5: Place an Order to Buy Pepe Coin
To avoid confusion, verifying the authenticity of any Pepe-branded meme coin before investing is essential. The most popular options for transferring funds to a crypto exchange account are wire transfers and ACH transfers. 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.
Assets held on an exchange are at risk of hacks, phishing attacks and potential mismanagement by the exchange operators. The most common type of websites to buy Pepe from are called cryptocurrency exchanges. You can read our dedicated methodology page for more detail on how we analyse crypto trading platforms in Australia. Ledger is one of the most secure cryoto hardware wallets for storing cryptocurrencies.
