Pepe Crypto’s value relies on market demand, lacking tangible backing.
Despite recent growth, it’s a meme coin with high volatility and no real use, unsuitable for all investors.
Caution is advised for those who choose to invest.
Pepe coin is a meme coin that launched in mid-April 2023.
Like most meme coins, it became popular nearly instantly — even more so because it is based on a cartoon character Pepe The Frog, rather than a Shiba Inu that inspired Dogecoin and most other similar cryptos.
In this guide, you will learn where and how to buy Pepe, as well as everything we know and expect from its price.
How To Buy Pepe Coin?
- Step 1: Open an account with a crypto exchange that lists Pepe
Several cryptocurrency exchanges have listed PEPE, which you can find on the list below. All of the mentioned platforms are legitimate and well-established.
- Step 2: Verify your identity
Upon creating your account, you must verify your identity by uploading documents such as your ID.
- Step 3: Deposit funds and buy Pepe
After account approval, deposit funds. Certain platforms enable direct cryptocurrency purchase, bypassing initial fund deposit.
- Step 4: Withdraw your funds to a private wallet
After purchasing PEPE, ensure security by transferring to a private wallet with exclusive private keys. Optimal choice: cold storage like Ledger or Trezor hardware wallets.
Where To Buy Pepe
Pepe, a new crypto, quickly surged in popularity upon launch, landing it on major exchanges within a month.
Currently available on these exchanges:
OKX
First is OKX, founded in 2014, a Hong Kong exchange.
It offers extensive education, numerous cryptos, and vast trading pairs.
Available in 200+ countries except the US, it has no deposit/withdrawal fees, low transaction fees (around 0.1%), and 24/7 support.
User-friendly for beginners, it features multiple payment options, strong security, and an NFT marketplace.
Also, demo trading aids learning before real investments.
Pros
- Low trading fees of 0.10% or less for most trades
- Easy to use
- Supports multiple payment methods
- Offers high-interest staking
- Zero deposit fees
- Large selection of available cryptocurrencies
- 24/7 customer support
Cons
- Low liquidity for some cryptos
- Not available to US users
Also read: Will Amp Crypto Explode?
Bybit
Bybit is a crypto derivatives exchange, offering fair futures trading with leverage (up to 100x).
It’s transparent, efficient, and provides data tools like moving averages.
Users access limit, conditional, and stop-loss orders. No KYC, user-friendly, available on PC and mobile. Insurance fund protects against losses from security issues.
Low fees make it cost-effective.
Pros
- Numerous listed cryptocurrencies
- Supports over 20 fiat currencies
- Available in the US
- Low minimum deposit
- Customer support available 24/7
- No deposit fees
- Offers a demo account
- Transparent trading conditions
Cons
- Self-regulated
- No base currencies are accepted, only Bitcoin
Binance
Binance, the world’s biggest exchange, is great for Pepe purchase.
It offers low fees (0.1% for PEPE trades against BNB, BTC, ETH, or USDT).
Use Bitcoin deposits for lower fees. Binance.US provides access to 60+ cryptos, including large-caps and ERC-20 tokens.
Pros
- You can complete account creation in minutes
- Low fees if you use Bitcoin
- Hundreds of crypto pairs
- Multi-currency wallet
- High liquidity
- Contains educational resources
- Multiple deposit options
Cons
- Not an ideal platform for first-time traders
- It has a history of regulatory issues
KuCoin
KuCoin, a well-established platform, offers low fees.
No monthly fees, minimal withdrawal fees, and no crypto deposit fees.
It lists numerous cryptos and provides advanced trading tools.
PC and mobile trading with high security.
Fast transactions, margin trading, and staking for potential profits and passive income.
Pros:
- Low fees
- Strong user base
- Advanced trading features
- Good customer support service
- Wide range of coins
- Allows you to earn interest on crypto
Cons:
- Not licensed in the US
- Too complex for new traders
- Limited payment methods
What Is Pepe Coin?
Pepe, based on the cartoon character Pepe The Frog, is a new meme coin in the market.
Unlike typical meme coins inspired by dogs, Pepe took a unique direction.
Launched in mid-April 2023, it gained momentum among crypto traders and meme fans.
However, like all cryptocurrencies, it carries risk and is volatile due to low liquidity.
Despite this, Pepe is growing in popularity and has been listed on major exchanges like OKX and Binance.
Its future adoption on other platforms depends on user interest.
Currently, Pepe is mainly used for trading and speculative investing, lacking specific use cases.
This might change if its community votes for modifications.
Ways Of Buying PEPE
If you are interested in buying PEPE tokens, you can do it via several different payment methods. For example:
Buy PEPE with a debit/credit card
Purchase Pepe tokens using debit or credit cards on supported centralized exchanges, including those mentioned earlier.
These exchanges (CEXes) are convenient for buying crypto with fiat, but they need account creation and identity verification.
Buy PEPE with crypto
PEPE is available on both centralized and decentralized exchanges, allowing you to buy it with various cryptocurrencies.
On CEXes, you can use Bitcoin, Tether, Ethereum, and similar cryptos.
For DEXes within Ethereum’s ecosystem, you’ll need to choose from ERC-20 tokens like USDT, ETH, or other paired tokens to purchase PEPE.
Buy PEPE with PayPal
Regrettably, PEPE isn’t available on PayPal, and crypto exchanges still don’t support PayPal as a payment method.
Nevertheless, you can utilize PayPal on P2P platforms by locating a PEPE sell order and arranging payment.
The platform will secure the tokens until both sides confirm the PayPal transaction, then release them to your wallet.
Is PEPE a Good Investment?
Pepe and Pepe 2.0 gained popularity in crypto, but certain project aspects raise investor concerns.
Despite a high market cap of $600 million, launched in April with limited utility, long-term value is uncertain.
Some see this as a missed investment opportunity, favoring newer tokens still in presales.
A recent option is Evil Pepe, a meme coin with a lower market cap of $2 million at its July 18 launch.
Conclusion
Pepe, a fresh cryptocurrency, draws crypto enthusiasts with its meme-inspired concept.
While the name and image of Pepe The Frog were once controversial, they now carry no negativity, evident from the coin’s strong popularity and initial price performance.
Frequently Asked Questions
Where can I get the best deal on PEPE?
Listed exchanges have low fees, various pairs, safety, fast transactions, multiple payment options, and other perks.
All worth considering for PEPE purchase.
Is Pepe token a good investment?
PEPE is a fledgling cryptocurrency, making its future behavior uncertain over weeks, months, or years.
Past meme coin success doesn’t guarantee PEPE’s performance.
All crypto investments carry risk, and those lacking utilities pose more risk. However, there’s no reason to disregard PEPE’s potential success ahead.
Is PayPal a viable option for purchasing Pepe tokens?
PayPal can buy Pepe only via P2P markets. Deal with holders, pay off-platform using PayPal, and receive tokens through the exchange.