The first step to buy Pepe coins on Coinbase wallet is to download the Coinbase wallet on your smartphone. Coinbase wallet is a self-custody wallet and you can install its mobile application or add its browser extension. You can buy PEPE coins on reputable exchanges such as Gemini, Crypto.com, Kraken and how does cash app work and is it safe OKX. These platforms offer a secure and convenient way to buy crypto and start building your digital currency portfolio. Depending on the cryptocurrency exchange, you’ll be able to deposit fiat currency (USD, EUR) or cryptocurrencies like BTC or ETH directly into your account.
How to Buy Pepe Coin Using Coinbase Wallet?
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. The Pepe coin is named after Pepe the Frog, an internet meme character created by Matt Furie in his cartoon Boy’s Club. It was first developed as a digital currency on the Ethereum blockchain and gained popularity for its unique branding and community-driven development. The Pepe Coin capitalized on the popularity of the Pepe the Frog meme by establishing a connection with crypto enthusiasts through its name and logo. The most popular options for transferring funds to a crypto exchange account are wire transfers and ACH transfers.
- However, Pepe coin is only available on Coinbase Wallet, one of the top hot crypto wallets, for you to buy.
- After you add ETH to the Coinbase wallet, you can swap your ETH funds for Pepe coins on the platform.
- This aims to maintain scarcity despite the coin’s 420,690,000,000,000 maximum supply.
- When buying Pepe coin on exchanges besides those listed here, you should take precautionary measures to ensure that the wallets are secure and you can withdraw your coins when you need them.
How to Buy Pepe (PEPE) in 5 Steps
Additionally, PEPE features a burning mechanism whereby a portion of the coins are permanently removed from circulation on a regular basis. This aims to maintain scarcity despite the coin’s 420,690,000,000,000 maximum supply. And of course, such an event was met with enthusiasm—and memes—all over Crypto Twitter.
Pepe to USD Chart
This means you don’t have to worry about protecting and backing up your private keys. The Relative Strength Index (RSI) is currently at 51, suggesting a balanced market with neither bears nor bulls dominating (more accurately, 51% buyers and 49% sellers). The Average Directional Index (ADX) at 20 is also weak, showing that the power of the bearish correction is starting to diminish. The EMA10 (the average price of the last 10 days) is also on target to surpass the EMA55 mark. This event, known as a golden cross, is usually a confirmation of a bullish phase in which prices tend to go up faster with time. If you are confused and wondering about how to proceed to buy Pepe coins on Coinbase, look no further.
Coinbase also announced perpetual futures around Dogwifhat (WIF), a leading Solana meme coin, with trading set to begin on April 25. 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 what is spot trading in crypto swap your ETH funds for Pepe coins on the platform. Investing in PEPE right now looks appealing considering how well the coin has performed recently.
Launched in April 2023, Pepe Coin was created as a part of the broader wave of meme coins that gained traction following the success of best forex white label solutions to consider 2023 Dogecoin and Shiba Inu. Initially, it gained significant traction among meme enthusiasts and crypto investors alike, leading to a sharp price surge that captured widespread attention in the crypto community. However, like many meme-based cryptocurrencies, Pepe Coin experienced considerable fluctuations, reflecting the speculative nature of the market.
While it achieved moments of rapid growth, driven by social media trends and hype, it has also faced sharp declines, prompting discussions about its long-term viability. 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.
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. Consider factors like reputation, security and number of trading pairs when considering where to buy PEPE coin. In addition to the Coinbase announcement, PEPE’s technical indicators suggest a positive trend. The price surge comes after Coinbase International, the global branch of the largest U.S. crypto exchange, announced the listing of PEPE perpetual contracts. This move is significant as it adds liquidity and increases the asset’s exposure.