The key to crypto investing is to start with the basics, said Ben Weiss, CEO of CoinFlip, a crypto kiosk provider. Bitcoin, for example, has about 20 million in circulation, with a maximum supply limit of 21 million. The most important thing to consider is that your wallet could be hacked if you aren’t careful. Make sure to keep your secret phrase safe, don’t connect your wallet to random links, and consider moving your Pepe to a hardware wallet. To cash out $PEPE all you need to do is swap it back to your cryptocurrency of choice, the same way you swap ETH to $PEPE.
- Users can find PEPE sellers accepting various payment methods from bank transfers to digital payment apps.
- Most exchanges require you to provide an email address, and password.
- It is also a good idea to read up on the latest crypto news to make an informed investment decision.
Why we choose it
So, it’s vital to choose one that’s available in your region so you can have access to effective customer support and trade in local fiat options. Since launching 12 years ago, Bankless Times has brought unbiased news and leading comparison in the crypto & financial markets. However, there is a collection of Rare Pepe NFTs, comprising 36 series with 50 Pepe images each, exhibiting varying levels of rarity and supply. The first Rare Pepes were mined on the Bitcoin blockchain in September 2016 and released on Counterparty. The first phase has already been accomplished, with the coin stealth-dropped, creating a buzz on social media platforms, and listing on significant exchanges.
- After successfully depositing fiat into your Binance account, the next step is to buy USDT for your upcoming PEPE purchase.
- By now, the project is well into Phase-2 and launched a marketing campaign, getting listed on VoltiChange.
- We saw how Binance’s interest in integrating this token into its platform made its value soar significantly.
Step 3: Deposit Funds
The Pepe Coin, inspired by the famous “Pepe the Frog” meme, has quickly become a sensation in the crypto world. If you’re curious about how to buy Pepe Coins, it’s important to understand why this meme-based cryptocurrency has gained such a strong following. Its value is driven by an enthusiastic community, making it an intriguing and unpredictable investment. Some, protocols or exchanges may build services around these tokens; however, they typically have no built-in fuctionality.
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The remaining 6.9% is held in a multi-sig wallet, for future CEX listings, bridges and liquidity pools. It has induced what some may dub a “memecoin season,” causing other memecoins — some launched within hours — to go on spectacular pumps and just as astounding dumps. PEPE is an ERC-20 token on the Ethereum blockchain, with a maximum supply of 420,690,000,000 tokens. The team states on the official website that Pepe Coin is a 100% decentralised and 0% tax meme token, and 100% of its liquidity is burned.
Step-by-step guide for Gate
Please exercise extreme caution when moving funds from Binance to an external wallet, as using the wrong address can result in permanent fund loss. Click “withdraw,” and your transferred Ethereum will appear in your MetaMask wallet. You can make life simpler by pinning the MetaMask extension close to your browser’s search bar. To access your MetaMask wallet, simply click on the little Foxface icon in the upper right corner. Once your Binance account is successfully verified, the next step is to fund it for buying Pepe Coin. Upon successful uploading of the document photos, the system will prompt you to provide a selfie.
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Additionally, limit orders may take longer to execute than market orders, as the order will only be executed at the specified price or better. In some cases, limit orders can lead to missed investment opportunities, especially if the limit is poorly defined by the investor. Presently, Pepe Coin is changing hands below the 200-day simple moving average (SMA) which is considered a bearish signal. In addition, the price of Pepe Coin is currently above the 50-day SMA, which is a bearish indicator. Meanwhile, the Fear & Greed Index, a popular measure of market sentiment, is 66 (Greed). All in all, 24 technical analysis indicators signal bullish activity, and 2 signal bearish activity.
However, you may need to use slippage during times of market volatility. PEPE has zero taxes so you don’t need to worry about buying with a specific slippage. Here are the two options for getting ETH into your MetaMask wallet. Never store your wallet’s private key online such as in a cloud or any files on your phone or computer. An ERC-20 token is a cex io exchange review 2021 standard for creating and issuing smart contracts on the Ethereum blockchain.
You can’t actually buy PEPE via the Coinbase exchange itself, as the token is not tradeable there. But with the Coinbase wallet, which opens access to decentralized exchanges (DEXs), you can the importance of a bitcoin wallet buy PEPE via token swapping. Alternatively, if you want to purchase based on certain market conditions, opt for a Conditional Order.
How many Pepe Coins are there?
This allows speculation on PEPE’s price movements without owning the underlying tokens, ideal for both bullish and bearish market conditions. LeveX provides the most comprehensive PEPE trading experience with both spot and futures markets designed for serious cryptocurrency traders. If you’re a seasoned professional and want to invest heavily in crypto, choose advanced KYC and if you’re a newbie and want to get started with trading, choose primary KYC. After clicking on it you will need to select the currency you want to pay with.
This information can be found by clicking on the exchange name in the table which will take you to its review page. The whole process can take as little as 15 minutes and all you’ll need is a smartphone or computer, an internet connection, photo identification and a means of payment. To transfer ETH to MetaMask you have to use your wallet’s public address — a unique identifier on the Ethereum network. Note that you will still have to set up an account on whichever third-party exchange you use to buy ETH before completing the transaction. One way to avoid the next step (transferring ETH to your wallet from an exchange) is to buy it directly through MetaMask.
All were selected for their esteemed reputations and notable PEPE trading pairs and fee structures, among other significant aspects. It’s a chance for meme coin exposure but requires careful security, platform choice, and risk management. Pepe Coin is an ERC-20 token on the Ethereum blockchain, launched in early 2023. It’s a meme coin, meaning its value comes from community love, social media buzz, and cultural impact. DEX trading requires connecting a Web3 wallet and having ETH for gas fees.
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Depending on your trading goal or strategy, this would be PEPE/USDT, PEPE/BTC, PEPE/ETH or whichever pairing the exchange offers. The PEPE token has gained significant attention among investors in the cryptocurrency market. Its status as cryptocurrency cfd trading a meme and the support from an active crypto community contribute to its popularity. As a result, investing in this token is perceived as a promising opportunity for substantial returns. However, the reality paints a different picture, as over a hundred thousand investors have invested in $PEPE.
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. 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. Compared to more well-known cryptocurrencies like Bitcoin and Ethereum, the PEPE coin is not widely supported. However, crypto wallets like MetaMask and Ledger support PEPE coin. The process involved in buying PEPE is similar to buying other cryptocurrencies.