Pepe coin has gained popularity as a top cryptocurrency, but buying it can be confusing for some.
If you’re unsure how to buy Pepe coin using a credit card, don’t stress! In this guide, I’ll take you through the process step-by-step, so you can buy it with confidence and ease.
Contents
How to Buy Pepe Coin ($PEPE) Using A Credit Card
1. Create an account on a centralized exchange
To buy Pepe coin using your credit card, you need to create an account on a centralized exchange. If you are in the U.S., I suggest using Gemini since they have the easiest platform to use.
Depending on where you live, you may have to provide personal information such as your name, email address, phone number, and a valid photo ID. Additionally, you may need to complete the KYC process.
If you live in other countries, you can buy $PEPE on the following exchanges as well:
- OKX
- Huobi
- Binance
- KuCoin
- Bingx Japan
- MexC
- BitGet
- ByBit
2. Add a payment method
After your account is approved, you must add a payment method. To use your credit card to buy $PEPE coin, you need to link either your bank card or bank account to your exchange account.
3. Buy Pepe Coin
After adding a payment method, you can buy Pepe coin by placing an order using your local currency at the current market price.
Depending on the exchange you use, you may choose between placing a market order (transaction executed immediately) or a limit order (transaction only executed if the price reaches the specific level you set).
4. Store your Pepe Coin safely
After purchasing your Pepe coin, it will be stored in your exchange account.
However, keep in mind that if your crypto is stored on a centralized exchange, you don’t technically own it.
Although you can trade it for another cryptocurrency or cash it out for money (if it’s available), your crypto may not be readily available if something happens to the exchange, such as if it’s hacked or is shut down.
The best course of action is to transfer your $PEPE to a hardware wallet. If you can’t use a hardware wallet, the minimum you should do is transfer it to a self-custodial software wallet like MetaMask.
It’s crucial to understand the differences between hardware and software wallets before making your decision.
Remember, where you store your Pepe coin is crucial to ensuring its safety.
Likewise, you can just as easily buy Pepe coin using MetaMask.
Tips to Buy Pepe Coin Safely
Be aware of scams
There are plenty of wannabe Pepe coins derivatives and blatant scams on the market.
These scams include fake Pepe coins, malicious air drops, and unrelated rug pull tokens.
Remember, there is only one $PEPE.
There are no official cryptocurrencies, NFTs, or represenatives associated with Pepe coin.
Don’t click on any random links or give out any personal information to ANYONE.
Store you $PEPE securely
You can avoid all the scams in the world. But, if you don’t store your $PEPE safely, then you are still at risk of losing your coins.
As I mentioned before, you should really consider moving your crypto to a self-custody wallet.
With a self-custody wallet, you remain in full control and have complete ownership of your cryptocurrencies.
Leaving it in an exchange puts you at risk of losing access to your funds if something were to happen to the exchange.
Don’t buy more crypto than you can afford to lose
It’s easy to get caught up in all the hype of cryptocurrencies. Especially one as great as PEPE.
However, under no circumstance should you ever spend more money than you are willing to lose.
The crypto market is extremely volatile. The value of your coins will go up and down. That’s just part of the game.
Do yourself a favor and don’t over-invest. Trust me.
You’ll feel better holding a fat bag of $PEPE when you’re not worried about it going down in value.
Frequently Asked Questions
What network is Pepe coin on?
Pepe coin ($PEPE) is an ERC-20 token created on the Ethereum blockchain. It has a total circulating supply of 420 trillion tokens and its contract is renounced.
Can I buy Pepe coin on Coinbase?
Pepe coin is not yet available on Coinbase. However, with major exchanges like Binance and Gemini listing the coin, it’s likely Coinbase will have no other option but to list $PEPE as well.
Where is Pepe coin listed?
Currently, Pepe coin is available on numerous centralized exchanges including Gemini, Binance, OKX, KuCoin, Huobi, BitGet, ByBit, MexC, and BingX Japan. It’s also on decentralized exchanges like Uniswap.
Why is Pepe coin so popular?
PEPE coin’s popularity is attributed to its memetic power, deep association with internet culture, and its involvement in the crypto space. Since its launch, it has been trending on Twitter with over 1 million daily tweets, has held 24/7 Twitter spaces, and maintains a thriving community of creators.
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