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 — Quick Steps
- 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 verifying and approving your account, the next step will be to deposit funds. Note that some platforms allow you to purchase cryptocurrencies directly without the need to deposit funds first.
- Step 4: Withdraw your funds to a private wallet
The last step after buying your PEPE is to secure it by withdrawing it from the exchange’s wallet to a private one, where only you hold the private keys. The best option would be to use cold storage, meaning a hardware wallet, such as Ledger or Trezor.
Where to buy Pepe?
Pepe is a young cryptocurrency, but it has gained popularity as soon as it launched. This led to its listing on some of the biggest and most popular exchanges within a month from it going live. Today, you can purchase it on the following exchanges.
1. OKX
The first on the list is OKX — a Hong Kong-based crypto exchange founded in 2014. The platform has a lot to offer, including plenty of educational materials, hundreds of listed cryptos, and even more trading pairs. OKX is available in over 200 countries, but unfortunately, the US is not one of them.
On the positive side, it features no deposit or withdrawal fees, while transaction fees are vary low, usually only 0.1% on most trades.
OKX also has very good customer support that is available 24/7. However, it is generally easy to use, which means that it is a good option for beginners.
It allows multiple payment options, robust security measures, and it has a dedicated platform that acts as an NFT marketplace for users who wish to purchase collectibles.
Finally, the platform also provides demo trading, where traders can practice and learn the ways of the crypto market before they start risking real money.
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
- Low liquidity for some cryptos
- Not available to US users
Your capital is at risk
2. Bybit
Bybit operates as a crypto derivatives exchange, offering a fair trading environment for trading futures with leverage. There are multiple perpetual contracts, and it is known as a fair, transparent, and efficient platform.
Its users have access to various data analysis tools, which lets them access valuable data, like moving averages, monthly price range, moving average indicators, and more. The platform also permits limit orders, conditional limit orders, stop-loss orders, etc.
Leveraged trading goes up to 100x, offering rather sizable positions to experienced traders. It doesn’t require KYC and is user-friendly, so it is easy to start trading. Traders can trade via PC or mobile apps, and in the case of any unexpected losses, the platform has insurance fund, which guarantees to mitigate any damages suffered due to potential security breaches and alike.
It is worth noting that Bybit features some of the lowest fees among exchanges, making it a cost-effective solution.
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
- Self-regulated
- No base currencies are accepted, only Bitcoin
Your capital is at risk
3. Binance
Another excellent choice for buying Pepe is Binance — the world’s largest exchange by trading volume. The platform is commonly known for having very low transaction costs, making it a very economical option. The exchange sees more than 100 million dealers because of this.
Also, if you exchange PEPE for a supported digital currency such as its native BNB, Bitcoin, Ethereum, or USDT — Binance will only charge a 0.1% fee.
However, if you wish to benefit from the low fee structure, you will need to deposit payments in Bitcoin. Depositing cash via your credit or debit card comes with a 4.5% cost, and buying PEPE via USD will come with an additional 0.5% fee.
If you use Binance.US, you will have access to more than 60 other cryptocurrencies, including large-cap assets and some of the less liquid 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
- Not an ideal platform for first-time traders
- It has a history of regulatory issues
Your capital is at risk
4. KuCoin
Finally, we have KuCoin, which is a well-established crypto platform that has a lot to offer to its investors. Its fees are low, not unlike others on this list.
You don’t pay any monthly account fees, withdrawal fees are similar to other platforms, and deposit fees are $0 for crypto. However, if you deposit fiat currencies, you will have to pay a deposit fee.
The platform is known for listing hundreds of cryptocurrencies, and it has advanced trading tools, including technical analysis indicators, charting tools, and like.
You can trade on your PC or via a mobile app, and regardless of the method, the platform features high security.
Transactions are also fast, and, in addition, the platform features margin trading and even staking, which opens up opportunities for potential high 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 is one of the latest additions to the meme coin market, based on the popular cartoon character Pepe The Frog.
Like all meme coins, it took inspiration from Dogecoin (DOGE), although it took things in a new direction by not using a dog meme as its inspiration. This allowed it to stand out from other meme coins like Dogecoin itself, Shiba Inu, Floki Inu, Baby Doge Coin, and more.
The token officially launched in mid-April 2023, and since then, it has managed to generate quite a substantial momentum. As a meme coin, it was created for a niche audience, but it managed to gain popularity among crypto traders and meme enthusiasts.
Of course, like all cryptos, it still comes with a certain degree of risk. Also, as a meme coin, it may not be suitable for all investors, especially now, while it is still in its infancy. It is volatile, and like the newer meme coins such as Wojak, it has low liquidity, although.
Despite this, the token is growing in popularity and adoption in the crypto industry. It has also been listed on some large exchanges, such as OKX, Binance, KuCoin, Uniswap, Kraken, Bithumb, Gemini, Bittrex, and many other markets.
Likely, other platforms did not wait long before they added it to their list of supported cryptocurrencies, making pepe almost universally available..
Like most meme coins, Pepe doesn’t have any particular use cases at this time. It can be used in trading and speculative investing, but for now, that is all that holders can do with it. Of course, this could change moving forward, if its community votes to change it.
PEPE Price
PEPE is not a young cryptocurrency anymore – especially for a memecoin. Now that it has been a few months since it has been out, its price has shown a lot of volatility for us to judge how it performs.
The token launched with the price of $0.0000000578 on April 17th. Its value started increasing almost immediately, leading to $0.0000003878 by April 20th, also its first major resistance.
Upon reaching this level, the PEPE price was rejected slightly, dropping to $0.0000001907 by April 21st. It spent the next week fluctuating between these two levels, although it did not reach the resistance until April 29th.
Its surge continued for another week, allowing it to hit a new all-time high on May 5th, when it reached $0.000004101. The resistance at $0.0000040 stopped it from progressing, and the token lost momentum.
As a result, its price started dropping, reaching $0.000001153 on May 12. From there, PEPE recovered to $0.000001975, only to be stopped by a resistance at $0.0000020. After that, it spent the next month slowly dropping back down to a support at $0.0000010, and while it broke this level on June 10, turning it into a resistance, it remained relatively close to it.
Pepe reached its lowest point post-ATH on June 15th, when it sank to $0.0000008454. This price was still higher than the one it had at launch, and in the first few weeks, it spent in circulation, but there was still a strong drop. However, the situation for Pepe changed on June 20th, when the price started increasing back toward the resistance at $0.0000020.
It never reached this level, as it was stopped at $0.000001728. After that, it spent the next month — from June 24 to July 24 trading sideways with an occasional attempt to reach $0.0000020, although the fluctuations were fairly small, and it never even came close to it. On July 20, however, the price dipped from $0.000001515, beginning another lengthy but slow descent, which brought it to the lowest point of $0.00000108 on August 7.
As the market started to improve in 2024 due to Bitcoin reaching its all-time high, Pepe started rising again, reaching a new all-time high of $0.00001085.
There was a slight dip afterwards, but the token’s value is still moving up. Many believe that PEPE might soon reach another all-time high.
Pepe price predictions
Pepe’s performance on the price chart has been solely dependent on the performance of the market and the sentiments of the crypto community.
2023 saw the token going through several ups and downs. 2024, however, has put PEPE into a bullish phase. It has reached a new all-time high, and the token is still accumulating at a healthy point.
However, PEPE’s future is still uncertain. The project doesn’t have any utility, and it’s still banking on the community to increase the price. However, provided that Bitcoin halving results in proper price action, Pepe can reach $0.00002 by the end of 2024. Beyond the current year, it is not easy to say where its price may go.
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
You can use debit or credit cards to buy Pepe tokens on any centralized exchange that supports it, including the ones mentioned above. CEXes are ideal for buying crypto with fiat, but they require creating an account and verifying your identity.
Buy PEPE with crypto
So far, PEPE has been listed on centralized and decentralized exchanges alike. This means that you can buy it with cryptocurrencies on both types. On CEXes, the token can be purchased with Bitcoin, Tether, Ethereum, and similar large cryptocurrencies. However, if you wish to buy it on a DEX, you will have to pick one in Ethereum’s ecosystem, where you can buy PEPE with an ERC-20 version of USDT, ETH, or other ERC-20 tokens that are paired against Pepe.
Buy PEPE with PayPal
Unfortunately, PEPE is not listed on PayPal, and PayPal is still not a payment method supported by crypto exchanges. However, you can use it as a payment method on P2P platforms. This works because you can find a PEPE sell order on one such platform and offer to pay for it via PayPal. The tokens would be kept by the platform until both parties confirm that the PayPal payment has been made, and then they would be released into your wallet.
Which crypto wallets support PEPE?
Pepe tokens can be stored in a number of different wallets that can be used for storing ERC-20 tokens. Depending on your preference, you can choose one of the following:
- OKX Wallet
- Trust Wallet
- MetaMask
- Ledger
- imToken
- Torus
- Coinbase
- TokenPocket
- iToken Wallet
- Freewallet
- Assure Wallet
- SafePal
- BRD Wallet
- Coinhub
- SimpleHold Wallet
- Portis
- WalletConnect
- Fortmatic
- Ambire Wallet
- Binance Wallet
- Coin98
Note that the token can be stored in many more wallets, and this list only represents a few of the best wallets for PEPE.
Is Pepe a Good Investment?
Pepe has become popular in the crypto industry, as has Pepe 2.0. However, some aspects of the project might make some investors think twice before purchasing it.
Pepe has experienced multiple highs since the beginning of this year, and its market cap has more than quadrupled in less than a year. Now, at $3.4 billion, PEPE holders are waiting for another pump to emerge before initiating their sell-offs.
As the market is uncertain, Dogecoin20 is a better investment alternative to Pepe. It presents users with an alternative to the existing Dogecoin, built on the Ethereum blockchain, and has green fundamentals working in its favor.
The project also aims to achieve long-term growth by introducing a staking mechanic with an emission schedule that mimics Dogecoin. However, considering DOGE20 is a deflationary asset, staking can allow users to generate high levels of gains over a long period of time.
Dogecoin20 is currently available as a presale and has already raised more than $4.2 million.
Conclusion
Pepe has gained a following among many crypto enthusiasts thanks to its meme-based nature. The name and the image of Pepe The Frog may have been controversial in the past, but the speed at which PEPE reached a $1 billion market cap says otherwise.
However, the token has now retraced, and its chances to regain a foothold are looking slim. Investors are better off looking at alternatives such as Dogecoin20.
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FAQs
Where can I get the best deal on PEPE?
All crypto exchanges listed in this guide offer low fees and multiple paired cryptocurrencies. They are safe, with fast transactions, multiple payment methods, and other benefits. As such, all of them offer a great deal worth considering, if you are interested in buying PEPE.
Is Pepe token a good investment?
Pepe is a meme coin that has established a name for itself as a genre redefining crypto since launch. People have been very receptive towards Pepe's joke-based origins, and the project is getting continouos attention. However, the asset is still volatile and considering that it is currently moving around its all-time high, now might not be a good time to buy it.
Is PayPal a viable option for purchasing Pepe tokens?
You can only use PayPal to purchase Pepe if you use P2P markets, where you would buy it from other holders. On such exchanges, you would make a deal to buy PEPE, pay with PayPal off the platform, and then receive your tokens through the platform.
