Buying, storing, and trading Pepe (PEPE) cryptocurrency in Canada is quick and easy with Coinsquare, one of the leading cryptocurrency platforms in Canada.
Pepe Coin (PEPE) is a rising meme coin built on the Ethereum blockchain. It was created as a tribute to the popular Pepe the Frog meme, which became an iconic symbol in the early 2000s. Pepe Coin quickly became one of the most popular cryptocurrencies after its launch in April 2023. Other meme coins, like Dogecoin, took four years to surpass a market capitalization of USD 1 billion. Surprisingly, Pepe Coin reached the same benchmark just 20 days after its launch! Can you believe that? Pepe Coin’s success can be attributed to its strong community.
The meme coin’s primary goal is to engage the community through humour and nostalgia while providing a decentralized exchange platform. Since Pepe Coin operates on the Ethereum network, it has smart contract capabilities to ensure transparency and security.
According to the official website of the Pepe meme Coin, PEPE does not have any inherent value or promise of making money. Despite this, over 100,000 investors have bought PEPE on various cryptocurrency trading platforms.
The origin of the Pepe Coin crypto is still a mystery. Although, it is noted that the creator of Pepe the Frog has no direct connection to the Pepe Coin crypto. The meme coin didn’t employ methods like initial coin offerings (ICO), pre-sale, or airdrops to distribute its tokens; instead, the anonymous founders relied on the growing popularity of the Pepe the Frog meme to entice potential investors to participate.
To give you a brief overview, Pepe the Frog is a cartoon character created by artist Matt Furie for his comic book released in 2005. Pepe, shown as a friendly and laid-back frog, gained popularity as an internet meme that quickly spread across social media platforms.
In the 2016 U.S. presidential election, different online groups took the character Pepe the Frog over and turned it into memes that promoted hate speech, racism, and discrimination. The creator of Pepe, Matt Furie, worked with the Anti-Defamation League (ADL) to restore the character’s original positive meaning. They launched a “Save Pepe” campaign to reclaim the character from those spreading harmful content.
The Pepe Coin crypto (PEPE) is an ERC-20 token. The Pepe Coin uses a redistribution system, rewarding participants who stake their PEPE coins for a long time. Giving users rewards guarantees that the PEPE coin is stable rather than selling it quickly. Also, PEPE has a feature where some coins are regularly burnt and removed from circulation to help control the supply and maintain its scarcity. The Ethereum blockchain supports PEPE by using a Proof-of-Stake (PoS) system. In this system, independent validators stake ETH to validate transactions and keep the network running smoothly.
PEPE has 420,690,000,000 tokens available. During its launch, 93.1% of the tokens were put into a liquidity pool, and the rest were set aside for future use. On April 19, 2023, the Pepe Coin price was around $0. 0000002823 USD. On May 27, 2024, the PEPE price reached an all-time high of USD 0.00001717.
The Pepe Coin crypto stands out by having no taxes and being open about not having any real use, keeping things straightforward as a meme coin. The project’s commitment to respecting the Pepe the Frog character, who has a well-known and debated past, makes it different from other digital assets.
While it is mentioned that Pepe Coin is a cryptocurrency that doesn’t have any practical use in the real world, it can be used to buy things online and pay for services on various websites. Pepe Coin is also used for deploying decentralized applications like PepeSwap.
So, what’s the future of the Pepe Coin? With more people holding PEPE, an increased daily trading volume, and a growing social media following, experts believe that PEPE still has the potential to experience another increasing trend.
Yes, you abPEPEutely can purchase Pepe in Canada. You can buy it through a cryptocurrency trading platform like Coinsquare, where all your crypto purchases are quick and uncomplicated. Open an account today to discover how easy it can be to own Pepe coins in as little as a few minutes.
There are many other Canadian and international cryptocurrency platforms where you can purchase Pepe and participate in other crypto-based activities like staking. Many international platforms support transactions in Canadian dollars, but be sure to verify this before registering with them. Look for a platform that’s accessible for someone with your level of experience. The platform you choose to buy Pepe should also feature robust security and exceptional customer support.
Another way to buy Pepe is through a P2P platform. P2P platforms enable direct buying, selling, and trading of digital assets like Pepe without banks or centralized platforms. They offer greater privacy and control over your funds compared to centralized platforms and typically have fewer expenses for things like overhead, which means lower fees for users. However, P2P transactions can be slower and more complex. Using a P2P platform to buy Pepe requires time to learn the process and involves more manual effort, potentially prolonging each transaction.
Yes, as long as you do your due diligence on the platform you’re using for trading. Verify that the platform has a good reputation and has been in business for a reasonable amount of time. They won’t have as long a track record as a lot of companies because trading in crypto is still fairly new and because there are lots of mergers and acquisitions in the crypto space, but they should have a traceable history and positive reviews.
Any platform you choose should use normal security measures like two-factor authentication (2FA) and strong encryption such as SSL (Secure Socket Layer) to protect your data.
Remember that online safety is also partly up to you. Never share your passwords with anyone or record them somewhere where they can be easily uncovered. Don’t do Pepe transactions while on public WiFi networks, change your passwords often, and always use strong passwords. Be vigilant about doing your part to secure your own account.
You can buy Pepe and many other popular cryptocurrencies like SHIB, BTC, XRP, DOGE, LTC and more directly from Coinsquare’s secure, trusted trading platform.
The process is quick and easy. Sign up for an account and start your purchase by following these steps:
The increasing popularity of cryptocurrencies means that you can use them in more and more ways. Many retailers now accept Pepe for online and even in-store purchases. In fact, money is transferred all over the world via various blockchains, including the Pepe blockchain; opening the door to possibilities that might not otherwise exist.
You can use Pepe to trade for other cryptocurrencies. Coinsquare customers can make trades directly from the platform. If you’re a beginner, access all the information you can about Pepe and other cryptocurrencies before you get heavily into trading.
Go through the information available on Coinsquare’s website, which features many helpful explainers and blogs, as well as a real-time news feed about what’s going on with Pepe and other currencies in the crypto space. There are many other sources for information about what’s new and exciting for Pepe, such as:
As a cryptocurrency trading platform, we understand that you're curious about the potential for Pepe's value to increase. It's important to note that the value of any cryptocurrency, including Pepe, can be influenced by a wide range of factors such as market demand, technological developments, regulatory news, and broader economic conditions.
While historical performance and current trends can provide some context, past performance is not representative of future results. We recommend staying informed through reliable sources, considering a diversified approach to your investments, and only invest according to your risk tolerance.
Always make sure to do your own research and consider seeking advice from financial professionals before making any trading decisions.
Pepe holdings are normally stored in special software applications called wallets. They can be divided into hot wallets and cold wallets. Due to their complementary functions, most investors use a combination of hot and cold wallets for their Pepe holdings.
Hot wallets are digital applications used to store cryptocurrencies like Pepe. Hot wallets are connected to the internet, making them easily accessible for transactions. These wallets are commonly used for everyday trading and transfers due to their convenience and ease of moving funds in and out of them.
Storing Pepe in a hot wallet makes it quick and easy to access for trading and spending. Hot wallets usually have a user-friendly interface that makes them intuitive to use and suitable for people with limited experience in the crypto space. Hot wallets allow quick and easy access to your Pepe for trading and spending.
The downside to hot wallets is that being online, they are more vulnerable to hacking, phishing and other types of interference. Some hot wallets are also custodial, meaning that a third party holds your private keys; this can pose a security risk in the event of a data breach.
Cold wallets are physical devices or offline storage PEPEutions you can use to store Pepe and other cryptocurrencies.
Unlike hot wallets, cold wallets are not connected to the internet, meaning that they are less vulnerable to hacking, phishing, and malware. This enhanced security prompts many investors to hold most of their Pepe in cold wallets. Cold wallets also allow you to maintain control of your private keys.
Cold wallets are not as convenient as hot wallets for daily transactions; your Pepe holdings need to be moved to a hot wallet for you to use to purchase goods or make trades. It is also possible to lose or misplace your cold wallets since they are physical assets. It’s crucial to have a backup of your wallets in a secure offline location in case you do lose them.
To open an account on a cryptocurrency platform in Canada, investors usually have to provide their full name, date of birth, current address, phone number, and e-mail address. They also have to scan and upload a government-issued ID such as a driver’s license and sometimes provide proof of address using a utility bill, bank statement, or a similar document that shows their full address. A selfie or photo is often required to match them to their government-issued identification.
Providing these details protects the investor and also ensures the security and legitimacy of Pepe transactions on the cryptocurrency trading platform. Providing this personal information enables the platform to comply with regulatory standards.
The process of collecting personal information is known as Know Your Customer (KYC). KYC helps prevent illegal activities like money laundering, fraud, and terrorist financing. This is a regulatory requirement that Canadian registered marketplaces for crypto assets, like Coinsquare, must adhere to.
Although it may seem onerous and invasive to provide such personal information, you should be wary of any cryptocurrency trading platform that does not ask for this information when you open an account. Failure to conduct proper KYC procedures is an indication that the platform isn’t complying with industry standards or Canadian law.
Opening a Coinsquare account to buy Pepe is very simple. Click on the Get Started button on our main Canadian webpage or downloading the Coinsquare app and enter the information as requested. Once your account is set up, you will need to fund it, which you can do directly from your bank via Interac e-transfer. Be sure to review the limits and other notes regarding funding your account with Canadian Dollars.
When you make your first deposit, there is a brief waiting period before your funds become available for investment, but after that, you’ll have access near instantly but can sometimes take up to 30 minutes of completing a transfer.
If you are using digital currency to make your initial deposit, the procedure is slightly different but still quick and convenient. If you have any issues making deposits, access the support documentation from our main page. If you can’t find the answers to your questions there, our Customer Success team is available 24/7.
Coinsquare is a leading cryptocurrency trading platform founded by Canadians for Canadians. We’re excited to welcome you to the ever-growing cryptocurrency world!
