Brett is a high-risk memecoin based on Base with no utility, making its value driven purely by hype.
Purchase Brett from mainstream exchanges like CoinSpot or Swyftx after verifying your identity.
Protect your Brett by moving it to a self-custodial wallet and never share your seed phrase.
This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.
Brett memecoin is the latest internet-born crypto sensation, but that doesn't mean buying it is simple. In this guide, we'll show you how to buy Brett step-by-step without falling victim to scams or hype.
What is the Brett memecoin?
Brett ($BRETT) is a memcoin launched in early 2024 on Base, an Ethereum Layer 2 network backed by Coinbase. It's inspired by Brett, a character from the Boy's Club comic by Matt Furie, the same artist who created Pepe the Frog.
The token was introduced through a fair launch and the contract renounced, meaning no additional tokens can be minted. That means Brett has a fixed supply of 10 billion tokens, with the majority allocated to liquidity pools.
Like many memecoins, Brett isn't backed by utility or real-world use cases. Its value is driven by hype, community vibes and how fast it spreads online.
Why Australians are jumping on the Brett bandwagon
Like memecoin enthusiasts the world over, Aussies are jumping on Brett thanks to its low price, viral appeal and accessibility via mainstream crypto exchanges . It's also become a kind of mascot for Base, giving it more staying power than your average rug pull.
Where to buy Brett in Australia
Brett was initially only available on decentralised exchanges (DEXs), but as it became more popular, regular mainstream (centralised) exchanges began offering the token to meet increased demand.
The following exchanges offer Brett to Australians at the time of writing and our table will be updated once other platforms list it.
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Step-by-Step: How to buy Brett
There are a few ways to buy Brett, but the easiest way is by signing up to an exchange and purchasing directly with AUD. You can also purchase through a decentralised exchange (DEX), but this is best for more experienced traders. Follow the steps below to get started:
Not all exchanges list Brett. You can check out the exchanges that do offer the token in our comparison table above. If simplicity is a priority, choose an exchange that offers AUD transactions.
Create an account
Once you've chosen the platform you want to use you will need to create an account. You'll need to provide some photo ID like a driver's licence or passport to complete the process. You may also be required to take a selfie to prove your identity in accordance with Australian law.
Choose a payment method
It's possible to deposit funds using bank transfer, debit or credit card, PayPal and more, but using bank deposit or PayID to a crypto exchange can mean you don't pay any fees. Alternatively, you may already have a specific payment method in mind, so you could instead start by choosing an exchange that supports it – such as finding a platform that accepts PayID or debit card.
Purchase your Brett
Depending on which platform you choose, there may be a number of ways to buy Brett. The spot market is typically where fees are lowest but it may require some getting used to if you've never used an investment platform before. The easiest method is usually using the "instant purchase" option, but this is likely to come with higher fees.
Safely store your Brett
Once you've bought Brett, you have the choice of keeping it on the exchange or platform you bought it from, or transferring it to your own crypto wallet. While it can be more convenient to leave it on the exchange, it's generally recommended you move your crypto to a private wallet for added security and safety.
How to store Brett safely
When you buy tokens like Brett, the exchange will normally hold it on your behalf until you sell or withdraw it. But storing your coins on an exchange leaves you at risk of hacking or financial mismanagement.
The safest storage option is to move your Brett memecoins over to a self-custodial wallet, which gives you full control over your tokens. For short-term trades, you can use a browser wallet like Best Wallet, but if you're planning to hold $BRETT, a hardware wallet offers better security.
When you set up a wallet, you'll get a 12 or 24 word recovery phrase (aka seed phrase). This is the only way to recover your wallet if you lose your device, so write it down somewhere safe (not on your computer or email). If someone gets their hands on it, they can drain your wallet.
Risks of buying Brett (and how to stay safe)
Like all memecoins, Brett is extremely volatile and largely driven by social media hype. It doesn't have real-world use and could drop to zero overnight.
Watch for scams, fake tokens and pump-and-dumps. If you're buying through a decentralised exchange, always double check the official contract address first, you can copy it from a trusted source like CoinGecko or CoinMarketCap. This will ensure you don't accidentally buy the wrong (or fake) coin.
And it's worth repeating: Never share your seed phrase (even if someone says they're from tech support).
Our expert says
"Memecoins like Brett are fun – but don't confuse entertainment with investment. You can make a quick buck, but you can lose it just as fast."
No, Brett is not available through Binance at the time of writing.
The Brett memecoin is high risk. It is a speculative asset with no intrinsic value and therefore extremely volatile.
Yes you can buy Brett using AUD if you use an exchange like CoinSpot or SwyftX.
$BRETT is purely a memecoin with no utility. It's about community, not function.
Brett runs on Base, which is an Ethereum Layer 2.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly
volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of
future performance. Consider your own circumstances, and obtain your own advice, before relying on this information.
You should also verify the nature of any product or service (including its legal status and relevant regulatory
requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may
have holdings in the cryptocurrencies discussed.
Kylie Purcell is an experienced investments analyst and finance journalist with over a decade of expertise in a wide range of financial products, including online trading platforms, robo-advisors, stocks, ETFs and cryptocurrencies. She is a sought-after commentator and regularly shares her insights on the AFR, Yahoo Finance, The Motley Fool, SBS and News.com.au. Kylie hosts the Investment Finder video series and actively contributes to the investment community as a judge and panellist. She holds a Master of Arts in International Journalism, a Graduate Diploma in Economics, and ASIC-recognised certifications in securities and managed investments.
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