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How to buy Pepe (PEPE) in Australia
Learn how to buy Pepe (PEPE) on 19+ crypto exchanges in our step-by-step guide.
Despite only launching in early 2023, Pepe (PEPE) has quickly established itself as one of the largest memecoins in the world, with a market capitalisation in the billions of dollars.
Based on the Pepe the Frog cartoon, Pepe is now one of the most popular memes on the internet, especially amongst the cryptocurrency community. It has also been one of the strongest performers in 2024, having risen more than 2,000% between January and December.
While Pepe trades on the Ethereum network, the easiest way to buy PEPE in Australia is via a crypto exchange that lets you buy Pepe with Australian dollars, such as CoinSpot or Swyftx.
How to buy Pepe in 4 steps
The following steps are for Australian residents and should work with most cryptocurrency exchanges, investing apps and brokers.
- Choose a payment method
There are many different ways to buy Pepe. For beginners the first things to consider is usually fees and payment methods. Fees will depend on the payment method chosen, with purchases via bank deposit or PayID usually the cheapest. Alternatively, you may already have a specific payment method in mind, so you can start by choosing an exchange that supports it – such as finding a platform that accepts PayID or debit card. - Choose a platform and create an accountOnce you've chosen the platform you want to use you will need to create an account. You will 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.
- Purchase your PepeDepending on which platform you choose, there may be a number of ways to buy PEPE. 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" menu but the fees are often higher. Most Australian exchanges offer live customer support via webchat in case you need help deciding.
- Transfer your Pepe to a crypto wallet
Safe storage of cryptocurrency is important for everyone, even beginners. Cryptocurrency exchanges are at risk of hacks or financial mismanagement, which means leaving your PEPE on the same platform you purchased it on could put it at risk. Instead, learn how a cryptocurrency wallet works and consider transferring your funds into your own possession.
Buy PEPE now
Use the table below to compare a comprehensive list of cryptocurrency exchanges and trading platforms in Australia. If you find a platform that meets your needs, click the green "Go to site" button to create an account and get started.
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How we picked theseThis is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.
Pepe market update: November 2024
Price rally. Like the wider crypto sector, PEPE rallied following the result of the US election, capping an impressive 12 months in which PEPE has become one of the biggest memecoins (and biggest cryptocurrencies full stop) in the world.
What's the best way to buy Pepe?
The easiest way for a beginner to buy Pepe is usually through a crypto exchange.
However, what's best for you will depend on your preferred payment method and investment goals.
To help you choose, we've analysed 16 cryptocurrency trading platforms in Australia on things like fees and payment methods.
Our goal is to help you find the platform that best suits your needs and budget. All of the platforms on this page are registered with AUSTRAC (Australian Transaction Reports and Analysis Centre), which regulates digital currency exchanges in Australia.
Buy Pepe with PayID, Osko or bank transfer
Many crypto platforms support free and instant bank transfers in Australia. This includes PayID and Osko.
Once you've passed a know your customer (KYC) check, you can deposit AUD from your bank account and will usually be able to swap it for Pepe within minutes.
Below is a list of reputable platforms that support deposits via bank transfer, Osko or PayID and offer some of the lowest fees in Australia, based on our research.
| Platform | Supported cryptos | Trading fees | Regulator registration | |
|---|---|---|---|---|
| CoinSpot Not rated yet | 514+ | Very low (0.1–1%): Approximately $1.00 of fees per $1,000 PEPE purchased using a market order. | AUSTRAC | Go to site |
| Kraken Not rated yet | 457+ | Very low (0.26%): Approximately $2.60 of fees per $1,000 PEPE purchased on the spot market. | AUSTRAC | Go to site |
| Swyftx Not rated yet | 430+ | Very low (0.6%): Approximately $6.00 of fees per $1,000 PEPE purchased on the spot market. | AUSTRAC | Go to site |
How to buy Pepe with debit card
An increasing number of Australian cryptocurrency platforms now support buying Pepe with a debit card.
A benefit of buying Pepe with a debit card is that the process is often simplified and designed for beginners and or people that have never invested in cryptocurrency before.
The downside is that the fees are typically higher than when you pay using a bank transfer or PayID.
Below is a list of reputable platforms that support purchases of Pepe using debit card and offer some of the lowest fees in Australia, based on our research.
| Platform | Supported cryptos | Trading fees | Regulator registration | |
|---|---|---|---|---|
| CoinJar Not rated yet | 68+ | Average (2%): Approximately $20.00 of fees per $1,000 PEPE purchased using a debit card. | AUSTRAC | Go to site |
| CoinSpot Not rated yet | 514+ | Average (2.58%): Approximately $25.80 of fees per $1,000 PEPE purchased using a debit card. | AUSTRAC | Go to site |
Buy Pepe with credit card
Buying Pepe with a credit card might seem convenient at first glance, but once you add up the purchasing fees, any interest payments or charges from your card issuer, it may not end up being the most cost-effective option.
There are also a number of additional risks and considerations when using a credit card. Read our dedicated guide on buying crypto with a credit card if you'd like to know more.
Of all the payment methods listed on this page, buying Pepe with a credit card is typically the most expensive. To help you, we've put together a list of some of the platforms with the lowest credit card fees in Australia, based on our research.
| Platform | Supported cryptos | Trading fees | Regulator registration | |
|---|---|---|---|---|
| CoinJar Not rated yet | 68+ | Average (2%): Approximately $20.00 of fees per $1,000 PEPE purchased using a credit card. | AUSTRAC | Go to site |
| CoinSpot Not rated yet | 514+ | Average (2.58%): Approximately $25.80 of fees per $1,000 PEPE purchased using a credit card. | AUSTRAC | Go to site |
| Binance Australia Not rated yet | 447+ | Very high (3.5%): Approximately $35.00 of fees per $1,000 PEPE purchased using a credit card. | AUSTRAC | Go to site |
Where to buy Pepe in Australia
In Australia, you typically buy Pepe from an online platform called an exchange, which can be accessed through a website or smartphone app.
The most common type of websites to buy Pepe from are called cryptocurrency exchanges.
They specialise in buying and selling cryptocurrencies and sometimes offer additional services dedicated to cryptocurrency.
The other type of website is an online share trading platform, which usually sells shares, ETFs and commodities alongside cryptocurrencies.
These platforms tend to be focused on traditional assets rather than crypto and will have fewer coins and tokens available than a dedicated crypto exchange.
The majority of cryptocurrency exchanges and share trading platforms now offer smartphone apps.
You can also buy Pepe from a cryptocurrency wallet, a special Pepe ATM or via a peer-to-peer (P2P) marketplace, although these options are less beginner-friendly.
Buying Pepe from a crypto exchange
Buying PEPE on a crypto exchange is the most common way to invest in Pepe.
Exchanges such as CoinSpot, Swyftx and Kraken are some of the most widely used crypto exchanges. They also enable you to buy other cryptocurrencies if you want to expand your portfolio beyond PEPE.
Most Australian exchanges let you buy Pepe instantly using cash deposited from a bank account.
Some also let you buy with debit card or credit card. Be aware though that purchasing Pepe with a card is typically the most expensive option.
Spot market trading is offered by some exchanges in Australia. It is a slightly advanced way to buy PEPE and it requires placing bids and offers. Trading fees are often lowest when you use this method, but it will take a bit of getting used to if you've never traded on a spot market before.
Holding your Pepe on a centralised platform like an exchange means trusting the exchange to protect your assets. Assets held on an exchange are at risk of hacks, phishing attacks and potential mismanagement by the exchange operators.
To help avoid these risks and have complete control over your Pepe, consider withdrawing your funds to a personal wallet after you have completed your purchase.
Crypto exchanges: What to consider
- Pro: Straightforward and affordable buying and selling of PEPE accessible to all experience levels.
- Cons: If you leave your PEPE in the custody of a crypto exchange, your funds are potentially at risk if issues arise with the exchange.
Buying Pepe from a crypto wallet
Cryptocurrency wallets are specialised software applications or physical devices designed for managing cryptocurrencies and keeping them highly secure.
Many of these wallets offer you the ability to purchase Pepe and other cryptocurrencies through a third party.
These apps typically accept credit or debit card payments.
Hardware wallets provide a secure and private way to hold your Pepe personally, rather than being entrusted to a third-party exchange or platform.
Although the Pepe blockchain is more secure than exchanges and has never been hacked, your security depends on you. You are responsible for managing your private key or seed phrase, which, if lost, may result in lost funds.
Crypto wallets: What to consider
- Pro: You have total control over your investment, secured by an encrypted wallet rather than a third party like an exchange.
- Con: Learning to use a wallet requires time and effort. Transactions are irreversible and your funds are at risk of human error.
Ledger Nano X Wallet |
Trezor Model T Wallet |
SafePal S1 Wallet |
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Supported assets 5,500+ |
Supported assets 1,000+ |
Supported assets 30,000+ |
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Price (USD) $149 |
Price (USD) $129 |
Price (USD) $49.99 |
See more of the best crypto wallets
Buying Pepe from a P2P marketplace
A P2P crypto marketplace is a platform that allows individuals to buy and sell cryptocurrencies directly with one another through offers, a bit like eBay.
P2P marketplaces typically support a wide range of fiat currencies, including AUD.
Low or no fees are common for P2P trades. Since order prices are fixed, you can potentially find Pepe below market value.
Purchasing Pepe through P2P exchanges regularly can be challenging, as it may be hard to consistently find a seller willing to sell you the exact amount you want each time.
Here are some of our favourite P2P exchanges available in Australia
- Binance P2P – Best P2P exchange overall
- KuCoin P2P – Best P2P exchange for altcoins
- Bybit P2P – Best P2P exchange for low fees
P2P marketplace: What to consider
- Pro: Interact directly with Pepe sellers and choose from hundreds of payment options.
- Con: You have to buy the specific amount of Pepe the buyer is selling.
What to look for when buying Pepe
There are a few key factors to keep in mind when looking for where to buy Pepe.
After you've bought Pepe
Once you own some PEPE, you have 2 options – keep it on an exchange or move it to a personal wallet. Each comes with its own set of pros and cons.
Is Pepe safe to invest in?
All investments have risk associated. Before you buy Pepe, make sure you do due diligence in research and understand these risks:
Bottom line
If you want to buy Pepe, start by comparing a range of crypto brokers and exchanges available in Australia. Look at their features, fees, security and overall reputation to decide which platform is the right fit for you. Consider an exchange registered with AUSTRAC for added peace of mind.
Remember that owning and using Pepe is not without its risks. It is a memecoin and its price is highly volatile. Only invest what you can afford to lose.
Once you've bought some PEPE, think about what your short- and long-term goals are. This will help you decide whether to keep it on an exchange or move it to your own wallet.
FAQs
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.
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