Coinbase to List PEPE Coin?

Sahana Kiran
Pepe
Source – Outlook India

Pepe [PEPE] is making noise for its latest upswings and success stories of investors who made millions out of almost nothing. All of the above has got the asset trending throughout social media platforms. Now, a potential major exchange listing could be on its way.

Earlier today, several members on Twitter noticed that Coinbase had set up a page titled “How to buy Pepe” on its website. This got the community speculating that the exchange could soon list the meme coin.

However, in the “Introduction” section, the exchange affirmed that it hasn’t yet listed the asset.

“When it comes to buying crypto, there are a lot of factors that come into play, such as location and protocol. Pepe is not currently available on Coinbase’s centralized exchange. However, you can still buy Pepe on Coinbase Wallet, your key to the world of crypto.”

Nevertheless, users were urged to employ their Ethereum [ETH] in order to purchase Pepe through the Coinbase wallet. Additionally, it should be noted that Binance also released a guide on buying the meme coin. However, these exchanges are yet to list the asset. If Coinbase goes on to onboard PEPE other platforms like Binance, Kraken, Robinhood, and others may follow suit.

PEPE dips by 25% amidst BitMEX listing

While larger volume exchanges were seemingly more cautious about onboarding the meme coin, the rest of them have been quick to kickstart PEPE trading. Currently, popular exchanges like OKX, MEXC Global, Gate.io, Huobi, as well as Uniswap have listed the meme coin.

More recently, BitMEX announced that users can now trade PEPE with up to 50x leverage against the U.S. dollar [USD] and Tether [USDT]. Despite this listing, at press time, the asset nosedived by 25% over the last 24 hours and was priced at $0.000001007.