Transak Lists $PEPE and $BONK Meme Coins

13 Aug 2024

 

Transak, a leading Web3 payments infrastructure provider has announced the listing of PEPE and BONK meme coins on its platform. This move aligns with Transak’s mission to simplify and secure the onboarding of users into the decentralized finance (DeFi) ecosystem.

The meme coin phenomenon has seen explosive growth, particularly within the Solana and Ethereum ecosystems. Meme coins, characterized by their association with popular internet memes and culture, have captured the imagination of the crypto community and beyond.

According to the Q2 2024 Crypto Report by CoinGecko, meme coins are the biggest cryptocurrency narrative going into the latter half of 2024, indicating their role in driving broader crypto adoption.

Meme coins like PEPE and BONK serve as a gateway for beginners to enter the world of cryptocurrency. While the technicalities of DeFi might be complex, the familiarity with internet memes makes these coins an appealing starting point. They are also often associated with a fun and vibrant community, making them a great way for people to learn about cryptocurrency and get involved in the crypto space.

Transak’s primary goal is to facilitate an easy, safe, and compliant onboarding process for users venturing into Web3. By listing new and popular meme coins like PEPE and BONK, Transak ensures that both new and seasoned crypto enthusiasts can easily access these assets.

"Listing PEPE and BONK is about more than just adding popular tokens. It's about opening the door wider for those curious about crypto, especially within vibrant communities like Solana and Ethereum. Transak is committed to making this exciting space accessible to everyone, regardless of their experience level,” said Sami Start, CEO and co-founder of Transak.

For beginners, meme coins offer an approachable entry point into the crypto space. The cultural resonance of these coins can demystify the initial steps of engaging with digital assets, paving the way for a deeper exploration of the DeFi landscape.

Transak is also committed to supporting the needs of crypto-native users. The platform allows for the purchase of meme coins worth up to $75,000 in a single transaction for customers who have completed Level 3 (Enhanced) KYC verification. This high transaction limit caters to the needs of serious investors and traders, ensuring they have the flexibility to make substantial investments in the meme coin market.

How To Buy PEPE Or BONK On Transak

1. Visit the Transak Website

Go to global.transak.com and in the “You pay” field, select the currency you want to pay with.

2. Choose Your Memecoin

Select either PEPE or BONK from the list of available cryptocurrencies beside the “You receive” field.

3. Enter Purchase Amount

Enter the amount of your local currency you'd like to spend (e.g., USD, EUR, etc.).

Transak will show you the estimated amount of PEPE or BONK you'll receive based on the current exchange rate.

4. Select Payment Method

Choose your preferred payment method (e.g., credit/debit card, Apple Pay, Google Pay, wire transfer, etc).

5. Enter Wallet Address

Provide your wallet address that supports PEPE on the Ethereum network or BONK on the Solana network.

Double-check this address to avoid sending your coins to the wrong place!

6. Complete KYC (if required)

Depending on your location and purchase amount, you might need to complete Transak's Know Your Customer (KYC) verification process. This is for regulatory compliance and security.

7. Confirm and Pay

Review your order details (amount, currency, wallet address) carefully.

If everything looks correct, click on "Buy Now" and complete the payment process.

8. Receive Your Memecoins

Once your payment is processed, the PEPE or BONK tokens will be sent to your wallet address. This usually happens within a few minutes.

About the Author:

Transak Team