Introduction
The trending meme coin Pepe (PEPE) has officially been listed on Kraken, one of the leading cryptocurrency exchanges. Built on the Ethereum blockchain, Pepe launched in April 2023 and rapidly gained traction among crypto investors, positioning itself as a competitor to established meme coins like Dogecoin and Shiba Inu.
Pepe’s Listing on Kraken
Kraken announced the addition of PEPE to its trading platform, enabling deposits and spot market trading. The exchange highlighted geographic restrictions, excluding users in Canada and the U.S. from accessing the token.
"Now available: $PEPE 🐸 Deposits and trading are live. Geographic restrictions apply."
— Kraken Pro (@krakenpro)
How to Trade PEPE on Kraken
- Funding Your Account: Navigate to the Funding section, select PEPE, and click Deposit.
Trading: PEPE can be traded via Kraken/Kraken Pro spot markets.
- Minimum Order Size: 500,000 PEPE.
- Minimum Deposit: 2 million PEPE.
👉 Kraken’s official PEPE trading guide
Availability and Restrictions
- Restricted Regions: Canada and the U.S.
- Alternative Exchanges: Binance, OKX, Bitget, and KuCoin also support PEPE trading, with Binance leading in trading volume.
Future Features on Kraken
- Kraken App & Instant Buy: These features will roll out once sufficient market liquidity is achieved.
- New Listings: Kraken may add more assets, with updates shared via their blog and social media.
Trading Risks and Caution
- Order Execution: Market/limit orders aren’t guaranteed due to volatility and liquidity constraints.
- Research: Always analyze market conditions before trading.
FAQs
1. Can U.S. residents trade PEPE on Kraken?
No, PEPE is currently unavailable to Kraken users in the U.S. and Canada.
2. What’s the minimum PEPE order size on Kraken?
500,000 PEPE per order.
3. When will Kraken enable Instant Buy for PEPE?
Once liquidity meets Kraken’s thresholds, estimated within weeks.
4. Where else can I buy PEPE?
Binance, OKX, and KuCoin are major alternatives.
5. Is PEPE a good investment?
Meme coins are highly speculative; invest cautiously.
Conclusion
Kraken’s PEPE listing marks a milestone for the meme coin, expanding its accessibility. While trading tools will evolve with liquidity, investors should remain mindful of risks.