Key Takeaways
- When learning how to buy meme coins, selecting a reliable centralized or decentralized exchange is essential;
- Meme coins are driven by community enthusiasm, online trends, and social media hype, which makes them more volatile than traditional cryptocurrencies;
- Whether trading on a centralized or decentralized exchange, utilizing reliable hardware wallets can provide additional layers of security.
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If you're wondering how to buy meme coins, you're not alone. Many are eager to hop on the bandwagon to potentially capitalize on their growth. But buying these coins requires a bit of know-how, especially with the variety of options available in recent years.
Plus, investing in meme coins requires a deep understanding of the opportunity they may offer in the evolving decentralized finance world. While these digital assets are highly volatile, they also provide the chance for high rewards if timed right.
Of course, having an exchange platform that constantly uploads the newest and trendiest meme coins is highly important. Binance, Bybit, and MEXC are great choices for this. These platforms are highly trusted and used by lots of users.
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Table of Contents
- 1. How to Buy Meme Coins from a Centralized Exchange
- 1.1. Choose a Centralized Exchange
- 1.2. Create and Verify an Account
- 1.3. Deposit Funds to the Account
- 1.4. Purchase Your Favorite Meme Coin
- 2. How to Buy Meme Coins From a Decentralized Exchange
- 2.1. Set Up a Crypto Wallet
- 2.2. Fund Your Crypto Wallet
- 2.3. Connect Wallet to a Decentralized Exchange
- 2.4. Purchase Your Preferred Meme Coin
- 3. Understanding Meme Coins
- 4. Popular Meme Coins in 2025
- 4.1. Dogecoin (DOGE)
- 4.2. Shiba Inu (SHIB)
- 4.3. Pepe (PEPE)
- 4.4. Dogwifhat (WIF)
- 4.5. Bonk (BONK)
- 5. Best Places to Buy Meme Coins
- 5.1. Binance
- 5.2. Bybit
- 5.3. Kraken
- 5.4. MEXC
- 6. How to Find the Next Meme Coin
- 6.1. Monitor Social Media Trends
- 6.2. Assess Community Engagement
- 6.3. Evaluate the Tokenomics
- 7. Conclusions
How to Buy Meme Coins from a Centralized Exchange
So, how do you purchase meme coins? For those unfamiliar with the process, it can feel challenging at first. Therefore, let’s walk through a simple, step-by-step guide on how to buy meme coins from a centralized exchange, making the process easy and accessible for you.
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Choose a Centralized Exchange
The first step in how to invest in meme coins is selecting the right centralized exchange (CEX) that offers your preferred meme coin. But before diving into the selection process, let’s talk about what a centralized cryptocurrency exchange is and how it works.
So, what is a centralized exchange? In short, it’s an online platform where buyers and sellers meet to trade cryptocurrencies through a middleman,[1] which is the exchange itself.
In a sense, CEXs operate similarly to traditional stock markets, where you can place buy and sell orders. Plus, the exchange manages the transactions, ensuring the trade happens securely and efficiently.
When choosing a reliable centralized exchange, there are a few factors to keep in mind. First, ensure the platform supports the meme coin you're interested in, whether it’s Dogecoin, Shiba Inu, or one of the newer ones.
Next, consider the exchange’s security features - does it offer two-factor authentication (2FA) or cold storage for added safety? You’ll also want to look into the platform’s fees, as these can vary significantly from one exchange to another.
Finally, pay attention to user experience and customer support. Choosing an exchange with a user-friendly interface and reliable support can make a huge difference, especially if you're new to crypto.
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By the way, where to buy meme coins for those who prefer a centralized exchange? Well, there are many options, including Binance, Bybit, and MEXC. You’ll discover more as you read through the article. Once you’ve chosen where to trade meme coins, you’ll be ready to move forward and make your meme coin purchase.
Create and Verify an Account
Once you've chosen your centralized exchange, the next step in this how to buy meme coins tutorial is to create and verify your account. Let’s use Binance as an example and walk through the process like I’ve tried myself.
To get started, follow the steps below:
Now that your account is set up, you're ready for the next steps in purchasing meme coins.
Deposit Funds to the Account
The third step is to deposit funds into your cryptocurrency exchange account. For instance, let’s walk through the process step by step using Binance:
You can buy some meme coins, like DOGE, SHIB, and BOME, directly with fiat using this method. However, keep in mind that coin availability will depend on your preferred fiat.
After your funds are deposited, you’re all set to start buying your favorite meme coins.
Purchase Your Favorite Meme Coin
Now that your account is funded, let's walk through a step-by-step guide on how to buy meme coins, using the spot trading feature on Binance.
The first one uses Market Order, which allows you to buy Dogecoin at the current market price. It’s faster and easier if you want your order to be filled immediately. Alternatively, you can use Limit Order to set a specific price at which you want to buy Dogecoin. The order will only be executed if the market reaches your desired price.
If you're using a market order, the purchase will be completed instantly at the best available price. For a limit order, your purchase will occur once the market reaches your specified price. Click [Buy DOGE] to place your order.
After placing your order, you can monitor its status in the [Open Orders] section below the trading interface. Once your order is completed, the meme coin you purchase will appear in your Spot wallet, ready to hold or trade as you wish.
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Congratulations, you now know how to buy meme coins like Dogecoin on Binance!
How to Buy Meme Coins From a Decentralized Exchange
Now that you know how to buy meme coins through a centralized exchange, there's another route to explore - decentralized exchanges (DEXs). This method can seem more complex, but once you get the hang of it, it’s a convenient way to access various meme coins.
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Set Up a Crypto Wallet
Before you can buy a meme coin on a decentralized exchange, the first thing you need is a cryptocurrency wallet. But what is a crypto wallet?
For those unfamiliar with a crypto wallet, it’s a tool for storing, sending, and receiving digital assets like meme coins. There are two types of wallets: hot wallets and cold wallets.
The former, like Binance Wallet and Coinbase Wallet (now called the Base App), are connected to the internet, making them convenient but more vulnerable to hacks. Cold wallets, such as the Ledger Flex and Trezor Safe 5, offer better security by keeping your assets offline.
For this how-to-buy meme coins guide, let’s focus on setting up Ledger, a popular cold wallet option that ensures your assets are securely stored. Follow the steps below:
After you confirm the recovery phrase by selecting the correct words, your Ledger should be ready. It provides a secure way to store your meme coins before trading them on a decentralized exchange.
Fund Your Crypto Wallet
The second step in how to buy meme coins on a decentralized exchange is to fund your crypto wallet. For the illustration, here’s a step-by-step guide on how to transfer Ethereum (ETH) to your Trezor Safe 5, which you can then use for transactions on a decentralized exchange:
After transferring cryptocurrency to your crypto wallet, you’re now ready to purchase meme coins from a decentralized exchange.
Connect Wallet to a Decentralized Exchange
Once you've transferred cryptocurrency to your wallet, the next step is to connect your wallet to a decentralized exchange. Before proceeding, do you know what a decentralized exchange is? If not, let’s discuss it a bit.
Unlike centralized exchanges, decentralized exchanges operate without intermediaries. Instead of relying on a central authority, they allow users to trade directly from their wallets using smart contracts.[2] This setup provides more control over your funds and eliminates the need to trust a third party.
Now, let’s learn how to connect your wallet to a decentralized exchange. To illustrate it, I use Ledger Flex and SushiSwap, a popular decentralized exchange. Here are the steps:
Alternatively, you can connect your Ledger wallet to MetaMask and use it to interact with SushiSwap.
That’s it! Whenever you initiate a swap or transaction, SushiSwap will prompt you to approve it. Verify the details on your Ledger Flex screen, and confirm the transaction. This ensures all actions are securely processed through your hardware wallet, protecting your assets.
Purchase Your Preferred Meme Coin
After connecting your wallet to a decentralized exchange (DEX) like SushiSwap, the next step in how to buy meme coins is to execute the swap. Let’s walk through how to use your Ledger Nano X to swap Ethereum for Pepe (PEPE) on SushiSwap. Follow the steps below:
Now, you can also buy some meme coins directly using fiat currency on SushiSwap. As of writing, the platform supports multiple payment methods, including credit/debit cards, Google Pay, and Apple Pay.
You’ve successfully bought a meme coin from a decentralized exchange. Congratulations! The swap will take a few moments to process, depending on Ethereum network congestion. Once completed, your meme coin will be visible in your wallet.
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-v1.jpg?tr=w-400 "Ledger Alternatives Guide: Pick Safety You Can Verify")
Understanding Meme Coins
Now, you already understand how to buy meme coins from a centralized and decentralized exchange. But only knowing how to invest in meme coins might not be enough. So, let’s learn more about them!
These digital assets are a unique class of cryptocurrency, often driven by internet culture, humor, and virality. Their value stems from community enthusiasm, online hype, and social media attention. A good example is Dogecoin, which started as a joke but has grown into one of the most recognized meme coins due to celebrity endorsements and widespread online popularity.
One rising trend in the space is the new meme coins presale, where tokens are sold before their official launch. It offers investors a chance to buy into a project early, often at a discounted rate, hoping the coin will gain significant value upon public release.
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Successful presales include Book of Meme (BOME) and Solana Meme Coin Flies. Both raised substantial funds quickly due to strong community backing and hype.
By the way, what’s the difference between meme coins and traditional cryptocurrencies? Simply put, they operate quite differently from cryptocurrencies.
Bitcoin (BTC), for example, has a fixed supply of 21 million coins and is designed to be a store of value akin to digital gold. Meme coins, on the other hand, typically have a much larger supply with fewer limitations, making them more susceptible to inflation.
Additionally, cryptocurrencies like Bitcoin and Ethereum are built on fundamental technologies - the former as a decentralized currency and the latter for smart contracts. Meanwhile, meme coins rely on their cultural appeal and speculative nature. This makes them more volatile but also highly lucrative for those who can capitalize on their rapid price movements.
Popular Meme Coins in 2025
When talking about how to buy meme coins, you might wonder if there are meme coins worth investing in 2025. Well, I’ve researched and compiled several popular meme coins. Let’s find out!
Dogecoin (DOGE)
The original meme coin, Dogecoin, has maintained its place as a popular cryptocurrency. Despite its humble beginnings, it’s now widely accepted for payments by some retailers and remains popular due to its active online community and endorsements from figures like Elon Musk.
At the time of writing, DOGE is still the biggest meme coin based on market cap at around $33 billion. DOGE's circulating supply as of August 2025 is 150,483,066,384 coins.
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With a market cap that's still huge and a massive supply of coins in circulation, Dogecoin has really proven it's here to stay, cementing its unique spot in the crypto world.
Shiba Inu (SHIB)
Often dubbed the "Dogecoin killer", Shiba Inu launched as an Ethereum-based token and rapidly gained attention. What started as a meme coin has grown into a more comprehensive ecosystem, including decentralized exchanges and staking options, which gives it more utility than its competitors.
SHIB is one of the most popular meme coins with a market cap of around $7 billion at the time of writing. You can easily buy SHIB on popular exchanges like Binance, Bybit, and Kraken.
Pepe (PEPE)
Inspired by the famous meme character “Pepe the Frog”, Pepe is a cultural phenomenon in the crypto world. It has gained a large following, thanks in part to its strong ties to meme culture. Despite lacking a solid utility, its popularity has led to significant price gains.
As of August 2025, PEPE's market cap is at around $4 billion with a circulating supply of 420 trillion coins. While it has limited practical use cases, its unique branding and strong community have cemented its place among the top meme coins.
Dogwifhat (WIF)
Dogwifhat has become a sensation recently, skyrocketing in popularity thanks to its strong community on platforms like Telegram. With a notable presence on social media, dogwifhat aims to replicate Dogecoin's success by fostering a meme-centric community.
As one of the most popular Solana meme coins, WIF has established itself as a worthy option for those interested in buying meme coins. But at the same time, this means that WIF also has limited practical use, so keep this in mind before investing.
Bonk (BONK)
As the first meme coin built on the Solana blockchain, Bonk has become a key player in the ecosystem. Its fast transaction speeds and low fees have made it attractive to users who want to explore decentralized finance (DeFi) and meme coins without the high gas fees associated with Ethereum.
At the time of writing this guide, BONK's market cap is around $1,9 billion with a 24H trading volume of $145 million.
Keep in mind that the cryptocurrency price is very volatile, especially for meme coins. To keep up with the market movement, check out BitDegree Crypto Tracker for more comprehensive data about your favorite coin.
If you're wondering how to find new meme coins presale early, keeping an eye on community-driven projects is key. Platforms like Solana and Ethereum host many presale events, where developers raise funds for their projects by selling tokens before the official launch.
Best Places to Buy Meme Coins
Aside from knowing how to buy meme coins and a list of the popular ones to purchase, you might want to know the best places to buy meme coins. Popular options for where to buy meme coins include Binance, Bybit, and Kraken, each offering unique features and advantages.
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With that being said, let's take a closer look at these exchanges.
Binance
One of the best places to buy meme coins is Binance. It is one of the largest cryptocurrency exchanges in the world based on liquidity. You can find an extensive selection of assets, including popular meme coins like Dogecoin and Shiba Inu. With its high liquidity, it is easy to buy and sell tokens quickly on Binance, even during peak trading times.
Binance offers various features such as spot trading, futures, staking, and an intuitive mobile app. Additionally, if you're wondering how to find new meme coins early, Binance Launchpad can be a helpful option. It provides access to new projects, including meme coins presale opportunities.
Bybit
The next best place to buy meme coins is Bybit, a versatile exchange that supports derivatives trading. It also provides an easy way to purchase meme coins like Pepe and Dogecoin through its spot trading as well as the instant buy feature.
Bybit’s interface is user-friendly, and it provides competitive trading fees, which is why it's a favorite among active traders. Plus, the platform supports copy trading and trading bots, which help users automate trades or replicate the strategies of successful traders.
Kraken
Kraken is renowned for its focus on security and regulatory compliance, making it a trustworthy choice for users who prioritize safety. It has been operating since 2011 and offers spot trading and futures contracts.
The exchange allows users to trade meme coins, including Bonk, with easy fiat-to-crypto conversion options. Thus, Kraken is considered another of the best places to buy meme coins. Plus, its intuitive platform suits both beginners and experienced traders, and it supports multiple payment methods, including bank transfers and wire deposits.
MEXC
MEXC is a global cryptocurrency exchange known for its wide selection of digital assets, competitive fees, and beginner-friendly interface. It supports over 4000 cryptocurrencies, making it one of the most diverse exchanges in the market.
This extensive range includes a vast number of meme coins, from well-established names like Dogecoin and Shiba Inu to trending newcomers, giving traders early access to emerging tokens.
MEXC is also praised for its high liquidity, ensuring smooth and quick transactions even during volatile market periods. This is a crucial factor for meme coin trading. Its advanced trading tools, responsive mobile app, and frequent token listings make it appealing to both casual and active traders.
Additionally, MEXC offers spot, futures, and staking options, allowing users to diversify their strategies. For those seeking to capitalize on meme coin trends, MEXC’s variety, speed, and accessibility position it as one of the best platforms to buy them.
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|---|---|---|---|
| Beginners | Advanced Users & Beginners | More Advanced Users | |
| United States, Germany, United Kingdom, France, Canada, + 190 more | Turkey, Argentina, Vietnam, Ukraine, + 180 more | South Korea, United Kingdom, Ukraine, Turkey, +160 more | |
| All Kraken Coupons | See All Coupons of Best Exchanges | See All Coupons of Best Exchanges | |
| One of the best crypto exchanges, especially in the US. | One of the leading crypto exchange platforms in the industry. | A popular crypto derivatives exchange with some super-low trading fees. | |
| Supported ✅ | Not Supported ❌ | Not Supported ❌ | |
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Table: Comparison between Binance, Bybit, and Kraken
Overall, these exchanges not only offer a variety of options for purchasing and trading cryptocurrencies, including meme coins, but also feature additional services. For example, they help you engage with the broader crypto ecosystem, from staking and trading bots to discovering new meme coins presale opportunities.
How to Find the Next Meme Coin
Now you already understand how to buy meme coins and the places where to buy meme coins. Yet, let's say you want to know how to find the next meme coin that might go viral. Thus, you should consider several tips.
Monitor Social Media Trends
The first tip on how to find the next meme coin is to follow social media trends related to monitoring upcoming meme coins. They often rise to fame thanks to social media buzz. Platforms like Twitter (X), Reddit, and TikTok are hotspots for early discussions about potential options.
A growing number of mentions can indicate that a coin is gaining momentum, and getting in early can make all the difference.
Assess Community Engagement
One key factor to consider in how to find the next meme coin is the community behind a meme coin. Coins with strong, active communities are more likely to succeed because their growth depends on people promoting and believing in them.
Look for passionate and engaged users on forums and social channels. They’re the backbone of any successful meme coin.
- Secure and reliable
- Accepts fiat currencies
- Lots of trading options
- Reputable exchange
- Accepts fiat currencies
- Offers various trading options
- Accepts fiat currencies
- Simple to use
- Supports only trusted cryptocurrencies
- A leading cryptocurrency exchange platform
- Best for all type investors
- Accepts fiat currencies
- Beginner-friendly
- Secure
- Decent trading and withdrawal fees
- Crypto.com Visa Card
- Automated tools & bots
- Ecosystem synergy with CRO
Evaluate the Tokenomics
Tokenomics can make or break a meme coin. Pay attention to factors like total supply, liquidity, and how tokens are distributed. A coin with a fair distribution and a reasonable supply will likely gain value over time. Meanwhile, poorly structured tokenomics can make it prone to sudden drops.
Healthy tokenomics often include locked liquidity, transparent team allocations, and low whale concentration. Keep in mind that these signs are rare in most meme coins, so spotting them can help you separate potential gems from short-lived hype.
Finding the next meme coin is all about watching trends, understanding the community, and assessing the fundamentals. While the potential rewards are enticing, remember that meme coins are inherently risky, and it’s essential to do your own research before diving in.
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Conclusions
Wrapping up, the world of meme coins is exciting, but it can also be challenging, especially with the range of options available in recent years. If you’ve been wondering how to buy meme coins, the steps are relatively easy once you get the hang of it.
Throughout your investing journey, keep in mind that meme coins thrive on community enthusiasm and online trends. This makes them unique compared to traditional cryptocurrencies. If you're intrigued by their dynamic nature, exploring presales and new listings could be your ticket to discovering the next big hit in the meme coin space.
Once you get some meme coins, you can safeguard your investments by taking the necessary precautions, such as using reliable wallets like Ledger Flex and Trezor Safe 5.
In the end, knowing how to buy meme coins is just the beginning. As you dive deeper into the crypto world, you'll find that it's all about balancing risk with potential rewards. Approach your investments with care, stay informed, and who knows? You might just find yourself at the forefront of the next meme coin phenomenon.
The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.
Scientific References
1. S. Hägele: 'Centralized exchanges vs. decentralized exchanges in cryptocurrency markets: A systematic literature review';
2. A. Barbon, A. Ranaldo: 'On The Quality Of Cryptocurrency Markets: Centralized Versus Decentralized Exchanges'.
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