Pepe (PEPE) is a memecoin inspired by the popular internet meme Pepe the Frog. Operating on the Ethereum Blockchain, PEPE is used solely for collection, trading, and speculation, with its creator remaining anonymous and having no connection to Matt Furie. In this article, you can find answers to two frequently asked questions: What is Pepe (PEPE) and how to buy Pepe (PEPE) with TRY.
What is Pepe (PEPE)?
Memecoins are cryptocurrencies often inspired by internet memes. The first and most famous memecoin, Dogecoin, was created in 2013, inspired by the Shiba Inu dog symbol. Memecoins are typically created as simple jokes or references without complex features or economies, but the hype around them can increase their popularity and prices, making them subjects of speculative trading.
Pepe is an example of such a memecoin. Developers launched the token on the Ethereum Blockchain without any partnerships, token sales, or complex “tokenomics.” This allows anyone to buy, collect, or sell PEPE, but it has no other functionality. The sole purpose of PEPE is to serve as a collectible and tradeable asset with no function beyond being a meme.
The Pepe the Frog meme was introduced in 2005 by cartoonist Matt Furie in the comic series Boy’s Club. Pepe is depicted as a big-mouthed, green frog who plays video games and hangs out with friends. Internet culture followers may recall Pepe appearing in various scenarios with different expressions (e.g., “sad Pepe”), but by the mid-2010s, the meme gained more controversial meanings and was accused of being adopted by far-right views. In response, Furie launched a campaign to reclaim Pepe, emphasizing the message “Pepe is love” with the #SavePepe movement. The documentary “Feels Good Man,” which covers these efforts, was shown at the 2020 Sundance Film Festival.
The PEPE coin was launched in April 2023 as an ERC-20 token on the Ethereum Blockchain. The website providing information about the coin states that it has no connection to the original Pepe the Frog creator, Matt Furie. It quickly caught the attention of the cryptocurrency world, being purchased by thousands of users and reaching a market value of $500 million within about two weeks. Currently, the developers of PEPE remain anonymous, and their real identities are unknown.
PEPE coin‘s total supply was fully released at launch, reaching 420,690,000,000,000 tokens. Initially available only in the Uniswap liquidity pool, the token can now be bought and sold on many centralized and decentralized trading platforms. PEPE has no use beyond collection, trading, and speculation.
How to Buy Pepe (PEPE) with TRY?
Binance TR is the most suitable cryptocurrency exchange for investors in Turkey who want to buy Pepe (PEPE). Binance TR allows quick account creation and offers trading for over 100 cryptocurrencies, including PEPE. Follow these steps to buy Pepe (PEPE) with TRY on Binance TR.
How to Open an Account on Binance TR?
Opening an account on Binance TR is quite easy. Visit the trbinance.com website and proceed from the “Create Account” step. In the first step of account creation, you will be asked to enter basic information such as email address, phone number, name-surname, date of birth, nationality, and T.C. identification number.
After entering the requested information completely and accurately, email/SMS verification will be done to confirm the information. After completing this process, you will proceed to the second step, identity verification (KYC).
How to Verify an Account on Binance TR?
Identity verification on Binance TR is one of the security procedures that must be completed before starting cryptocurrency trading and during account creation. This process is necessary to protect both the user and the cryptocurrency exchange. You can choose to verify from your phone or through Binance TR’s official website. Note that you will need your phone even if you choose to verify through the website.
On the Binance TR website, hover over the “Profile” option at the top right, click on “Identity Verification and Limits” from the drop-down menu, and then click “Verify.” After this step, you will need to scan the QR code that appears with your phone’s camera and continue the process on your phone. If you cannot scan the QR code, click “Copy URL” to send the identity verification address to your phone via SMS.
When you enter the address on your phone or scan the QR code, a screen like the one below will open on your phone. First, tap on the “Identity” option to continue.
Then, a screen like the one below will appear. To continue the verification process, first select the document type that suits you.
After selecting the document type, tap on “Upload front side” to continue. Take a photo of the front side of the document according to the selected document type, then tap “Upload back side” and take a photo of the back side of the document. Ensure that the images are clear and that the information in the photos is easily readable when taking photos of the front and back sides of your ID card or driver’s license.
Then tap on the “Selfie” option to continue. At this point, your phone’s front camera will open, and you will need to scan your face. Make sure your face fills the camera area as much as possible once the camera opens.
After completing all these steps accurately and completely, your identity verification process will be completed shortly.
How to Deposit TL on Binance TR?
You can easily deposit TL into your Binance TR account from all banks. You can deposit TL 24/7 from your Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, and Türkiye Finans accounts and perform transactions without interruption. For other banks, you can deposit up to 50,000 TL 24/7 via FAST. Deposits over 50,000 TL from other banks are processed during EFT hours.
To deposit money into your Binance TR account, first go to the “Wallet” option at the top left of the homepage on trbinance.com and click on the “Deposit” option from the drop-down menu.
Then a page like the one below will open, and you can continue the deposit process by selecting your preferred bank from this page. If your preferred bank is not yet integrated with Binance TR, you should continue by clicking on the “Other Banks” option.
In this example, we will continue using Vakıfbank, but the process is the same for all other banks. When you click on the Vakıfbank option, you will see an account name and IBAN address where you can make a transfer, EFT, or FAST to that bank. Now, all you need to do is transfer the amount you want to deposit into your Binance TR account using the information displayed on the bank’s page.
After your bank completes the transfer, the funds you sent will automatically reflect in your Binance TR account wallet.
How to Buy PEPE Coin with TL on Binance TR?
After the deposit process, you can proceed to the TL to PEPE coin purchase step by clicking on the “Buy-Sell” option in the top left menu on the Binance TR website.
After clicking on this option, the following page will open. You can go to the TL to PEPE purchase page by typing “PEPE” in the search section on the right side of this page and clicking on the PEPE/TRY option from the results.
Now the following PEPE trading page will open. On this page, in the area marked with a red box, you need to enter the price at which you want to buy PEPE in the first box and the number of PEPE you want to buy in the second box. After entering the amount, you can complete your purchase by clicking the “Buy PEPE” button.
What is Binance TR?
Binance, the world’s largest cryptocurrency exchange by trading volume, officially launched its platform Binance TR for cryptocurrency investors in Turkey in 2020. The cryptocurrency exchange, headquartered in Istanbul, can be accessed at trbinance.com.
Binance TR leverages Binance’s technology, security measures, and liquidity provided through the Binance Cloud infrastructure to offer both fiat-to-crypto and crypto-to-crypto trading services. Users in Turkey can seamlessly deposit and withdraw Turkish lira (TRY) directly through bank channels and trade various cryptocurrencies with TRY pairs via Binance TR.
Users are supported by Binance’s core functionalities, gaining access to market-leading spot trading liquidity, a robust matching engine, advanced security protocols, custody solutions, and risk controls through Binance TR.
