How to Buy Memecoin (MEME) with Credit or Debit Card

MEME, a cryptocurrency inspired by internet memes, falls under the category of memecoins alongside established names like Dogecoin (DOGE) and Shiba Inu (SHIB). While its origins lie in cultural trends, MEME boasts a dedicated community of cryptocurrency enthusiasts.

Technically, MEME operates on both the Ethereum and BNB Chain networks, mirroring another popular memecoin, FLOKI. Its dual functionality allows MEME to exist as either an ERC-20 token (on Ethereum) or a BEP-20 token (on BNB). 

This characteristic grants MEME the ability to utilize smart contract functionality inherent to its host platforms, potentially enabling the creation of new tokens within the MEME ecosystem. 

Curious participants can obtain MEME on CEX.IO, a popular crypto exchange that supports buying crypto via various payment methods, including credit cards, debit cards, e-wallets, and popular bank transfer gateways like SWIFT and SEPA. 

In this guide, we explore how to acquire MEME with a credit or debit card on CEX.IO. 

How to buy MEME on CEX.IO: A step-by-step guide

For users with a deeper understanding of cryptocurrency markets, CEX.IO offers Spot Trading. This allows experienced enthusiasts to utilize their knowledge and strategies by directly trading MEME against fiat currencies (USD) and stablecoins USDT (Tether). 

However, the most intuitive way to obtain MEME is through Instant Buy. This user-friendly functionality allows users to seamlessly link their web crypto wallet, courtesy of CEX.IO, with the preferred payment method. In this example, we explore how to buy MEME with a credit or debit card on CEX.IO through Instant Buy: 

1. Create an account on CEX.IO or log in. 
2. Provide the requisite information to verify your account. 
3. Navigate to Instant Buy from the dashboard. Alternatively, you can locate this functionality under the Products menu. 
4. Select the fiat currency you wish to use for purchasing MEME. The available currencies are USD, EUR, and GBP. 
5. Choose MEME from the list of vetted assets and click Buy Crypto Instantly. 
6. Enter the amount of fiat you wish to spend or choose from predefined denominations. 
7. Select credit/debit card as the preferred funding method. 
8. Enter your card number and expiration date. 
9. Review all transaction details before proceeding. 
10. Confirm your MEME purchase following the on-screen instructions. 

For a mobile experience, eligible customers can choose the CEX.IO crypto app and complete the following actions: 

1. Download and install the app from your iOS or Android store. 
2. Log in using your credentials and navigate to the Wallet tab. 
3. Click Buy, and select MEME from the list of available assets. 
4. Select a preferred payment method (credit or debit card)
5. Choose between a predetermined pack, or enter a desired amount under You Pay/Get. 
6. Follow the posted instructions to complete the MEME purchase. 

Payment methods to purchase MEME

To accommodate the diverse preferences of our user base, CEX.IO extends its services beyond traditional credit and debit card payments for MEME acquisition. The available funding methods include: 

• PayPal
• Google Pay
• Apple Pay
• Neteller
• Skrill
• Bank transfers (SEPA and SWIFT)
• Other cryptocurrencies 

To ensure a seamless purchasing process, CEX.IO provides clear and concise on-screen instructions for each available payment gateway. This user-centric approach ensures that customers will have the necessary guidance to complete their MEME purchase with confidence, regardless of the chosen method.

Disclaimer: Please note that the availability of specific payment gateways on CEX.IO may be subject to change based on local regulations. We encourage enthusiasts to conduct their own research to ensure their chosen method of payment is available in their jurisdiction.

How to create a MEME wallet?

CEX.IO eliminates the need for creating separate wallets for each supported cryptocurrency, including MEME. We offer a convenient all-in-one wallet solution, making CEX.IO a one-stop shop for cryptocurrency enthusiasts seeking a seamless entry into the crypto market.

The moment a user registers and successfully verifies their CEX.IO account, they receive a complimentary MEME wallet. However, CEX.IO goes beyond simple asset storage. By verifying their account, enthusiasts become eligible to participate in our savings* and staking* programs, potentially earning rewards on their MEME holdings. This integrated wallet empowers customers to buy, sell, trade, and convert MEME. 

Additionally, European Economic Area (EEA) residents can apply for a CEX.IO crypto debit card, which allows eligible participants to seamlessly spend their MEME like any other fiat currency for in-store and online purchases.

*Disclaimer: While CEX.IO offers a comprehensive suite of staking and savings programs for various cryptocurrencies, MEME is currently not included in these offerings.

We encourage interested users to explore the diverse range of cryptocurrencies available for staking and savings on our platform. Our website provides detailed information on each program's eligibility requirements and potential rewards.

By staying informed about our evolving offerings, users can make informed decisions to optimize their cryptocurrency holdings on CEX.IO.

FAQ

Where can I buy MEME?

Interested parties can acquire MEME through centralized (CEX) and decentralized (DEX) exchanges, each carrying unique advantages and disadvantages. However, for beginners venturing into the cryptocurrency market, CEXs may be a better fit. 

Unlike DEXs, which require a certain level of technical expertise, centralized exchanges like CEX.IO offer a user-friendly experience with easy-to-navigate interfaces. 

Additionally, many CEXs allow direct purchases of cryptocurrency using traditional fiat currencies (USD, EUR, GBP) through convenient methods like credit cards, debit cards, or even bank transfers. This eliminates the need for pre-existing crypto holdings, simplifying the process for newcomers.

What are the fees to buy MEME?

Acquiring MEME involves several fee considerations. Direct purchases may offer convenience but often come with additional charges. Payment method fees vary, with credit/debit card deposits typically incurring higher fees ranging from 2% to 5%, while bank transfers often have lower fees but longer processing times. 

In addition, every exchange has its own fee schedule and may charge between 0.1% and 0.25% per transaction, along with potential deposit and withdrawal fees. 

To get the best value when acquiring MEME, thorough research and comparison of fees across different platforms is crucial. Understanding the cost structure beforehand allows enthusiasts, especially beginners, to make informed decisions and potentially minimize the impact of fees on their overall MEME acquisition experience. 

Can I buy MEME in the U.S.?

Currently, MEME is not available for purchase by the U.S.-based users due to regulatory restrictions and compliance requirements. However, there are still numerous opportunities to explore the cryptocurrency market. Curious participants may explore our comprehensive list of over 30 cryptocurrencies that are available for purchase in the U.S.