Meme coins are among the most popular tokens today, becoming one of the largest narratives in crypto. Whether you're intrigued, or just want to join in the fun, this article will show step by step how you can buy meme coins.
Spoiler alert: with the Magic Eden Wallet, you’ll be swapping meme coins in no time.
Why are people buying meme coins anyway? For some, it’s the thrill of speculation. For others, it’s about being part of a community rallying around a playful, often absurd, concept. Whatever your reason, meme coins are undeniably one of the most exciting and entertaining niches in the crypto world. Ready to start your journey? Let’s go.
Inspired by witty internet memes, meme coins are simple cryptocurrencies created to be humorous, playful, and possible to trade.
Most often they’re just memes by themselves as they usually offer no utility other than the joy of speculating on the market. Also, it’s an entertaining way for a community to gather and interact with a common meme-related interest and, if you’re lucky, become a successful trader.
Often simlilar tokens are released on different blockchains. Each blockchain has its quirks, but the differences often boil down to transaction speed and cost. For instance, Solana and Base transactions are typically cheaper and faster. We've written overviews on top Solana meme coins and Base meme coins, which offer a great overview beyond just price and market cap.
The biggest meme coins are traded on central exchanges like Coinbase and Binance. But to purchase newly launched meme coins (or smaller ones), you will likely need to purchase them on dApps or use a wallet's built in swap functionality.
A great example is the Magic Eden Wallet, which lets you buy meme coins from several different blockchains through its ‘Swap’ feature. Eventually, you will be able to have a cross chain swap without needing to bridge back and forth between chains.
Now that you’ve got the basics down, here’s a simple, step-by-step guide to buying meme coins using the Magic Eden Wallet.
Let’s go through a step-by-step guide on how you can buy your first meme coin. We will use Magic Eden's own swap features as an example.
Head on over to the official Magic Eden Wallet website and choose the version you want to install. You can choose between a browser extension and a mobile version, available for both iOS and Android. Download the app and set up your wallet.
Make sure you copy down your seed phrase, set a secure password and make sure you keep it in a safe place - it’s not a meme that you can forget easily!
You’ll need some crypto to get started. The wallet offers two simple ways to fund your account:
The Magic Eden Wallet uses third-party providers like MoonPay to enable fiat-t-crypto purchases, so the fees depend on the provider in question. Once your wallet is funded, you’re ready for the fun part: meme coins.
Under the ‘Swap’ option in the ‘Trade’ tab, select the crypto you own and the meme coin you’d like to buy. For this example, let’s say you’re interested in Based Brett (BRETT), a meme coin on the Base blockchain.
Enter the amount you want to buy or the amount you’re willing to spend. The Magic Eden Wallet automatically calculates the equivalent value in fiat or crypto.
Of course, you can select any token, including AI meme coins.
Some meme coins exist on multiple blockchains. For example, BRETT is available on Ethereum and Base. Ensure you’ve selected the correct blockchain by checking the small icon on the meme coin’s thumbnail.
Before finalizing your purchase, review all details carefully. Magic Eden offers advanced settings (accessible via the filter icon) where you can adjust options like slippage percentage—the acceptable price difference during the transaction. Double-check everything to ensure accuracy.
When you’re happy with all the settings of your purchase, click on ‘Swap’ and you’re good to go! Your meme coin will show up in your wallet shortly, bringing all the excitement along the way.
You’re free to browse elsewhere or do other things in the wallet or your kitchen while the process takes place–you’ll be notified when it’s done.
If you’re looking for more meme coins, the Magic Eden Wallet is the best place to start. You can buy and sell crypto, swap tokens, and keep track of your collection.
For a fuller Web3 experience, connect the wallet to the Magic Eden marketplace and discover Runes and NFTs powered by different blockchains.
Download the Magic Eden Wallet today to get started and discover the world of Web3.
You can purchase meme coins through the Magic Eden Wallet. When you download and set up the wallet, fund it with your crypto of choice, then swap that crypto for the meme coins you want.
Double-check that you’ve chosen the right blockchain and that you’ve entered the correct amounts, then confirm your transaction. It’s as simple as that!
The Magic Eden Wallet offers a cheap and simple way to get meme coins. You can choose between different blockchains and a myriad of meme coins that you can swap for cryptoassets or for any other token you own.
You can also track your collection from the wallet’s interface, as well as connect your wallet to their Magic Eden marketplace to discover other exciting opportunities in the Web3 world.
Before meme coins are listed on exchanges, you can either get them through presales, crypto launchpads, and popular coin aggregators. However, you should always keep your eyes peeled and do your own research, as not all meme coins are trustworthy.
Usually, launchpads have ways of vetting meme coins that are sold there before listing, so this is a good starting point if you’re a newcomer to the space or simply uncertain.
The information provided on this website is provided for general educational purposes only and is in no way financial or investment advice. Certain information may have also been provided to us or prepared by third parties; these materials are provided for convenience and are not an endorsement by Magic Eden. Magic Eden is not liable for any errors, changes or amendments to such information, including any actions taken in reliance on such information.
