How to Buy Pudgy Penguins (PENGU) – Step-by-Step Guide for Beginners

This guide explains how to buy Pudgy Penguins, the project's Solana-based meme coin. Learn more about the Pudgy Penguins brand

Pudgy Penguins (PENGU) is a top digital artwork project on the blockchain. The collection consists of 8,888 penguin NFTs, each with unique characteristics and traits. This guide explains how to buy Pudgy Penguins, the project’s Solana-based meme coin.

Learn more about the Pudgy Penguins brand, why its NFT collection remains popular, and what use cases PENGU provides to token holders.

How to Buy Pudgy Penguins in 4 Easy Steps

The walkthrough below explains how to buy Pudgy Penguins in under five minutes:

Key Takeaways on Pudgy Penguins

Here are some key facts about Pudgy Penguins and its native PENGU token:

Pudgy Penguins (PENGU)

How to Buy Pudgy Penguins – Step-by-Step Instructions

Beginners may need some guidance when investing in PENGU. This section explains how to buy Pudgy Penguins coin with best practices in mind.

Step 1: Create an Exchange Account

Although PENGU is one of the newest cryptocurrencies to buy, it’s listed on many major exchanges. Key factors when choosing an exchange include low fees, robust security, and deep liquidity.

MEXC is a top choice — the platform caps spot trading commissions at 0.05%, and it handles billions of dollars in daily volume. The exchange also offers institutional-grade security, including verified proof of reserves, device whitelisting, and two-factor authentication.

Visit the MEXC exchange to open an account. Enter an email address or mobile number and choose a password. MEXC users don’t need to provide personal information or KYC documents when withdrawing under 20,000 Tether (USDT) per 24-hour window.

Visit MEXC

Step 2: Purchase USDT With Fiat Money

MEXC accounts are funded with cryptocurrencies or fiat money. First-time investors use traditional payment types like Visa, MasterCard, Google/Apple Pay, or bank transfers. The payment processes immediately with competitive fees.

However, MEXC’s instant buy feature doesn’t support Pudgy Penguins — instead, investors buy USDT and trade them for PENGU on the spot exchange (which takes seconds to complete).

Click “Buy Crypto” and complete the instant buy form. Select a currency like USD or GBP and enter the purchase amount. The platform automatically selects a payment type (e.g., debit/credit card) based on the lowest transaction fee, but you can change this to the preferred method (e.g., SEPA or PayPal).

In our example, a $1,000 purchase gets 951.10 USDT, which includes fees and is close to the official spot rate.

Click “Buy USDT”, enter the payment details, and confirm — MEXC credits the USDT right away.

Step 3: Search for PENGU and Choose an Order Type

Click “Markets” from the top menu and search for “PENGU”. Two results appear — click PENGU/USDT (as you will swap USDT for PENGU).

Take a moment to glance at the trading dashboard, including the PENGU price chart, order book, market depth, and volume. Millions of dollars worth of PENGU trade on MEXC daily, ensuring that the bid-ask spread is narrow and there is minimal slippage.

To the right of the order book is the order form — this is where you buy and sell Pudgy Penguins coin.

A “market order” is selected by default, which lets you buy the coin instantly at the next best available price. This option is best for beginners and those who want the position filled immediately. A 0.05% commission per slide is applied to market orders.

Experienced traders may prefer a “limit order”, as they can choose the execution price, which can be above or below the current price. No commissions are charged when placing limit orders.

Step 4: Buy Pudgy Penguins

Select the preferred order type and enter the purchase size. The easiest option is to move the slider to 100%, assuming you want to swap all of the USDT tokens in the MEXC account for PENGU. Alternatively, type in the USDT amount manually.

Confirm the order, and it executes, the PENGU tokens appear in the MEXC account.

Note: While MEXC is one of the best cryptocurrency exchanges in terms of security and reputation, investors should withdraw their PENGU to a private wallet. Non-custodial storage eliminates counterparty risks and provides full control of the private keys.

What Is Pudgy Penguins (PENGU)?

Pudgy Penguins is more than just a cryptocurrency token — the team has built a globally recognized brand and one of the most popular NFT collections in the market. Here’s a closer look at the fundamentals.

PENGU Price History

Pudgy Penguins launched its digital artwork collection in July 2021, consisting of 8,