Meme coins have seen tremendous gains since the start of the year. One of them is NORMIE, which runs on the Base Chain. Its growing value has caught the eyes of crypto investors in recent weeks. Do you want to purchase NORMIE? Read this guide to learn about the buying process and everything you need to know about this meme coin.
Where to Purchase NORMIE
CoinEx
CoinEx, a centralized exchange with a presence in nearly 200 countries, supports about 750 cryptocurrencies, including NORMIE. The trading platform is operated by ViaBTC Group, a Hong Kong-based company. Notably, CoinEx offers futures and spot trading without requiring users to complete Know Your Customer checks. Other services available on the exchange include staking and yield farming. You can buy NORMIE on CoinEx at a 0.2% fee.
BingX
BingX started operations in 2018, supporting various types of trading, including copy, derivatives, and spot. The centralized exchange is popular for its massive social trading network, which comprises thousands of strategy providers and copy traders.
BingX is available in 127 countries. Its users can trade more than 300 cryptocurrencies, such as NORMIE. The trading fee is 0.1%.
Bitmart
As a Bitmart user, you can trade NORMIE and over 1,400 other cryptocurrencies. The centralized exchange operates in 103 countries and charges trading fees ranging from 0.1% to 0.4%. Besides spot trading, Bitmart offers lending, staking, and savings services.
A Step-by-Step Guide to Buying NORMIE
As you can see, NORMIE is listed on several top exchanges. In this guide, however, we will show you how to buy the meme coin on CoinEx.
1. First things first. You need to create a trading account with CoinEx. To do this, visit CoinEX.com and click “Sign Up.” Next, enter your valid email and create a password. Note that you can also sign up with Google.
2. Once you verify your email, your account will be ready for use. The next step is to fund it with USDT. You can buy this stablecoin using your credit/debit card or deposit it from an external source.
3. After funding your CoinEx account, click “Trade” and type “NORMIE” inside the search box. Once you find the meme coin, select it and specify the amount of USDT you want to spend. Review the transaction and hit “Swap” to buy NORMIE. You can check your NORMIE balance on your trading account within a few minutes.
Since it is not advisable to store your crypto in centralized exchanges, transfer your NORMIE to a compatible non-custodial wallet like MetaMask or Coinbase Wallet.
Understanding NORMIE
As mentioned earlier, NORMIE runs on the Base Chain, an Ethereum layer-2 network launched by centralized exchange Coinbase in 2023. The meme coin has quickly gained the attention of investors, who have continued to exert buying pressure, pushing it to new levels.
NORMIE’s pseudonymous creator says their target is to onboard over 1,000,000 people to Base Chain.
As of April 19th, 2024, NORMIE’s price has surged 2,956% since going live. The meme coin has a market cap of $72 million, and its token supply is capped at one million.
What to Look for Before Purchasing NORMIE
While the meme coin sector provides a serious opportunity to make massive profits, it is also filled with bad actors looking to exploit innocent investors. If you’re willing to accept the risks associated with meme coins, here are some factors you need to consider:
1. Develop a Trading Plan
Formulating a plan is a key step before investing in any crypto. A trading plan will help you understand when to exit the market.
2. Only Buy the Official Meme Coin
There are several “NORMIE” meme coins in the market today, most of which are scams. To buy the right NORMIE, check its smart contract, which ends in **AF200.
3. Choose a Trading Platform
To avoid slippage, it is advisable to trade NORMIE on a highly liquid exchange. Moreover, ensure the trading platform is secure. You don’t want to lose your NORMIE tokens to cybercriminals.
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