Memecoin (MEME) is the ERC-20 token issued by Memeland, the web3 studio built by the team behind 9GAG, and you can buy it on LeveX in two ways: on the spot market as an outright holding, or through perpetual futures if you want leverage or the ability to go short. This guide walks through both. If you are still weighing the decision, our look at whether MEME is worth buying sets out the bull and bear cases before you commit capital.
Both routes use the same LeveX account, so funding once gives you access to either.
What Is MEME?
Memecoin launched on 3 November 2023 with a fixed supply of 69 billion tokens and documentation that states outright it has no utility, no roadmap and no promise of return. It settles on Ethereum as a standard ERC-20 contract, which means every transfer outside an exchange costs gas.
The distribution is what makes it unusual. A quarter of the supply was airdropped to holders of Memeland's NFT collections and to people who farmed points through social quests, which gave the token a wide holder base on day one. The MEME supply breakdown covers how the remaining allocations vest, and the three Memeland NFT collections explain where the original community came from.
Treat MEME as a speculative, attention-driven asset. It has no revenue, no yield and no mechanism that supports a price floor, so position sizing matters more than it would for a large-cap token.
Buying MEME on the Spot Market
Spot buying gives you the tokens outright with no leverage and no liquidation risk. The MEME-USDT pair is the route.
- Create and verify your account. Register on LeveX and complete identity verification. The getting started guide walks through the process if this is your first LeveX account.
- Fund the account with USDT. Deposit crypto from an external wallet or buy USDT directly with a card or bank transfer through the fiat gateway. Our deposit guide covers both routes.
- Open the MEME trading pair. Navigate to MEME-USDT on the spot market.
- Choose your order type. A market order fills immediately at the best available price. A limit order lets you set the price you are willing to pay and waits for the market to reach it. Given MEME's thin order book, limit orders often produce better fills, especially outside peak trading hours. The order types explainer covers the differences.
- Enter your amount and confirm. Review the quantity, the price and the fee before submitting.
- Decide where the tokens live. Leaving them on LeveX is simplest for a position you plan to trade. If you intend to hold long term, the MEME wallet options compare hardware and software storage, along with the Ethereum gas costs that make withdrawing a small position expensive.
Trading MEME Perpetual Futures
Perpetual futures let you take a leveraged position in either direction without holding the token. Shorting is the reason many traders use this market for MEME specifically.
- Move funds to your futures account. Transfer USDT from your spot balance to the futures wallet inside your LeveX account.
- Open the MEME contract. Go to MEME perpetual futures.
- Set your leverage. Start low. MEME's volatility means the distance to liquidation shrinks quickly at higher multipliers, and the margin and leverage guide explains how the calculation works.
- Choose long or short. Long profits from a rise, short from a decline. Perpetual contracts have no expiry, so positions can be held as long as margin allows.
- Attach a stop-loss and take-profit. Do this at entry rather than later. LeveX supports stop-loss and take-profit orders tied directly to the position.
- Monitor funding. Perpetuals exchange periodic funding payments between longs and shorts, which accumulate on positions held for extended periods.
Anyone building a repeatable approach should read our breakdown of MEME trading strategies, which covers what works in a market this thin and what tends to fail.
Why Choose LeveX for MEME Trading
LeveX lists MEME on both spot and perpetual futures from a single account, so you can hold, hedge or reverse a view without moving assets between platforms. That matters for a token whose price can turn within hours.
Multi-Trade mode lets you run several positions on the same pair at once, each with its own leverage, margin and exit levels. For a volatile meme asset, that allows a longer-term position and a short-term tactical trade to coexist without one closing the other.
Beyond the tools, LeveX publishes 1:1 proof of reserves through a Merkle tree, holds the majority of assets in cold storage, and supports multi-factor authentication and withdrawal whitelisting. If you are comparing MEME against the larger names in the sector before allocating, our MEME and PEPE comparison covers how differently the two behave in a rally.
Frequently Asked Questions
What is the minimum amount of MEME I can buy?
The minimum is set by the pair's minimum order value rather than a fixed token count, and it is low enough that most traders can start with a small position. The exact figure appears on the order form when you enter an amount.
Can I buy MEME with a credit card?
Not directly. Buy USDT with a card or bank transfer through the LeveX fiat gateway, then use that USDT to buy MEME on the spot market. The two steps happen inside the same account.
Is MEME available on both spot and futures?
Yes. LeveX lists a MEME-USDT spot pair and a MEMEUSDT perpetual contract, and both are accessible from one account. The difference between spot and futures trading explains which suits which objective.
Getting Started With Your First MEME Position
Buying MEME on LeveX takes a funded account and a decision about which market fits your intent. Spot suits a simple directional holding with no liquidation risk. Futures suit leverage, hedging and shorting, at the cost of funding payments and a liquidation level to manage. Our MEME price scenarios are worth reading before you set a target, because the market-cap math shows what each level would actually require.
Whichever route you take, remember what MEME is. A token with no revenue and no floor can move sharply in both directions, so decide your exit before you enter and keep the position small enough that being wrong is survivable.
Ready to start? Buy MEME on the spot market or open a leveraged position with MEME perpetual futures. For guides to other tokens, browse Crypto in a Minute.