How to Buy PENGU via DEX and CEX

As Pudgy Penguins (PENGU) garners growing attention in the crypto space, acquiring the token has become straightforward, whether you prefer a centralized or decentralized route. 

Here’s a comprehensive guide on how to purchase PENGU through both decentralized exchanges (DEX) and centralized exchanges (CEX).

How to Buy PENGU on a Centralized Exchange (CEX)

Among the easiest ways to buy PENGU is via a trusted centralized exchange. Bitrue is one of the prominent CEX platforms where PENGU is available, offering a streamlined and user-friendly purchasing experience.

Read also: Pudgy Penguins (PENGU) Price Prediction 2025 – Monthly Analysis

Steps to Buy PENGU on Bitrue:

1. Create an Account and Complete KYC
   
   Start by registering on Bitrue. Completing the mandatory Know Your Customer (KYC) verification ensures account security and unlocks full trading functionality.
   
    
2. Deposit Funds
   
   Fund your Bitrue account by depositing fiat currency (such as USD, EUR) via bank transfer or by transferring cryptocurrency like USDT from another wallet.
   
    
3. Locate PENGU
   
   Use the search bar on Bitrue’s spot trading platform to find Pudgy Penguins (PENGU). Verify that you are selecting the correct trading pair, often paired with stablecoins like USDT.
   
    
4. Execute Your Purchase
   
   Choose the amount of PENGU you wish to purchase, confirm the transaction details, and execute the trade. Bitrue offers both market and limit order options to suit your trading preference.
   
    
5. Secure Your PENGU Tokens
   
   You may choose to store PENGU directly on Bitrue or transfer it to a personal non-custodial wallet for enhanced security and control.
   
    

Bitrue provides a reliable and efficient gateway for users looking to enter the Pudgy Penguins ecosystem without navigating blockchain complexities.

Read also: PENGU Price Prediction: Looking at Its Price After the Rally

How to Buy PENGU on a Decentralized Exchange (DEX)

For those who prefer complete ownership over their assets, purchasing PENGU through a decentralized exchange remains an attractive option. This method requires a few additional steps but ensures non-custodial control over your tokens.

Steps to Buy PENGU on a DEX:

1. Set Up a Compatible Wallet
   
   Download a crypto wallet like MetaMask or Trust Wallet that supports the blockchain network on which PENGU operates.
   
    
2. Acquire Base Currency
   
   Purchase Ethereum (ETH) or Binance Coin (BNB)—depending on PENGU’s network—through a centralized exchange like Bitrue or another provider.
   
    
3. Transfer Funds to Wallet
   
   Send the ETH or BNB from your exchange account to your personal wallet.
   
    
4. Connect Wallet to a DEX
   
   Use a DEX like Uniswap (for Ethereum-based tokens) by connecting your wallet securely to the platform.
   
    
5. Swap for PENGU
   
   Input the verified smart contract address of PENGU if it is not automatically listed. Swap your ETH or BNB for PENGU tokens.
   
    
6. Confirm Transaction
   
   Approve the transaction, pay the necessary gas fees, and finalize the swap. Your PENGU tokens will appear in your wallet once the transaction is confirmed on the blockchain.
   
    

Decentralized exchanges offer maximum autonomy but require careful attention to details like smart contract addresses and transaction fees.

Read also: Can Pudgy Penguin Price Rise After the New Whop Campaign? A Complete Guide to Earning Money

Quick Comparison: CEX vs DEX

Key Reminders

• Always verify the official smart contract address of PENGU before conducting any transaction on a DEX to prevent falling victim to fraudulent tokens.
  
   
• When using Bitrue, ensure your account security with two-factor authentication (2FA) and withdrawal whitelists.
  
   
• Gas fees on DEXs fluctuate based on network congestion; always review them before confirming swaps.
  
   

This methodical approach ensures you can safely and confidently purchase Pudgy Penguins (PENGU) through a platform and strategy that best aligns with your goals—whether you prioritize simplicity through Bitrue or full autonomy via decentralized exchanges.

Read also: Earn PENGU Staking Rewards

FAQ

1. What is the easiest way to buy Pudgy Penguins (PENGU)?

The easiest method to buy PENGU is through Bitrue, a centralized exchange that offers a seamless registration process, KYC verification, and straightforward trading with fiat or cryptocurrencies like USDT.

2. Do I need to complete KYC to buy PENGU on Bitrue?

Yes, completing Know Your Customer (KYC) verification on Bitrue is mandatory before you can fully access trading features and purchase PENGU securely.

3. Can I store PENGU tokens on Bitrue after purchasing?

Yes, Bitrue allows you to hold PENGU directly within your exchange account. However, for enhanced security and full asset control, transferring PENGU to a personal non-custodial wallet is recommended.

4. How do I buy PENGU using a decentralized exchange (DEX)?

To buy PENGU via a DEX, you must set up a wallet like MetaMask, fund it with ETH or BNB, connect to a platform like Uniswap, and swap for PENGU by verifying the correct smart contract address.

5. What security measures should I follow when buying PENGU?

Always verify PENGU’s official smart contract address when using a DEX to avoid scams. On Bitrue, enhance your account’s safety by enabling two-factor authentication (2FA) and using withdrawal whitelists.