Meme coins are all the rage in 2024. Normie Token, a Base Chain meme coin, has caught the eyes of intrigued investors looking for gains. Here’s where and how you can buy NORMIE, plus everything else you need to know.
KEY TAKEAWAYS
• In order to buy NORMIE, find a reputable exchange and sign up for an account.
• Fund your account by depositing fiat or cryptocurrencies like stablecoins.
• Lastly, select NORMIE, review the details of your trade, complete your trade, and store it in your wallet.
• Select an exchange to buy NORMIE based on fees, availability, and minimum purchase and deposit amounts.
How to buy Normie
Before we dig into the details, here’s a quick summary of the necessary steps to buy NORMIE on a centralized exchange (CEX).
1. Create an account.
2. Verify your identity.
3. Fund your account with a chosen coin (we’ve used USDT).
4. Search for and select NORMIE.
5. Enter the amount of your chosen currency to trade for NORMIE.
6. Review the order and confirm the transaction.
For those looking for a little more information, here’s this process up close. While several crypto exchanges support NORMIE, we have used CoinEx to demonstrate how to buy the trending meme coin. Here are the steps to follow.
1. If you don’t have an account yet, make sure to sign up for one on the official CoinEx page.
2. After creating your account, you must fund it before buying or trading NORMIE.
3. Choose the coin you’d like to fund your account with. Here, we have selected USDT. Enter the amount you would like to buy and select from several payment methods, including debit/credit card and Apple Pay.
4. Once you’ve funded your account, you can now click on the trading section. Select NORMIE, or search for “NORMIE” in the search box.
5. Now, you can trade your USDT (or other chosen coin) for NORMIE. Make sure to double-check the amount you want to trade, then press confirm. Now you’re a NORMIE holder! If you plan to hold Normie instead of trade, move the token to a compatible crypto wallet for safer storage.
What is NORMIE?
NORMIE operates on the Base Chain’s layer-2 rollup. The meme coin debuted in March 2024 yet quickly became one of the most sought-after tokens alongside projects including BOME, PUPS, and WIF.
Dubbed the people’s coin, Normie states its aim is to “onboard the next 1,000,000 $NORMIES.” The project claims to offer a beginner-friendly entrance to meme coin trading and widen the accessibility and opportunity within this asset class. Note that the token’s creator remains unknown; little is known about Normie’s beginnings.
As of Aug. 16, 2024, the price of NORMIE is 14,999,900% higher than its all-time low price. The meme coin has a maximum supply of one million NORMIE and a market cap of $6.16 million.
Many meme coins like NORMIE gravitate toward low-cost blockchains like Solana and Base. As a result, the transaction volume and total value locked (TVL) on the aforementioned blockchains have increased, effectively creating a proverbial digital gold rush. Base has fast become fertile ground for new economic growth, with tokens like NORMIE leading the Base Chain meme coins charge.
“You can see they’re doing like $2 million… I feel like there’s actual real adoption goin on over in Base land. This is probably meme coin adoption.”
Michael Ippolito, Blockworks Co-Founder: YouTube
What to look for before buying NORMIE Token
While it can be seriously profitable, the meme coin space is littered with crypto scams and bad actors. If you decide you are willing to accept the many risks of meme coin trading, here are a few things you should keep in mind.
1. Create a trading plan
Creating a trading plan is an important step before buying any crypto. Of course, the aim is to buy low and sell high.
We can expand on this in the example below. NORMIE made higher highs (red) and higher lows (blue) until it eventually reached its all-time high on March 26, 2024.
However, all markets must undergo corrections — they can’t trade up and to the right forever. Therefore, if you had bought on March 26, 2024, expecting the trend of higher highs to continue, you would have bought the top and be in a loss (in present circumstances as of Aug. 19, 2024). Timing the market is an important factor to consider, especially if you trade as opposed to HODL.
2. Only trade the official token
Many phishing scams will try to fraud gullible investors. Ensure that you are using the correct smart contract by confirming the address and blockchain.
- NORMIE is on Base and resides at the following address: 0x47b464edb8dc9bc67b5cd4c9310bb87b773845bd.
- Do not click suspicious emails or social media links that promise airdrops or rewards.
- If you have to add the Base blockchain to your wallet, select the correct chain ID.
Stay safe in crypto and check our comprehensive guide on how to vet scam projects in 2024.
3. Select a platform
You can use a decentralized (DEX) or centralized exchange (CEX) to buy NORMIE Token. If you use a DEX, it is important to be mindful of the slippage to ensure you get the most tokens at the best price.
On the other hand, using a CEX offers a little more security in some areas. For example, you typically do not have to worry about if you are trading the official token on a CEX. These platforms vet tokens before listing. You must also consider exchange properties like:
- Trading fees
- Minimum purchase or deposit
- Payment methods
- Supported countries
Select an exchange based on your non-negotiables. Whether you’re looking to prioritize low fees or breadth of trading features, remember never to cut corners with security.
Looking for the best crypto exchanges with the lowest fees? Check out our top picks here.
Where to buy Normie?
Here’s a quick run-through of compatible platforms supporting safe and secure Normie transactions and purchases.
CoinEx
As a global cryptocurrency exchange, CoinEx supports over 800 cryptos and provides an easy-to-use interface. The platform was established in Hong Kong in December 2017. The ViaBTC Group, well-known for running a sizable mining pool, founded the exchange. Notably, the centralized exchange offers spot and futures crypto trading without KYC. It also offers margin trading, yield farming, and staking for passive income seekers.
BingX
BingX was established in 2018. It provides trading in derivatives, spot, and copy. It sets itself apart with its social trading platform, which allows users to mimic and follow the trading moves of more seasoned traders.
Bitmart
BitMart is a crypto trading platform that lets users buy and sell over 1,500 coins and tokens. It also provides staking, lending, savings products, derivative contracts, and early access to tokens created using its token launchpad.
When selecting the top platforms to buy Normie, low fees were the primary consideration. Additionally, availability, minimum purchase, and minimum deposit amounts were also important factors. This list reflects exchanges that accommodate various users with different circumstances.
Stay safe when buying NORMIE
If you decide to buy NORMIE, it is crucial to select a safe way to do so. This means you must choose a secure platform, create a trading plan, and be wary of scams and rug pulls. Meme coins are a highly volatile subsection of the crypto asset class. Never invest more than you can afford to lose, and stay safe while chasing those gains!
Disclaimer: The article is for informational purposes only and should not be considered investment advice.
Frequently asked questions
You can buy NORMIE on a DEX or CEX. Exchanges like Coinex or BingX offer trading for NORMIE. If you want to use DEXs, Uniswap on Base supports trading as well.
Yes, there is a “NORMIE” token on Ethereum. However, this is most likely an unofficial copy of the original NORMIE Token by another creator. The official NORMIE Token is on Base chain.
Whether or not NORMIE is better than Shiba Inu (SHIB) depends on a couple of factors. NORMIE has a smaller supply, while SHIB has a hyper-inflated supply. This means that it requires a larger inflow of capital to increase the price of SHIB than NORMIE.
NORMIE is a meme coin that was created on the Base optimistic rollup. The token creator is unknown. NORMIE does not have any inherent utility and is traded on speculation alone.
Disclaimer
In line with the Trust Project guidelines, the educational content on this website is offered in good faith and for general information purposes only. BeInCrypto prioritizes providing high-quality information, taking the time to research and create informative content for readers. While partners may reward the company with commissions for placements in articles, these commissions do not influence the unbiased, honest, and helpful content creation process. Any action taken by the reader based on this information is strictly at their own risk. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
