How to buy FLOKI

How to buy FLOKI

Robert McDougall 

January 9, 2024

Cryptocurrency

When it comes to new coins to invest in, many crypto enthusiasts love to buy meme coins, as they have the potential for massive gains. One of the latest meme coins to gather attention is FLOKI. It was inspired by the largest meme coin, Dogecoin, and named after Elon Musk's pet Shiba Inu, Floki. 

In our comprehensive guide, we will show you how to buy FLOKI in a simple manner, with no need to set up a separate wallet or use a decentralized exchange.

Where to buy FLOKI?

If you are investing early in FLOKI, you will notice that many crypto exchanges don't yet support FLOKI. So where can you buy this popular meme coin?

Our #1 choice for buying FLOKI is MEXC Global, a top crypto exchange that makes the process extremely easy. MEXC has more than 1,520+ cryptocurrencies available, including FLOKI and many other meme coins, as well as more popular coins such as BTC, ETH, and ADA. MEXC has low trading fees, and a great welcome offer of $30 USDT and 10% off trading fees. To learn more, read our full review here.

Top 3 Places to buy FLOKI

#1

MEXC

   Best Overall  

Rating

4.9

#2

Bybit

Runner-up

Rating

4.6

#3

KuCoin

Free Trading Bots

Rating

4.4

How to buy FLOKI?

It only takes five steps to buy FLOKI. In this detailed guide, we show you how to do this from start to finish, with screenshots along the way. See an overview of the steps here, and the full process below.

Step 1: Sign up to MEXC

Step 2: Buy USDT

Step 3: Go to the FLOKI/USDT market

Step 4: Trade USDT for FLOKI

Step 5: Check FLOKI wallet for your coins

Step 1 - Sign up to MEXC

First thing to do is sign up to MEXC. If you use our link, you will receive $30 FREE USDT and 10% off trading fees, which is a nice bonus. After clicking the link, or the button below, you will see MEXC's sign-up page, as shown here.

You can register with either your email or mobile. Create a password, agree to the User Agreement and Privacy Policy, then click 'Sign Up'. 

Step 2 - Buy USDT

After passing any verification checks necessary, you will be able to use your MEXC account. In the main menu, click on 'Buy Crypto', and then when the dropdown menu appears, click 'Quick Buy/Sell'.

You will be directed to the Express Buy page, like the one below. The first step is to select your fiat currency (circled in red below) as well as the amount you wish to spend. In our example, we will choose $1,000 in US Dollars.

Then we need to choose the cryptocurrency to purchase (circled in blue). While it would be extremely convenient to simply choose FLOKI here, MEXC doesn't support instant purchase of FLOKI. Instead, we need to trade it on the market, using USDT (a stablecoin pegged to the US Dollar). This is why we buy USDT at this step.

Below this, you will see the payment method options. Click on the dropdown menu to select the appropriate one for your needs. After you have done so, click 'Buy USDT' underneath, and proceed with your transaction.

Step 3 - Go to the FLOKI/USDT market

Now that you have bought USDT, you can trade it for FLOKI. Click on 'Trade' in the menu (see green arrow below), and then click on 'Spot' in the dropdown menu.

You will be taken to the spot trading markets, where there are more than 1,520+ coins available to trade. In the search field (see red arrow below), type in FLOKI. You will see the various options for trading FLOKI, including futures and margin trading. Since we want to own FLOKI, we use spot trading, where we trade our USDT for FLOKI. Be sure that you select the correct market: FLOKI/USDT.

Step 4 - Trade USDT for FLOKI

The quickest way to buy FLOKI is to use a market order, which means that you take the best price available right now. Click on 'Market' (circled in red below), and then you can select the amount of USDT you wish to spend. When you are ready, click 'Buy FLOKI', and the order will be placed immediately. 

Since you are placing a market order, you will trade your USDT for FLOKI at whatever the current price is, so the transaction will occur straight away. If you prefer to set your own price of what to pay for FLOKI, you can use the 'Limit' order tab. To understand more about Market vs Limit orders, see our free cryptocurrency trading course for beginners.

Step 5 - Check your FLOKI wallet for your coins

Let's check to make sure that the trade was successful. Click on 'Wallets' in the top right corner of the site, and then click 'Overview' from the dropdown menu. Your screen should now look like the image below, and you can see your crypto wallets when you scroll down.

Next to FLOKI, you will be able to see how much you own (circled below in red). In the screenshot we have hidden the balances for privacy, but in your own account it will display the amount for you. Congratulations, you have now bought FLOKI! 

Frequently Asked Questions

Can I buy Floki coin on Coinbase?

No, currently you cannot buy FLOKI on Coinbase. You can use MEXC Global instead, following our simple guide above. The good news is that the price of FLOKI may rise significantly once it is listed on Coinbase. It is a good idea to buy FLOKI now before it is readily accessible to Coinbase's 103 million users.

Is FLOKI listed in Binance?

No, FLOKI is not currently available to buy or trade on Binance. Instead, we recommend you sign up to MEXC Global, a leading crypto exchange that supports FLOKI. Follow our guide above to buy FLOKI in 5 easy steps.

What exchange is Floki listed on?

FLOKI is currently listed on MEXC, Bybit, and KuCoin. We expect it to increase in value once it hits more crypto exchanges, such as Coinbase and Binance.

How much does it cost to buy Floki?

At the time of writing, 1 FLOKI coin is worth just a fraction of a cent. You can check the current exact price of FLOKI here.


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