How to Buy PENGUIN Coin on Solana DEX: Quick Tips for More Stable and Secure Trading

If you are looking for how to buy penguin coins and want to get in early via DEX, you need two things first: understand the flow and understand the risks. The PENGUIN referred to here isNietzschean Penguin, A penguin meme coin Solana which is widely discussed. To avoid entering the wrong token, you should also check the token minting address:8Jx8AAHj86wbQgUTjGuj6GTTL5Ps3cqxKRTvpaJApump.

Key Takeaways

• The safest way to buy Penguin crypto on the Solana DEX is to start by verifying the correct token address and then proceeding with the transaction in stages.
• Buying meme coins on DEXs carries risks such as counterfeit tokens, high slippage, and thin liquidity, so it's important to follow a small and disciplined trading strategy.
• Many traders enter DEXs for early entry, then move to Bittime once trading becomes more active for a more stable experience.

Get to Know the Penguin Meme Coin on Solana and How to Check Tokens Correctly

Before discussing how to buy, let's clear up the most important thing: ensuring you're buying the right token. On Solana, tokens can be created quickly, with similar names, and even identical symbols. This leads many beginners to fall prey to fake tokens simply by following search results on DEXs.

For the Nietzschean Penguin (PENGUIN), the safest way is to assign like as a reference. The address is8Jx8AAHj86wbQgUTjGuj6GTTL5Ps3cqxKRTvpaJApump. 

When you use this address when searching for tokens on a DEX, you reduce the risk of choosing the wrong one. You can also check that the token is on the Solana network, which typically uses the Solana standard decimal, so the balance appears large, but the actual value follows the decimal.all.

To make things even neater, use this simple checklist before clicking buy:

1. Make sure you copy the token mint address from a source you trust.
2. Paste the mint address when searching for tokens on DEX, don't just type the name.
3. Compare the token name and its symbol after the token appears.
4. Check that the liquidity is reasonable. Too little liquidity often leads to price fluctuations.
5. Pay attention to the risk warnings on the swap screen, especially price impact and slippage.

If you want a more relaxed approach, think of PENGUIN as a speculative asset. Same corner It can move quickly, both up and down. So, the goal at this stage isn't to predict the peak, but rather to ensure a safe and controlled buying process.

By checking the correct token address and using a checklist, you've avoided the most common mistakes that cost people money from the very first step.

Read also: PENGUIN Meme Coin Soars 564% After White House Post Goes Viral: Market Cap Reaches $136 Million

How to Buy Nietzschean Penguin on Solana DEX: Step by Step for Beginners

Here is a general guide on how to buy Nietzschean Penguin on DEX on Solana. I have made the steps simple, because what you need is a clear flow, not complicated terms.

1. Set up a Solana wallet
   Use a crypto wallet that supports the Solana network. Ensure your seed phrase is stored offline and not shared with anyone.
2. Top up your SOL balance for transaction fees
   On Solana, you need SOL for network fees. Without SOL, swaps on the DEX won't work.
3. Send SOL to your Solana wallet
   Once you have SOL, send it to your Solana wallet address. Start with a small amount if it's your first time.
4. Open the Solana DEX via your wallet browser or the DEX website.
   Use the browser menu within your wallet, or open the DEX in a regular browser. Make sure you don't click on any strange links from comments or chat groups.
5. Connect wallet to DEX
   Press the "Connect Wallet" button, then approve the connection in your wallet. Don't accept any requests you don't understand.
6. Search for tokens using mint address
   Paste this address in the search field:8Jx8AAHj86wbQgUTjGuj6GTTL5Ps3cqxKRTvpaJApump. Make sure the token thatappear accordingly.
7. Set purchase amount and slippage
   Start small. Adjust the slippage as needed. If the slippage is too small, the transaction could fail. If it's too large, you risk getting a bad price.
8. Confirm the swap and check the results
   After the swap is successful, check the token balance in your wallet. If the tokens haven't appeared yet, add them manually using the mint address.

This step is intentionally made "safe first". For meme coins, process discipline is more important than getting in quickly.

To purchase crypto assets with a convenient process, many users choose platforms that emphasize account security. Bittime provides a clear crypto trading experience, and you can enable security features like multi-layered verification from the start.

Download the Bittime app, complete verification, enable account security, then purchase SOL as needed so you are ready to trade on the Solana network.

Read also:Hidden Gem Meme Coin 2026: Check the List Now!

The Risks of Buying Coins on DEXs and When to Move to Bittime

Buying meme coins on a DEX is tempting because you can get in early. But this section is essential reading, as the risks are real and frequent.

Here are the main risks of buying penguin meme coins on DEX, and how to mitigate them:

1. Risk of fake tokens
   The solution is always the same, use the official mint address when searching for tokens.
2. Risiko slippage dan price impact
   When liquidity is thin or crowded, prices can spike. The solution is to buy in stages and start small.
3. Risk of liquidity drying up
   If the pool is empty, it can be difficult to sell without undercutting the price. The solution is to avoid investing large sums of money and prepare an exit plan.
4. Risk of wrong network or wrong address
   The solution is to test a small transfer first, then continue after you are sure.
5. Risk of fake links and phishing
   The solution is not to click on links from unknown sources, and always check the domain carefully.

Now that you understand the risks, there's a common pattern in meme coins. Many traders use DEXs to get in quickly, but as the token becomes more popular, they seek more stable trading platforms.

Many traders use DEXs only for initial entry. But once a token becomes popular, they move to CEXs for more stable trading.

In this phase, you can consider trading throughBittime because the flow is neater for fast buying and selling, order monitoring is clearer, and the trading experience is usually more stable than on-chain swaps which are sensitive to slippage.

If you want to participate in the meme coin movement more conveniently, check the availability of PENGUIN and related assets directly in the Bittime app, then start with an amount that suits your risk limits.

Read also:What is Meme Coin: Definition, Advantages, and Disadvantages

Conclusion

Buying Penguin Coin on the Solana DEX is simple, but requires discipline. The key is to verify the correct token with the mint address : 8Jx8AAHj86wbQgUTjGuj6GTTL5Ps3cqxKRTvpaJApump, buy in stages, and understand risks such as fake tokens, slippage, and liquidity.

After the token became popular, many traders opted to move to CEXs for a more stable trading experience. Therefore, you can use Bittime as a more streamlined trading platform while maintaining position size and risk management.

How to Buy Crypto on Bittime?

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Also, visit the Bittime Blog for interesting updates and educational information about the crypto world. Find reliable articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.

FAQ

What is a Nietzschean Penguin (PENGUIN)?

Nietzschean Penguin is a meme coin on the Solana network often referred to as PENGUIN and traded on-chain via DEX.

How to buy a Nietzschean Penguin on Solana DEX?

Set up a Solana wallet, deposit SOL for network fees, connect the wallet to a DEX, search for tokens via the mint address, and then swap them in stages.

What is the correct PENGUIN mint address?

The mint address that you can use for verification is8Jx8AAHj86wbQgUTjGuj6GTTL5Ps3cqxKRTvpaJApump.

What are the risks of buying penguin meme coin on DEX?

Risks include fake tokens, high slippage, price impact, thin liquidity, and phishing via fake links.

After buying on DEX, why do many traders move to Bittime?

Because when a token is popular, trading on CEXs typically feels more stable and easier to monitor. Many traders use DEXs for initial entry and then continue trading on Bittime.