Where & How to Buy Pendle (PENDLE) for Beginners in 2025

Use our step-by-step guide to learn how and where to buy Pendle on 5+ highly rated crypto platforms.
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Updated on Feb 21, 2025
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The safest and easiest way to buy Pendle is through a cryptocurrency exchange, which functions similarly to a stock trading platform. It takes just a few minutes to buy Pendle this way. Follow our quick step guide below.

How to buy Pendle quickly in 3 steps

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To get Pendle, you need a smartphone or a computer and an internet connection. It takes 10-15 minutes the first time, and you should have some photo ID to hand. Here’s how to do it.

Step 1. Sign up to a crypto platform

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Sign up to one of the best crypto platforms to start trading. Alternatively, there are several other options to select from below. Anyway, create an account and supply a copy of your photo ID for verification.

We found 2 crypto platforms for users based in

Coinbase review
4.2
Coinbase
Min. Deposit $10
Fees Up to 0.6%
No. assets 150+
Demo account No

Coinbase review

Kraken review
3.9
Kraken
Min. Deposit $10
Fees 0.10% – 0.26%
No. assets 90+
Demo account Yes

Kraken review

Step 2. Make a deposit

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Add funds via a card payment, bank transfer or an alternative payment method. You can start with as little as $100 on most services.

Step 3. Buy Pendle token

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Locate the search box and type PENDLE. Once you locate the coin trading page, enter how much money you want to spend and hit ‘trade now’.

Now you own Pendle tokens! Not a big deal, right?

The easiest way to buy PENDLE

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The overall best platform to buy Pendle for beginners is Coinbase .

Here are the top five places to buy Pendle, ranked according to their simplicity for beginners, fees, customer reviews, and safety ratings.

  1. Coinbase: Best secure trading platform for all types of trader
  2. Kraken: Best for simple, global cryptocurrency trading from your phone

Read more about how we rate, rank and review platforms.

Best exchanges to buy Pendle (PENDLE), reviewed

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We found 2 crypto platforms for users based in

1. Coinbase. Best secure trading platform for all types of trader

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4
Ratings

$10

Min. deposit

Up to 0.6%

Fees

200

No. assets

No

Demo account

Overview

We love Coinbase because it’s the leading public crypto platform. Coinbase offers more than 170 cryptocurrencies to trade, a secure wallet to store your coins in, and automatic staking rewards on 10+ cryptos through Coinbase Earn.

Coinbase’s user-friendly platform simplifies the buying, selling, and trading processes, making it one of the top crypto exchanges for all levels of trader. But, Coinbase isn’t just an easy to use platform, it’s one of the safest and most secure. 

A public company brings transparency and renown, so you can trust that any money on Coinbase is safe and you’re sharing the platform with over 100 million other users. It stores 98% of customer assets offline in cold storage, minimizing the risk of theft. There is also insurance on all cash balances up to $250,000

The fees: Trading fees start from 0.6% but reduce the higher your trading volume. Bank transfer deposits and withdrawals are free, other payment methods may be charged. There is no fee for wallet-to-wallet crypto transactions but you will have to pay blockchain fees. Coinbase charges a 25% fee for its staking services.

Highlights

Fees & Costs

Pros & Cons

2. Kraken: Best for simple, global cryptocurrency trading from your phone

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3.5
Ratings

$10

Min. deposit

0.10% – 0.26% (volume dependent)

Fees

90

No. assets

Yes

Demo account

Overview

We love Kraken because it’s a beginner-friendly crypto trading platform, one that’s designed to make it quick and convenient to buy and sell crypto on the go. The Kraken mobile app provides access to over 200 cryptocurrencies making it one of the most diverse platforms around. 

With an intuitive interface and many advanced features, the Kraken crypto app is suitable for those just starting, or experienced traders wanting to enhance their trading experience. The Kraken mobile app caters to different trading styles and preferences with spot, margin, and futures all available. 

Kraken’s mobile app also supports up to 5:1 leverage allowing you to amplify your position and potentially increase your returns. With such a wide selection of tokens available and a solid range of features and tools, the Kraken app is one of the top cryptocurrency trading platforms while on the go. 

The fees: Kraken charges a fee of between 0-0.26% on every crypto trade. There are no costs to set up an account and no flat trading fees.

Highlights

Fees & Costs

Pros & Cons

How to trade PENDLE

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You can trade Pendle on a cryptocurrency exchange using simple steps. Here’s a quick example that clearly lays out how PENDLE crypto trading works:

  1. Monitor the price: For simplicity, let’s say the price of PENDLE/USDT is $1. You read the price charts and decide that now is a good time to start purchasing PENDLE.
  2. Open a trade: You trade one USDT for one PENDLE ($1 USD for 1 PENDLE).
  3. Continue to monitor the price: The following month, one PENDLE token is now worth $2, a 100% increase.
  4. Close your trade: You trade your PENDLE token back to USDT for $2.

In this example, you buy and sell Pendle, doubling your money (trading). While the steps are simple, executing them in a profitable way is not so easy. You need to spend countless hours learning to trade, reading charts and technical patterns, and understanding markets and margin trading, which you can do right here on Invezz.com.

What is the best way to invest in Pendle (PENDLE)?

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The simplest way to buy Pendle cryptocurrency is with your bank card. However, there are plenty of other options as well. Here are some of the top ways to pay for PENDLE.

  • Buy Pendle with a credit card or debit card. Card payments are convenient and instantaneous but you may have to pay a higher fee to make a deposit this way. Binance charges 1.8% for a card deposit and some platforms charge as much as 4%.
  • Buy Pendle with a bank transfer. A bank transfer is usually the cheapest way to buy crypto. Crypto platforms like Crypto.com and Coinbase do not charge for bank transfer deposits, while Binance only charges a $1 fee, and these transactions are more or less instant as they run through the Automated Clearing House (ACH) in the US Faster Payments System (FPS) in the UK, or Single Euro Payments Area (SEPA) in Europe.
  • Alternative payment methods. Crypto brokers often let you pay with other providers or money transfer services, like Neteller, Venmo, or Payoneer. The options vary by broker, though, so check what’s accepted before you sign up.

How do I store Pendle (PENDLE)?

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Most people keep their crypto on the exchange they used to purchase it. If you only plan to hold onto it for a little while, then that’s a perfectly acceptable option. If you want to hold it for years or you own a lot of Pendle then you should move it to a crypto wallet.

A crypto exchange is similar to a bank account in that it means trusting a company to protect your funds for you. A wallet is like your personal wallet or a safe, where you take responsibility for it yourself. Two of the best Pendle wallets to use are MetaMask and the Ledger Nano S.

Should I buy Pendle now?

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The answer depends on the current price and your own investment goals. Put simply, purchasing Pendle, selling Pendle, and trading PENDLE are all the exact same process in literal terms. It’s just your personal investing intentions that define whether ‘now’ is a good time to invest or not.

  • If you’re a trader: as a cryptocurrency trader, your goal is to make money trading regularly. What do we mean by regularly? Hourly, daily, weekly. Traders buy and sell a coin quickly to secure their profit (or to avoid a loss). They don’t #HODL a coin long-term in the hopes of larger profits. In this sense, any time is a good time to trade Pendle.
  • As a long-term investor: a long-term investor is not concerned if the price is up or down 10% on any given day. Instead, they care that the price of the native token is overall up months or years later, when they’re ready to sell that investment. So if you’re a firm believer in the foundations of PENDLE, then a good time to purchase Pendle is on any significant dip.

In our experience, most newcomers to the crypto market sit between the two. You don’t want to wait several years for a return, but buying Pendle and selling it the next day probably isn’t why you’re here either.

How has Pendle (PENDLE) performed this year?

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The current Pendle price today is $3.04, which is -59.51% versus its all time high of $7.52, which it reached on 11 April 2024. PENDLE is -53.96% this year, with a 52-week high of $7.23 and a 52-week low of $1.84. 

Regardless, closely following Pendle price news & analysis will help you decide when to pull the trigger.


Sources & references

James Knight

James Knight

Editor of Education

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James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets. His main focus is on improving financial literacy among casual investors. He has been with Invezz since the start of 2021 and has been...