Pudgy Penguins (PENGU) is a cryptocurrency launched in December 2024 on the Solana blockchain, tied to the popular Pudgy Penguins NFT collection, which debuted in 2021 on Ethereum. Known for its charming penguin-themed digital collectibles, the project has evolved into a broader Web3 ecosystem, encompassing NFTs, merchandise, and community-driven initiatives. The $PENGU token serves as the native utility token, enabling governance, potential staking, and transactions within the Pudgy Penguins marketplace. PENGU aims to strengthen ties between the brand and its global fanbase, leveraging Solana’s scalability to drive adoption and expand into areas like gaming and media.
1. Create an Account
Visit the Netcoins website and click on the sign-up button. Or download the Netcoins app from the app store for mobile. Enter your email address, create a strong password, and agree to the terms and conditions. You will receive a confirmation email, click on the link to verify your email address.
2. Fund It
Choose your preferred funding method: bank wire transfer, interac e transfer, crypto deposit, or cash deposit. Follow the prompts to transfer funds into your Netcoins account. The process is quick and incurs no fees.
3. Start Trading
Why Buy PENGU
The Pudgy Penguins token ($PENGU) is an appealing investment due to its strong community-driven ecosystem, innovative brand expansion, and strategic integration within the Solana blockchain. Backed by a vibrant community known as "The Huddle," Pudgy Penguins has evolved from a popular NFT collection into a Web3-native entertainment franchise, offering $PENGU holders access to exclusive events, rewards, and potential staking opportunities. The token supports a growing ecosystem that blends digital assets with real-world merchandise sold at major retailers, alongside upcoming ventures like the Pudgy Party mobile game and Pengu Clash on the TON blockchain. With a transparent vision led by CEO Luca Netz, significant token allocations for NFT holders, and listings on major exchanges, $PENGU is well-positioned to capitalize on its cultural relevance and cross-chain expansion plans, making it an attractive choice for investors seeking both speculative and experiential value in the evolving crypto and NFT space.
How Much PENGU Can I Buy?
You can buy as much SUI as you want starting from the minimum of $10 worth on Netcoins. Using Netcoins you can deposit and trade SUI without restrictions, enabling you to build or diversify your crypto portfolio according to your needs.
What Does The Future Hold For Pengu?
Looking ahead, the Pudgy Penguins project and its $PENGU token are set to capitalize on emerging trends in Web3 by pioneering new use cases that blend decentralized finance, social engagement, and immersive storytelling. The team plans to explore innovative applications like tokenized collectibles tied to real-world events and interactive metaverse experiences, enhancing the token’s role in facilitating seamless transactions across these platforms. The Pudgy Penguins project, through its parent company Igloo Inc., is deeply involved in the development and growth of Abstract Chain, an Ethereum Layer 2 blockchain launched in January 2025, designed to simplify Web3 adoption for mainstream users.
FAQs
Why is KYC (Verification) required?
Netcoins Inc. is a licensed money service business under FINTRAC, and a registrant under the Provincial Securities Commissions, and adheres to the strict guidelines set by them for Money Transmitter Businesses and Securities Registrants. We are required to have a Know-Your-Client (KYC) process and compliance program in place. KYC is a process that allows us to verify the identity of our customers.
What do I need to provide for your verification process?
You will have to provide your email address, phone number and personal information including your first name, last name, address, date of birth and a piece of identification (like a driver’s license). Most users are verified at this point through our automated process. If you don’t pass the automated KYC process, you will have to go through an additional document verification stage. This is important and required as we are a regulated money service business.
How can I fund my account?
Your Netcoins account can be funded with a crypto deposit, Interac e-Transfer, or a bank wire transfer. Once you have funds in your Netcoins account, you’ll find that it’s super easy to buy PENGU in Canada.