In the year 2022, ApeCoin is expected to be among the hottest crypto assets on the market. This ERC-20 token is backed by the same team that created the hugely successful Bored Ape Yacht Club NFT collection. Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation.

• Search for “Bitcoin“, a long string of numbers and letters will appear – this is your Bitcoin deposit address.
• The ApeCoin DAO oversees and manages the Ape Foundation, which runs ApeCoin.
• Yuga Labs, the company behind Bored Ape Yacht Club, has built a huge community of enthusiasts through events and airdropping new NFTs to its members, etc.
• Select the fiat currency according to your country and then select Apecoin crypto to buy from the list.
• This exchange is part of the Binance Group, which ensures a high standard of quality.

Please include your full name in your bank transfer’s Reference/Remark section. To register, visit the Binance website and click on the «Register» button at the top right-hand corner of the page. You will then be prompted to enter your email address and create a password. You can also use the main sign-up with an email or phone option.

How To Buy ApeCoin (APE) – 4 Steps – Buy APE Token

Considering the price of over $10 per ApeCoin at the time of writing, this amounts to $100,000. Then again, this still works out to be less expensive than what you would have to pay if you wanted to purchase a Bored Ape Yacht Club NFT on the open market. ApeCoin tokens are fungible, unlike their NFT counterparts, which has to do with NFT tokens being non-fungible. Accordingly, as with the other cryptocurrencies like Bitcoin or Ethereum, each APE token is worth the same amount as the previous token. It should be noted, however, that according to CoinMarketCap, some 1 billion APE tokens have been created, and only around 28% of them are in circulation at the time of writing. There is no doubt that Coinbase is one of the easiest places to trade cryptocurrencies because it’s user-friendly and offers an easy-to-use interface.

• These marketplaces typically use  escrow to enhance security, but it’s still advisable to only trade with users with high trust ratings.
• A Decentralized Autonomous Organization (DAO) in crypto is like a venture capital fund comprised of crypto enthusiasts and investors.
• You can click on the bars icon next to the limit button to display the price chart of your selected crypto convert pair.
• The Bored Ape Yacht Club has launched ApeCoin (APE), its own cryptocurrency, and if you’re looking to get your hands on these tokens with immense potential, then this guide is for you.

Finally, make sure to transfer your APE tokens from the exchange to your personal, non-custodial crypto wallet that supports ApeCoin. By securing your tokens in your own wallet as opposed to on an exchange, you can avoid losing your assets in case of an exchange bankruptcy or a hack. Buying ApeCoin works in the same way as buying any other cryptocurrency.

Can I Buy ApeCoin (APE) with Skrill?

Currently, Binance, Coinbase, and Kraken are among the largest exchanges supporting APE. Because Uniswap is a decentralized exchange similar to IDEX, Etherdelta, etc, there are a few steps you need to take to make sure you understand the process of swapping ETH for APE. Uniswap has experienced an intraday increase of 4.39%, trading above its 200-day simple moving average. Beyond financial gains, the decentralized exchange has strategically expanded its user support and market reach.

Transfer BTC From Coinbase to MEXC

A bet on ApeCoin is a bet on Yuga Labs, as well as NFTs and Ethereum’s blockchain as a whole. That being said, Bored Ape Yacht Club set the standard in the NFT industry and is clearly the top dog. The project continues to innovate and add utility to its ecosystem.

Kraken – The oldest cryptocurrency exchange to trade ApeCoin

Launched in 2022, ApeCoin is the official token for the APE ecosystem, a new decentralized community built around the Bored Ape Yacht Club brand. ApeCoin’s aim is to empower the community to propose, vote on, and contribute to new projects and services within the ecosystem across art, gaming, and culture. APE tokens were distributed to BAYC and MAYC holders in March, 2022 and are used to determine how the funds in the ApeCoin DAO Ecosystem Fund are deployed. Because Ape Coin is an ERC-20 coin this means you can only buy it on exchanges that are ERC-20 compatible. Having said that there could be wrapped versions of the token on exchanges that belong to non-Ethereum blockchains.

After you get verified, you need to deposit funds for purchasing ApeCoin. Known as «hot storage» wallets, software wallets store tokens and coins on an online cycle analytics for traders account. Software wallets aren’t as secure as hardware wallets, but they’re free and can typically store more types of assets than hardware wallets.

In case you purchase cryptocurrency through the card, your purchase will take no time, but the fees will be charged higher than the usual. If you make payment through the bank account transfers, it can take up to 7 days to receive your coins, but it will surely be cheaper than your card purchase. After you get the ETH or BTC or USDT, you can convert it to ApeCoin. You need to gain access to the reputable cryptocurrency exchange first to make sure that everything is safe and sound. To buy ApeCoin, you need to deposit funds into your Binance account.