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How to buy ApeCoin APE

How to buy ape coin

EUR and GBP transfers are instant, while USD wires generally take up to 2 business days to be reflected in your account. Get the most cost-efficient price across the top 10 crypto exchanges worldwide. The current ApeCoin price is $3.14 as in the last 24 hours its value has fallen by 1.82%.

How to buy ape coin

With a fixed amount of 1 billion tokens, holders of either a BAYC or MAYC (Mutant Ape Yacht Club) NFT were able to claim ApeCoin for free. BAKC (Bored Ape Kennel Club) owners were also eligible, but they had to have owned a MAYC or BAYC as well. The token allocation and distribution information to the team, NFT holders and others can be found on the ApeCoin website.

How to Sell ApeCoin?

What’s more, with hardware wallet, you don’t need to rely on third party custodians. The Ledger Nano S is among the most affordable hardware wallets on the market, coming in under $60 for the device. Plus, the Ledger Nano S is a multicurrency wallet, meaning that you can conveniently store thousands of different cryptocurrencies all on the same device. Since ApeCoin is an ERC-20 token, you can easily store it on Ledger along with almost all your other tokens. It will be the main mechanism for governance over the entire ecosystem.

How to buy ape coin

Since it is such a young project, caution is advised as the price action is currently very volatile and the market hasn’t had sufficient time to value it properly. ApeCoin is the hottest new coin on the market and has received over $4 billion of trading volume in its first 24 hours. Finally, consider withdrawing your coins and storing them in a private wallet if the platform allows you to do so. That way, if the platform gets hacked, your funds will not be affected.

Send ApeCoin

Consult with a qualified professional before making any financial decisions. This article is not a recommendation by Investopedia or the writer to invest in cryptocurrencies nor can the accuracy or timeliness of the information be guaranteed. For investors, ApeCoin provides investment exposure to the Web3 ecosystem built on the Bored Ape brand. The process of selling ApeCoin on Binance is similar to that of buying ApeCoin. Similarly, you can trade not just ApeCoin but other cryptocurrency tokens with the same ease. The world has been undergoing a revolution, and the advent of blockchain technology and cryptocurrencies have been its harbingers.

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Irrespective of how many ApeCoin you hold, you can still become a member of the DAO and share your ideas. Therefore even if you have missed out on the Bored Ape NFTs, you can still become part of the DAO and the Ape ecosystem by getting your hands on the ApeCoin APE tokens. The tokens will let you trade and perform transactions within the ecosystem and give you voting power.

How Can I Earn With ApeCoin?

Below are some brief explanations about the most popular payment methods on crypto trading platforms. Bank transfer is another option in trying to make payment for some ApeCoin. Once again, Exodus bank account payments possible for ApeCoin, alongside a range of other tokens. Payment can be made with USD, EUR and GBP from your bank account. APE is one of over 230 different crypto assets available to buy via the Exodus App.

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About 15% of the 1 billion token ApeCoin supply is available to claim by holders of either Bored Apes or Mutant Apes. While this is a large percentage, the majority of tokens will go to the ApeCoinDAO treasury, founders and companies that helped the coin launch. Metamask is the most common software wallet to use for Ethereum and Layer-2 solutions. Every single platform on Ethereum supports MetaMask so it’s an easy choice. You can install it on Google Chrome and use it as an extension, making it a convenient option for users that want to use DeFi or buy and sell NFTs. Finder monitors and updates our site to ensure that what we’re sharing is clear, honest and current.

Fund your account

As APE is infinitely divisible, it is possible to purchase just a fraction of the currency. Once your funds arrive, simply go to the Exchange tab inside the Nexo app and swap them for the amount of APE you want. Make free, instant APE transfers to all your friends, family, or colleagues as long as they have a Nexo account. Borrow funds from 0% APR without selling your APE with Nexo’s Instant Crypto Credit Lines. The staff were friendly and didn’t take long periods of time between messages. You can view how governance works in the DAO by visiting the ApeCoin website.

You can store ApeCoin on a Ledger hardware wallet along with other wallets such as Trezor. Using derivatives such as leverage, and futures are some of the methods that traders use to trade crypto. Trading can be quite stressful and How to buy ape coin should only be done by those who have researched how to trade effectively and are prepared to lose against the market. Protect your ApeCoin assets with the first and only independently-certified ApeCoin wallet on the market.

Decentralized exchanges are smart contract-powered online trading platforms that enable users to trade crypto on a peer-to-peer basis without the need for a central authority. To purchase APE coins on a P2P exchange, you first need to choose a marketplace that supports ApeCoin, sign up for the platform, and complete the verification process. Next, scroll through the available offers to buy ApeCoin for a payment method that works for you. These marketplaces typically use  escrow to enhance security, but it’s still advisable to only trade with users with high trust ratings. Binance offers a lot of trading pairs for ApeCoin, including APE/USDT, APE/BUSD, APE/BTC, APE/ EUR, APE/ETH, APE/BNB, APE/TRY, etc. Once you’ve successfully added funds to your Binance account, go to the spot trading option and buy the asset against which you wish to buy ApeCoin.