After purchasing ApeCoin, your coins will be sent directly to your ultra-secure Kriptomat APE Wallet. Kriptomat automatically generates a unique, secure wallet for each user on the platform – free of charge. In order to comply with regulation (and offer enhanced account security), you are required to submit a national ID or passport in order to authenticate your identity.

Trading ApeCoin involves using derivatives or buying and selling ApeCoin over a certain period. The first step is to decide which platform you want to use to buy Apecoin. There are plenty to choose from, but if you want to keep your funds safe, make sure to select a regulated and reputable platform.

Factors To Consider When Opening a Cryptocurrency Exchange Account

Read more about how to choose the right platform in the next section or simply register immediately with one of our top recommendations below. Yuga Labs, the company behind BAYC and MAYC, recently acquired CryptoPunks, their main competitor in the NFT space. With the launch of the Apecoin token, APE holders will be empowered to feel a deeper connection with the NFT space’s hottest projects. After completing your KYC you have to add your primary bank and UPI into
your
BuyUcoin wallet, then you need to add fiat currency to buy Apecoin such as INR to APE.

ApeCoin and its APE token are the creation of ApeCoin DAO — a decentralized autonomous organization established to govern ApeCoin and make decisions related to its ongoing development. Currently, we offer 3% APR plus compounding interest for all APE deposits. Experience the ease of crypto savings accounts and enjoy a compounding passive income.

Fund your account

In addition to buying APE via the desktop or mobile app, Exodus users can also swap out any crypto asset to the ApeCoin tokens. To accomplish this, you can either use the built-in exchange app, or link your Exodus wallet with the FTX exchange. With us, you can buy APE with fiat money, credit, debit cards, or using other cryptocurrencies. Investing in cryptocurrencies, decentralized finance (DeFi), and other initial coin offerings (ICOs) is highly risky and speculative, and the markets can be extremely volatile.

Luckily, Exodus also supports the token within its self-custodial applications, providing a safer and more intuitive user experience to support your efforts to buy APE. ApeCoin is the token at the foundation of the Bored Ape Yacht Club ecosystem that will eventually have a ton of utility. Owners of the 2 main NFT collections, Bored Apes and Mutants, will get an advantage with a significant amount of tokens off the bat. However, there will be other ways of acquiring ApeCoin including just buying it on an exchange like Coinbase or earning it in Yuga Labs’ upcoming play-to-earn game.

Decentralized Exchanges

DAO membership and upcoming utilities are exciting things in crypto and many investors will be joining in on the ApeCoin ecosystem to see what it’s all about. If you already own some crypto you can easily swap your cryptocurrency for another on any trading platform that offers the ability to do so. Bank transfers are widely accepted by crypto exchanges and brokerages. With full isolation between private keys and your computer/mobile, Ledger Nano cold wallets keep your keys secure and give you complete control over your cryptocurrencies. You can purchase ApeCoin through our partners with a credit card or bank transfer. The ability to purchase digital currencies with a credit/debit card is an important one.

• ApeCoin(APE) is the APE ecosystem’s ERC-20 governance and utility token.
• For most people who are interested in cryptocurrencies, eToro is the go-to platform due to its beginner-friendly interface and numerous trading tools that help you make more informed decisions.
• Moreover, ApeCoin incentivizes third-party developers to participate in the Ape ecosystem by incorporating APE tokens in their games, apps, services, etc.
• To safeguard and keep track of your keys, you can use online or offline wallets.
• Convert your ApeCoin to another cryptocurrency directly in your wallet or by using a DeFi application.

When Satoshi Nakamoto came up with the idea of Bitcoin in 2009, no one imagined the economic, societal, and cultural shift it would bring in a short period. While only the “geeks” and “nerds” were initially interested in it, it has since become the go-to place for the new generation across the globe. Cryptocurrencies have also attracted many significant institutions, governments, How to buy ape coin influential people, celebrities, etc. The technology has found a new vigor with the advent of NFTs (Non-Fungible Tokens), with the Bored Ape Yacht Club among the most popular ones. 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.

Swiss blockchain firm Anoma secures $25 million funding round

Analysts predict the blockchain industry to grow exponentially long term but that doesn’t guarantee every project will survive. With any investment, it’s important to understand the risk that comes with buying speculative assets. Never invest what you can afford to lose and always have an exit strategy in place.

Once your deposit has arrived in your account, you can then buy APE instantly. A debit or credit card can be used to purchase crypto and are widely accepted. Secure multiple assets, including ApeCoin using a Ledger hardware wallet. Your private keys, giving access to your assets, remain safe in a certified secure chip.