Finance

How To Buy ApeCoin On Coinbase, Binance (Beginners Guide)

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How To Buy ApeCoin: serves as the governance and utility token of the BAYC, an NFT project of Yuga Labs, which has 10,000 unique bored ape artworks,” says CNBC’s financial group.

The Ape Foundation manages and oversees DAO, the new crypto project in the market.

According to reports, every investor who bought or will buy a BAYCNFT will have access to claim APE tokens for free.

They will have the freedom to resell them whenever they wish and want. Some of those investors already cashed a profitable amount of money.

There is not enough prediction information for ApeCoin for a reason, ApeCoin expands to a broader market than most cryptos.

“The possibilities for blockchain’s impact on culture are so endless that they can’t possibly all be predicted yet,” information read on the ApeCoin website.

APE is a token made to support what’s next, controlled, and built on by the community. It will serve as a decentralized protocol layer for community-led initiatives that drive culture forward into the metaverse.”

“The goal of the APE Foundation is to steward the growth and development of the APE ecosystem fairly and inclusively,” the website describes.

The Ape Foundation “provides an infrastructure for ApeCoin holders to collaborate through open and permissionless governance processes.”

How ApeCoin Works

According to the website, ApeCoin wants to implement specific changes and governance, and access to all users.

They proposed several steps to rule decisions and expand their cryptocurrency.

  • ApeCoin holders will vote on proposed protocol changes as a long-term vision project.
  • ApeCoin users will have day-to-day exclusive benefits such as merchandise, games, services, and events.
  • ApeCoin users can make transactions among themselves.

“ApeCoin is an ERC-20 token, which means that it is built on the Ethereum blockchain. The supply in circulation is limited to 1 billion tokens – all of them minted in one go,” said CNBC.

top 3 best places in the USA to buy ApeCoin, let’s take a deeper dive into each. We will cover some of the basic information about each platform, including the fees, ease of use, and pros and cons of each.

Where To Buy ApeCoin

1. eToro

eToro is authorized and regulated in the USA by SEC and FINRA, making it ideal to buy ApeCoin. You can deposit USD via bank transfer, Paypal, credit and debit cards, e-wallets Skrill and Neteller, and more – its range of supported deposit methods are larger than most crypto platforms.

The financial times rated eToro as one of the top crypto platforms in the USA in 2022. It also achieved a milestone of over 23 million users in early 2022, some trading stocks, forex, commodities, and ETFs which are also available on the eToro platform.

eToro also offers copy investing and trading and smart portfolio features, so if you’re a beginner you can opt to replicate the buys, sells, and portfolio allocation of more experienced investors with a high ROI in the last few years. Simply use the eToro social trading feature to find professional ApeCoin investors with good feedback.

Virtual currencies are highly volatile. Your capital is at risk.

2. Binance

Another popular crypto trading platform where you can buy ApeCoin in the USA is Binance. The platform has the largest trading volume among all trading platforms across the globe. It offers a variety of assets for traders including 600+ crypto-to-crypto and fiat-to-crypto pairs.

You can set up a Binance exchange account by visiting either the website or by downloading the smartphone app. You will have to verify your account by providing a valid form of ID. If you encounter any problems during these stages, then you can contact Binance’s dedicated 24/7 customer hotline.

3. Coinbase

Our final best place to buy ApeCoin crypto in the USA is Coinbase. With over 30 million users, it has solidified itself as a great exchange to buy and trade crypto assets. It has over 100 coins for investors to choose from. In addition to this, it is available on smartphones and desktops and is quick and easy to set up on each of those platforms.

Coinbase is the largest crypto exchange in terms of the number of registered users. It offers a user-friendly experience and a simple exchange Coinbase Pro, in which users can log in with the same credentials. The fees to buy ApeCoin and 100+ other cryptos are 0.1% or lower if you trade very high volume.

Virtual currencies are highly volatile. Your capital is at risk.

How to buy ApeCoin On Coinbase

When it comes to buying crypto, you have a lot of options. Fortunately you can buy ApeCoin with the Coinbase app anywhere Coinbase is available. It’s quick, easy, and secure. Here’s how to buy ApeCoin with the Coinbase app for U.S. residents.

1. Create a Coinbase account

Download the Coinbase app and start the sign up process. You will need a valid ID and may be asked for proof of address in order to transact, so be sure to have those ready. Verifying your ID may take longer than a few minutes, depending on where you live.

2. Add a payment method

Tap on the payment method box and connect a payment method. You can use a bank account, debit card or initiate a wire.

3. Start a trade

Press then select “Buy” from the list of options.

4. Select ApeCoin from the list of assets

Search for ApeCoin by typing “ApeCoin” into the search bar. When you see ApeCoin show up in the results, tap it to open up the purchase screen.

5. Enter the amount you want to buy

Use the number pad to input the amount you want to spend in your local currency. The app will automatically convert that into a ApeCoin amount.

6. Finalize your purchase

Tap “Preview buy” when ready. You’ll be shown the details of your purchase. Make sure everything looks good and then confirm your purchase. That’s it, you’ve bought ApeCoin.

How to Buy ApeCoin (APE) On Binance

Want to buy crypto but not sure how? No worries! Binance offers many options. You can easily buy ApeCoin (APE) with the lowest fees and highest security anywhere Binance is available. Learn how to buy ApeCoin (APE) with the Binance app now.

1. Create a free account on the Binance website or the app.

Your Binance account acts as a gateway into buying crypto. But before you can buy ApeCoin (APE), you’ll need to open an account and verify your identification.

2. Choose how you want to buy the ApeCoin (APE) asset.

Click on the “Buy Crypto” link on the top left of the Binance website navigation, which will show the available options in your country.

For better coin compatibility, you consider buying a stablecoin like USDT or BUSD first, and then use that coin to buy ApeCoin (APE).

3. Create a free account on the Binance website or the app.

You have 1 minute to confirm your order at the current price. After 1 minute, your order will be recalculated based on the current market price. You can click Refresh to see the new order amount.

4. Store or use your ApeCoin (APE) in Binance.

Now that you bought your crypto, you can store it in your personal crypto wallet or simply hold it in your Binance account. You can also trade for other crypto or stake it on Binance Earn for passive income.
Alamu Tosin

The writer is Alamu Tosin. I have three strong passions in life — football, blogging and movies — in that order. I love spending time with friends talking about the important things in life and hate nothing more than ‘authority’ and hypocrisy. My personal believe in life is that once an individual sets his/her mind to achieve something, it is totally possible. And oh!, I am a strong Lannister, because I always pay my debt. For writing or fixing gigs, contact [email protected]

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