ApeCoin (APE) is anticipated to be one of the most popular cryptocurrencies in 2022. Just to put it simply, this token is backed by the same group that was responsible for the massively popular Bored Ape Yacht Club NFT collection.
In the APE ecosystem, ApeCoin is an ERC-20 token. As of this writing, the total supply of APE is 1 billion tokens, and there is no burning capability; thus supply will not diminish. As a result, there is a great deal of excitement regarding ApeCoin among optimistic traders and investors.
In this guide, we show you where you can buy ApeCoin in less than five minutes.
Best Exchanges To Buy ApeCoin (APE)
In spite of the fact that ApeCoin is a brand-new digital currency, several of the top cryptocurrency exchanges in the world decided to list the token immediately after it launched.
Because it might take many months for freshly launched projects to get approval for listing on top-notch exchanges, this is a rather unusual occurrence. Nonetheless, you can discover recommendations of the best places to buy ApeCoin further down below.
1. Binance
ApeCoin has been added to Binance, a top-tier cryptocurrency exchange. You can trade ApeCoin with a variety of cryptocurrencies and fiat currencies on this platform.
Any ApeCoin trading pair that you choose to invest in will only cost 0.10% from Binance. Additionally, if you own more BNB tokens or bet a higher amount, you’ll be rewarded with lesser fees.
That stated, there will be extra costs if you want to purchase ApeCoin at Binance immediately using a debit or credit card. This includes a 4.5% processing fee and a 0.5% commission on the immediate purchase. As a result, if you want to use a debit or credit card to purchase ApeCoin, you’ll be better off with alternative exchanges that we’ll mention later.
2. eToro
eToro is the best place to purchase ApeCoin safely, at reasonable fees. In addition to hundreds of commission-free stocks, you can purchase ApeCoin from this renowned online broker for only $10 per transaction.
As a result, investing a huge sum of money in an optimistic venture like ApeCoin is not necessary. Instead, you might take a conservative approach to invest in this digital asset. There’s a 1% commission fee on top of the spread at eToro.
It’s also possible to make deposits without paying any costs in the United States. That covers bank transfers, PayPal, and Skrill, as well as debit/credit cards and other payment options. We also enjoy the fact that you just need to invest $10 to start a new eToro profile.
3. Crypto.com
With Crypto.com, you can purchase ApeCoin in the United States easily. You may use a US bank transfer to finance your ApeCoin transaction on the platform. You can instantly transfer up to $50,000 each day after linking your US bank account to Crypto.com.
This is a great option for those who don’t want to pay a deposit fee. Although this is generally reduced for new users during the first 30 days of creating an account, the platform imposes a 2.99% fee on debit and credit card transactions.
You may purchase ApeCoin at a fee rate of 0.4% on each slide after funding your Crypto.com account with US dollars. Purchasing $1,000 worth of ApeCoin will only cost you $4 in fees. You can also make use of the Crypto.com website’s native CRO tokens to decrease your costs even more.
Users that trade in large numbers might also benefit from lower costs. Having purchased ApeCoin on the Crypto.com platform, you may want to consider diversifying your digital currency portfolio. At the end of the day, you will be able to access more than 250 tokens from a range of projects.
4. Coinbase
Coinbase is a reputable exchange where you can purchase ApeCoin. Users may buy, trade, and hold ApeCoin on Coinbase. The free version of Coinbase appeals to new users, while Coinbase Pro, the paid version, caters to more experienced traders who conduct large volumes of trades and want a wider range of trading choices. Coinbase will collect a flat 2.49% transaction fee for any purchases or ATM withdrawals made using other cryptocurrencies.
Also, Coinbase is one of the most secure and user-friendly bitcoin exchanges available. It’s easy to sign up for a Coinbase account. There are a few things you’ll need, including a government-issued photo ID and the last 4 digits of your Social Security number. Also, be prepared to answer questions about how you intend to utilize the platform.
5. Gemini
ApeCoin trading is now available on Gemini, one of the first US exchanges to do so. The Gemini platform is very user-friendly. In addition to the attractive graphics of this exchange, it’s the pricing that attracts high-volume traders. If you’ve traded for 30 days, your fees will vary from 0.00% to 0.25% for both transactions, with the lowest costs going to the most active traders.
To create a new account at Gemini.com, go to the homepage and select Open a Personal Account. Create a password and enter your complete name. Find your activation code and submit it. Then enter your bank details and personal identification to verify your identity.
Other Exchanges
Other notable centralized exchanges that support APE include Gate.io, FTX, Huobi Global, KuCoin, Bybit, Kraken, Poloniex, and BitMart, which we did not list. Uniswap is the most APE-friendly decentralized exchange as of now.
Takeaways
- ApeCoin (APE) is considered one of the most popular cryptocurrencies in 2022, and it’s backed by the creators of the Bored Ape Yacht Club NFT collection.
- Despite the fact that ApeCoin is a new digital currency, some of the world’s leading cryptocurrency exchanges have decided to list it immediately.
- Some of the best exchanges to buy ApeCoin are Binance, eToro, Crypto.com, Coinbase, and Gemini.
- Other well-known centralized exchanges support Apecoin; some of these include; KuCoin, Bybit, Kraken, Poloniex, Uniswap, etc.