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How to safely buy ApeCoin (APE)

Welcome to this post, where we are going to see how you can buy ApeCoin in an easy, simple and fast way. No hassle.

The most common way to buy ApeCoin is using a centralized exchange. Although, in most platforms, the operation is very similar. In all of them, you will need to create an account and add funds with your card or by bank transfer to buy ApeCoin (APE). 

Now, let’s see how you can buy this cryptocurrency step by step with even a video where you can see all the steps to follow. In addition, at the end of everything you can find more information about this project to be more informed before making any purchase. And learn in more detail what the project behind this token is all about. 

Where to buy ApeCoin

To buy ApeCoin, the best alternative is to use the Binance platform. Although there are other platforms where you can also buy ApeCoin, Binance offers the best options as it is the world’s #1 and most used exchange. 

If you don’t have an account with Binance, you can create one here. Now I leave you with a video, so you can see how to buy ApeCoin in the best possible way and with more detail step by step, so you don’t have any doubt. In case you can’t see the video, we will now see the step by step in the article.

Platform: Binance
Min. deposit: $10
License: Cysec

Very low commissions
Exchange with more cryptocurrencies

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Detailed Step-by-Step

To buy ApeCoin, the first step you need to do is to log into your Binance account, deposit funds into your account, either Euro, USD or another currency. 

Once you have deposited funds in your account, we will go to markets, and select your currency pair against USDT (Tether). Then you can buy ApeCoin. Once you choose the pair, in my case eur/usdt, you have to go to sell, and indicate the amount you want to exchange your currency, in my case EUR for USDT, and then buy ApeCoin. 

With the USDT bought and in our balance, we will return to the main menu to see that you already have them in your account and the order has been executed. Go back to markets, and look for the APE/USDT pair, and click on it. 

Here, we will go to the same buy and sell panel. And we will go to buy, to exchange your USDT for the amount of ApeCoin you want. Once you have chosen the amount, click on buy and you will have this cryptocurrency.

If you go back to the dashboard, you will see the amount of ApeCoin you have. Now, you can have it in Binance to sell it whenever you want, or take it to a wallet to have total control of your cryptocurrencies.

If you follow these steps, you can have APE on your account in just a few minutes. Create your account with Binance today so you don’t miss out on this opportunity.

Platform: Binance
Min. deposit: $10
License: Cysec

Very low commissions
Exchange with more cryptocurrencies

 5/5

What is ApeCoin?

APECOIN IS FOR THE WEB3 ECONOMY.

Culture has found a new expression in web3 through art, games, entertainment and events. The possibilities of blockchain’s impact on culture are so endless that they cannot all be predicted yet. APE is a token made to support what’s next, controlled and built by the community. It will serve as a decentralized protocol layer for community-driven initiatives that drive culture into the metaverse.

THE APE FOUNDATION

The APE Foundation is the steward of ApeCoin. It is not an overseer, but the base layer upon which ApeCoin holders in the ApeCoin DAO can build.

The Foundation facilitates decentralized, community-driven governance and is designed to become more decentralized over time. It is responsible for administering the decisions of the ApeCoin DAO, and is responsible for day-to-day administration, accounting, project management and other tasks that ensure that ideas from the DAO community have the support they need to become a reality.

The APE Foundation’s goal is to manage the growth and development of the APE ecosystem in a fair and inclusive manner. It uses the Ecosystem Fund, which is controlled by a multisig wallet, to pay its expenses as directed by the ApeCoin DAO and provides an infrastructure for ApeCoin holders to collaborate through open, permissionless governance processes.

THE DAO

The ApeCoin DAO exists because decentralized governance is critical to building and managing a globally dispersed community, and therefore critical to the success of the APE ecosystem.

The APE improvement proposal process (see Governance) will allow ApeCoin DAO members to make decisions regarding Ecosystem Fund allocations, governance rules, projects, partnerships, and beyond. Membership in the ApeCoin DAO is open to all ApeCoin holders.

THE BOARD

A special council at the APE Foundation (the “Council” of the DAO) provides, at the behest of ApeCoin DAO members, oversight of the Foundation’s administrators. The purpose of the Council is to administer the DAO’s proposals and serve the vision of the community. It meets to address proposals that require administrative review under the ApeCoin DAO rules. The initial Board has a term of six months, after which the DAO members will vote on Board members annually.

APECOIN PROTOCOL

ApeCoin is an ERC-20 governance and utility token used within the APE ecosystem to empower decentralized community building at the forefront of the web3.

As the open source protocol layer of the ecosystem, ApeCoin serves several purposes:

Governance

ApeCoin is the ecosystem’s governance token, allowing ApeCoin holders to participate in the ApeCoin DAO.

Spending Unification.

ApeCoin is the ecosystem’s utility token, giving all its participants a shared, open currency that can be used without centralized intermediaries.

Access

ApeCoin provides access to certain parts of the ecosystem that would otherwise be unavailable, such as exclusive games, merch, events and services.

Incentivization

ApeCoin is a tool for third-party developers to participate in the ecosystem by incorporating APE into services, games and other projects.

APECOIN ALLOCATION

The total supply of ApeCoin is permanently fixed at 1 billion tokens. No minting capacity is exposed through the contract interface, so the total supply will never increase. Similarly, the contract interface does not expose any token burning capacity, so the total supply will never decrease.

In accordance with standard practice, a portion of the project contributors’ tokens will initially be locked. The locked tokens will be unlocked over a 48-month period, according to the predetermined unlocking schedule in the chart below, starting on launch day, March 17, 2022.

Platform: Binance
Min. deposit: $10
License: Cysec

Very low commissions
Exchange with more cryptocurrencies

 5/5

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