Cryptocurrencies Can Make You Rich Overnight It’s Not a Lie It’s True, Cryptocurrencies Can Make You Rich Overnight.
There is a cryptocurrency that has launched recently but made millions to some people overnight. This cryptocurrency is called ApeCoin which has given millions to some people.
ApeCoin is very much in trend. Some have earned a lot of money from it and some have lost their money too.
ApeCoin is predicted to be profitable for the foreseeable future. This coin has become very popular among crypto fans. ApeCoin was launched recently that’s why so many people are confused about how and where to buy this cryptocurrency.
If you are interested in buying ApeCoin then this is the right article, we have shown the steps from where and how you can buy ApeCoin safely.
What To Expect From This Article?
Firstly, we have explained “ApeCoin” for people who do not know about it. Then we showed where and how you can buy ApeCoin (APE) step by step. We have shown the process to buy ApeCoin (APE) from 5 different exchanges; Binance, Kraken, Crypto.com, Gate.io, and OKX with screenshots of the steps.
This article will teach you how to buy ApeCoin safely as well as things to remember before buying cryptocurrency.
What Is ApeCoin (APE)?
ApeCoin is an Ethereum based token designed for utility and governance purposes. The token will be used mostly in the APE ecosystem.
ApeCoin Bored is the official token of Ape Yacht Club, a club with over 10,000 NFTs. ApeCoin is used to reward bored ape NFT holders. But the coin is not created by Yuga Labs, the Bored Apps team.
ApeCoin DAO, a new decentralized autonomous organization (DAO) is behind the creation of ApeCoin and it empowers coin holders to make future decisions of the coin.
ApeCoin is a decentralized token that can be used for payments and transactions on the Web 3.0 app.
It will be used on all kinds of Web3 apps, even on apps that are not related to the Bored Ape Yacht Club.
Many crypto projects and blockchain gaming companies announced plans to integrate ApeCoin in their future projects.
Bored Ape Yacht Club and Mutant Ape Yacht Club NFT holders can claim their free APE Tokens on the coin’s official website.
The ApeCoin is allocated as per the NFT or NFT pair: There are 10,094 tokens for Bored Ape, 2,042 tokens for Mutant Ape only, 10,950 tokens for Bored Ape + Kennel Club, and 2,898 tokens for Mutant Ape + Kennel Club.
Where To Buy ApeCoin (APE)?
ApeCoin (Ape) is not like other new cryptocurrencies. The coin was launched recently but still, it is listed on various cryptocurrency exchanges.
Most of the new cryptocurrencies are not available on most exchanges like APE is available. APE is available on over 30 crypto exchanges.
You can easily buy ApeCoin on popular crypto exchanges like Binance, Kraken, Coinbase, OKX, etc.
We highly recommend that you should only buy cryptocurrencies from well-known crypto exchanges. Popular exchanges are likely to be more secure and easier to use. That is why we have explained the process of buying ApeCoin (APE) from 5 popular crypto exchanges.
Things To Know Before Buying Cryptocurrency
- Know everything about the cryptocurrency which you’re buying. Over time, scams happen in the name of cryptocurrency. Recently crypto scammers snatched $3.4 million from innocent people in the name of the South Korean drama Squid Game.
- Cryptocurrency is risky. Cryptocurrencies are known to be highly volatile, with a 30-40% change in cryptocurrency prices being considered normal. While some make a lot of money from crypto, others lose money as well. Never invest money that you cannot afford to lose in cryptocurrency.
- You should also know everything about the crypto exchange from which you are buying your desired cryptocurrency. All crypto exchanges have different levels of security. Also, different cryptocurrency exchanges have different fees.
- Some good crypto takes time to grow. Yes, cryptocurrencies can rise in a short time but not all rise in one night. If you believe in the cryptocurrency you have invested in, it will grow over time if the fundamentals of the cryptocurrency are good. Sometimes even good cryptocurrencies trade in the red. Don’t worry about watching your investments over and over again, if crypto fundamentals are good it will grow over time.
How To Buy ApeCoin (APE)?
We have shown how to buy ApeCoin (APE) from 5 different exchanges:
Binance
Step 1: Create an account on Binance.
You can use your email address or phone number to create an account on Binance.
- Click on Register on the Binance website.
- Enter your details and click on “Create Account”.
Step 2: Get Verified on Binance.
You will have to provide personal information and a government-issued ID on Binance to be verified.
- Login into your account and click on the profile icon > Identification.
- Click on verify.
Step 3: Buy a Stable Coin.
Buy a Stable Coin like USDT or BUSD.
- Click on Buy Crypto. Choose your method to Buy.
- Buy Stable Coin with Fiat money.
Step 4: Buy ApeCoin (APE).
- Click on Trade > Convert.
- Convert Purchased Stable coin to APE.
Kraken
Step 1: Create an account on Kraken.
- Click on Create Account on the Kraken website.
Step 2: Get Verified on Kraken.
- Login into your account. Click on your Name then Click on Get Verified.
Step 3: Deposit funds into your Kraken Account.
- Click on Funding and then Click on Deposit.
Step 4: Buy ApeCoin (APE).
- Click On Trade and Search For APE.
Crypto.com
Use the Crypto.com app to buy ApeCoin.
Step 1: Download the Crypto.com App.
Step 2: Create an account on Crypto.com.
Step 3: Verify your account on Crypto.com.
Step 4: Deposit funds into your Crypto.com account or link your Debit/Credit card.
- Learn how to deposit fiat currency into your Crypto.com account.
- Learn how to link your debit/credit on Crypto.com.
Step 5: Buy a Stable Coin.
Step 6: Buy ApeCoin (APE) with Stable Coin.
- Click on Trade and buy APE.
Gate.io
Step 1: Create an account on Gate.io.
- Click on Sign Up on Gate.io.
Step 2: Get Verified on Gate.io.
- Click on the Profile icon > KYC & Security.
- Click on Verify Now.
Step 3: Buy a Stable Coin.
- Click on Buy Crypto then buy USDT.
Step 4: Buy ApeCoin (APE).
- Click Trade > Spot Trading.
- Search For APE and Convert Your USDT coins to APE coins.
OKX Exchange
Step 1: Create an Account on OKX.
- Click on Sign Up on the OKX website.
- Sign Up by Email or your phone number.
Step 2: Get Verified on OKX.
- Click on the top-right corner.
- Click on Account > Verification.
Step 3: Buy a Stable Coin.
- Click on the top-right corner.
- Click on Buy Crypto.
Step 4: Transfer Your USDT from Funding Account to Trading Account.
- Click on the top-right corner.
- Click on Assets > Transfer.
Step 5: Buy ApeCoin (APE).
- Click on the top-right corner.
- Trade > Basic Trading.
- Search APE/USDT.
- Buy ApeCoin.
Conclusion
Here you got the step to buy ApeCoin. We’ve got you through the process to buy ApeCoin from 5 popular crypto exchanges. Now you can buy ApeCoin safely.
Hope you have understood properly the process which we explained about buying Apecoin.