APE Exchange

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ApeCoin is one of the cryptocurrencies that grew exponentially at the start of 2022. The team behind the ECR-20 token is the same that created the Bored Ape Yacht Club (BAYC) NFT collection. ApeCoin’s launch improved fairness and decentralization in the APE’s ecosystem. It allowed holders’ rights to govern, control and comprehensively maintain the APE community. ApeCoin uses advanced blockchain systems with popular protocols to meet its goals.

ApeCoin is created as the premier NFT project for BAYC’s utility token. The owners of Bored Ape NFT and NFT collectors highly value this cryptocurrency. ApeCoin has been tradable in many decentralized and centralized exchanges since its launch. The governance token for the APE Ecosystem allows holders to take part in the DAO.

ApeCoin is an open and shared currency that participants can use without centralized intermediaries. DAO members voted for the Ecosystem Fund to receive 62% of the cryptocurrency to improve community-based initiatives.

One of ApeCoin’s primary goals is to support the formation and expansion of Web 3.0 through the following:

  • Governance: ApeCoin users are members of ApeCoin DAO and are in charge of voting for protocol proposal notification and maintaining the project’s long-term visions.
  • Spending: ApeCoin is a cryptocurrency that functions as a utility token. It unites the community, enabling them to handle themselves on a decentralized network.
  • Incentivization: The Ape avatars can be applicable to games and other services.
  • Access: Some APE ecosystem aspects, including events, services, games and merchandise, are restricted to daily users. ApeCoin ownership allows access to such resources.

ApeCoin offers simple access to the cryptocurrency world if you have Bored Ape Yacht Club tokens. One of the primary concerns for designers of this coin is security. The network incorporates Snapshots for the voting process.

Any ApeCoin holder needs an authentication process for wallet verification to participate in voting. The DAO community is highly transparent, making ApeCoin one of the reliable cryptos for interested investors.

Who created APE?

ApeCoin is BAYC’s utility token. Yuga Labs initiated the BAYC NFT project, meaning it is technically the brainchild of this cryptocurrency. The official BAYC website cites ApeCoin’s launch, and management is by ApeCoin DAO. This is an autonomous, independent and decentralized organization governed by ApeCoin investors, related NTFs holders and owners of Bored Ape.

The coin or Bored Ape NFT owners have exclusive rights to propose new projects and protocol changes. The Ape Foundation oversees DAO, ensuring community ideas continuity. The foundation board member heads are reputable crypto investors, and each serves for six months. Yuga Labs continues to find more pathways for integrating ApeCoin into various projects for the BAYC ecosystem. Recently, it acquired the Meebits and CryptoPunks for the coin’s expansion.

How do I exchange and trade ApeCoin?

ApeCoin is listed on many cryptocurrency trading platforms, which is one of the main reasons it has been growing so much. Here are three seamless steps to trade ApeCoin:

1. Create an Exchange Account. If you do not have an exchange account, this should be your first step. Find a platform that offers the best experience for cryptocurrency traders. You want to consider a cutting-edge account protection system, multi-factor authentication, and industry-leading encryption for an incredible security.

2. Fund Your Account. Funding your account should be seamless. A caring exchange platform ensures you can use different methods to deposit money into your account. Whether bank transfers or credit/debit cards, the process is straightforward.

3. Buy Your APE. Once you create your account, the final step is to buy APE. You can use a debit/credit card and choose the amount you are looking to spend.


Exchange APE using Rubix

Rubix offers a seamless process to get you started with APE trading. All you need is to set up an account and fund it. You can use direct transfers, debit or credit cards. Our platform’s design makes the procedure flawless, with user needs in mind.

Rubix platform offers cutting-edge features to allow you to trade in real-time. The advanced security features ensure an honest and fair record of your transaction. You can take advantage of the available real-time data to make an informed decision in your trades.

While users may experience issues with other cryptocurrency exchanges, our network eliminates such problems by using updated technology. Our users enjoy speedy transactions, verification times, and reasonable rates. Rubix has caring support to handle any issue as quickly as possible.

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