Crypto investors couldn’t take their eyes off ApeCoin (APE) this morning. The APE token is set to change the way users interact with the Bored Ape Yacht Club NFT brand. With the spike in market cap, it’s one of the hottest altcoin trends right now. Therefore, investors are searching where to buy ApeCoin (APE). Fortunately, it is already listed on all known cryptocurrency exchanges.
Why is ApeCoin important?
ApeCoin is one of the trending cryptos that attracts investors, largely due to its association with Yuga Labs’ Bored Ape NFT collection. Indeed, the Ape collection is one of the best-known NFT series worldwide, thanks to the acquisitions of celebrities such as Justin Bieber and Eminem. Crypto itself is not a Yuga Labs product; rather, it is the product of a decentralized autonomous organization that calls itself ApeCoin DAO. This community wants to decentralize the Bored Apes brand by enforcing a currency controlled by community members. Yuga Labs fully supports the currency and says it will use APE as the foundation for all of its future products.
How to buy ApeCoin (APE)?
ApeCoin (APE) was recently launched. Through its airdrop, existing Bored Ape NFT holders receive APE rewards. This airdrop distributed crypto to active community members, but it also caused some turmoil. As we quoted as Kriptokoin.com, a hacker managed to seize about $1 million worth of ApeCoin during the airdrop via flashloan. Still, with the project’s pivotal start, APE is already one of the largest cryptocurrencies in the world, with a market cap of around $4 billion.
If you already own Bored Ape NFTs, getting ApeCoin is simple and free. All you have to do is claim your APE reward through the ApeCoin website. For those who don’t have the Ape NFT, there are still plenty of options. ApeCoin DAO’s board of directors consists, in part, of executives from FTX, who made the platform one of the first to offer APE. Following the token’s launch, a number of other major exchanges have also taken over APE trading. You can buy Apecoin from the following 7 exchanges that you are still a user of.
- Gemini
- Crypto.com
- Coinbase
- Huobi
- Binance
- Gate.io
- EToro
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