What is ApeCoin (APE)?
ApeCoin is an ERC-20 governance and utility token used within the APE ecosystem that aims to empower a decentralized community to build products and services related to the Bored Ape Yacht Club brand. The ApeCoin token is used by participants to vote on project proposals through the APE Ecosystem DAO, a governance mechanism.You can buy and sell APE for any major cryptocurrency, like BTC, ETH, and XRP or traditional currency such as Canadian Dollar, US Dollar, and Euro. Trading cryptocurrencies is like foreign exchange of traditional currencies – you trade APE for BTC the same way you trade CAD for USD. You can also trade APE to CAD based on the APE price. To learn how to buy ApeCoin, scroll down to see how to buy ApeCoin.
How to buy ApeCoin (APE)?
Here's how to buy ApeCoin on Coinsquare
To buy ApeCoin, simply follow these steps:
1. Sign up for a Coinsquare account and verify your identity
This is the first step to buying APE. Verifying your identity helps us to properly connect your funds to your account.
2. Fund your account with Canadian Dollars
Funding is like putting gas into a car – it helps you get where you want to go.
3. After funding, select APE from the list on the trade section
Coinsquare lets you trade APE without leaving the app. You can also check the ApeCoin price and convert APE to CAD or USD on the platform.
4. Select a currency you’ve funded and use it to check the APE price
In the Coinsquare app, all currencies available to trade can be found in the drop down list.
5. Buy ApeCoin (APE)
Congratulations! You’re now the proud owner of APE. You can either HODL or use it to exchange APE to CAD.
Where do I keep my ApeCoin (APE)?
At Coinsquare, we offer customers the power of easy transactions and cold storage security. We’re constantly organizing funds to ensure our customers trade instantly and securely. There are different storage options available for your cryptocurrency, your choice should ultimately be the one that suits your needs. Mobile and web wallets can make transactions easy as the currencies are accessible directly from your phone or device, whereas hardware wallets are best suited for secure, long-term storage as they eliminate the vulnerability found in online environments.
Ready to add ApeCoin (APE) to your portfolio?
Create your account, fund it with spare change and get a little bit of APE.
