This beginner's guide explains the best places to buy ApeCoin with top-ranking exchanges
ApeCoin is one of the best-performing cryptocurrencies of 2022. The digital currency inspired by the Bored Ape Yacht Club (BAYC) has grown by nearly 4,000% in 2022 alone. This has resulted in ApeCoin becoming a top-50 digital asset by market capitalization.
If you believe investing in ApeCoin is the right way to diversify your portfolio, this resourceful material will explain how and where to buy ApeCoin in under five minutes with regulated exchanges.
Virtual currencies are highly volatile. Your capital is at risk.
You need to decide where to buy the ApeCoin crypto before you complete your purchase. As a top potential NFT project and the most demanded cryptocurrency based on investors' preferences and hottest cryptocurrencies of 2022, dozens of crypto exchanges list this popular token since it was launched in March.
The best place to buy ApeCoin, however, is perhaps through one of the cryptocurrency places and exchanges reviewed below.
1. eToro – Overall Best Place to Buy ApeCoin
2. Crypto.com – Best Place to Buy ApeCoin at Low Fees
3. Binance – Best Place to Buy ApeCoin Securely
4. Coinbase Pro ― Buy ApeCoin on the world's largest exchange
Virtual currencies are highly volatile. Your capital is at risk.
If you are looking to buy ApeCoin easily with low fees in 2022, you're not alone. You'll be amazed, therefore, to know how easily you can buy ApeCoin right now via the eToro exchange with just $10 of a minimum deposit.
Follow the quickfire guide below to learn how to buy ApeCoin crypto in a matter of minutes.
Virtual currencies are highly volatile. Your capital is at risk.
Are you researching where to buy ApeCoin crypto today? You're in the right place. In this article, we will inform you about the best places to buy ApeCoin, their pros and features, and the important information provided will direct you to the top cryptocurrency exchanges that suit your ApeCoin crypto investing needs.
Now there are many crypto exchanges offering ApeCoin cryptocurrency on their platforms. With that in mind, We have been able to shortlist the best exchanges to buy ApeCoin through and the winners are eToro, crypto.com, Coinbase, and Binance,
Although we have given you a quick guide on how to buy APE quickly in a few steps, several exchanges can help you buy and trade APE. Therefore, you need to know where to buy ApeCoin before you can risk your hard-earned money.
But what are the best places to buy ApeCoin today? We picked these top three exchanges:
On top of our list of the best places to buy ApeCoin in 2022 is eToro ― which is a regulated multi-exchange that hit the financial markets in 2007.
If you choose eToro, you will be able to buy ApeCoin on a spread-only basis. This means that you do not have to pay conventional commissions, your fee will come from the difference between the buy and sell price of APE at the time of making an order.
One of the pros of buying APE with eToro comes in the form of depositing fiat currency via USD. In this case, you will not be subject to any deposit fees. You can upload funds using e-wallets such as PayPal, Skrill, and Neteller.
In addition to this, you can deposit funds via bank transfer and through bank cards from VISA, MasterCard, and Maestro).
We also rank eToro highly among the best places to buy ApeCoin because it maintains competitive trading fees and a transparent fee structure. When you buy ApeCoin through eToro, for instance, you will only have to pay a fixed commission, i.e. 1% of your trade. The variable spreads and rollover fees for derivative traders are equally competitive. Plus, the exchange lets you view all the fees acting on your investment before you hit the "Buy" button.
Virtual currencies are highly volatile. Your capital is at risk.
Another top way to buy ApeCoin is through Crypto.com. The platform makes it to our list of best places and exchanges to buy APE.
As of 2022, Crypto.com is one of the most popular and biggest cryptocurrency exchanges by trading volume. Launched in 2016, Crypto.com offers its customers a cost-effective way through it's easy-to-navigate platforms to invest in crypto assets.
Crypto.com, like eToro, is a highly regulated exchange. This means you have to go through and complete an extensive verification process. Once done, you can buy ApeCoin with a debit card. The exchange with the aim of accelerating the world's adoption of cryptocurrencies accepts both MasterCard and VISA.
This makes Crypto.com one of the most convenient ways of investing in ApeCoin. As one of the exchanges with some of the lowest fees in the space, Crypto.com charges 2.99% in commission when you buy ApeCoin with a debit card. With that said, beginner traders and investors can enjoy free trading in the first 30 days of being customers.
In addition to buying ApeCoin, Crypto.com supports around 197 other digital tokens. This covers a range of small, medium, and large (more than $10 billion) capitalization projects. Therefore, you stand a chance of pairing APE with other cryptocurrencies, and stablecoins.
Through the Crypto.com "Earn Tool", you can generate interest on your cryptocurrency investments that continue to remain idle. In addition to this, there is a crypto.com mobile wallet that supports more than 100 cryptocurrencies.
What's more, NFT lovers will enjoy Crypto.com as an NFT Marketplace where you can invest in several digital collectibles using ETH and SOL. Investing in ApeCoin through Crypto.com would see you in the company of over 10 million customers worldwide.
Moreover, you would never experience slippages as the exchange records billions of dollars in trading volume daily.
Virtual currencies are highly volatile. Your capital is at risk.
Binance makes it to our list of best exchanges to buy ApeCoin because of its deep secureness.
If you are in search of the cheapest way to buy ApeCoin at your convenience, you might consider investing in APE through Binance. As of October 2021, Binance has more than 28 million active users. Coined from the words binary and finance, this exchange has some of the lowest trading fees across the entire decentralized finance space.
A great example can be attributed to paying a 1% commission when you trade ApeCoin (APE) against another digital asset such as Solana ( SOL), Shiba Inu (SHIB), Ethereum (ETH), Binance Coin (BNB), or stablecoins such as USDT as well as BUSD.
With that said, Binance allows you to deposit funds via an automated clearing house (ACH) as well as domestic bank wire all for free. Although automated clearinghouse withdrawals are fee-free, there is a $15 fee for every domestic wire transfer.
Overall, Binance supports approximately 334 cryptocurrencies. Binance can be accessed on the World Wide Web and through smart devices. Aside from that, the exchange supports more than 1,000 markets and over 180 countries.
It has also attracted massive interest from individuals and entities who wish to invest in ApeCoin over the short and long term. These are drawn in by the staking and savings options that allow them to earn doubly from their ApeCoin investment. First, they make money off interests made through staking and saving and also from value gains made when APE token prices increase.
The last thing we would like you to know is that Binance offers a crypto wallet called TrustWallet.
Like all the other major exchanges, Binance offers custody services for its clients. Therefore, when you buy ApeCoin on Binance, the exchange can store the private keys on their secure and free offline vaults on your behalf. And these assets are secured by the largest private insurance fund for crypto investors worth above $1Billion.
Virtual currencies are highly volatile. Your capital is at risk.
One of the primary factors that every crypto investor ought to consider when choosing where to buy ApeCoin is the crypto exchange's supported payment methods.
In this section, we will look at the most commonly used payment options and how to buy ApeCoin with either of the exchanges discussed hereinabove.
The best way to buy ApeCoin depends on your geographical location and preferred payment method. Once you settle on an exchange, you will have to choose a depositing method in the form of debit/credit cards, PayPal, and bank transfers among others.
There are multiple ways of buying ApeCoin in 2022. Here, we look at the three most common:
You can buy ApeCoin with credit cards and debit cards. They, after all, are one of the most preferred and most accessible payment options. The three top exchanges – eToro, Crypto.com, and Binance – discussed above will also let you buy APE coins with credit/debit cards on their platforms.
eToro is the best place to buy ApeCoin with a credit or debit card. Using credit and debit cards is one of the fastest and easiest ways to buy ApeCoin.
On eToro, you will enjoy fee-free deposits if you choose a USD-backed debit and credit card.
This way, you get the chance of depositing $1,000 and buying the total worth of your investment capital. Crypto.com and Binance, on the other hand, maintain a 2.99% and 4.5% transaction fee for card deposits, respectively.
Virtual currencies are highly volatile. Your capital is at risk.
The majority of crypto exchanges will not let you buy ApeCoin with PayPal. They don't process PayPal deposits. eToro, however, stands out as one of the few crypto exchanges where you can buy ApeCoin with PayPal.
If you are a verified PayPal account holder, you can link your wallet to your account on eToro. You can deposit any amount of money without paying any fees using PayPal.
Virtual currencies are highly volatile. Your capital is at risk.
Due to several hacking incidents, you should learn how to store your APEs on non-custodial wallets in addition to custodial wallets.
Some of the leading wallets that can be used to store ApeCoin include but are not limited to MetaMask, Ledger, imToken, Coinbase Wallet, TokenPocket, Freewallet, Assure Wallet, HyperPay, Math Wallet, SafePal, Coinhub, Coin98, BRD Wallet, Ambire Wallet, Argent Wallet, and TrustWallet.
You should know that crypto wallets come with passcodes that grant you exclusive access to your tokens.
Do all you can to store these codes in a safe place so that you can regain access to your wallet anytime.
Aside from the aforementioned wallet, eToro offers an eToro Money Crypto Wallet. This wallet can be found on Google Play and Apple Store. It is beginner-friendly.
Unlike TrustWallet or MetaMask, you can reset the password, and regain access to your eToro Money Crypto Wallet.
Virtual currencies are highly volatile. Your capital is at risk.
ApeCoin was launched on March 17, 2022, as a means to draw millions of crypto lovers to the non-fungible tokens (NFT) space. Inspired by one of the most successful NFT projects, Bored Ape Yacht Club (BAYC), and its sister project, the Mutant Ape Yacht Club (MAYC), ApeCoin is offering users a relatively cheaper and faster way of buying goods and services.
A prime example of what APE aims to do can be attributed to AXS (native asset of the Axie Infinity ecosystem), MANA (native asset of Decentraland), and SAND (native asset of the Sandbox).
The aforementioned tokens oversee transactions in their respective protocols.
Users who interact with their respective ecosystems can earn rewards in the form of the three tokens.
In the same way, aside from being used as a transactional currency, APE can be used to earn rewards in the video game Benji Bananas. In the not-too-distant future, with the launch of APEs metaverse called the Otherside, APE could soon be used to earn rewards in hundreds of blockchain-based games.
Taking these factors into perspective, many market commentators believe ApeCoin as a metaverse could surpass Axie Infinity.
Others believe ApeCoin will propel the Bored Ape Yacht Club to become the biggest NFT project in terms of all-time sales volume. Once this happens, APE could also become a large-cap digital asset that could be worth more than Fortune 100 companies.
ApeCoin, like most other top cryptocurrencies, has its upsides and drawbacks. There are numerous factors that make the ideal crypto investment today and a few that might have you reconsider its sustainability.
ApeCoin was one of the best-performing cryptocurrencies today. In early 2022, APE doubled the investments of millions of holders. With experts, gurus, and analysts at some of the most reputable crypto news and forecasting portals projecting APE to surpass $50 by the end of 2022, APE has a bright future.
Before you invest in ApeCoin or any digital asset, you should know that investing in highly volatile assets comes down to two factors. They are risks and rewards.
You should always ask the question, do the potential rewards of investing in ApeCoin outweigh the possible consequences of the risks?
ApeCoin can still be considered a novelty. It is too reliant on the Bored Ape Yacht Club and needs to find some independence among crypto investors to be considered as a digital asset with real potential.
With that said, APE has returned more than 3,000% and continues to surpass expectations in its young trading history.
ApeCoin is launching a metaverse which will increase its utility. It has been listed by BC.GAME (crypto casino) and TIME (magazine). APEs utility, transferability, divisibility, scarcity (it has a total and maximum supply), durability, and non-counterfeit ability could confer more value on the coin.
Virtual currencies are highly volatile. Your capital is at risk.
Some of the reasons why you might decide to buy ApeCoin to bring sparks to your portfolio are briefly discussed below.
Anytime you decide to invest in ApeCoin and cryptocurrencies in general, the first thing to look at is their trading history.
As earlier pointed out, ApeCoin was first launched on March 17, 2022. On that day, APE opened at $1.
What this means is that investing $10,000 could have bought you 10,000 APEs.
On the day of its launch, APE reached an all-time high price of $39.40, per data retrieved from CoinMarketCap.
This means that those that invested when ApeCoin launched on March 17 would have been looking at gains of almost 3,840%.
And as such, your 10,000 ApeCoins at a principal investment of $10,000 would have matured to $394,000.
The price of APE decreased substantially to $8.52 by the end of its launch day.
The highest APE reached again in March was $17.75 on March 18. The token inspired by BAYC closed the first quarter of 2022 with a trading price of $12.69.
APE opened in April 2022 with a price of $12.70 and reached a monthly high of $26.91 on April 28. Overall, this price increase took APE from a $3 billion valuation to more than $6 billion in market capitalization.
After its all-time high of $39.50 in March 2022, ApeCoin trades below $30, as of writing.
When you take a look at the price range of Bitcoin ($37,884.99/$47,512.03), Ethereum ($2,782.44/3,573.96), and Binance Coin ($382.08/459.81) in the same period, APE can be seen as a low barrier to enter the crypto finance market.
This means with $10,000, you can buy 0.21047301 BTC, 2.79801676 ETH, and 21.748113351 BNB.
With the same capital, you can buy more than 330 APEs. Should APE reach new milestones in the future, you stand a chance of seeing huge returns on your investments.
At the time of writing, AXS (around $34) and SAND (around $2) had market capitalizations of $2.079 billion and $2.65 billion respectively.
The two projects which are also housed in the ecosystem of Ethereum are older than the ApeCoin project.
With that said, APE commands a relatively higher market capitalization of more than $5 billion by the end of April 2022.
It has surpassed SANDs price but trails AXS.
With the potential recovery of the markets towards the end of 2022, there is a huge chance that APE could command a relatively higher price than AXS.
To tell you the truth, by adding APE to your portfolio, you stand a chance of seeing more massive earnings than well-established projects such as Axie Infinity, Decentraland, or the Sandbox.
Although digital assets are classified as highly volatile, buying APE today is better.
In comparison to the stock market, cryptocurrencies' unpredictability sees them offer more attractive returns in the short term.
For example, the S&P 500 has returned 13% year-to-date in 2022. In the same period, APE has returned more than 3,000%.
What this means is that investing in stocks is better for long-term value investors.
On the other hand, the same value investors can trust APE to increase by more than 1,000% in the future.
Virtual currencies are highly volatile. Your capital is at risk.
Since you know some of the benefits of adding ApeCoin to your portfolio, it would be in your interest to know the risks that need to be considered.
Once you know this, you will be emboldened to decide for or against buying ApeCoin today.
On any day, if a protocol is housed on the blockchain technology of Ethereum, that crypto project is destined for success. Unfortunately, being housed in the Ethereum ecosystem means that a protocol must succumb to all the features of the chain.
ApeCoin was born out of the Bored Ape Yacht Club and the Mutant Ape Yacht Club NFT projects which use the possibilities of the Ethereum chain to remain relevant.
We would like to remind you that TRON (by Justin Sun) and Binance (by Chanpeng Zhao) started as ERC20 tokens on Ethereum.
Seeing the potential of the market which could see their respective blockchains compete in the non-fungible token (NFT), decentralized finance, and stablecoin space, the two technology entrepreneurs moved to independent blockchains.
Today, Binance competes strongly with Ethereum in all areas of the stratosphere.
Justin Sun's TRON also rivals Ethereum in many areas and has seen more Tether (USDT) transactions on his network than on Vitalik Buterin's innovation.
With the launch of ApeCoin's metaverse (Otherside), it would be nice to see the ApeCoin Foundation move the project to an independent network.
Without that, ApeCoin may end up like Decentraland, Axie Infinity, Enjin, and the Sandbox.
They are great innovations but face several limitations since they are dependent on Ethereum for upgrades and efficiency.
As of the last day of April 2022, more than 19,000 cryptos are fighting for the same investors.
It is a known fact across crypto circles that younger projects receive attention from millions of investors since many consider them a potential golden goose.
With that said, ApeCoin is less than six months old.
The cryptocurrency has not survived the market.
Although it was launched in March 2022, a time when the financial markets looked forward to recovery, APE has weathered the storm. The token has performed extremely well in the two months of being a crypto trading asset.
As of writing, the value of ApeCoin was determined by demand and supply. With a total and maximum supply cap of 1 billion, there are more than 280 million APEs in circulation.
The unpredictability of the market means no analyst or expert can accurately project the future price patterns of the cryptocurrency. Shiba Inu (SHIB) reached an all-time high price of $0.00008845 on October 28, 2021, but trades for less than 70% of this price in April 2022.
SafeMoon (SAFEMOON) reached an all-time high price of $0.00001399 on April 20, 2021, and trades below 95% of this price in the fourth month of 2022.
In the future, if other projects that come with independent blockchains come along, there is a huge chance APE could succumb to the patterns of the market, and trade below 50% of its all-time high.
The majority of analysts are confident that ApeCoin is worth buying right now because of the potential value added by the project and the price will increase in the coming years and create an entry opportunity at this level and an uptrend into the foreseeable future. They are confident as the ApeCoin metaverse expands, especially as more brands build on the platform and more NFTs demand increases.
There is a growing list of factors that make ApeCoin cryptocurrency worth investing in, especially after the huge decline in the crypto market.
Virtual currencies are highly volatile. Your capital is at risk.
So far, in this post, you have learned as much as there is to know about ApeCoin. It is now time to learn how to buy your first ApeCoin token.
For illustration purposes, we will use the eToro exchange and platform. We use the exchange not just because it has a user-friendly platform but because the process of buying ApeCoin on the platform is easy and straightforward.
Here is the step-by-step guide on how to buy ApeCoin on eToro today:
Start by creating a user account on eToro. When you click the "Join Now" button on their official website, a registration form will pop up asking for basic personal information, financial standing, and history of online trading.
Virtual currencies are highly volatile. Your capital is at risk.
Given that eToro is a multi-regulated crypto exchange, it is bound to subject its clients to KYC/AML tests. The exchange will, therefore, demand that you verify your identity before you can start buying ApeCoin.
Once the account is approved, log in and on the user dashboard, click on the 'Deposit Funds' tab. You will be provided with a list of all supported payment options, such as Credit cards, debit cards, Skrill, PayPal, and Bank transfers. Choose one and follow the prompts to complete the deposit.
On the user dashboard, click on the 'Discover' tab and select "Crypto," find ApeCoin from the list of supported crypto assets and choose "Buy."
A trading tab will pop up, customize the trade by entering the number of APE tokens you wish to buy – or the cash you wish to spend buying ApeCoin – and click on the "Open Trade" button to complete the purchase.
Virtual currencies are highly volatile. Your capital is at risk.
In summary, our guide has taken in-depth research and looked at where to buy ApeCoin crypto today, the best platform to choose from, and provided a full detailed walkthrough of the investment princess.
ApeCoin is one of the best-performing cryptocurrencies in 2022. The project is making waves in the Web3 space with the launch of its metaverse called the Otherside in addition to its use as a transactional currency for TIME Magazine and BC.GAME.
If you are looking forward to buying ApeCoin for your portfolio today, the process can take just five minutes from a well-regulated exchange such as eToro. You can buy your APEs within seconds after becoming a fully verified customer. With an array of payment methods, you can buy ApeCoin with a minimum capital of just $10.
Virtual currencies are highly volatile. Your capital is at risk.
Yes, ApeCoin is worth buying because it has just posted an exemplary past price action. It has also proven its resilience and continues to draw in new areas of web 3, metaverse, and NFTS market. The majority of crypto experts and investors are confident that it will sustain its current uptrend and rally to newer heights in the foreseeable future.
No one can tell what ApeCoin will be worth in the next 5 years with utmost accuracy. Nonetheless, the majority of price forecasters are confident that APE will most probably break above $100 – with some like GOV Capital expecting it to reach above $160.
ApeCoin proved its resilience by surviving one of the most volatile in early 2022. At the moment, the altcoin is consolidating, with its prices have dipped 56% below its all-time high, but the vast crypto community is confident that it will rebound and set sight for new highs.
Virtually all the most popular crypto exchanges support ApeCoin tokens. But we consider eToro one of the best exchanges to buy ApeCoin crypto today because it has a user-friendly interface and is highly transparent about the trading and non-trading fees on its platform. eToro is also easily available and lets you buy ApeCoin for as little as $10.
Virtual currencies are highly volatile. Your capital is at risk.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.