How to buy ApeCoin (APE) online

ApeCoin is a cryptocurrency created by Yuga Labs, the company behind the Bored Ape Yacht Club NFTs. Find out how to buy ApeCoin in this beginner’s guide.
By: James Knight
James Knight
James is the lead content editor for Invezz, covering the stock market, cryptocurrency, and macroeconomic markets. Outside of work,… read more.
Updated: Apr 11, 2022

This page introduces ApeCoin and takes you through everything you need to know about the coin. Learn about how Yuga Labs, its creators, hope to produce a play-to-earn game and compare the best places to buy ApeCoin now.

Compare where to buy ApeCoin, and open an account

ApeCoin is available with all top crypto brokers and you can sign up to one of the options below to buy the coin today. Use the links in the table to create an account, or read on to learn more about ApeCoin.

1
Min. Deposit
$10
Promotion
User Score
10
Accepts customers from the USA
Deposit $100 and get a $10 bonus!* Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world's leading social trading and investing platform
Start Trading
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods
Bank Transfer, Wire Transfer
Full regulations list:
CySEC, FCA
2
Min. Deposit
$0
Promotion
User Score
9.3
Nexo is the world's largest and most trusted lending institution in the digital finance industry
Available in 200+ jurisdictions
Earn daily interest on your crypto
Start Trading
Description:
Since 2018 Nexo has strived to bring professional financial services to the world of digital assets. Leveraging the best of the team's years of experience in FinTech along with the power of blockchain technology, Nexo empowers millions of people to harness the value behind their crypto assets, shaping a new, better financial system.
Payment Methods
Full regulations list:

How to buy ApeCoin online – a step-by-step guide

Step 1. Find an exchange

An exchange is an online marketplace where you can buy and sell crypto from other people. It usually offers the best prices and you can easily swap between different coins. Choose from one of the best exchanges to buy APE below:

  • Binance: Binance is the largest and most popular crypto exchange platform. It offers a huge variety of different coins and coin swaps, and a helpful academy section to show you the ropes. Join Binance now >
  • FTX: FTX is a platform for crypto investors who want more advanced features. It offers derivative trading as well as things like leverage and futures markets. Sign up for FTX today >

Step 2. Sign up and fund your account

Creating an account is simple, as it just requires some contact details and a form of ID. You might have to provide additional documentation to verify your account, such as a utility bill as proof-of-address, although this can vary across platforms.

To fund your account, you can transfer money via a bank transfer or credit/debit card. There may be some other payment methods available too, such as PayPal, although this again varies between platforms.

Step 3. Purchase

Search for ApeCoin using its symbol, APE. From the list of results, choose the pair that corresponds with how you want to pay for your coins, so pick APE/USD if you want to buy with US Dollars.

Decide how much you want to buy and then pick between a market order (buying now at the current market rate) or a limit order (fixing your purchase price and waiting until the market price reaches that figure). A market order is best for speed, a limit order is normally best for price.

Step 4. (Optional) Get a suitable wallet

Once your purchase has gone through, the new coins will show up in the wallet section of your account. From there, you can move them off the exchange and into a dedicated crypto wallet, which offers more security and control over your money. A couple of the best wallet providers are available below:

  • Coolwallet: Coolwallet is an online wallet that lets you store and manage your coins through a web browser or on a mobile app. It’s free to sign up and use and you can get started instantly. Sign up for Coolwallet today >
  • Ledger Nano S: The Ledger Nano S is a hardware wallet, which means it comes in the form of a small, USB like device that holds your coins entirely offline. You manage the money through an app on your phone or computer. Get the Ledger Nano S now >
1
Min. Deposit
$1
Promotion
User Score
10
The world's largest cryptocurrency exchange with over 2bn daily users
Innovative trading platform offering enormous range of crypto coins
Supports over 60 methods of payment including PayPal
Start Trading
Payment Methods:
1Pay, 2C2P, 3d Secure Credit Card, ACH, ANELIK, Abaqoos, AdvCash, AlertPay, Alfa-Click
Algocharge, AliPay, American Express, Apple Pay, AstroPay, BPAY, Bank Link, Bank Transfer, Bank Wire, Baofoo, BitGold, BitPay, Bitcoin, Boleto, Bonds, Borneo Exchanger, Bradesco, CEX.io Mobile App, CFDs, CSS System, CUPS, CartaSi, Carte Bleu, Carte Bleue, Cash, CashU, Cashier Order, Check, Check (UK only), China UinonPay, China Union Pay, China UnionPay, ClickandBuy, Commodities, Contact, Contact Z, Credit Card, Cryptocurrencies, Currencies, DCPay, DIXIPAY, Dankort, Debit Card, Dengi Online, DineroMail, DirectPay, Dotpay, E-dinar, ELV, ENets, EPS, ETFs, EXCARD, Easy2Pay, EcoPayz, Ecommpay, Ecurrencyzone, EgoPay, Emerchant Pay, Eprotections, EstroPay, Ethereum, Euro Bank Account, Euteller, Express Dotpay, Express Polish Post Office 24/7, Express Zabka Market, Ezeebill, Ezybonds, FasaPay, Fastapay, Fastbank, Faster Payments, FilsPay, Forex, GTBank, Gate2Shop, Giropay, GlobalCollect, GlobalPAY, GlobePay, Gluepay, Google Pay, Halcash, I-Account, IPS, Ideal, Indices, Individual US State License(s), Indonesia Exchanger, InstaBill, Instadebit, IntellectMoney, Interswitch, Investmate, Investmate, Itukar, KNET, Klarna, LaoForexBoard, LavaPay, Lion Payment, LiqPay, Litecoin, Lobanet, MOTO, MT4, MT5, Mailing Cash, Market Maker, Masari, Mastercard, MegaTransfer, Mister Cash, Mobile Trading App, Mobile Trading Platform, Moneta, Money Bookers, Money Order, MoneyBookers, MoneyGram, MoneyPolo, Multibanco, NETBANX, Nab, Namecoin, Neosurf, NetPay, OKPAY, OMT, OmahPoin, OnPay.ru, Online Naira, OrangePay, PAYSEC, POLi, POLi & BPay, PYEER, PagoEfectivo, Paxum, Pay Nova, PayCo, PayPal, PayRetailers, PayWeb, Payeer, Payoneer, Payonline, Payvision, Payza, Perfect Money, PocketMoni, Postbank, Powercash 21, Prepaid MasterCard, Prepaid MasterCard (I-Account), Prepaid MasterCard (Intercash), Prepaid MasterCard (Payoneer), Privat 24, Przelewy24, QIWI, RBK Money, Rapid Transfer, RegularPay, SEPA, Safecharge, SafetyPay, SahibExchange, Shilling, SmartPay, Sofort, SolidTrust Pay, SorexPay, Sporopay, Stock Certificate, Stocks, Swish, Teleingreso, Thailand Exchanger, Ticketsurf, Todito Cash, Trade Interceptor, Transact Europe Payment, Trazus, TrustPay, Trustly, UAE Exchange, UPayCard, USD, Ukash, Unet, UnionPay, Unistream, Uphold, Verve, Vietnam Exchanger, Visa, VixiPay, VoguePay, Vouchers, Wallet One, WeChat, Web Based Trading Platform, WebMoney, WebPay, Webtrader, Western Union, Wire Transfer, Wirecard, Yandex, Yandex Money, Yemadai, YuuPay, Z-Payment, Zenith, cTrader, dinpay, eCard, eCheck, eKonto, ePay bg, ePayments Transfer, eToro Mobile Trading Platform, eToro Trading Platform, eTranzact, iPay, mPay, neteller, paysafecard, postepay, skrill, unichange.me
Full Regulations:

How to trade ApeCoin – a step-by-step guide

Step 1. Find a broker

Trading cryptocurrency means buying and selling a coin regularly to try to make a profit from changes in its price. The best way to do this is through a broker that charges low trading fees and lets you buy and sell ApeCoin at any time, such as the platforms below:

  • eToro. eToro is the most popular broker platform around and it lets you buy and sell cryptocurrencies, as well as traditional finance assets like stocks and currencies. Sign up with eToro today >

Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.

Step 2. Create an account and deposit money

Setting up a broker account is a quick and easy process. Like with an exchange, all you need to do is supply some contact details and a form of ID, like a passport or driving licence. You can fund the account via a bank transfer, card payment, or by using an alternative payment provider.

Step 3. Learn how to perform technical analysis

Trading is based around technical analysis, which is the art of studying price charts in order to identify patterns. You then use those patterns to predict how the price might move in the future, and buy or sell coins accordingly. It’s important to understand this form of analysis in order to trade successfully, because it has a major impact on how prices move.

Step 4. Decide whether to go long or short

Brokers allow you to both buy (go long) and sell (go short) a coin. Use your technical analysis to predict which way you expect the price to move, and then go long or short. You should also decide where to close out the trade and take a profit (or loss) ahead of time.

Step 5. Make the trade

Search for ApeCoin through the ticker, APE, and then decide how much to buy or sell at the current market rate. Once you’ve checked over the details of the trade, execute it and you’ll be able to see your new coins in the open positions section of your account.

1
Min. Deposit
$10
Promotion
User Score
10
Accepts customers from the USA
Deposit $100 and get a $10 bonus!* Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world's leading social trading and investing platform
Start Trading
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods
Bank Transfer, Wire Transfer
Full regulations list:
CySEC, FCA

Should I invest in ApeCoin?

It’s best suited to people who are interested in NFTs or who want to invest in the metaverse. The company behind ApeCoin is Yuga Labs, who also created the Bored Ape Yacht Club and now owns the Cryptopunk NFT project as well.

You should note that ApeCoin is a new cryptocurrency, and coins are often especially volatile in the early stages of their lifecycle. However, the fact it has such a well known company behind it bodes well for its future success.

Along with its role in the NFT world, Yuga Labs wants to expand into gaming and creating content in the metaverse. ApeCoin is part of that, and it’s likely that any project Yuga Labs creates will require its users to own ApeCoin in order to take part.

Still undecided?

If you aren’t sure whether ApeCoin is for you yet, we have summarised the pros and cons of the cryptocurrency in the table below. Use this advice to help you make a decision.

Pros

  • Part of the Bored Ape Yacht Club project
  • Backed by a big name in the crypto space
  • Will almost certainly be required to play any game or project created by Yuga Labs in the future
  • Existing BAYC NFT holders get priority access to ApeCoin

Cons

Below are three more questions to help you decide whether to invest in ApeCoin, and how best to time your purchase.

1. Is now a good time to buy ApeCoin?

It might be a good time to buy before Yuga Labs releases its gaming title, which is due at some point in 2022. Play to earn games like Axie Infinity have been extremely successful and its cryptocurrency soared in value as the game became popular. If you expect a similar thing to happen here, then buying now before the game is released might be best.

If you’re simply a trader looking for an opportunity to make a short term profit, however, then you should analyse the price and wait until you see a buying pattern. Our team of crypto analysts are always looking through the markets to find these trends and you can use the links below to find their latest advice.

2. What problem does ApeCoin solve, and what are its investment prospects?

Eventually it’s going to allow people to access exclusive features, such as merchandise, events, and games, just like how BAYC NFT owners can access special events today. Right now, it’s more like an investment in the creativity of the company that created the Bored Ape Yacht Club.

Until ApeCoin has some more concrete uses, it’s difficult to dive into its long term prospects. However, BAYC has been remarkably successful and Yuga Labs plans to create lots of different games, as well as other projects as part of a wider ‘APE’ ecosystem. ApeCoin will be a major part of that ecosystem.

At the moment you need to be prepared for some volatility, as there is a degree of speculation in buying ApeCoin today. If you do decide to invest, then keep up to date with the latest news on Yuga Labs projects, exclusive events, and new merchandise using the links below.

ApeCoin APE/USD is a cryptocurrency that is behind the Bored Ape Yacht Club Non-fungible tokens (NFTs) as well as the Otherside metaverse. In other words, it is a token specifically created to power and add utility across all Yuga Labs endeavors within the crypto space, the…
ApeCoin APE/USD is an ERC-20 utility as well as governance token primarily developed to be used as a part of the APE ecosystem. The main goal this token has is to empower the overall decentralized APE community as it builds Web 3.0 functionalities. APE is governed…

3. Do you want to hold ApeCoin for the long term?

ApeCoin is best as a long term hold if you hope to use the coins to access exclusive content, such as playing games or buying merch. That isn’t the only way to go, however, and below is a summary of what to consider before taking a long term versus short term approach.

Considerations for a long term investment strategy

To buy and hold for the long term you should sign up for an exchange and use that platform to buy your coins. Then transfer those coins to a dedicated crypto wallet to keep them safe until you can use them.

Considerations for a short term trading strategy

A short term trading approach means studying the APE price in order to pick out trends and then using that information to buy and sell the coin quickly. The best way to do that is to sign up for a broker that charges low trading fees.


Fact-checking & references

Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.

Risk disclaimer

Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >

James Knight
Lead content editor
James is the lead content editor for Invezz, covering the stock market, cryptocurrency, and macroeconomic markets. Outside of work, James is an avid trader and golfer… read more.