All About ApeCoin (APE)

APE is an ERC-20 token released by ApeCoin DAO that serves as the governance and utility token for the APE ecosystem.

ApeCoin (APE) is an Ethereum token designed for the APE ecosystem and community.

What is ApeCoin (APE)?

APE is an ERC-20 token that functions as a governance token and membership pass for token holders. As a governance token, APE holders can submit and vote on proposals for the DAO’s Ecosystem Fund allocations, governance rules, projects, partnerships, and beyond. APE holders can vote to spend the Ecosystem Funds on a variety of community initiatives for the continued development of the APE ecosystem.

In addition to the governance aspect, APE offers token holders additional utility in the form of a membership pass functionality that grants users access to games, services, and events across the APE ecosystem. APE also serves as a community incentive, allowing token holders to earn APE through grants approved by ApeCoin DAO members. Finally, APE will be used as the native currency for play to earn (P2E) platforms within the APE ecosystem. While users can buy APE from digital asset platforms like Binance.US, APE will also be airdropped to existing BAYC and Mutant Ape Yacht Club (MAYC) NFT holders. There is a maximum supply of one billion APE. No additional tokens can be minted.

How to trade ApeCoin (APE) on Binance.US

Trade ApeCoin (APE) on the APE/USD and APE/USDT pairs.

Buy ApeCoin (APE) with Bank Transfer (ACH), Debit Card, or Wire Transfer once trading goes live.

*Note: This article was last updated on March 23, 2022. Deposits for APE first opened on March 17, 2022 at 5:30 a.m. PDT / 8:30 a.m. EDT. Trading opened on APE/USD and APE/UDST pairs 12 hours later, followed by "Buy Crypto" functionality on March 23, 2022.

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