ApeCoin (APE) is an ERC-20 token that acts as the governance token for ApeCoin DAO, a decentralized autonomous organization run by the community of APE holders. The APE Foundation carries out tasks assigned by ApeCoin DAO. APE is the result of the success of Yuga Labs, famous for generating the Bored Ape Yacht Club NFT series.
Zengo is a simple and secure non-custodial wallet that utilizes biometrics to keep your cryptocurrencies safe anywhere you go. It doesn’t matter if you are buying your first tokens or trading your portfolio. Zengo does it all.
Zengo is one of the safest and most user-friendly wallets on the market. The Zengo wallet is flexible, intuitive and prioritizes security and guaranteed recovery, making it a trusted choice for crypto traders around the world.
This is why so many crypto users choose the Zengo wallet:
The crypto market is always evolving, but there is no need to waste hours of your time trying to keep up with trends. With Zengo, it’s easy to access vital data about your coins, view APE’s performance, and execute trades with ease.
Sending crypto has never been so simple and secure. In only a few swipes, you can send and receive APE. All you need is to share your wallet address with the sender and check for a notification telling you when the coins are in your wallet.
Purchasing crypto is easy with Zengo, even for first-time buyers. Just swipe the asset you want to purchase and follow the prompts to buy APE or other tokens. Zengo has a wide selection of payment gateways around the world, making crypto accessible to everyone.
Zengo provides the most secure payment gateway, which makes it easy to purchase APE tokens with fiat currency, like Euros, US Dollars, and Pound Sterling.
A Zengo wallet helps you purchase APE through several convenient payment options. Choose from Credit Cards like Mastercard or VISA, SWIFT, mobile payment apps, SEPA, and Bank Transfers (but only in the EU or UK, and minimum amounts apply).
Zengo is a safe wallet to hold (or HODL) APE tokens for as long as you need to. The state-of-the-art security combined with guaranteed recovery methods means that even if you lose or break your smartphone, Zengo will make sure you can always access your crypto.
A Zengo wallet gives you access to better interest rates than most fiat banks through its savings service! Not every currency is supported, but keep checking in because new assets are being added often.
Are you interested in investing in APE tokens? Here are the facts to know before buying in:
The Bored Ape Yacht Club was first created by Greg Solano and Wylie Aronow, whose identities remained secret until Buzzfeed discovered their names registered to the business behind Bored Apes, Yuga Labs.
ApeCoin was created to allow governance and participation in the Ape Foundations ecosystem, where APE allows exclusive access to games, merchandise, and events. In addition, the APE coin encourages developers to incorporate APE into projects outside the APE ecosystem.
APE can be used to vote on governance decisions put forward by Ape DAO, gain exclusive access to services in the APE ecosystem, be used as a shared currency within the APE ecosystem, and interface APE with other projects.
ApeCoin was launched on March 17, 2022, and was distributed among Bored Ape holders, Yuga Labs, a charity, the founders, and companies in partnership with APE. Holders of other Yuga Labs NFTs like Mutant Apes and the Kennel Club also received APE tokens.
No, there is no way to mine APE as the supply is permanently fixed, and there are no smart contracts that can mint APE. There is no part of the protocol that can burn APE tokens, keeping supply the same.
On launch, all 1 billion APE tokens were minted. The majority, 62%, went to BAYC holders and to fund the APE ecosystem, 16% went to Yuga Labs and charity, 14% went to launch contributors, and 8% to the founders.
APE is an ERC-20 token built on the Ethereum blockchain, making all of its transactions viewable from Etherscan here. Bored Ape NFTs can be found on OpenSea.
APE is an ERC-20 token that runs in the APE Foundation ecosystem facilitating governance and actions in the ecosystem.
Every six months, the board members of the Ape Foundation will be voted on by the APE community.
The number of APE tokens in existence is set at 1 billion.
The Ape Foundation acts on behalf of ApeCoin DAO because DAOs still have limitations.
The ApeCoin ecosystem is open to any holder of APE.
ApeCoin is also partially run by a small project management team that acts out the Dao’s decisions in the real world.
ApeCoin DAO makes decisions, but a board of human beings carries them out.
Governance of ApeCoin is handled by a Decentralized Autonomous Organization that presents voting options to APE holders.
Proceeds from the initial mint of APE were given to the Jane Goodall Foundation for environmental causes.
The creators of Bored Ape Yacht Club kept their identity secret for years.
Owning and using a BAYC NFT for a profile picture has become a status symbol.
Reddit co-founder Alexis Ohanian served on the original Ape Foundation Board.
APE seeks to drive culture forward into the multiverse.
Zengo is a one-stop-shop for all your cryptocurrency needs. The wallet has several unique features that make trading a breeze, whether you are highly experienced or a complete beginner.
With Zengo, you can access your crypto portfolio at any time. Buy, trade, view, or send Ethereum to friends and family on the go, whenever you need to. Unlike other wallets, there are no minimums, no maximums, and no expensive transaction fees. Just safe and simple transacting.
Your assets are always safe with a Zengo wallet. Threshold key signature (TSS) cryptography is backed by 3-factor authentication and advanced facial recognition software. So even if your phone goes missing, Zengo’s features guarantee the recovery of your assets.
Zengo makes it simple and secure to buy, sell, send, or trade APE in just a couple of taps. No minimums, maximums, or hidden fees, Zengo keeps you in control while making trading simple.
Zengo will be able to restore access to your wallet and your coins through its authentication methods. If you lose your device at any time, our helpful agents will help you recover access in no time.
At Zengo, we love automation and technology but not for our helpdesk. Find live support agents directly in the app, whenever you need them. We’re available 24/7. Zengo will help new crypto investors every step of the way.
Technical knowledge isn’t needed to use Zengo. Just find Zengo in the App Store or Google Play and follow the steps to set up your wallet. Then, when you have verified your identity, select the APE or any other tokens you want to purchase from the home screen.
To store APE coins, you will need a wallet that supports them. Zengo’s biometrics and powerful security measures ensure your coins are always safe and no one else can access them. In addition, Zengo’s recovery methods can ensure your funds are returned to you, even if something happens to your phone, so you don’t need to worry.
Your Zengo wallet shows proof that you own your coins. A good wallet should be both simple and secure. Zengo’s APE wallet lets you send, trade, or hold crypto safely.
It takes just five easy steps to set up an APE wallet:
After your wallet is set up, you can buy and trade tokens.
A unique APE wallet address is created when you set up your Zengo account.
Simply tap APE on the home screen and swipe right. Under the QR code, you will see a string of numbers and letters – this is your wallet address. To receive APE coins, copy and paste the address to whoever wants to send you crypto. Another simple option is to have them scan your QR code.
In order to receive ApeCoins, the receiver must have an ApeCoin wallet address. If they don’t have one, you can send them a Zengo invite to create it. Once the person has provided their address, tap or swipe left on the APE token on your home screen. Next, enter the receiver’s wallet address and tap send. Soon after, the person should receive a notification from their wallet that the tokens have arrived.
With just a couple of clicks! Choose APE from the home screen and swipe left. Get the receiver’s wallet address, enter it into the prompts, tap send, and let the person receiving know they will get a confirmation.
Receiving APE is simple and secure. Just share your APE wallet address with the person sending the token. To do this, go to the Zengo home screen, select APE, and swipe to the right. The string of numbers and letters that appears is your unique address. Show info to the sender or have them scan the QR code. After the funds are sent, check for a notification from Zengo when the funds arrive.
Disclaimer: The information provided herein is for educational purposes only. Zengo does not provide any investment or financial advice whatsoever. As with any financial or investment decision, conduct your own research and due diligence to properly evaluate the benefits and risks of any investment or financial transaction and seek the advice and guidance of qualified financial professionals, in connection with any investment or financial transaction.
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