Using Zengo, you can safely and securely trade Bitcoin (BTC) for ApeCoin (APE). In this guide, we will walk you through how to swap your cryptocurrencies.
Bitcoin (BTC) is one of the most popular and acclaimed cryptocurrencies since Satoshi Nakamoto introduced it in 2008 and launched it in 2009. As a decentralized digital currency, it operates independently of traditional banking systems, democratizing monetary controls. Bitcoin uses the proof-of-work algorithm to generate new coins through a computational process called mining. Further, Bitcoin uses a network of interconnected data blocks to record individual transactions, commonly known as the Bitcoin blockchain. With Bitcoin’s open-source nature, it is widely accessible and popular for buying, selling, and trading.
ApeCoin (APE) is a Utility Token founded by the Bored Ape Yacht Club (BAYC) in 2022, primarily operating on the Ethereum blockchain. Its primary purpose is to serve as the native utility token of the ApeCoin ecosystem, enabling holders to participate in the governance of the ecosystem, access exclusive content and experiences, and trade and transact with other community members. Unique features include the ability to stake APE to earn rewards, participate in DAO governance, and access exclusive NFT drops and experiences.
Zengo provides a safe and secure platform to trade BTC for APE. To begin, download the Zengo app from Google Play or the Apple App Store. You can start trading after setting up an account and completing the onboarding process.
Once your Zengo account is ready, follow the step-by-step instructions to swap your BTC for APE:
Log into your Zengo app and tap the “Actions” button on the main menu.
Select the BTC and APE pair (or vice versa) and specify the amount you wish to trade.
Take a moment to review all of the transaction details, and click “Confirm.” You will receive a notification once the trade is complete.
Zengo’s intuitive platform makes trading BTC for APE easy and secure. Learn why Zengo is the top choice for maintaining and managing your crypto holdings:
With Zengo, you can securely buy, trade, and store a wide array of cryptocurrencies, including Bitcoin, Ethereum, Chainlink, Dogecoin, and Polygon. Furthermore, as a Web3-ready crypto and NFT wallet, Zengo has WalletConnect functionality so that you can safely connect to various decentralized applications (Dapps).
Zengo utilizes high-quality security tools and replaces standard keys with MPC technology, biometrics, and a 3-factor authentication method, ensuring safety for your cryptocurrency wallet. Additionally, Zengo offers a robust Web3 firewall, protecting your interactions with various Web3 Dapps. Explore Zengo’s safety and security protocols.
Zengo, as a non-custodial wallet, provides complete control over your private keys and enables easy access to your holdings. Zengo’s app is intuitive and easy to use regardless of whether you’re new to trading or an experienced trader.
Zengo offers fair and competitive trading fees for a variety of digital assets. In addition, Zengo doesn’t charge a fee for sending or receiving cryptocurrencies; however, third-party fees may still apply. Additionally, you can choose how much you are willing to pay for gas fees. You can either pay less and wait a bit longer for a transaction to go through or pay more and get it done faster. The final decision is yours. You can learn more about our custom network fees here.
With Zengo’s keyless recovery system, you can recover your account even if your phone has been stolen or broken or you accidentally removed the app. To do so, simply download the Zengo app on your newly acquired device and log back into your account using your Facial ID.
At Zengo, we prioritize your needs with our continuous customer support. Our team is here for you 24/7, including weekends and holidays. Anytime you have questions about Zengo or need support, contact our team via live chat in the Zengo app or email. For more general inquiries, please visit the Online Help Center.
Although the cryptocurrency market is intriguing, it is also unregulated, and its values are highly volatile and may fluctuate quickly. Zengo ensures a safeguarded platform for your cryptocurrency and NFT holdings, yet it does not give any financial recommendations. Before investing in cryptocurrency or NFT, it is essential to do thorough research.
If you still have questions about trading BTC for APE with Zengo, check the following FAQs below.
Bitcoin (BTC) is the pioneer cryptocurrency operating on its own blockchain platform and is designed to function as a decentralized digital token, enabling peer-to-peer transactions without intermediaries. On the other hand, ApeCoin (APE) is a Utility token operating on the Ethereum blockchain. APE token holders are able to make governance decisions, vote, and decide on issues, including partnerships, projects, and more. The Apecoin ecosystem grows with the help of the token and the holders.
Swapping BTC for APE means trading your BTC assets for APE tokens, or vice versa, using Zengo’s swapping feature.
A trusted crypto wallet is necessary for a safe token swap. With Zengo, you can safely swap tokens, plus you get additional features and security.
The minimum amounts for trading BTC and APE can differ due to market fluctuations. In the Zengo app, you can view this currency pair’s current minimum and maximum limits. To do this, open the Zengo app, select the trading function, and choose BTC and APE. For additional details on Zengo’s fees and limits, click here.
Zengo provides a non-custodial wallet solution where you can easily swap BTC and APE for several other cryptocurrencies, such as ETH, DOGE, LINK, XTZ, SAND, and VGX. However, market conditions can change the availability of some trading pairs. For the most up-to-date information, open the app and check the availability of trading by selecting your preferred tokens.
Yes, Zengo provides a straightforward way to transfer supported cryptocurrencies securely. Open the app, select the token you intend to send, click “Actions,” hit “Send,” enter the specific amount and receiving address, and then confirm the process as guided on-screen.
When the BTC to APE trade is successful, you will receive a notification on your device. You can also check the status by visiting the app’s transaction history. When finalized, the status will be switched from “Trade Received” to “Trade Pending.”
You can buy both BTC and APE through Zengo’s fiat-to-crypto on-ramp gateway. To buy new tokens, launch the Zengo app, select “Actions,” click on “Buy,” and then follow the steps. Multiple payment options are available, including MasterCard, Visa, Apple Pay, and bank wire transfers.
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