Quick summary: Our recommendation is to use the crypto exchange Swyftx to buy ApeCoin. They have over 300 cryptocurrencies available, have a fantastic app and great customer support. You also get $20 free BTC once you start trading!
Australia has a decent number of trusted and regulated crypto trading platforms, so it’s quite easy finding an exchange that has ApeCoin. While each one comes with its own feature-set and fee structure, most crypto exchanges function very similarly when it comes to buying crypto.
Let’s get into it!
How to Buy ApeCoin in Australia
There are only 4 main steps involved and it’s pretty straightforward:
1. Choose a crypto exchange
As mentioned above, we have plenty of options when it comes to Australian crypto exchanges. While that’s great, you ideally want to do a bit of research so you can use one that has a decent fee structure and more importantly, has ApeCoin in its list of cryptocurrencies.
Personally, we really like Swyftx, they have over 300 cryptocurrencies, a very smooth process for buying crypto, and their support team has been fantastic.
And if you sign up through our site, you’ll get 20$ worth of free BTC once you start trading, which is always nice.
So for this guide on buying ApeCoin, we’ll be using Swyftx as the exchange to go through. Any exchange would work of course, as long as they offer ApeCoin.
Or, if you’d like to know more about the exchanges we prefer, read our list of the best bitcoin brokers in Australia.
2. Sign up with the crypto exchange
Once you’ve decided on which exchange to use, it’s time to sign up.
Swyftx has a very streamlined sign-up process in place. The first step is to fill in the sign-up form.
Next up is to go through their basic verification process, called a KYC, which is required by law here in Australia. This should be very quick and easy.
Once done, it’s time for the next step.
3. Funding your account with AUD
To buy ApeCoin, you first need to transfer AUD to your Swyftx account using one of the many deposit methods available. From bank transfer to PayID, POLi pay and credit cards, plenty of options to choose from.
4. Buy ApeCoin
The final step is to go to their asset list, find ApeCoin, navigate to the buy section, and then trade your AUD for some APE. Once you’ve bought ApeCoin, you can track how much you’ve gained or lost either in the app (they have a great app), or on desktop on the left-hand side under your cryptocurrency list.
Where to Buy ApeCoin (APE)
|5/5||300+ cryptocurrencies||Visit Swyftx|
|4/5||200+ cryptocurrencies||Visit Coinspot|
|3/5||400+ cryptocurrencies||Visit Binance|
Disclaimer: Trading, investing, and dealing with digital and cryptocurrencies might involve a lot of risks. Their prices are volatile and performance is unpredictable. Their past performance is no guarantee of future performance.
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How to Sell ApeCoin
If you’re thinking about selling ApeCoin, just follow the steps below.
- Sign in to the crypto exchange (like Swyftx).
- Click on ApeCoin in your list of cryptocurrencies, or find your trading account if you’re using an exchange with different accounts.
- FInd the sell section and sell ApeCoin for AUD, or trade it for another cryptocurrency.
Frequently Asked Questions
Is buying ApeCoin in Australia legal?
Yes, you can legally buy and trade cryptocurrencies in Australia. We do of course recommend only using crypto exchanges regulated by AUSTRAC.
How to buy ApeCoin with PayPal?
Unfortunately, most crypto exchanges in Australia don’t support PayPal. The only exchange that you could use is eToro, but their cryptocurrency list is quite limited so you might not find ApeCoin. Have a look on their site first, you might be lucky.
How to buy ApeCoin with a credit card or debit card?
Most top exchanges support buying crypto with a credit or debit card. We would recommend Swyftx to buy ApeCoin with your credit/debit card.
ApeCoin is an ERC-20 governance token, utility token, that's used in the APE Ecosystem to empower and incentivize a decentralized community building on web3.
ApeCoin holders can manage their own affairs through the ApeCoin governance framework. They can also vote on how the ApeCoin DAO Ecosystem Fond should be used. ApeCoin holders are required to submit proposals to APE Foundation.
ApeCoin is a decentralized project that was inspired by Yuga Labs Bored Ape Yacht Club project. ApeCoin was designed to be used within the APE Ecosystem. APE Foundation supports this ecosystem. ApeCoin DAO allows ApeCoin holders to collaborate through transparent and permissive governance.
ApeCoin DAO members are represented by the APE Foundation's administrative council (the "Board") The Board is responsible for managing the day-to-day administration, bookkeeping, and other tasks that are necessary to ensure the Community's ideas get supported. ApeCoin DAO members are eligible to vote for Board members.
ApeCoin is the governance token of APE Ecosystem. It allows token holders to take part in ApeCoin Dao. It also gives its participants an open and common currency that can be used without any central intermediaries. The Ecosystem Fund received 62% of ApeCoin. This fund will be used to support community-driven initiatives as voted for by ApeCoin DAO members.
ApeCoin gives you access to certain areas of the Ecosystem that are otherwise unavailable. This includes access to exclusive games and services. ApeCoin is a platform that allows third-party developers to join the ecosystem by integrating ApeCoin in games, services and other projects.
Yuga Labs, the creators of Bored Ape Yacht Club gave an APE Foundation a 1-1 NFT. Yuga Labs granted all rights and privileges to NFT and its underlying artwork to the APE Foundation. ApeCoin DAO members can decide how this intellectual property is used.
ApeCoin is an ERC-20 token that was launched on Ethereum Blockchain. It is thus secured by Ethereum's Proof of Work (POW) consensus mechanism.