| Information about Ape Coin | |
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| Co-founder: | Yuga Labs (Bored Ape Yacht Club). |
| Publication Year: | 2022 |
| Token: | APE |
| Market capitalization: | ~ $1.07 billion |
| Website: | apecoin.com/ |
| Available: | In over 50 countries |
| Email: | [email protected] |
| Best APE Casino: | Stake |
| Best APE Bonus: | BC.Game |
Blockchain gaming, i.e. playing in specialized crypto casinos, is becoming increasingly popular. This trend has also Yuga Labs whose platform Bored Ape Yacht Club (BAYC) specializes in the development of NFTs specializes is. After the monkeys ("Bored Apes") from the NFT collection already met with a positive response, the company decided to create a own coin. This is called APE and is based on the eponymous ApeCoin platform.
Based on the ERC-20 blockchain based, there are currently around 315 million APEs in circulation, the market capitalization has already settled at 1.5 billion US dollars just a few months after the launch. The rapid growth is astonishing, because officially the ApeCoin has been only since March 2022. A total of one billion APE has been developed, of which 30.5% is available for the are ready.
Not only has word of APE's existence spread to crypto casinos, but Yuga Labs is also pursuing a vision to support various Metaverse projects, including the, including the BAYC NFT as well as a 2D mobile game called Benji Bananas. All projects and products developed by the group, allow payment in APE, in the future, more and more casino customers could also benefit from the ETH DApp-based currency.
Table of Contents
- Best APE Casinos
- What is Ape Coin?
- What is behind the Bored Ape Yacht Club?
- Buy APE Coin
- Deposit with APE Token in the casino
- Advantages & disadvantages of ApeCoin casinos
- Special features of the APE Coin
- Serious and safe playing with APE – what to consider
- Are there ApeCoin payment limits and how high are they?
- These games are available in the APE Casino
- Tips & tricks for paying with APE
- ApeCoin alternatives in online casinos
- ApeCoin Casino FAQ
- Conclusion about ApeCoin Casinos
The best APE Casinos
With APE, the Web 3.0 economy is enriched by a safe as well as fast and efficient currency. Because the coin has not been traded for too long it has had little time to gain a foothold in crypto casinos. Accordingly, the the list of providers that allow payments with Apecoin.
What is Ape Coin?
APE has been causing a stir in the crypto market since March 2022. Like many of its counterparts, it is also considered an ERC-20 token and runs on a proven network that is expected to meet high security standards. high security standards and a solid network transaction speed. transaction speed. Ethereum has proven itself as a platform, and has been for many years. Using ApeCoin is possible via Ethereum DApps and, from experience, it turns out to be very easy.
Actually, it went Yuga Labs wasn't so much about creating a cryptocurrency that would catch on in the gaming industry. Originally, the coin was as a currency for the in-house Metaverse gaming platform MetaRPG. developed. Namely, in the virtual world of Yuga Labs. all NFTs as game characters available as game characters.
This applies to both the BAYC NFTsthe long since famous monkeys with bored lookas well as for Meebits and Crypto Punk NFTs, two other projects to which the company has devoted itself in the past. Added as an addition in 2021 is the NFT collection Mutant Ape Yacht Club (MAYC)., which includes 20,000 individual works and features the characters from the original Bored Apes. In the new collection, they return as mutants.
In parallel with the planned Metaverse, ApeCoin is expected to be launched as a governance token and native currency can be used. The plan is to create a blockchain gaming world that offers unique content and features. In addition, MetaRPG plans to not only circulate NFTs, turn them into living characters and allow the purchase of them, but Players will also be able to purchase land, in digital form, of course.
The huge hype around APE can probably best be explained by the fact that the BFTs alone, consisting of 10,000 NFTs, the Bored Ape collection alone has been a has hit like a bomb. The most expensive ape sold on Ethereum achieved a Price of about 2.85 million US dollars. But the buyers are no strangers either. They include the likes of Eminem, Neymar, Paris Hilton and Justin Bieber.
The Coin has received a boost the release of the "Dookey Dash" game, among other things. game "Dookey Dash by Yuga Lab on January 18, 2024, and players reportedly spent over two million dollars within the first three weeks.
Video: What is ApeCoin? (English)
What's behind the Bored Ape Yacht Club?
Behind the NFT collection "Bored Ape Yacht Club", which is abbreviated as BAYC and to which ApeCoin was only added in early 2022, is a successful as well as visionary company. Yuga Labs is specialized in blockchain gaming, with plenty of other projects probably planned for the future, especially with digital currencies and NFTs in mind.
Glamorous is the Bored Ape Yacht Club in any case. The monkeys that reminiscent of comic drawingshave a high recognition value. Yuga Labs gave a similar look to the APE cryptocurrency that was released later. To become a club member, apparently investments starting at 250,000 US dollars are necessary, which can be seen as an "entry fee" understand. This sum must be invested in NFTs in order to be accepted into the circle of members in the first place.
The ApeCoin was developed to facilitate the pay in the club easier, so it is not really a classic cryptocurrency. not a classic cryptocurrencycryptocurrency, such as Bitcoin, but the idea of the operators was actually to create a club's own currency to develop. This makes a few weeks after the official starting signal already far beyond the club borders of itself and is de facto also available to crypto casino customers, who do not plan to join the Bored Apes club.
Buy APE Coin – how it works
Intended as a utility token, APE quickly became a popular cryptocurrency worldwidewhich is by no means only available to club members at BAYC. The ApeCoin can be purchased on numerous crypto exchanges more precisely almost almost everywhere where ERC-20 tokens are generally available. Thanks to the Ethereum base, it is therefore quite easy to buy APE.
From experience, most crypto casino customers are registered with an exchange and can access their wallet there. All those who are at the beginning and who are less familiar with the topic of wallets so far, we can recommend the following options for the purchase of APE:
So, the Ethereum network is the ticket for APE in casinos, but just as well on the well-known as experienced wallets. All the mentioned providers are considered secure. In addition, users benefit from a mostly simple handlingwhich does not require long explanations. Companies such as Exodus also show exactly which functions APE allowsincluding direct exchange, saving in the vault, or the mobile purchase of tokens.
Through the club, it would certainly be possible to earn APE and participate in the crypto game at the same time, but the way to the casino would be delayed. It is easier to choose an exchange, deposit money and exchange it for APE. Or you can use directly available ERC-20 tokens for the exchange.
APE purchase in a few steps:
- Preferred open exchange and register
- Deposit money (note minimum amounts)
- Verify account
- Buy APE and manage it on the wallet
- Alternatively, exchange other available ERC-20 tokens for APE.
It can be worthwhile to schedule a little time and observe the current observe the current price development. Even a few cents gain will make a difference in the long run, especially since the chances are good according to expert forecasts that the token will regain significant value in the near future.
Deposit with APE Token in the casino
Depositing to your favorite APE casino is similarly easy as with more popular cryptocurrencies. The basis for the transaction is the ERC-20 network, which is used by both Stake and BC.Game is provided. Once the login is successfully completed, only a few few simple steps need to be followed:
- Register or Login
- Click on wallet in the upper right corner
- Select APE from the dropdown menu
- Copy deposit address
- Enter into your own wallet
- Alternatively: scan QR code with smartphone
- Select desired amount
- Confirm transaction
- Go back to the casino and play
It usually takes only a few minutesuntil the credit is visible on the customer account in the preferred APE Casino. Thus, it does not take much patience before you can play for real winnings. Overall, the ApeCoin stands out due to fast transaction times stand out.
Advantages & disadvantages of APE casinos
- What advantages does APE offer as a casino payment method?
- What are the disadvantages with ApeCoin casinos?
What are the advantages of APE as a casino payment method?
APE buyers become part of a well-designed digital ecosystem and can have have a say in projects. In addition, no no third parties have access to APE assets, these are managed exclusively by the owner himself. In addition to this, ApeCoin Casinos has high security standards which are not least supported by the Ethereum network.
APE Coin advantages at a glance:
- Based on a valuable as well as successful brand
- Exclusive participation in the BAYC Club possible
- Relatively low token price
- High security thanks to ERC-20 standards
- Automatic participation in the APE ecosystem
What are the disadvantages with ApeCoin casinos?
Unlike stable coins, APE is highly volatile. It is therefore difficult to estimate in which direction the price of the digital currency will develop in the long term. If there is a loss in value, this will of course also be noticeable for players.
In addition, to date there are very few providersthat accept APE as a means of payment. On the one hand, this may be due to the fact that the token was only launched in March 2022. On the other hand, APE faces dozens of strong competitors that are based on similarly high standards, but are much more prominent in the gaming industry.
The disadvantages at a glance:
- Strong competition in the gaming industry
- Accepted by only a few providers
- Highly volatile currency
Behind ApeCoin there is no independent, stand-alone blockchain. The entire concept is based on the Ethereum network, which provides a secure basis, but is also precisely a reason why the values cannot be influenced by investors.
Special features of the APE Coin
APE developer Yuga Labs connects the token with already available NFT networks and the now hype Bored Ape Yacht Club. So the bored apes are, so to speak, the starting point for the own currency has been. However, the latter is not created on a special and unique blockchain, but like many other crypto developers, the Ethereum blockchain is used and thus relies on the tried and tested.
The club behind APE has already taken a beating. Thus, even lawsuit was filed against the company because lawyers are of the opinion that APE Coins as well as NFTs are are a capital investment. Such an investment is associated with certain risks, and a loss of value can logically never be completely ruled out. Despite the headwinds, Yuga Labs is able to move forward and hold on to its vision of building a vision to build a gigantic megaverse with Ape Coins as a means of payment.
All the facts at a glance:
- Proprietary ecosystem, based on the Bored Ape Yacht Club.
- NFTs and tokens in the future usable in the 2D game Benji Bananas
- Originally for own Metaverse platform intended coin
- Up to now manageable purchase price
- Supported by numerous famous personalities
A special feature of APE casinos is also that they are generally different from classic crypto casinos stand out. A good example of this is Stake Instead of listing a few well-known tokens, customers can now choose from a huge list of tokens. huge list of currencies to choose from. This is a bold step for the industry, because it is still unclear to what extent ApeCoin will succeed in holding its own against prominent alternatives like Bitcoin and Ethereum.
On the other hand, of course, it can be said that APE casinos are filling a gap and seem to be deliberately connecting those target groups who are willing to tread new paths when it comes to cryptos. Whether APE ends up being a big hype or establishes itself in the long run is something no one can predict. In any case, Yuga Labs has already caused a lot of furor with the token shortly after the official launch.
Playing seriously and securely with APE – what you need to keep in mind
The token is inherently very secureThis is due in particular to the ERC-20 network, which meets the highest security standards. However, this does not say much about how fair and reliable the casino is where APE is played.
Therefore, some requirements should be checked in advance. This is especially true for the Gambling licensewhich is a clear indication of seriousness is. On the other hand, factors such as the presence of the popular Provably Fair crypto games as well as the slots and classics of established brands indicate a reputable basis.
Are there ApeCoin payment limits and how high are they?
Deposits are generally unlimited possible. There is no minimum amount in the APE casinos we know. When it comes to paying out winnings, however, things look a little different. Stake specifies a minimum of 0.97 APE, but there are no upper limits for players.
The only thing that has to be taken into account is the Network transaction fee. Also in terms of that, the established casinos disclose all information. The costs as such are absolutely manageable at Stake with an amount of 0.155 APE.
These games are available at APE Casino
If the deposit is made in ApeCoin, casino customers of course do not have to not have to do without any of their favorite games. The portfolio in crypto casinos can be described as extremely extensive. But the best thing is that the choice of currency is completely irrelevant for the availability of slots, classics and live games.
Gaming options with APE tokens:
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It is not only in terms of quantity that APE casinos like BC.Game and Stake manage to stand out. Both companies also rely on the cooperation with top-class, well-known gaming studios – starting with NetEnt to Big Time Gaming or also Pragmatic Play just to name a few.
Tips & tricks for payment with APE
No special precautions need to be taken to use APE as a means of payment. Of course, this only applies insofar as the token is accepted by the chosen provider. Like all digital coins, APE has a certain savings potential. This is primarily due to the fact that crypto exchanges sometimes differ significantly with regard to the exchange fees. exchange fees, crypto exchanges sometimes differ show.
It is worthwhile to compare the compare the wallets at an early stage and, ideally, to invest in ApeCoin before registering at the casino. This can sometimes save time.
ApeCoin Casino – useful tips:
- Comparison of the wallets with a view to fees
- Invest in APE as long as the price is low is
- Pay attention to withdrawal limits, if available
As already explained, players are not limited in payouts with APE are unlimited. set. However, a minimum amount must be available. In addition, the amount of the incurred network fees on the player account, because only then can these be covered and nothing stands in the way of a fast and secure payout.
ApeCoin alternatives in online casinos
Our specialist editorial team has reviewed numerous casinos specializing in crypto payments in the past. So far there are not too many companies, which allow their customers to deposit and withdraw with APE deposits and withdrawals. All the more it can help to also look into alternatives of the still quite young digital currency. Gambling providers are very versatile when it comes to the accepted coins. Here some examples:
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Bitcoin -
Ethereum -
Litecoin -
Tether -
Dogecoin -
SAND Coin -
Uniswap -
Tron -
Polkadot -
Stellar Lumen -
Bitcoin Cash -
USD Coin
With Bitcoin, Ethereum or even Litecoin, you can now even deposit in casinos that do not focus exclusively on cryptos, but which also allow for classic real money payments, be it via e-wallet, bank transfer or prepaid card. Options like APE on the other hand, belong to the "exotic" ones, which are mostly accepted exclusively by pure crypto casinos are accepted.
ApeCoin Casino FAQ
Behind the APE Coin is much more than a digital currency. Although it is supposed to be used in many areas, it is primarily used in the Yuga Labs network, including the Bored Ape Yacht Club. So questions around the token may well arise.
- Since when has the cryptocurrency APE been accepted in casinos?
- Is the Ape Coin a secure cryptocurrency?
- How high are the APE transaction fees?
- Are ApeCoin NFTs accepted for payments in the casino?
- Is the ApeCoin currency suitable for playing at the crypto casino?
- Where can I find info on the APE Coin exchange rate?
1.) Since when has the cryptocurrency APE been accepted in casinos?
The ApeCoin was introduced in March 2022 for trading However, casinos such as Stake and BC.Game did not officially accept it as a payment method until a few months later. accepted it as a means of payment. While the aforementioned providers are not pure APE casinos, they do accept quite a few tokens overall.
At least in theory, Ape NFTs would be an interesting payment option as well, so far the casinos in our list are limited in our list are limited to coins. Deposits with Bored Ape NFTs are not possible so far.
2.) Is the Ape Coin a secure cryptocurrency?
The basis of the token is the Ethereum network, which has long since proven itself. The security standards of the ERC-20 platform are considered exemplary. All the less APE investors have to worry about the protection of their funds. Even more security is provided by the fact that ApeCoin accounts are managed are managed exclusively by their owner. Third parties are therefore not involved here.
The properties typical for typical properties and security and security features are also present in APE. The decisive factor for investors is to keep both the wallet and casino casino access data secretly, i.e. not to disclose them to third parties.
3.) What are the APE transaction fees?
The transaction fees associated with ApeCoin transaction costs are very low. Providers like Stake that accept APE as a currency usually disclose all fees and costs. These are deducted directly from the account when a profit is paid out.
In the wallet there are also small exchange fees accrue. However, it is difficult to name a flat amount, as the costs can vary from provider to provider.
4.) Are ApeCoin NFTs accepted for payments in the casino?
There are actually one or two providers that accept BAYC NFTs in addition to APE tokens. So you can deposit with both countervalues, as well as a withdrawal is possible in the same currency.
5.) Is the ApeCoin currency suitable for playing at the crypto casino?
ApeCoin is a rather young digital fairly young digital currency, which was only launched in March 2022 as an ERC-20 token. It can take several years for a coin to become established. This is especially true for the distribution in different industries, in our special case crypto casinos.
This means that there are currently only a few gambling providersthat accept APE alongside other coins as a means of payment. These are primarily pioneers in the industry, such as the following Stake and BC.Game.
6.) Where can I find information about the APE coin price?
Information about the price development and the current price of the token can be found on all common crypto exchanges, for example at Coinbase. It makes sense to buy as a casino player who only wants to use ApeCoin as a means of payment then, when the price is low is.
Also not to be underestimated is the Market capitalization. It can be seen where the journey is going and whether the purchase of ApeCoins is also worthwhile in the long term.
Conclusion about ApeCoin Casinos
©twitter.com/apecoin – regular news about ApeCoin on Twitter
The in released in March 2022 Crypto currency APE had to take early criticism. Experts initially speculated that it could be a short flash in the pan. To date, the ApeCoin has managed to prove skeptics wrong. This is supported in particular by the growing acceptance of the "monkey coin" as a currency and means of payment.
Whether and how quickly APE can assert itself against known cryptos cannot yet be estimated. The concept behind it, as well as the opportunity to be part of an extremely glamorous NFT club is reason enough to take a closer look at the currency.
The ApeCoin promises casino customers a particularly high level of security. high securitywhich is based on the ERC-20 network. And also the Price per token is currently so manageable that a purchase may even be more worthwhile than investing in BTC.
Author: Jake ErvingRated: ApeCoinAuthor Rating:
