Get to know APE, the new ERC20 crypto asset on Indodax
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Get to know APE, the new ERC20 crypto asset on Indodax

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Get to know APE, the new ERC20 crypto asset on Indodax

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This week, the APE crypto asset will be listed on Indodax. Open deposit will start on April 13, 2022 at 14:00 WIB and open trading will start on April 14, 2022 also at 14:00 WIB.

One of the crypto assets that works on the ERC20 system, APE is now available on Indodax. APE will work as a decentralized protocol layer for community-led initiatives that push culture forward into the metaverse. Let’s cut to the chase! Come and find out more here!

What is APECOIN

APE is a token created to support what is further controlled, and built by the community. APE will serve as a decentralized protocol layer for community-led initiatives that push culture forward into the metaverse.

ApeCoin is an ERC-20 governance and utility token used within the APE Ecosystem to empower and drive decentralized community building at the forefront of the web3.

ApeCoin holders govern themselves through a decentralized governance framework that controls the ApeCoin DAO, and vote on how the ApeCoin DAO Ecosystem Fund should be used. APE Foundation manages proposals approved by ApeCoin holders.

What is the APE Foundation?

APE Foundation is the administrator of ApeCoin. The APE Foundation is the foundation layer that ApeCoin holders can build on the ApeCoin DAO.

The APE Foundation facilitates decentralized, community-led governance and is designed to become more decentralized over time. The APE Foundation is in charge of managing the decisions of the ApeCoin DAO, and is responsible for the day-to-day administration, bookkeeping, project management, and other tasks that ensure DAO community ideas have the support they need to become a reality.

The aim of the APE Foundation is to safeguard the growth and development of the APE ecosystem in an equitable and inclusive manner. The APE Foundation uses the Ecosystem Fund, controlled by a multisig wallet, to pay its expenses as directed by the ApeCoin DAO and provide infrastructure for ApeCoin holders to collaborate through an open and permissionless governance process.

ApeCoin Founder

ApeCoin is a decentralized project inspired by the Bored Ape Yacht Club project from Yuga Labs. ApeCoin was founded for use within the growing APE Ecosystem, which is supported by the APE Foundation. The ApeCoin DAO aims to build and maintain the APE Ecosystem in a fair and inclusive manner, providing infrastructure for ApeCoin holders to collaborate through an open and permissionless governance process.

The administrative board within the APE Foundation will implement the decisions of the ApeCoin DAO members. The Board is responsible for day-to-day administration, bookkeeping, project management, and other tasks ensuring Community ideas have the support they need to become a reality. ApeCoin DAO members vote on Board members.

APE Crypto Assets

The current CoinMarketCap ranking is #46, with a live market cap of $3,399,178,654 USD. It has a circulating supply of 277,500,000 APE coins and a max. supply of 1,000,000,000 APE coins.

How to Buy APE Crypto Assets on Indodax

For those of you who want to buy APE crypto assets, you can buy them on Indodax starting April 13, 2022 at 14:00 WIB

Here’s how to buy it:

  1. For those of you who are not yet a member, you can click the link here
  2. After that, make a deposit. For those of you who are confused about how to deposit, click on this link
  3. After your deposit and balance come in, you can return to the market
  4. Look for APE in the Rupiah market then click
  5. After entering, all you have to do is buy by filling in the balance and at what price you want to buy APE. You can also buy it instantly or directly at the current price
  6. After that, you need to patiently wait for the price to increase for some time
  7. After the price increases, you can sell it at a higher price with the instant method
  8. If you sell with the limit method, you can place orders after buying. Make sure you enter a higher number when selling.
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