ApeCoin price and where to buy APE

What is ApeCoin?

APE is the token of the ApeCoin ecosystem that grew around the Bored Ape Yacht Club NFT collection. It is governed by the ApeCoin DAO and used in related games and products. The total supply is 1 billion APE.

How to buy ApeCoin, step by step

1. Pick an exchange. APE is listed on every exchange we track. Compare fees, funding options and whether it serves your country in our exchange reviews.
2. Create and verify your account. Regulated exchanges ask for identity documents before you can deposit fiat.
3. Fund the account. A bank transfer or a stablecoin deposit usually costs far less than a card payment.
4. Buy APE. Use the APE/USDT or APE/USD market, and check the cheapest venue in the table above first.
5. Decide where to keep it. On the exchange is simplest, but the exchange then holds your coins. APE exists on Ethereum and on ApeChain; choose the network your wallet expects.

Where to buy ApeCoin at the best price

The cheapest venue right now is marked in the table above. Add its trading fee before comparing: on APE the venues disagree by about 0.14 percent on average, so on a small purchase the fee and the funding method usually matter more.

• The price on that venue. Each row shows the gap to our composite.
• The trading fee. Our fee comparison lists spot fees side by side.
• How you fund the account. A bank transfer or stablecoin deposit is usually far cheaper than a card payment, which often costs several percent.

Why the ApeCoin price differs between exchanges

In our minute-by-minute measurement the gap between the highest and lowest venue averaged about 0.14 percent, against about 0.025 percent for Bitcoin. It went above half a percent in about seven minutes out of every thousand, and reached about 1.5 percent at its widest.

About a third of the APE spot volume we track trades on a single venue. The spread figure at the top of this page is the live measurement; our guide on why crypto prices differ between exchanges explains the mechanism.

What moves the ApeCoin price

The wider crypto market, and in APE’s case its own news too. In our hourly composite, APE moved with Bitcoin at a correlation of about 0.54, where 1 would mean identical moves, and its moves were about twice the size of Bitcoin’s.

APE-specific drivers come on top: the NFT market, its ecosystem’s news and leverage. The funding rates on this page show whether leveraged traders are paying to be long or short right now.

Pros and cons of ApeCoin

Pros

• Tied to one of the best-known NFT brands.
• Its volume is spread across venues rather than concentrated on one.

Cons

• Its fortunes are tied to the NFT market.
• It trades far below its all-time high of about $26.7.
• Its price gap between exchanges is about five times Bitcoin’s.

ApeCoin’s highest price

ApeCoin’s all-time high is about $26.7 on volume-weighted data. The chart above shows the last 30 days of our composite, and the APE to USD converter applies the live price to any amount.