BitPay now helps ApeCoin (APE), the native token of the notorious Bored Ape Yacht Membership! BitPay retailers now have the power to simply accept ApeCoin seamlessly. Moreover, BitPay app customers can purchase, retailer, swap and spend within the BitPay Pockets, plus load ApeCoin and spend immediately like money through the BitPay Card.
What’s ApeCoin?
ApeCoin (APE) is an ERC-20 token used throughout the Ape ecosystem. ApeCoin is ruled by ApeCoin DAO, a decentralized autonomous group (DAO) tasked with making selections round issues like ecosystem fund allocations, governance guidelines, initiatives, partnerships and extra. All holders of APE are eligible to be members of ApeCoin DAO. Learn our full writeup on what ApeCoin (APE) is and the way it works.
What are you able to do with ApeCoin?
Along with being a governance token of the Ape ecosystem, it may also be used as a fee technique throughout Web3 properties and BitPay retailers.
- Purchase, retailer and swap ApeCoin within the BitPay Pockets
- Spend and ship ApeCoin funds from the BitPay Pockets
- Convert ApeCoin to money immediately with the BitPay Card and spend wherever Mastercard is accepted
- Purchase present playing cards for a whole bunch of manufacturers with ApeCoin from the BitPay app or extension
- Pay for Web3 experiences and video games
- For companies, settle for ApeCoin funds and payout in ApeCoin to staff, distributors or prospects
