Crypto Casinos are slowly taking over the online gambling market with their many benefits. Because of that, many operators are now including as many different coins as possible in their offer.
Now, apart from the biggest cryptocurrencies, you can also use slightly less popular ones for online gaming. One of them is ApeCoin, which you can read all about below.
ApeCoin is a utility and governance cryptocurrency token that powers the APE ecosystem. The creators, Yuga Labs, built it in 2022 on the back of the Bored Ape Yacht Club (BAYC). It provides users with access to physical and digital events, merch, online games, Web3 services, and much more.
In case you don’t know, The Bored Ape Yacht Club (BAYC) is a very popular NFT collection. It holds 10,000 unique pictures of cartoon apes.
APE came out as an ERC-20 token, which means that it uses the Ethereum blockchain. This cryptocurrency is a decentralized digital asset that acts as a proxy for the success of a certain crypto project.
Many investors buy APE tokens on a speculative basis for potential profit on future increases in value. However, just like any other cryptocurrency, ApeCoin is a high-risk asset. So any investment in it should result after you thoroughly research the market.
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Using ApeCoin, at the Online Crypto Casino Sites that accept it, comes with many advantages. First of all, this crypto token uses the very advanced blockchain technology from Ethereum. This means that your gaming activity is anonymous and extremely secure.
However, you must still find a reputable ApeCoin Casino that features a valid gaming license. Also, the casino of your choice must utilize the latest 128-bit SSL encryption technology.
Secondly, the ApeCoin Casino Sites are not charging additional fees for the transactions. On the other hand, APE does include some fees, but they are part of almost any cryptocurrency. Also, they are significantly low at most crypto exchange platforms.
Next, all deposits and withdrawals with ApeCoin are instant. Cashing out can go between a few seconds or minutes, which is super fast and very desirable for casino players.
At the ApeCoin Casinos, you can wager on different types of games. Among them, you will find the high-stake crypto games, which are gaining more and more popularity.
Lastly, you will also find some very rewarding promo offers at the APE Casino Sites. Every operator allows the usage of ApeCoin when applying for a bonus.
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ApeCoin is a utility and governance cryptocurrency from Yuga Labs, which empowers the APE ecosystem. It is an ERC-20 token, or in other words, it uses the Ethereum blockchain.
Yes, it is safe to use ApeCoin for online gambling, thanks to the advanced blockchain technology. However, you must still use it at licensed online casinos that utilize the latest 128-bit SSL encryption.
Most online casinos that accept ApeCoin as a payment method don’t charge extra fees. However, you must be aware that the crypto exchange websites include such fees. But, they are very small on most platforms.
You can easily purchase ApeCoin tokens from the biggest crypto exchange platforms like Binance, IDEX, Kucoin, Coinbase, etc.
The ApeCoin is a creation of Yuga Labs, which released it in 2022. It is a company mostly famous for the Bored Ape Yacht Club NFT collection.
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