GCrypto, the cryptocurrency platform integrated within the popular GCash app, has recently expanded its offerings by including ApeCoin (APE). This addition marks an expansion of GCrypto’s portfolio, now boasting a total of 26 cryptocurrencies.
APE Price to PHP
What is ApeCoin?
- ApeCoin serves as the governance token for the ApeCoin DAO, with ownership granting membership and voting rights in this decentralized autonomous organization.
- Members can actively engage in proposing and deciding on ApeCoin Improvement Proposals (AIPs), which cover a range of topics including Ecosystem Fund allocation, governance policies, partnerships, and other pivotal decisions.
APE’s Market Movements and Historical Listings
On November 17, ApeCoin witnessed a significant token unlock, releasing 15.6 million APE into the market, valued at approximately $21.37 million.
ApeCoin, as the open-source foundation of the ecosystem, plays crucial roles:
- Governance: It empowers holders to steer the course of the APE ecosystem through the ApeCoin DAO.
- Unified Spending Medium: As a utility token, ApeCoin simplifies transactions by minimizing reliance on centralized intermediaries.
- Exclusive Access: Ownership of ApeCoin provides access to unique areas of its ecosystem, including specialized games, merchandise, events, and services.
- Incentivization: ApeCoin also acts as an incentive for external developers, encouraging them to incorporate APE into their platforms.
How to Trade APE on GCrypto:
- Access GCrypto through the GCash app.
- Ensure your GCrypto wallet is funded, with seamless top-ups available via GCash.
- Choose your desired cryptocurrency.
- Opt for either buying or selling.
- Enter the amount in PHP or cryptocurrency.
- Review and confirm the transaction details.
This article is published on BitPinas: ApeCoin Joins Crypto Roster at GCrypto
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