What is ApeCoin (APE)?
ApeCoin is a utility and governance token designed to support community-led initiatives driving culture forward into the metaverse. The token is used within the APE ecosystem, which is governed by a decentralized autonomous organization (DAO). The APE Foundation serves as the steward of ApeCoin, facilitating decentralized and community-led governance. ApeCoin serves several purposes within the ecosystem, including governance, unification of spend, access, and incentivization. The total supply of ApeCoin is permanently fixed at 1 billion tokens, with allocations going to the ecosystem fund, Yuga Labs and charity, launch contributors and BAYC founders. A portion of the tokens for contributors is locked, with tokens unlocking over a predetermined schedule. Learn more
How to Deposit APE Into Your Coinmetro Account
For all information on how to deposit APE into your Coinmetro account, please see the following help center article: How to Deposit APE.
As Coinmetro uses smart contracts for Ethereum and ERC-20 token deposits, the amount of gas required is slightly higher than a typical transfer. To be sure that your transaction is successful, please set the transaction gas limit to 55,000. The fee difference is minimal. If your gas limit is too low, the transaction will simply be rejected by the Ethereum network. There is no risk of loss of assets caused by a too-low gas limit.
If you're depositing from another exchange, it is important to ensure they support sending funds to ETH contracts or using a full ETH wallet as an intermediary.
How to Withdraw APE From Your Coinmetro Account
For all information on how to withdraw APE from your Coinmetro account, please see the following help center article: How to Withdraw APE.
Important Note - To request a withdrawal, your account profile needs to be verified as well as having the funds to cover your withdrawal. The first time a withdrawal is made to a destination, the destination needs to be confirmed via e-mail. If you have 2-Factor Authentication enabled for withdrawals, you will be asked to input the code for each withdrawal, approved or not. We suggest enabling 2-Factor Authentication to protect your account.
Withdrawals waiting for approval can be canceled and the withdrawal status can be found by selecting the Wallet on your Coinmetro Dashboard. Please note that already-approved withdrawals cannot be canceled. If there is no Cancel button visible, this unfortunately means the withdrawal can no longer be canceled, and you will find a transaction ID (TXID) instead. This is a link to the relevant transaction hash on a Blockchain Explorer website where the status can be checked further.