Earn Interest on ApeCoin - APE Savings Account
YouHodler’s list of options to choose from for crypto savings accounts continues to grow. These low-risk, high-yield savings accounts help users earn interest on crypto up to 4.08% per year with compounding interest. ApeCoin (APE) is a popular choice in the market. Here are some additional facts on ApeCoin (APE) and also learn how to easily accumulate crypto interest on YouHodler.
What is ApeCoin (APE)?
ApeCoin (APE) is a utility token and a governance token that operates within the Bored Ape Yacht Club (BAYC) community. Due to the popularity of the BAYC brand, the APE airdrop generated massive media attention. This is even though APE has little to no functionality as of yet. That being said, BAYC does have plans for the future of APE which includes using it for an NFT marketplace, blockchain games, and more. Yuga Labs is the company behind APE and in general, is regarded highly in the NFT community.
How to earn 4.08% interest on APE
Step 1: Sign-in or sign up to YouHodler (iOS, Android, and Web versions available)
Step 2: Deposit APE into your ApeCoin wallet
Step 3. Watch as your APE earns compounding interest.
Step 4: Get paid! Weekly payments come every 7 days
Watch your crypto earn on YouHodler
APE might not have utility now in the BAYC, but it does on YouHodler. Just deposit APE to start generating a passive income and watch your APE earn interest. Interest is compounding meaning the longer you hold, the more you’ll earn. Imagine earning interest on top of your interest! It’s a great strategy to diversify your investments while you keep the majority of APE in a safe savings account and research other methods to profit.
ApeCoin saving wallet app that pays interest
YouHodler wallet app is the only application where you can store your ApeCoin (APE) just like you would in a regular wallet but in addition, earn interest on that APE wallet balance every week.
How does APE interest work
You can earn interest on APE just like you would with a traditional bank savings account but with one key difference. Instead of near to zero interest rates at banks, we offer you 4.08% interest on APE.
How to Earn Free APE
It’s easy! Just deposit APE to your YouHodler wallet and you’ll earn a free APE every week.
How to Get Free APE
Interest payments occur every seven days. So you’ll get your free APE a week after your first deposit.
Cumulative Interest APE
Yes, you have cumulative interest if you HODL APE in the wallet. We calculate compound interest rates every week.
APE APY & Yield
Compared to other platforms, we offer APY instead of APR. APR gives you interest payments without the compounding effect. Hence, with APY at YouHodler, you get more APE at the end of the year due to this cumulative interest.
APE Savings Calculator
Just use our APE Savings Calculator to see what you will have in 3, 6, or 12 months of HODLing on YouHodler.