Read our step-by-step guide on how to buy Apollo (APL) crypto coin, as well as more background information on the coin itself
Apollo coin (APL) is an extremely popular crypto coin created in early 2018 that has brought with it excitement, controversy and very high expectations. It is a US-based coin registered in the state of Texas, and is available on a small number of exchanges, including Bitmart (chart/purchase), IDAX (chart/purchase) and CoinBene (chart/purchase).
How do I buy Apollo coin?
You will need a mainstream coin like Bitcoin (BTC), Litecoin or Ethereum first to be able to buy Apollo at the three exchanges listed above. You will also need to register at one of those exchanges, and this can take time; they will require your identification and many personal details, and in some cases, your account may not get approved same-day.
Your Simple Buy Apollo Currency Coin Steps:
- First, already have or buy Bitcoins (BTC), Litecoins (LTC) or Ethereum (ETH)
- Then visit one of the three exchanges linked above
- Register at one of those exchanges
- Now transfer your Bitcoins, or other coins, into the exchange
- Make your purchase of Apollo using the links above
For a more detailed set of guidelines for those who do not have Bitcoins, you can use this helpful guide.
The coin remains somewhat difficult to purchase. These frustrations lead many to walk away from the crypto market, as navigating the byzentine purchasing rules can be very frustrating. Not only do you need Bitcoin or Litecoin first, you now must register with a separate exchange and buy Apollo. This involves using your bank account, cash or credit card to get the Bitcoins or Litecoins, and then transfering those to a different exchange to get the coin.
Is it worth it?
Apollo coin has enjoyed a lot of hype and press over the past year, but the price itself has not gone up very much. In fact, the is one of the cheapest and lowest-priced crypto coins in the world! It is only about 20 Satoshi, which is far less than even one penny per coin.
See the chart below demonstrating the recent price movements of the crypto so far in 2019 — keep in mind, the price below has fluctuated between 60 and 40 Satoshi for the past few months, and rests now at just $0.0021 USD!
As you can see, the coin has barely gone up in value at all, and remains unbelievably cheap.
Is the low price of Apollo a good thing?
It may well be, if the coin continues to fulfill its promises. You will want to buy it cheap. But, there are concerns about the project and its development. It has made many promises, but hasn’t delivered yet on those promises. On a positive note, it has a very enthusiastic community of followers, which you can join on Telegram.
Why is Apollo so hyped?
As a “fork” of the NXT coin, the founders of Apollo proposed many new innovations, including major privacy features including coin shuffling and IP masking, as well as coin mixing and encrypted data transport. Their aim was privacy, and speed. You can see the full set of features on their website, which is quite impressive (but reportedly built on the newbie-friendly Wix platform, which raised some eyebrows).
We also recommend having a look at their excellent downloadable wallets here.
Steve, what’s your expert opinion on Apollo (APL) currency?
I’m honestly not a huge fan of it, but it is so incredibly cheap, it may be worth a purchase. Buy, and wait. Hope the project grows. It is US-based, so it is subject to all of the US’s draconian laws and regulations. It’s unlikely it is an outright scam. It’s more likely the founders are doing their best to work within the regulatory framework, but may be struggling to implement all of their plans. They have also been accused of engaging in a pump and dump.
As always, buyer beware! The crypto market is full of scams and hype. I personally recommend simply holding Bitcoin, long-term.
I hope this was helpful!
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Steve Dannely @TheCryptoPapa