Trade Memecoins on ApeChain with NFD Ape Sniper Bot

ApeChain is the newest blockchain on the block, launched by Yuga Labs, the creators of Bored Ape Yacht Club. ApeChain combines the fun of memecoins with the power of blockchain technology. In just 12 hours, ApeChain hit a $25 million trading volume! In this guide, I’ll walk you through how to set up and start trading memecoins on ApeChain using the NFD Ape Telegram Bot, a super handy Telegram trading bot that makes trading on ApeChain faster and cheaper.

What’s ApeChain?

ApeChain is part of the ApeCoin ecosystem, built by Yuga Labs with a focus on gaming, NFTs, and dApps. It’s a Layer 3 solution powered by Arbitrum, which means it’s fast, scalable, and great for handling lots of transactions. ApeChain has quickly attracted traders eager to dive into memecoins, looking to find the next big win in the meme market. It’s still fresh, so there’s lots of potential!

Getting Started on ApeChain

Setting Up Your Wallet

First things first, you’ll need a compatible wallet. Most people use MetaMask since it’s easy to set up, and it supports custom networks.

1. Add ApeChain as a custom network in MetaMask using the following details:
   • Network Name: ApeChain
   • Network URL: https://apechain.calderachain.xyz/http
   • Chain ID: 33139
   • Currency Symbol: APE
2. Acquire $APE Tokens: $APE tokens are the native currency on ApeChain, needed for transactions. You can get these on big exchanges like Binance or Coinbase, then move them to your wallet.

Bridging Your APE Tokens

Once you have $APE on Ethereum, you need to bridge it to ApeChain:

1. Go to ApeChain Portal.
2. Follow the steps to bridge your APE tokens from Ethereum to ApeChain. This takes about a minute.

How to Find and Trade Memecoins on ApeChain

Finding Memecoins on ApeChain

Go to Ape Express, the platform where you can browse new memecoins. Head to the “degen” section to find fresh memecoins. You can sort by market cap, date created, or just explore the trending ones.

Buying Memecoins

1. Pick a memecoin you’re interested in.
2. Enter the amount of $APE you want to trade.
3. Set your slippage (5% is a good starting point) to make sure your trade goes through even if the price changes a bit.
4. Click “Trade,” and voila! You’re in.

After buying, add the token to your wallet to track its performance. You can also use Dexscreener to watch the price and trading volume.

Trading Memecoins with NFD Ape Bot

NFD Ape Bot makes it easier to trade on ApeChain, right from Telegram. If you’ve used NFD’s other bots for SUI or TRON, this one’s pretty similar.

How to Use NFD Ape Bot

1. Access the Bot: Start by opening NFD Ape Trade Bot on Telegram.
2. Input Token Info: Copy and paste the contract address of your chosen memecoin from Ape Express into the bot. (For example, $CURTIS token might look like 0xFC2744A6Db0f97c606Df786b97255DFf6F27E320).
3. Set Trade Amount: Choose how much $APE you want to trade.
4. Manage Trades Easily: You can monitor your trades and sell when you’re ready, right from the bot menu.

Bot Settings and Referral Program

• Settings: Customize slippage, gas fees, and other options for each trade.
• Referral Program: Earn 30% commissions on Level 1 referrals and 5% on Level 2 referrals. It’s an easy way to make a bit extra while trading.

NFD Ape Bot makes the trading process a lot smoother, which is especially useful on a new chain like ApeChain.

Our advice :

Start Small and Stay Cautious

Memecoins are fun but can be super volatile. Don’t invest more than you’re willing to lose, especially on a new chain.

Set Slippage Correctly

Setting the right slippage helps avoid transaction errors. For memecoins, around 5% should usually work fine.

Always DYOR (Do Your Own Research)

Before jumping in, check the token’s data on Dexscreener or other reliable platforms. Look at market cap, volume, and the token’s community to avoid possible scams.

FAQ

Q1: What’s special about ApeChain for trading memecoins?
ApeChain is built for speed and scalability, focusing on gaming and NFT markets. It’s designed by Yuga Labs and is perfect for memecoin traders looking for fast, low-fee transactions.

Q2: How does NFD Ape Bot help with trading?
NFD Ape Bot lets you trade memecoins directly from Telegram, making it easy to buy, monitor, and sell tokens with customizable settings.

Q3: How do I bridge $APE tokens to ApeChain?
After buying $APE on Ethereum, use ApeChain Portal to bridge it to ApeChain. This is essential for trading on ApeChain.

Q4: Why do I need slippage for memecoin trading?
Slippage settings (usually around 5%) help ensure your transaction goes through, even if prices change rapidly.

Q5: What tools can I use to track my memecoins?
Use Dexscreener to watch the price, volume, and recent trades of ApeChain memecoins.

About the author

Boun Mee is a crypto veteran with over a decade in the blockchain industry, starting in 2013. He has been involved in various projects, from Bitcoin mining to advising DeFi platforms. Known for simplifying complex concepts, Boun brings valuable insights and innovation to the ever-evolving crypto landscape.

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