A Step-by-Step-Guide on how to buy Aave (AAVE)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase one of the bigger coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and getting Ethereum or Bitcoin.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Aave (AAVE) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual) Make sure you've chosen the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Find Aave (AAVE) As soon as your deposit has been approved, you'll directly have access to your assets and you can initiate purchasing and trading. To purchase Aave (AAVE) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to discover Aave (AAVE), you'll need to insert the cointype (AAVE) into the search-box, which is highlighted in the picture. Make sure you have selected the correct pairing, we have highlighted this also. Click on “AAVE/BTC” to go on.
Step 4 – Purchasing (AAVE) Aave After you've discovered (AAVE) Aave, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are creating our own Limit Order. The ”Price” field will be automatically filled with the most recent rate (AAVE) Aave was traded for. You can change this to your favoured price. The ”Amount” field is the quantity of AAVE you wish to purchase. The ”Total” field is the total price in Bitcoin that you will settle for the complete quantity of AAVE. If you're happy, click on “Buy AAVE”. Your order will be filled when a Vender trades their AAVE for the price you introduced.
Step 5 – Withdraw (AAVE) Aave Unless you're regularly trading, best advise is not to keep crypto on an Exchange for an extensive period of time. To take off your (AAVE) Aave, hover over the tab called “Funds” and click on “Withdraw”. (AAVE) Aave can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (AAVE) Aave by using the provided drop-down box. Enter the quantity of (AAVE) Aave you'd like to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. When you're glad, click on “Submit”. You may be requested for phone/email verification before a take off.