How to Buy Aave (AAVE)

A Step-by-Step-Guide on how to buy Aave (AAVE)

Step 1 – Signup to Kraken

You'll first need to buy one of the major currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below to register and getting Ethereum or Bitcoin.

Binance Signup
Step 2 – Send Your Funds to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Aave (AAVE) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide)

Make sure you have selected the right coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Locate Aave (AAVE)

Once your deposit has been verified, you'll directly have access to your funds and you can initiate buying and trading. To invest in Aave (AAVE) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”.

To locate Aave (AAVE), you will need to insert the shortname of the coin (AAVE) into the search-box, which is highlighted in the image. Make sure you have choosen the correct grouping, we have highlighted this also. Click on “AAVE/BTC” to proceed.

Binance Hot To Buy Aave (AAVE)
Binance How to Buy (AAVE) Aave
Step 4 – Buy Aave (AAVE)

After you've found Aave (AAVE), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). And now we are going to make our own Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date tariff Aave (AAVE) was traded for. You can change this to your preferred rate. The ”Amount” field is the amount of AAVE you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole volumen of AAVE.

If you are satisfied, click on “Buy AAVE”. Your plan will be filled when a Vendor trades their AAVE for the price you gave.

Step 5 – Withdraw Aave (AAVE)

Unless you're regularly trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended time frame. To withdraw your Aave (AAVE), hover over the tab called “Funds” and click on “Withdraw”. Aave (AAVE) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Aave (AAVE) by using the given drop-down box. Put into the amount of Aave (AAVE) you would like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address.

If you're happy, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.

Binance Withdraw

Congrats! You have successfully purchased and stored Aave (AAVE).

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you have proved your take off using Ethplorer.io or Etherscan.io and the (AAVE) Aave is safe in your wallet, you are finished.

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