A Step-by-Step-Guide on how to buy Aave REN (AREN)
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the top-tier coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and to get Bitcoin or Ethereum.
Step 2 – Send Your Ethereum or Bitcoin to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Aave REN (AREN) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you've selected the correct coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate Aave REN (AREN) As soon as your deposit has been confirmed, you'll now have access to your funds and you can initiate buying and trading. To invest in Aave REN (AREN) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to find Aave REN (AREN), you will need to put the short name of the asset (AREN) into the search box, which is marked in the image. Make sure you have choosen the right pairing, we have marked this also. Click on “AREN/BTC” to advance.
Step 4 – Purchase Aave REN (AREN) As soon as you have discovered Aave REN (AREN), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we're making our own Limit Order. The field with the “Price” tag will be filled with the most recent valuation Aave REN (AREN) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of AREN you like to buy. The ”Total” field is the aggregated price in Bitcoin that you will settle for the whole volumen of AREN. When you're glad, click on “Buy AREN”. Your plan will be filled when a Vendor sells their AREN for the price you offered.
Step 5 – Withdraw Aave REN (AREN) Unless you're frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extensive period of time. To withdraw your Aave REN (AREN), go to the ”Funds” tab and mouse click on “Withdraw”. Aave REN (AREN) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Aave REN (AREN) by using the given drop-down box. Enter the amount of Aave REN (AREN) you would like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. If you are glad, click on “Submit”. You may be asked for email/phone verification before a take off.