A Step-by-Step-Guide on how to buy Aave REP (AREP)
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to buy one of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below for registration and to get your first $10.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Aave REP (AREP) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you've selected the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Locate (AREP) Aave REP As soon as your deposit has been affirmed, you'll now have access to your assets and you can launch buying and trading. To buy (AREP) Aave REP on Binance, you'll want to hover over the ”Exchange” tab and mouse click on “Basic”. In order to spot (AREP) Aave REP, you'll need to put the shortname of the coin (AREP) into the search-box, which is marked in the image. Make sure you have selected the right grouping, we have marked this also. Click on “AREP/BTC” to proceed.
Step 4 – Buying (AREP) Aave REP After you have located (AREP) Aave REP, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to create our Limit Order. The ”Price” field will be filled with the recent valuation (AREP) Aave REP was traded for. This can be changed to your favoured price. The ”Amount” field is the quantity of AREP you wish to buy. The field with the “Total” tag is the total price in BTC that you'll settle for the complete quantity of AREP. When you're glad, make a mouse click on “Buy AREP”. Your order will be filled as soon as a Vendor trades their AREP for the price you introduced.
Step 5 – Withdraw (AREP) Aave REP Unless you're frequently trading, never keep your coins on an Cryptocurrency Exchange for an extended time frame. To withdraw your (AREP) Aave REP, hover over the ”Funds” tab and click on “Withdraw”. (AREP) Aave REP can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (AREP) Aave REP by using the given drop-down box. Put into the quantity of (AREP) Aave REP you would like to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address. If you're satisfied, make a mouse click on “Submit”. You could be requested for email/phone verification before a withdrawal.