How to Buy Aave REP (AREP)

Step 1 – Signup to Kraken

In the beginning you'll need to buy one of the major coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and to get Bitcoin or Ethereum.

Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Aave REP (AREP) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps)

Make sure you have chosen the exact coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).

Step 3 – Find Aave REP (AREP)

As soon as your deposit has been verified, you will directly have access to your funds and you can start invest and trading. To purchase Aave REP (AREP) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

In order to discover Aave REP (AREP), you will need to insert the shortname of the coin (AREP) into the search-box, which is highlighted in the graphic. Be certain of having choosen the proper pairing, we have marked this also. Click on “AREP/BTC” to go on.

Step 4 – Buying Aave REP (AREP)

Once you've located Aave REP (AREP), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we are going to create our own Limit Order.

The field with the “Price” tag will be filled automatically with the most latest rate Aave REP (AREP) was traded for. You can change this to your favoured price. The ”Amount” field is the quantity of AREP you like to purchase. The field with the “Total” tag is the whole price in BTC that you will pay for the complete volumen of AREP.

If you're glad, make a mouse click on “Buy AREP”. Your plan will be filled when a Seller trades their AREP for the price you offered.

Step 5 – Withdraw Aave REP (AREP)

Unless you're regularly trading, best advise is not to keep crypto coins on an Exchange for an extensive time period. In order to take off your Aave REP (AREP), hover over the ”Funds” tab and click on “Withdraw”. Aave REP (AREP) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Aave REP (AREP) by using the given drop-down box. Put into the quantity of Aave REP (AREP) you would wish to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address.

When you're satisfied, click on “Submit”. You may be requested for email/phone verification ahead of a take off.