A Step-by-Step-Guide on how to buy Aave USDC (AUSDC)
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to buy units of the major coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below for registration and to get your first $10.
Step 2 – Transfer Your Funds to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Aave USDC (AUSDC) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you've chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Locate Aave USDC (AUSDC) Once your deposit has been approved, you'll immediately have access to your finances and you can start purchasing and trading. To purchase Aave USDC (AUSDC) on Binance, you'll want to hover over the ”Exchange” tab and mouse click on “Basic”. To discover Aave USDC (AUSDC), you'll need to insert the shortname of the coin (AUSDC) into the search-box, which is marked in the graphic. Be certain of having choosen the right grouping, we've marked this too. Click on “AUSDC/BTC” to advance.
Step 4 – Purchase Aave USDC (AUSDC) As soon as you've found Aave USDC (AUSDC), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we are going to make our Limit Order. The field with the “Price” tag will be filled automatically with the recent rate Aave USDC (AUSDC) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of AUSDC you want to buy. The ”Total” field is the aggregated price in Bitcoin that you will settle for the whole volumen of AUSDC. If you are happy, click on “Buy AUSDC”. Your plan will be filled when a Vendor trades their AUSDC for the price you introduced.
Step 5 – Withdraw (AUSDC) Aave USDC Unless you're regularly trading, never keep your crypto on an Cryptocurrency Exchange for an extensive time frame. In order to take off your (AUSDC) Aave USDC, go to the ”Funds” tab and mouse click on “Withdraw”. (AUSDC) Aave USDC can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (AUSDC) Aave USDC by using the provided drop-down box. Drop in the quantity of (AUSDC) Aave USDC you'd wish to take off. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address. When you're happy, click “Submit”. You could be requested for phone/email verification before a take off.