How to Buy Aave [OLD] (LEND)

A Step-by-Step-Guide on how to buy Aave [OLD] (LEND)

Step 1 – Signup to Kraken

You'll first need to buy units of the bigger currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below for registration and getting Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transmit Your Funds to an Exchange

Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Aave [OLD] (LEND) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to)

Make sure you have chosen the correct coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).

Step 3 – Locate Aave [OLD] (LEND)

Once your deposit has been confirmed, you'll directly have access to your finances and you can commence purchasing and trading. To purchase Aave [OLD] (LEND) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.

To find Aave [OLD] (LEND), you will need to put the shortname of the coin (LEND) into the search-box, which is marked in the graphic. Be certain of having selected the proper pairing, we have marked this too. Click on “LEND/BTC” to advance.

Binance Hot To Buy Aave [OLD] (LEND)
Binance How to Buy (LEND) Aave [OLD]
Step 4 – Buy Aave [OLD] (LEND)

As soon as you've located Aave [OLD] (LEND), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we're creating our own Limit Order.

The ”Price” field will be filled with the most recent valuation Aave [OLD] (LEND) was traded for. You can change this to your favoured price. The ”Amount” field is the quantity of LEND you want to buy. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the whole volumen of LEND.

If you're happy, make a mouse click on “Buy LEND”. Your plan will be filled when a Seller sells their LEND for the price you gave.

Step 5 – Withdraw Aave [OLD] (LEND)

Unless you are frequently trading, best advise is not to keep coins on an Crypto Trader for an extensive period of time. To withdraw your Aave [OLD] (LEND), go to the tab called “Funds” and click on “Withdraw”. Aave [OLD] (LEND) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Aave [OLD] (LEND) by using the provided drop-down box. Enter the quantity of Aave [OLD] (LEND) you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address.

When you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a withdrawal.

Binance Withdraw

Kudos! You have successfully purchased and safed Aave [OLD] (LEND).

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (depending on usage of the network). As soon as you have proved your take off with Etherscan.io or Ethplorer.io and the (LEND) Aave [OLD] is safe inside your wallet, you are all done.

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