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).
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Aave [OLD] (LEND) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase 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, ETH to an ETH deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate Aave [OLD] (LEND) Once your deposit has been confirmed, you'll instantly have access to your funds and you can commence invest and trading. To buy Aave [OLD] (LEND) on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”. To locate Aave [OLD] (LEND), you'll need to put the shortname of the coin (LEND) into the search-box, which is highlighted in the picture. Make sure you have selected the proper grouping, we have highlighted this also. Click on “LEND/BTC” to continue.
Step 4 – Buying Aave [OLD] (LEND) Once you've discovered Aave [OLD] (LEND), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent rate Aave [OLD] (LEND) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of LEND you want to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the whole amount of LEND. When you are satisfied, click on “Buy LEND”. Your order will be filled when a Vender sells their LEND for the price you offered.
Step 5 – Withdraw Aave [OLD] (LEND) Unless you're frequently trading, best advise is not to keep your crypto coins on an Exchange for an longer period of time. To withdraw your Aave [OLD] (LEND), go to the ”Funds” tab and mouse click on “Withdraw”. Aave [OLD] (LEND) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Aave [OLD] (LEND) by using the given drop-down box. Enter the volumen of Aave [OLD] (LEND) you would like to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your precise withdraw address. When you're glad, click “Submit”. You may be requested for verfication via email/phone before a take off.