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 – Send Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Aave [OLD] (LEND) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide) Make sure you have selected the right coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. If you're using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Locate Aave [OLD] (LEND) As soon as your deposit has been approved, you'll now have access to your finances and you can initiate purchasing and trading. To purchase Aave [OLD] (LEND) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. In order to locate Aave [OLD] (LEND), you will need to insert the cointype (LEND) into the search-box, which is marked in the picture. Make sure you have choosen the proper pairing, we have highlighted this also. Click on “LEND/BTC” to go ahead.
Step 4 – Purchase Aave [OLD] (LEND) As soon as you have spotted Aave [OLD] (LEND), you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). And now we're making our own Limit Order. The ”Price” field will be automatically filled with the most up-to-date tariff Aave [OLD] (LEND) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of LEND you like to buy. The ”Total” field is the whole price in Bitcoin that you will pay for the complete quantity of LEND. When you're glad, make a mouse click on “Buy LEND”. Your plan will be filled when a Vender sells their LEND for the price you submitted.
Step 5 – Withdraw Aave [OLD] (LEND) Unless you're frequently trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extensive time frame. In order to withdraw your Aave [OLD] (LEND), go to the ”Funds” tab and click on “Withdraw”. Aave [OLD] (LEND) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Aave [OLD] (LEND) by using the provided drop-down box. Enter the volumen of Aave [OLD] (LEND) you would like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address. When you're satisfied, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.