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 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Aave [OLD] (LEND) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you have chosen the exact coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Locate Aave [OLD] (LEND) As soon as your deposit has been affirmed, you will immediately have access to your assets and you can start purchasing and trading. To buy Aave [OLD] (LEND) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to locate Aave [OLD] (LEND), you'll need to insert the shortname of the coin (LEND) into the search-box, which is marked in the graphic. Be certain of having selected the correct grouping, we have highlighted this too. Click on “LEND/BTC” to progress.
Step 4 – Purchasing Aave [OLD] (LEND) Once you have spotted Aave [OLD] (LEND), you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are making our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest rate Aave [OLD] (LEND) was traded for. This can be changed to your favoured price. 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'll pay for the complete quantity of LEND. If you're satisfied, make a mouse click on “Buy LEND”. Your plan will be filled when a Vendor sells their LEND for the price you submitted.
Step 5 – Withdraw Aave [OLD] (LEND) Unless you're regularly trading, best advise is not to keep your crypto coins on an Crypto Trader for an longer period of time. In order to take off your Aave [OLD] (LEND), go to the ”Funds” tab and mouse click on “Withdraw”. Aave [OLD] (LEND) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Aave [OLD] (LEND) by using the given drop-down box. Enter the amount of Aave [OLD] (LEND) you'd like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. When you're satisfied, click “Submit”. You could be asked for verfication via email/phone before a withdrawal.