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 ETH (Ethereum) or BTC (Bitcoin) to an Exchange

Your Bitcoin or Ethereum 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 example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual)

Make sure you've chosen the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. In the case you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Find Aave [OLD] (LEND)

As soon as your deposit has been affirmed, you will instantly have access to your funds and you can commence buying and trading. To buy Aave [OLD] (LEND) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

In order to spot Aave [OLD] (LEND), you will need to put the short name of the asset (LEND) into the search-box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we've highlighted this too. Click on “LEND/BTC” to go ahead.

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

After you've located Aave [OLD] (LEND), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). For now we're going to create our own Limit Order.

The field with the “Price” tag will be filled automatically with the most recent price Aave [OLD] (LEND) was traded for. You can change this to your preferred rate. The ”Amount” field is the amount of LEND you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete volumen of LEND.

When you are happy, make a mouse click on “Buy LEND”. Your order will be filled as soon as a Vender trades their LEND for the price you offered.

Step 5 – Withdraw Aave [OLD] (LEND)

Unless you are regularly trading, best advise is not to keep coins on an Exchange for an extended time frame. In order to take off your Aave [OLD] (LEND), go to the tab called “Funds” and mouse click on “Withdraw”. Aave [OLD] (LEND) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Aave [OLD] (LEND) by using the given drop-down box. Put into the quantity of Aave [OLD] (LEND) you'd wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address.

If you are glad, click on “Submit”. You could be asked for verfication via email/phone before a take off.

Binance Withdraw

Kudos! You've successfully purchased and stored Aave [OLD] (LEND).

That's it!

Withdrawals from Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you have proved your withdrawal using Etherscan.io or Ethplorer.io and the (LEND) Aave [OLD] is safe within your wallet, you are all done.

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