A Step-by-Step-Guide on how to buy Aave (AAVE)
Step 1 – Join CEX.io You'll first need to buy one of the top-tier coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and getting your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Funds to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Aave (AAVE) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this guide) Make sure you've chosen the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate Aave (AAVE) As soon as your deposit has been confirmed, you will immediately have access to your funds and you can begin purchasing and trading. To invest in Aave (AAVE) on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”. To spot Aave (AAVE), you will need to insert the short name of the asset (AAVE) into the search-box, which is highlighted in the picture. Make sure you have choosen the proper pairing, we've highlighted this also. Click on “AAVE/BTC” to proceed.
Step 4 – Acquisition of Aave (AAVE) As soon as you've located Aave (AAVE), 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 create our own Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date tariff Aave (AAVE) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of AAVE you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete amount of AAVE. If you're satisfied, click on “Buy AAVE”. Your plan will be filled as soon as a Vender trades their AAVE for the price you gave.
Step 5 – Withdraw Aave (AAVE) Unless you're trading, never keep your coins on an Cryptocurrency Exchange for an extensive period of time. In order to take off your Aave (AAVE), go to the ”Funds” tab and mouse click on “Withdraw”. Aave (AAVE) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Aave (AAVE) by using the provided drop-down box. Put into the amount of Aave (AAVE) you'd wish to take off. Take into account the shown minimus/fees. Also make sure you have filled your precise withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.