A Step-by-Step-Guide on how to buy Aave ETH (AETH)
Step 1 – Join CEX.io You will first need to purchase units of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Funds to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Aave ETH (AETH) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual) Make sure you have chosen the right coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find Aave ETH (AETH) Once your deposit has been verified, you'll directly have access to your assets and you can begin purchasing and trading. To purchase Aave ETH (AETH) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To discover Aave ETH (AETH), you'll need to insert the shortname of the coin (AETH) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we have highlighted this too. Click on “AETH/BTC” to go on.
Step 4 – Acquisition of (AETH) Aave ETH As soon as you have found (AETH) Aave ETH, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're creating our own Limit Order. The field with the “Price” tag will be filled automatically with the latest rate (AETH) Aave ETH was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of AETH you wish to purchase. The ”Total” field is the aggregated price in BTC that you'll settle for the complete quantity of AETH. If you are satisfied, click on “Buy AETH”. Your plan will be filled as soon as a Vendor sells their AETH for the price you gave.
Step 5 – Withdraw Aave ETH (AETH) Unless you are frequently trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an longer time period. To take off your Aave ETH (AETH), hover over the ”Funds” tab and mouse click on “Withdraw”. Aave ETH (AETH) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Aave ETH (AETH) by using the provided drop-down box. Enter the amount of Aave ETH (AETH) you would wish to take off. 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 email/phone verification before a withdrawal.