How to Buy Aave LEND (ALEND)

A Step-by-Step-Guide on how to buy Aave LEND (ALEND)

Step 1 – Signup to Coinbase and receive 10$ in Bitcoin

In the beginning you'll need to buy units of the bigger currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below to register and to get Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Aave LEND (ALEND) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this manual)

Make sure you have selected the correct coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Find (ALEND) Aave LEND

Once your deposit has been affirmed, you will directly have access to your finances and you can commence invest and trading. To buy (ALEND) Aave LEND on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to find (ALEND) Aave LEND, you will need to put the shortname of the coin (ALEND) into the search-box, which is marked in the picture. Be certain of having choosen the proper pairing, we've marked this also. Click on “ALEND/BTC” to advance.

Binance How To Buy 1 Aave LEND (ALEND)
Step 4 – Purchasing Aave LEND (ALEND)

Once you have discovered (ALEND) Aave LEND, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we're making our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date rate Aave LEND (ALEND) was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the amount of ALEND you like to buy. The “Total” field is the total price in Bitcoin that you will settle for the whole quantity of ALEND.

When you are happy, click on “Buy ALEND”. Your plan will be filled when a Vender trades their ALEND for the price you gave.

Step 5 – Withdraw Aave LEND (ALEND)

Unless you are trading, you should never keepyour coins on an Cryptocurrency Exchange for an longer time frame. To withdraw your (ALEND) Aave LEND, hover over the tab called “Funds” and mouse click on “Withdraw”. Aave LEND (ALEND) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Aave LEND (ALEND) by using the provided drop-down box. Drop in the quantity of Aave LEND (ALEND) you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address.

When you are satisfied, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.

Congrats! You have successfully bought and stored (ALEND) Aave LEND.

That's it!

Take offs from Crypto Trader can durate between 1 – 30 minutes (rely on usage of the network). Once you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (ALEND) Aave LEND is safe in your wallet, you're all done.