A Step-by-Step-Guide on how to buy Aave REP (AREP)
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to purchase one of the bigger coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and to get your welcome 10$.
Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Aave REP (AREP) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide) Make sure you've selected the correct coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate Aave REP (AREP) As soon as your deposit has been approved, you will now have access to your assets and you can initiate buying and trading. To purchase Aave REP (AREP) on Binance, you'll want to hover over the “Exchange” tab and after that mouse click on “Basic”. In order to discover (AREP) Aave REP, you will need to put the cointype (AREP) into the search box, which is highlighted in the graphic. Be certain of having choosen the right grouping, we have highlighted this also. Click on “AREP/BTC” to go ahead.
Step 4 – Buying (AREP) Aave REP After you've spotted (AREP) Aave REP, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we're creating our own Limit Order. The field with the “Price” tag will be automatically filled with the recent price (AREP) Aave REP was sold for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of AREP you want to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the whole volumen of AREP. If you are glad, make a mouse click on “Buy AREP”. Your plan will be filled as soon as a Seller sells their AREP for the price you offered.
Step 5 – Withdraw (AREP) Aave REP Unless you're regularly trading, best advise is not to keep your crypto coins on an Crypto Exchange for an longer period of time. To take off your Aave REP (AREP), hover over the “Funds” tab and mouse click on “Withdraw”. (AREP) Aave REP can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Aave REP (AREP) by using the provided drop-down box. Put into the amount of Aave REP (AREP) you would wish to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address. When you are happy, click “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.