A Step-by-Step-Guide on how to buy Aave [OLD] (LEND)
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to buy units of the bigger currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below for registration and to get your welcome 10$.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Aave [OLD] (LEND) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you have chosen the exact coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate Aave [OLD] (LEND) As soon as your deposit has been approved, you'll directly have access to your finances and you can start purchasing and trading. To buy (LEND) Aave [OLD] on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. In order to spot (LEND) Aave [OLD], you'll need to insert the short name of the asset (LEND) into the search box, which is marked in the picture. Make sure you have choosen the proper grouping, we've marked this too. Click on “LEND/BTC” to go on.
Step 4 – Buying Aave [OLD] (LEND) Once you have located Aave [OLD] (LEND), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). For now we are going to create our own Limit Order. The field with the “Price” tag will be filled with the most recent tariff (LEND) Aave [OLD] was sold for. This can be changed to your preferred price. The “Amount” field is the volumen of LEND you wish to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole volumen of LEND. If you're happy, make a mouse click on “Buy LEND”. Your plan will be filled when a Seller trades their LEND for the price you submitted.
Step 5 – Withdraw (LEND) Aave [OLD] Unless you're frequently trading, best advise is not to keep your coins on an Crypto Exchange for an longer time period. To withdraw your (LEND) Aave [OLD], hover over the “Funds” tab and click on “Withdraw”. Aave [OLD] (LEND) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Aave [OLD] (LEND) by using the provided drop-down box. Drop in the quantity of Aave [OLD] (LEND) you would like to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. If you are happy, click on “Submit”. You may be asked for verfication via email/phone before a take off.