How to Buy Aave (AAVE) in Australia

A Step-by-Step-Guide on how to buy Aave (AAVE) in Australia

Step 1 – Join Coinmama

You'll first need to purchase units of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below for registration and to get your Ethereum or Bitcoin.

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Aave (AAVE) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow this manual)

Make sure you've selected the precise coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Locate {Aave (AAVE)|(AAVE) Aave}

Once your deposit has been affirmed, you will directly have access to your funds and you can start buying and trading. To buy {Aave (AAVE)|(AAVE) Aave} on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

In order to find {Aave (AAVE)|(AAVE) Aave}, you will need to put the shortname of the coin (AAVE) into the search box, which is highlighted in the image. Make sure you have selected the right pairing, we've highlighted this too. Click on “AAVE/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} Aave (AAVE)
Step 4 – Purchase {Aave (AAVE)|(AAVE) Aave}

As soon as you've located {Aave (AAVE)|(AAVE) Aave}, you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are making our Limit Order.

The ”Price” field will be filled automatically with the most latest tariff {Aave (AAVE)|(AAVE) Aave} was sold for. This can be changed to your preferred price. The ”Amount” field is the volumen of AAVE you like to purchase. The ”Total” field is the whole price in Bitcoin that you will settle for the complete volumen of AAVE.

When you are glad, click on “Buy AAVE”. Your plan will be filled when a Vender trades their AAVE for the price you offered.

Step 5 – Withdraw {Aave (AAVE)|(AAVE) Aave}

Unless you're regularly trading, never keep your crypto coins on an Crypto Exchange for an extensive time frame. To withdraw your {Aave (AAVE)|(AAVE) Aave}, hover over the tab called “Funds” and click on “Withdraw”. {Aave (AAVE)|(AAVE) Aave} can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Aave (AAVE)|(AAVE) Aave} by using the provided drop-down box. Drop in the volumen of {Aave (AAVE)|(AAVE) Aave} you would like to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your right withdraw address.

If you're satisfied, click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.

Kudos! You've successfully bought and stored Aave (AAVE) in Australia.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the {Aave (AAVE)|(AAVE) Aave} is safe in your wallet, you're done.

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