How to buy Aave [old] (LEND) Token. What is it, price and benefits

Learn how to purchase Aave [old] (LEND) on Binance

There are several trading platforms today on the ’net, but undoubtedly Binance is among the most popular and innovative.

However, if you wish to start operating on it, the first thing you should do is to figure out how to buy Aave [old] (LEND).

The goal of this article is to teach you on how to purchase Aave [old] (LEND) on the Binance Aave [old] (LEND) exchange.

Discover how to register on Binance

There is only way to get started in trading within the Binance platform: subscribing to it.

Just follow each of the steps listed below.

See a Binance homepage and press on the "Register" button.

You have the direct access here.

At this moment click on the "Register with a phone or email" button.

iOS devices can be used to do this as well.

In this article we’ll will explain the subscription process using an email address.

• In the window you’ll immediately see, pick your country of residence from the drop down list.
• Now the vital step: password. Create a string of characters difficult enough not to be easily guessed. Don’t use your birth date, middle name or things like that. Be well aware that it’s your property what will have to be protected by that word
• Choose if you would want Binance to send information and news direct to your e-mail. Accept the "Terms of Service" and click on "Create Account"

The Binance platform will automatically send an activation password (remember: this is NOT the password you’ve created) that you’ll write it in the corresponding box, then press "Send"

And that’s all! You are now signed up with Binance.

Take a time to get acquainted to the different options of the Binance platform by navigating through them.

You’ll realize how easy is to begin trading Aave [old] (LEND).

The ID verification is a required step you must fulfill to get access to all those options.

It is very important to note that unless you fulfill this protection step, you will not be authorized to start operating with Aave [old] (LEND).

No big deal, though. Read the following instructions to fulfill that step.

Verify your account to start out trading

See the following guidelines and become a certified user:

On the main screen, hover the mouse on the user profile button and a list will immediately appear where you will have to click on "Security"

Another alternative is to move to the top of the navigator window and click on the "Verify" button

Locate the option "Identification" on the left side of the screen.

Choose the Country of Residence.

Now, the 3 levels of verification:

• The one you already have.
• The Verified.
• The Verified Plus.

Begin by pressing "Start now" located below the "Verified" level.

Then it displays a pop-up window where you should write the following info:

• Nationality.
• First and Last Name.
• Middle name and birth date.
• Residence address (exact).

Next, you’ll need to present a legal document to corroborate your identity.

passport, ID card or even a driver’s license are all valid documents to fulfill this formality.

In the next stage, you will have to take a selfie, according to the platform’s requirements.

Now you will have to wait for a short period while an account confirmation process is performed.

When your application has been accepted, you will be informed via e-mail, just be patient.

Upon receiving that email it’s time to get Aave [old] (LEND), to do so see the guidelines below.

Learn to purchase Aave [old] (LEND) on Binance

Learning how to invest your money in Aave [old] (LEND) is actually quite easy.

It is time to check your identity using a legal document.

You can do this by using your passport, ID card, or driver’s license.

Follow the system guidance to take a selfie.

Now you will have to wait for a short period while an account verification process takes place.

Once your application has been accepted, you will be notified via email, just be patient.

Congrats! Once you’ve got the confirmation you’re officially licensed to trade Aave [old] (LEND). See the guidelines that follow.

Buying Aave [old] (LEND) on Binance

First you need to discover how to convert money into Aave [old] (LEND).

Some processes may have alternative paths

Look for the "Buy cryptos" menu on the Binance main page to know which alternatives can be found when making a purchase.

Needless to say you must log into your account to do this

Place your mouse on this key and a list of buying alternatives will deploy.

At this point, the Binance platform will ask you to show a legal document for identity verification.

ID card, passport or even a license are all valid documents to complete this formality.

In the next step, you will be asked to take a selfie, according to the application’s requirements.

After you have fulfilled the system’s requisites, you will have to wait a while for the confirmation to be performed on your account.

Once your application has been accepted, the system is going to send you an e-mail, just be patient.

After that, it’s time to get Aave [old] (LEND), just see the instructions below.

Buying Aave [old] (LEND) on Binance

First you need to understand how to convert money into Aave [old] (LEND).

You will probably find more than one option throughout the process

The "Buy cryptos" menu on the Binance homepage will be your reference at buying time.

Obviously, you’ll only be able to do this if you’re logged in

Hover your mouse over this key and a list of buying alternatives will be shown.

Did you know you can use your debit or credit card for buying cryptos?

The first thing you will do to buy the Aave [old] (LEND) of your preference using a credit card, should be to pick this method from the drop-down list labeled "Buy Cryptos".

Next, just adhere to these guidelines:

Now you should pick the currency you wish to buy with and type the amount you are going to invest.

In the next field you must choose the Aave [old] (LEND) you intend to buy

The number of Aave [old] (LEND) you will be given will depend upon the amount of USD you have just stated. The Binance system will immediately show it to you.

Next, just carry out the following guidelines:

Currency to be used and how much to invest must be specified in the next box.

The the Aave [old] (LEND) you intend to purchase must be picked from the second field

Taking into account the amount of USD you’ve recently defined, the system will immediately show you the quantity of Aave [old] (LEND) you are going to get.

Now select "Continue".

To include your credit card as a payment method, go to the "Visa/Mastercard" box and press the "Add card" option.

Then the system will prompt you to type your card numbers.

In this step you must specify the physical address details for the credit card. After this, select "Add card".

Now that your card has been included, click on "Continue".

The system will now show you the details of the purchase order you are generating. The amount your card will be charged with the currency you have selected, and the Aave [old] (LEND) you will be given.

Another detail of relevance in this overview is the amount you’ll be charged as a commision for making the operation.

In less than 1 minute press "Confirm", there after the order will expire automatically.

After this, you’ll be sent to the site of the bank issuing the credit card. Then you would make a normal on-line payment using your credit card.

After the banking process has been done, you will have your purchased Aave [old] (LEND) in your Binance digital wallet (referred to as the «Spot Wallet»)

Purchase Aave [old] (LEND) through Binance P2P

The platform will now show you the details of the purchase order you are about to complete. The sum your card will be charged with the currency you’ve picked, and the Aave [old] (LEND) you will get.

Another detail of relevance in this summary is the percentage you’ll be charged as a commision for making the purchase.

Within the next 60 seconds press "Confirm", there after the order will expire automatically.

The next step needs to be carried out on the credit card banking platform. Proceed exactly as you usually do when making a standard online credit card payment.

You can check your Binance e-wallet (referred to as the «Spot Wallet») when the banking procedure has been completed and you’ll find your recently bought Aave [old] (LEND) already there

Know how to purchase Aave [old] (LEND) with Binance P2P

1. Go to "Security" in your profile.
2. Locate the "Payment" option in the menu you’ll see on the left-hand side of the screen and choose it.
3. Choose "Add a Payment Method" and the Binance platform will guide you through the rest of the procedure.

Now that the new method of payment has been included in your account, go to the upper part of the display and hover on "Buy Crypto" to drop-down the menu and press "Trading P2P". Then see the following steps:

1. Press the "Buy" option on the top bar of the "P2P Account" tab
2. Here you can select the Aave [old] (LEND) you’re interested in, among all those available for purchase through P2P operations. We use «USDT» for this example.It is important to note that when you purchase one of these cryptocurrencies through P2P trading, you will be able to exchange it for any of the currencies that operate on the Binance platform.
3. Choose the local currency you want to make the payment with from the drop-down menu under the "Fiat" column, for example, «VES».
4. Use the "Amount" box to indicate the sum in VES you’d like to invest to purchase Aave [old] (LEND).
5. After you’ve selected the payment method, the Binance platform will show you a list of traders’ offers.
6. From the list displayed list, you can pick any of the traders. It is advisable to choose one with the «Verified» mark and better if a good percentage of completed sales is displayed.
7. Press "Buy USDT"
8. In this step, the amount you would want to invest in VES must be input
9. Again, click on "Buy USDT"
10. This will open a buying order where you will have contact with the trader. Complete the payment within the established time and click on "Transferred, Next" and then press "Confirm".

How you can transfer your Aave [old] (LEND) to the Spot Wallet

The seller, upon confirming payment reception, will immediately release the Aave [old] (LEND).

So, they will quickly be added to your wallet balance.

Nonetheless, you must move them to your Spot Wallet in order for you to get any other crypto.

You can do this immediately immediately after the purchase order is completed just by clicking "Transfer to Spot Wallet".

This Aave [old] (LEND) internal transfer can be done anytime later.

Tips on how to transfer your Aave [old] (LEND) to the Spot Wallet

The seller, upon validating payment reception, will automatically release the Aave [old] (LEND).

So, they will quickly be added to your wallet balance.

However, in case you would want to purchase any other Aave [old] (LEND), you need to transfer them to your Spot Wallet.

That’s easy: just click on "Transfer to Spot Wallet" once the buying order is completed.

This Aave [old] (LEND) internal movement can be done whenever you need.

1. Drop the "Wallet" menu down and click on the "Wallet Funds" button.
2. Then click on the "Transfer" option on the upper right area of the navigator window.
3. Change the «From» and «To» options on the pop-up window to:
• From: Funds
• To: Fiat and Spot
4. For this post, we use «USDT» as an example, but you’ll obviously select the currency you have
5. Type the cryptos you are about to send to the spot walet and press "Confirm".

Perfect! Now you have money available to trade any of the huge selection of Aave [old] (LEND) in the Binance platform.

Purchase any cryptocurrency from the Binance platform just following the steps described next:

1. Pick the "Trading" option in the top upper panel.
2. In the list choose the "Convert" option.
3. Fill in the box the amount of «USDT» you wish to invest.
4. Select the crypto you would like to buy.
5. Press "Preview conversion".
6. Validate the operation and that’s all. Now you will have the funds of the chosen crypto in your Spot Wallet.

All right! Now you have funds available to trade any of the huge selection of Aave [old] (LEND) in the Binance platform.

To purchase Aave [old] (LEND) from the Binance platform all you have to do is described below:

1. Pick the "Trading" option in the upper panel.
2. Click on "Convert" from the list.
3. Type the sum of «USDT» you wish to invest.
4. Now indicate the cryptocurrency you’re interested in.
5. Choose "Preview conversion".
6. Confirm the transaction and that’s it. You now will have the funds of the chosen cryptocurrency in your Spot Wallet.

Based upon the above mentioned information, you are now ready to start out trading on the Binance platform.

Don’t wait any longer and start generating some extra money.