Buy Aave (AAVE)

Follow the steps below to easily and securely buy Aave.

You can securely store your Aave in your Finst wallet. Some cryptocurrencies also support external wallets, allowing you to send your crypto to your own wallet if desired. We use state-of-the-art security measures to keep you and your crypto safe.

We work with Fireblocks, one of the most trusted crypto security infrastructure providers, to safely store your Aave. They make use of Multi-Party Computation (MPC) technology which is an advanced cryptographic technology used to protect your digital assets.

Additionally, Finst is the first and only Dutch crypto platform that has successfully conducted an extensive Proof of Reserves (PoR) audit. With Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, at Finst, you can easily buy Aave with iDEAL. We also support popular payment methods like SEPA and Bancontact.

At Finst, you can start investing in Aave with as little as €1. For many coins, it is not necessary to buy a whole coin.

Yes, it is safe to buy Aave through Finst. We are registered as a Crypto Service Provider (no. R189158) with the Dutch Central Bank (DNB), and we are the first and only Dutch crypto platform that successfully obtained a Proof of Reserves (PoR) from an independent and reputable audit firm (Audit Now). At Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, buying Aave is legal in Europe. However, we advise you to do your own research before making a purchase.

Investing in cryptocurrencies like Aave involves risks of losses. You can lose (part of) your deposit. Before you decide to buy Aave, it is important to understand the risks.

Volatility: The price of Aave can fluctuate significantly. This means that its value can rise and fall quickly.

No guaranteed profit: Previous price increases do not guarantee future returns. Therefore, only invest money that you can afford to lose.

External factors: The price of Aave is influenced by external factors, such as economic conditions and the actions of influential individuals, governments, and institutions. These factors can have a positive or negative impact on the price.

When you buy Aave through Finst, you benefit from the most competitive trading fees of 0,15% per transaction.

Any fees you may encounter when trading crypto are clearly shown for every transaction on our platform.

It's important to note that network fees are outside of our control, as they are determined by the blockchain networks themselves.

This means that while network fees may vary depending on the blockchain and current demand, our trading fee remains consistent, helping you better manage your transaction costs.

No, due to laws and regulations, it is not possible to buy Aave or other cryptocurrencies anonymously on a regulated crypto platform in Europe.

At Finst, we support several order types to buy Aave: Market Order, Limit Order, and Auto Invest (DCA).

- With a Market Order, you buy Aave instantly at the best available market price.

- Do you want to buy Aave at a lower price? With a Limit Order, you set the maximum price you're willing to pay for Aave. Your order will be executed once your limit price is reached on the market.

- Do you want to invest in Aave without constantly checking the market? With Auto Invest, you can schedule automatic and recurring purchases. Whether you want to buy daily, weekly, bi-weekly, or monthly - you choose the frequency.

Yes, on our platform, you can easily buy Aave with a Limit Order. This allows you to set the maximum price you're willing to pay. Your order will be executed once the price of Aave reaches your limit price or lower.

A Limit Order is ideal if you want to wait for a better price without constantly monitoring the market.

Yes, with Auto Invest, you can set up daily, weekly, bi-weekly, or monthly purchases of your favorite crypto using the Dollar Cost Averaging (DCA) strategy. Create your own investment plan and DCA Aave without any action required or additional fees.

Do you prefer to store your crypto on your external wallet? At Finst, we have various cryptocurrencies enabled for automatic withdrawals, which are sent straight to your wallet after each recurring purchase.

Yes, you can send your Aave to an external wallet. With Finst, you can easily send your Aave to a hardware or a software wallet.

Yes, you can store Aave (AAVE) on hardware wallets such as Ledger or Trezor.

Aave is a DeFi protocol that allows users of the Ethereum network to borrow or lend cryptocurrency. Using smart contracts, users can automatically borrow or lend crypto to other participants in the network without the intervention of a third party. The smart contracts run on the Ethereum blockchain, which means that only users of this network can use the service.

The platform's native token is AAVE. With AAVE tokens you can do various things on the network. Holders of the token receive a discount on the cost of using the network (gas fees that must be paid to execute a smart contract). In addition, AAVE also functions as a governance token on the network, which means that holders can vote on high-impact decisions on the network and thus help determine the future.

On the Aave platform, users can lend or borrow about 20 different cryptocurrencies. Users can make their tokens available in liquidity pools. As a reward, lenders are paid tokens to earn new coins. Users who want to borrow money can then use these liquidity pools.

What makes Aave unique compared to other lending platforms are 'flash loans'. With flash loans, you can borrow digital assets without having to put anything up as collateral. What you actually have to do is repay the borrowed money within the same transaction. This means that you have to make the loan, use the money and repay it all in one action. If you do not repay on time, the entire transaction is canceled, meaning that on paper it never took place.

Thanks to flash loans, users can quickly take advantage of opportunities in the market without having to first deposit large amounts of money. The big disadvantage of this is that users can lose a lot of money in a short period of time if they make incorrect assessments, which means that using flash loans can also be very risky.

Aave was founded in 2017 by Stani Kulechov, then under the name ETHLend. In 2018, the platform changed its name to Aave. The platform was launched after a successful ICO (Initial Coin Offering), raising $16.2 million for the development of the platform. One billion Aave tokens were distributed to investors at the time.

In 2020, a new AAVE token was launched. Holders of the original token could exchange it at a ratio of 1:100. A total of 1.3 billion AAVE tokens were transferred.