Aave (previously ETHlend) is a decentralised finance (DeFi) protocol where users can participate as lenders and borrowers. lenders can earn interest by providing liquidity for liquidity pools, while borrowers are able to borrow in an over-collateralised (perpetually) or under-collateralised (one-block liquidity) fashion.
AAVE is the governance token of the Aave protocol. Holders of the AAVE token can vote on on decisions related to the future development of the protocol and also get access to discounted fees on the platform. To Buy AAVE, create a free trading account, deposit Australian dollars and when you are ready, click ‘buy AAVE.’
How Do I Buy Aave Coin in Australia?
You can buy Aave coin in Australia by setting up a trading account with a registered cryptocurrency exchange that supports the trading of Aave, such as Swyftx Cryptocurrency Exchange. Signing up for a Swyftx trading account is a free, simple and quick process. After entering your details to create an account, you need to verify your identity (as per Australian Governmental regulations) by uploading a copy of a Government-issued ID such as a passport or a drivers licence. Once uploaded, your account will be instantly verified and you are ready to deposit AUD and start buying Aave Coin and any other cryptocurrencies listed on the exchange.
What Payment Methods Can I Use to Buy Aave?
Swyftx Cryptocurrency Exchange’s trading platform supports a wide variety of AUD deposit options including debit card deposits, direct bank transfer, POLi, OSKO and PayID.
What are the Benefits of Buying Aave Coin with Swyftx?
Swyftx’s trading platform is rich in features designed to create a seamless and easy trading experience for both new and experienced traders. Some of our most highly rated features include our live chat and customer support, price triggered buy and sell orders, recurring orders, east tax reporting, 2FA and biometric login security and our demo mode which allows you to mock trade with no financial risk before jumping in and trading with real Australia dollars.
