Aave is a decentralized finance (DeFi) project that makes it possible to borrow and lend in ERC-20 based cryptocurrencies. Aave runs entirely on the Ethereum blockchain. Aave stands out in that it has a wide range of cryptocurrency products that users can borrow money from and it allows lenders to earn passive income. Aave, previously known as LEND, was launched in 2017 by Stani Kulechov.
Aave creates lending pools that allow users to lend and borrow 17 different cryptocurrencies including AAVE, ETH, BAT. Aave is considered as the best lending pool system. Depositors provide liquidity by depositing cryptocurrencies into lending pools, which allows them to earn interest. Meanwhile, borrowers can take out loans with over-secured or insufficiently secured lending pools. Credits do not have to be matched individually. Instead, deposits and borrowed amounts/collaterals in the pool are used to get loans instantly according to the pool's condition. To facilitate this activity, Aave issues two types of tokens: aToken, which is given to lenders to collect interest on deposits, and AAVE token, the local token of Aave.
To buy and sell AAVE on ICRYPEX Crypto Exchange:
First of all, you need to fill in name, surname, phone and email address areas by clicking "Sign Up".
After completing all required fields of the membership, you can deposit TRY from your bank account by clicking "Deposit" or you can start your investment by transferring your AAVE to your AAVE wallet you have created in "My Assets".
For the investments you will make through a bank you should write ICRYPEX Bilişim AŞ to the recipient / title area. The transfers made with a different, wrong or missing recipient name will be rejected by the bank.
Transaction code on the deposit section should be noted to be written on the receipt. Your transfers are made on TRY deposit accounts belonging to your name.
After depositing TL to your wallet, you can buy AAVE easily either by going to the "Easy Buy and Sell" screen or by clicking "Easy Buy". To complete the buying process, you need to enter the AAVE amount you want to buy and choose the rate price and give a buy order. After completing your AAVE buying transactions you can evaluate your investments by following the market conditions.
ICRYPEX allows you a quick and secure AAVE trading with its 24/7 Customer Representatives appointed to every user and its daily and weekly analysis support.