In this guide, we tell you where to buy Aave in 2024. We review some of the best crypto exchanges that list Aave. For each, we explore its core features and highlight their pros and cons.
We also discuss some of the top reasons that make the highly disruptive DeFi coin worth buying today. Equally important, you will learn what Ave is, understand its price history, and its expected future performance.
First, though, we go over the process of buying Aave coins on one of the best crypto exchanges in the world.
How to Buy Aave (AAVE) – Quick Steps
This quick-fire guide teaches you how to buy Aave in right now. It walks you through the process of buying Aave on eToro – an SEC-regulated and highly reputable altcoin exchange. It lets you buy the most promising cryptos like Aave with as little as $10.
- Step 1: Register an account: Start by creating a free crypto trader account on eToro.com. Their client onboarding process is quick and straightforward. The crypto brokerage will only ask for your basic personal information.
- Step 2: Deposit funds: Fund this account with at least $10. The exchange supports all the popular payment options. These include PayPal, credit cards, debit cards, bank transfers, and even ACH transfers.
- Step 3: Search for Aave coin: On the search bar of the eToro website, key in the word ‘Aave.’ Hit the “Trade” button that pops up.
- Step 4: Buy AAVE: A trading tab will appear. Use it to customize your Aave investment by indicating how much you intend to invest in the top DeFi coin. Hit the “Open Trade” button to execute this trade.
Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.
Further below in this article, we will provide you with a more detailed process of buying Aave on eToro. We will also go over the different ways of buying cryptos on the best crypto exchanges in the US. But before then, we provide you with an overview of the best altcoin trading platforms.
Where to Buy Aave (AAVE) in 2024
Aave is one of the best DeFi coins that analysts believe will prove more disruptive to the global banking industry. As such, it has gained massive popularity within the crypto industry. This, alongside its stellar price performance, has seen it list with virtually all the best crypto trading platforms. But in the sections below, we look at the four exchanges that our analysts believe to be the best place to buy Aave right now.
1. eToro – Overall Best Place to Buy Aave (AAVE) Right Now
eToro tops our list of best places to buy Aave because of its appeal to both beginner and expert traders. It is also listed here because of its solid reputation for reliability, security, and user-friendliness. Do not forget that it is one of the most regulated crypto brokerages out there. In the US, for example, eToro is regulated by the SEC and is a member of FINRA. Internationally, eToro is regulated by the FCA, ASIC, and CySEC.
eToro maintains a straightforward client onboarding process. You are then ushered into a highly intuitive and easily navigable client trading interface. This integrates all the features and tools that make eToro one of the most beginner-friendly exchanges. These include extensive educational resources and a demo account with $10,000 in virtual funds. Not forgetting the affordable deposit minimum of $10.
It then integrates tools and resources that help it appeal to pro traders. These include 75+ charting tools and technical indicators. eToro is also decently liquid and ultra-fast in processing transactions – which makes it one of the best day trading platforms for active traders. Plus, it maintains a competitive trading fee of 1% of the trade volume.
You would also want to buy Aave on eToro as it is one of the safest crypto exchanges around. Since it started offering crypto trading services in 2013, the crypto brokerage has never been hacked. It has never lost client funds.
This is made possible by the many and highly effective security measures placed around the platform’s systems. You would also appreciate that it provides its platform users with free and safe crypto wallets. A web wallet that stores 90%+ coins offline and a mobile wallet app.
- eToro is a multi-platform exchange with one of the best crypto trading apps
- eToro is a safe crypto brokerage
- Only need $10 to start buying Aave on eToro
- Lets you earn passively through staking
- No over-the-phone client support
Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.
2. KuCoin – Best Aave Exchange for Low Fess and Passive Investing
KuCoin consistently ranks among the 5 most liquid crypto exchanges. It is also massively popular – famed for its large crypto library. In addition to Aave, you can buy 700+ other cryptos on KuCoin. You also get to interact with 1000+ crypto pairs on the platform. The multi-asset platform also lets you buy and sell popular NFTs through the integrated NFT marketplace.
But these aren’t the only reasons why we feature KuCoin among the best places to buy Aave today. We list it here primarily because of its competitive trading fees and support for passive investing. When buying Aave and other cryptos on KuCoin, you will be charged a volume-based maker/taker fee. This ranges between 0.1% and -0.005%. And if you settle this fee using KCS coins, you automatically get a 20% fee discount.
KuCoin has also integrated multiple passive investing programs on its platform. These include crypto savings, staking, dual investing, shark fin, and crypto lending. It also has a token and NFT launchpads that let you invest in the next cryptos to explode early. These are complemented by automated investing tools, like trading bots, which are also integrated into the exchange.
You would also like using KuCoin because it presents you with multiple ways of buying the hottest crypto. For starters, it lets you buy crypto instantly with available balances or cards. You may also buy crypto on KuCoin with the bank or via third-party fiat-to-crypto onramps like – Simplex and Banxa. It then integrates a peer-to-peer trading platform that lets you buy crypto with all the popular fiat payment options.
KuCoin is also a safe crypto exchange. It has put in place multiple safeguards, all aimed at keeping your data and private keys safe. These include a strong password and two-factor authentication. Further, the exchange provides you with safe digital wallets.
These include a cloud wallet that stores 90%+ of your coins offline and a mobile wallet app – the Halo Wallet. Equally important, KuCoin publishes its audited proof of reserves reports regularly.
- Supports crypto derivative trading – futures and options
- Earn passively on KuCoin
- Margin trade spot cryptos and crypto derivatives with competitive leverages
- Operates one of the mobile crypto trading apps
- It is not so beginner-friendly
3. Coinbase – Best Place to Buy Aave (AAVE) for Beginners
Coinbase is one of the best crypto trading platforms in the US today. It is deeply liquid and by far the most popular. Here, it is famed because of its solid reputation for safety, reliability, and beginner friendliness. Coinbase is also among the most regulated crypto exchanges in the world.
It is not only regulated by the SEC but is also the only publicly traded crypto exchange in the world. It also leads the pack of crypto industry players demanding new crypto rules and straightforward regulations.
Coinbase has a straightforward account opening process. It takes minutes to create an account with Coinbase, and it only asks for your basic personal information. You are then introduced to a highly intuitive trading platform. This integrates multiple beginner-friendly trading tools and resources – including how to invest in crypto guides. You also learn how to keep your cryptos safe.
The exchange then presents you with multiple ways of buying Aave and other cryptos. For instance, you can buy Aave instantly with PayPal on Coinbase. You can also buy cryptos on the platform with cards, other eWallets, and bank deposits. In addition to Aave, you get to interact with 100+ other cryptos. Note that Coinbase has no minimum deposit limits but lets you buy cryptos with as little as $2.
The top altcoin trading platform also presents you with several passive income generation options. The most common is crypto staking. But you also get to earn free crypto on their Learn-to-Earn program. This rewards you with free crypto when you learn about different cryptos and blockchains.
- Highly responsive customer support team available via live chat and on-phone
- Highly secure crypto exchange
- Provides free wallets and insures client deposits with FDIC – up to $250,000
- Presents expert traders with feature-rich Coinbase PRO platform
- Complex fee model based on trade volume and deposit method
4. Binance – Best Aave (AAVE) Exchange for Deep Liquidity and Active Trading
Binance is one of the most popular and accessible crypto exchanges in the world. It currently has 170+ million users and is available in 200+ countries and territories in the world. Binance is also the most liquid, accounting for more than 43% of the trade volume recorded by the crypto industry in 2023. But these aren’t the only reasons why we list Binance among the best crypto exchanges for buying Aave today.
We also list Binance here because of its fast transaction processing speeds and low fees. When buying AAVE on the exchange, for example, you will only pay a volume-based maker/taker fee of between 0.1% and 0.012%. And if you settle this fee with BNB coins, you qualify for a 25% fee discount.
You will also note that Binance lists 600+ cryptos and lets you trade 1000+ crypto pairs. All these make it one of the best crypto exchanges for active traders.
Binance also makes it here because it is a safe crypto exchange. It has put in place multiple security safeguards around your crypto and personal data. For starters, it doesn’t share client information with third parties. It also requires all its platform users to activate multi-factor authentication for their accounts.
Binance has also played a key role in helping users and other exchanges recover stolen funds. Not to mention that it operates an in-house insurance fund worth $1+ Billion.
You may also want to use Binance, as it presents you with multiple ways of buying cryptos. It, for instance, lets you buy Aave and other crypto instantly with account balances and cards. You may also buy crypto with a bank deposit.
You can also buy crypto with PayPal and 700+ other payment methods on the Binance peer-to-peer trading platform. Not forgetting that you can margin trade spot and crypto derivatives with high leverages on Binance.
Other factors helping make Binance the best crypto trading platform include its user-friendliness. It is also famed for its support of multiple passive income-generating programs. Plus, it is a multi-asset trading platform – letting you invest in NFTs. It also exposes you to the DeFi and Web 3 ecosystems, has an OTC trading platform, and publishes regular proof of reserve reports.
- Accessible and highly responsive support team with 24/7 live chat
- Invest in new cryptos and promising projects early via Binance Launchpad
- Both web and mobile trading apps are highly intuitive and user-friendly
- Integrates advanced trading tools and indicators
- Binance is currently facing prosecution by the SEC-US
What is Aave (AAVE)?
Aave is a Decentralized Finance (DeFi) protocol built on the Ethereum blockchain. It is an open-source protocol that is specially designed to inject non-custodial liquidity into the crypto markets.
Aave allows crypto investors to earn passively when they supply liquidity to crypto markets. It also makes it possible for you to borrow in an over-collateralized or under-collateralized fashion. Simply put, Aave is a peer-to-peer lending and borrowing platform for the crypto industry.
It is designed to replace traditional banks as well as other traditional deposit-taking and lending platforms. To achieve this, Aave has made its protocol as easy to use and less bureaucratic as possible.
It also charges lower interest rates for borrowers while paying higher rewards to liquidity suppliers. Equally important, Aave provides you with a variety of choices – allowing you to supply or borrow multiple cryptos at different but highly competitive interest rates.
At the time of writing, Aave was one of the most popular DeFi platforms, with more than $10 billion in total value locked. It is also one of the most lucrative DeFi platforms. How much you stand to make by staking or contributing liquidity to the protocol will mostly be determined by the amount of crypto and demand for said crypto.
AAVE is the native token for the Aave DeFi protocol. It is used to facilitate transactions in the Aave ecosystem. It is also the governance token for the Aave DAO, and you need it to vote on key decisions affecting the Aave ecosystem.
Aave (AAVE) Price History
When AAVE launched in November 2017, it had an ICO price of $0.017. It also had a relatively low maximum token supply of 16 million AAVE coins. However, it only started trading publicly in October 2020. At the time, data from CoinMarketCap indicated that its value had jumped by more than 3000% to have it hit the open markets trading at $52.
The entry to the markets was met by a short but temporary value loss. Less than 30 days into its launch, AAVE had shed more than 50% of its value to dip below $25. The value dip was, however, short-lived as it started rebounding soon after. The recovery can, in part, be attributed to the fact that the larger crypto market was gearing up for the 2021 bull market.
Between November 2020 and May 2021, AAVE embarked on its most aggressive value run yet. In the seven months, it rallied by more than 2600% to escape the $25 dips and set the current all-time high of $666.
However, as the market crashed in 2022 and went into an extended bear market, the AAVE token price crashed. By June 2023, Aave prices slightly dipped below their introductory price of $50. Going into 2024, however, AAVE Has started rebounding and is already trading above $100.
Aave (AAVE) Price Prediction
There is a general consensus among investors, analysts, and forecasters that AAVE token price will continue rising. Everyone is confident that Aave will rebound and most likely recapture its 2021 highs. In fact, a growing number of analysts are confident that Aave will eventually break above $1,000. They, however, can’t agree on the timelines for these milestones.
The more optimistic are confident that AAVE price prediction can rally by 1000% to break above $1,000 before the end of the year. These then expect it to rally by a further 500% to break above $5,000 by 2030. This optimistic view of AAVE’s future performance is pegged on a number of factors.
First is the approval of SPOT Bitcoin ETFs by the SEC-US in January 2024. Second is a sustained positive reception of the DeFi technology by the crypto industry. They also expect global adoption of crypto and blockchain technologies to play a key role in driving up the value of digital assets.
Is Aave a Good (AAVE) Investment?
A number of factors make Aave one of the best cryptos to invest in today. Below, we look at the most common:
- Grossly undervalued asset: Consider investing in Aave today because it is selling at a highly discounted price – more than 85% below its ATH. This sets you up for unprecedented capital gains when the AAVE token price eventually rebounds.
- Promising future: Aave has a highly promising future. Its popularity, total value locked, adoption, and use cases are all on the rise. These will have a monumental impact on its future price action. Our analysts and a growing number of investors have it on their list of the best cryptos to buy and HODL.
- Passive income generator: Aave is a passive income generator. We have already mentioned that you can earn from Aave through staking on the protocol. Several other DeFi platforms will also let you stake AAVE on their platforms. They all pay higher than average interest rates and rewards.
- Resilient digital asset: Aave is a hugely resilient digital asset. It has survived a volatile market crash as well as a $10 Million hack. We expect this resilience to continue guaranteeing its sustainability.
- Obedient to market trends: Aave is also highly obedient to the crypto market trends. It rallies when the market starts recovering. Moving into 2024, the crypto market has already started showing signs of recovery. This makes now the best time to start buying cryptos like Aave.
Ways of Buying Aave
We have already mentioned that top crypto trading platforms present you with multiple ways of buying cryptos. In this section, we look at the three most common ways of buying AAVE at an exchange.
Buy Aave with PayPal
A number of crypto exchanges will let you buy Aave with PayPal. There are two ways of buying cryptos with PayPal on most exchanges. First, a few exchanges – like eToro and Coinbase – will process PayPal deposits. Others, like Binance and KuCoin, have integrated peer-to-peer trading platforms that process PayPal payments.
There are a number of reasons why you may prefer buying crypto with PayPal. First is the fact that PayPal is ultra-fast in payment processing. It also maintains relatively low fees and most exchanges won’t charge a deposit processing fee. On the flip side, though, PayPal has relatively low daily cash processing limits. Further, only a handful of exchanges accept crypto deposits.
Buy Aave with Credit Cards and Debit Cards
Virtually all the best altcoin exchanges accept card payments. They will let you buy Aave with credit cards and debit cards. As is the case with PayPal and other eWallets, you can buy cryptos with crypto directly or indirectly. While most exchanges will accept card payments, others will require you to use P2P platforms or third-party fiat-to-crypto onramps.
The primary advantage of buying cryptos with cards is the ultra-fast payment processing. Additionally, most exchanges do not charge a processing fee for card deposits or withdrawals. The downsides, however, include the high payment processing fees charged by credit card issuers. Like PayPal, cards also have relatively low maximum daily processing limits.
Buy Aave with Bank
Bank is the most accessible payment method in the world. This explains why virtually all the popular crypto trading platforms around accept bank deposits. Some, like eToro, don’t even have a maximum daily deposit limit for bank transfers. They also don’t charge a deposit processing fee.
The downsides of buying crypto with banks, however, include the fact that banks often charge high processing fees. They are also more bureaucratic. This implies that it will often take days before the transfer is reflected in your trading account. Further, exchanges often require a higher minimum deposit limit for bank transfers.
The Step-by-Step Guide to Buying Aave (AAVE) Tokens
In this section, we will expound on how to buy Aave on the eToro guide outlined earlier in this post. We will provide you with a detailed walkthrough of the crypto buying process on the all-popular eToro exchange.
Step 1: Create a crypto trading account
Start by creating a crypto trader account on eToro. It is simple. Hit the “Join Now” button on the eToro website or mobile trading app. Complete the registration form that pops up here.
It will only ask for basic personal information like name and address, phone number, and country of residence. It will also ask about your trading experience and income sources. You will then need to come up with a unique username and strong password for this account.
Step 2: Verify your identity
The registration process on eToro is only complete after you have verified your identity. Simply upload a photo of your government-issued ID – such as a passport or driver’s license. eToro will notify you of the account approval via email.
Step 3: Deposit funds into this account
Log in to the approved trader account and hit the “Deposit Funds” icon on your user dashboard. A funding tab will pop up indicating all the payment methods available to you – based on your country of residence. Choose one and follow the prompts to deposit at least $10 into eToro.
Step 4: Search for Aave
Once the payment is reflected in your account, hit the “Discover” tab on the user dashboard. This reveals all the payment options supported on eToro. Choose “Cryptos,” and from the list of supported digital assets, select AAVE.
Step 5: Buy Aave
Hit the “BUY” option against Aave. A trading tab will pop up. Use it to customize this trade by indicating how much you intend to invest in the altcoin. Then, hit the “Open Trade” button to execute.
Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.
Step 6: Set up and activate the eToro Money – mobile wallet app
The private keys for the AAVE tokens you just purchased will be deposited into the exchange-provided web wallet. This doesn’t support inbound or outbound crypto transfers to third-party exchanges or wallets. To move these funds, you first need to download and activate the eToro Money mobile wallet app.
Simply download the app and use the credentials created in Step 1 above to log in. Link the trading account with the wallet account and transfer funds to the latter. You will be charged a 0.5% crypto transfer fee (capped at $50). From here, you can transfer your crypto to any third-party exchange or wallet globally.
How to Sell Aave (AAVE) on eToro
The process of selling Aave on eToro is equally straightforward. Here is a breakdown of the step-by-step guide to selling cryptos like Aave on eToro.
- Step 1: Log back into the eToro trading account.
- Step 2: Hit the “Portfolio” icon on your user dashboard to reveal all your open crypto trades.
- Step 3: Choose “AAVE” and choose the “Close” trade option.
- Step 4: Indicate whether you want to sell a portion of coins or the entire position and hit “close” to execute.
Note: The cash equivalent of the Aave coins you just sold will be immediately deposited into your account. Use it to buy more crypto or simply withdraw it.
Conclusion – Where to Buy Aave (AAVE) in 2024
Aave is a massively popular digital asset. As such, it has been listed with virtually all the best crypto exchanges around. In coming up with this guide, we vetted all the top exchanges. We then provided you with an overview of what we consider the best places to buy Aave right now. We have also looked at its past price and expected price performance and discussed the top reasons to buy the altcoin today.
Want to jump straight to buying Aave right now? Follow the step-by-step guide to buying Aave that we have discussed above. This teaches you how to buy cryptos like Aave on eToro for as little as $10.
Reviewed and Fact Checked by Kamal Masri, Crypto Writer and Investment Analyst.
- Free Copy Trading of Professional Traders
- Best Place to Buy AAVE
- Minimum Deposit only $10
- Best Beginner exchange
- Open to US & Worldwide
Cryptoassets are a highly volatile unregulated investment product.
FAQs on Buying Aave Crypto
Where can I buy Aave tokens today?
Virtually all the popular crypto exchanges list AAVE tokens. Our top recommendation for the best place to buy Aave tokens would, however, be eToro. It is user-friendly, has low deposit and trade limits, and is transparent about the crypto trading fees.
Is Aave worth buying in 2024?
Yes, Aave is worth buying today because it has sold fundamentals that give it a hugely promising future. It is also worth buying because it is currently selling at a discounted price but is ready to explode.
Will Aave token prices rebound in 2024?
Aave has already proved its resilience and obedience to market trends. These have the crypto community convinced that AAVE prices will rebound and rally to a new all-time high in 2024.
What will Aave be worth in 2024?
There are many factors influencing Aave token prices. These make it hard to tell with utmost accuracy what Aave will be worth at the end of 2024. A growing number of analysts are, however, convinced that AAVE could break above $1000 if the markets start rallying.
How can I buy Aave tokens today?
It is simple. Start by creating a crypto trader account on eToro. To fund this account, click on Aave from the list of supported cryptos and hit the 'BUY' option. Customize this investment and press the "Open Trade" button.
Can I buy Aave on Crypto.com?
Yes, you can buy Aave tokens on the Crypto.com exchange.
Can I buy Aave on eToro?
Yes, you can buy Aave tokens on the eToro exchange.