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Find out detailed information about the Aave (AAVE) and easily buy or sell at the real-time exchange rate.

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Aave(AAVE) price - exchange rate 9/23/2023 2:49 AM is 60.47 EUR. In dollars the price is 64.38 USD.

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This is for informational purposes only
This is for informational purposes only
1 AAVE =

How to buy Aave (AAVE)?

Follow 4 easy steps to purchase AAVE.


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Frequently asked questions

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What is the Aave (AAVE) price - exchange rate today?

On 2023-09-23 the current Aave price/exchange rate is 60.47 EUR.

What is Aave (AAVE) and how does it work?

AAVE is a decentralized platform based on the Ethereum network that allows users to borrow, lend and earn interest on crypto assets without any intermediary.

Aave is a system of smart contracts that enables assets to be managed by a distributed network of computers running its software. This means Aave users do not need to trust a particular institution or person to manage their funds.

Users who want to lend or borrow must pay a certain collateral. For example, if a person wants to borrow $100 worth of Ethereum, he/she must first make a deposit of more than $100 in another cryptocurrency. Collateral is placed in the so-called. lending pool, something like a mutual fund.

When someone wants to take a loan, they get the amount from this mutual fund.
To make the whole process easier, Aave issues 2 tokens:

AAVE cryptocurrency and aToken.

AAVE is the nativecryptocurrency within the Aave network. Users who use the AAVE token as collateral may receive a discount on transaction fees, while users who borrow the AAVE will not be charged a fee.

aTokens are issued when assets are deposited into Aave’s liquidity pool in a ratio of 1:1. They are marked according to the cryptocurrency stored. They are burned when they are restored.

How many Aave (AAVE) coins are in circulation?

At the time of writing this text there are 3,433,293 AAVE coins. The maximum supply of AAVE coins is 16,000,000.

What are the benefits of Aave (AAVE)?

One of the biggest advantages of the Aave network is easy lending and borrowing without the need for third parties.

Users can borrow more than 20 cryptocurrencies. Compared to other DeFi platforms, Aave has one of the largest cryptocurrency offers.

Also, a big advantage of the Aave platform is the security it provides to its users. In addition to loans, Aave provides users with the opportunity to earn passive interest income from the amount they deposit in a mutual fund (pool).

Another great benefit of Aave is “rate switching”. The user can choose between fixed and floating interest rates. The most popular choice are fixed interest rates because they provide protection in the event of large changes in prices in the cryptocurrency market.

How to mine Aave (AAVE)?

Aave is a decentralized open source platform that uses the Proof-of-Stake (PoS) protocol to validate transactions, meaning it can’tt be mined in the classic way (like Bitcoin).

Holders can lock a certain number of AAVE tokens into a shared pool and receive a certain reward in the form of interest.

Who is the founder of Aave (AAVE)?

Stani Kulechov is the founder of the Aave platform. Aave's predecessor was ETHLend. As a reason for founding the Aave platform, Kulechov cited a lack of applications for crypto loans on the Ethereum network.

How to buy Aave (AAVE)?

On the Bitcoin Store platform, you can easily buy Aave and more than 150 cryptocurrencies at the real-time exchange rate with the lowest fees.

First, you need to create and verify your account on the Bitcoin Store cryptocurrency trading platform to get full access.

After successful verification, you can deposit (EUR) to your Bitcoin Store Wallet.

Supported payment methods for deposit are:
  • internet or mobile banking
  • card deposits (VISA, Mastercard)
  • bank transfer
  • payment slip
  • cash payment in Bitcoin Store physical exchange office

Once we receive your payment, funds to purchase cryptocurrencies will be available on your Bitcoin Store Wallet, and you can start purchasing cryptocurrencies.

How to sell Aave (AAVE)?

On the Bitcoin Store platform, you can easily sell more than 150 cryptocurrencies from our offer at the current exchange rate.

You can instantly sell cryptocurrencies that are stored on your Bitcoin Store Wallet.

Cryptocurrency stored on personal wallets such as Exodus, TrustWallet, Ledger, Treasury, etc., or various trading platforms and must be transferred to your Bitcoin Store Wallet before selling.

Once the transfer is successful, you can sell your cryptocurrency. You can withdraw the funds directly to your bank account or keep them on your Bitcoin Store Wallet and use them for future cryptocurrency purchases.

Can I buy or sell Aave (AAVE) for cash?

You can buy and sell cryptocurrencies for cash in Bitcoin Store exchange offices in Zagreb, Rijeka, Osijek and Split.

Verifying your identity via ID card is not required for all transactions up to 1000,00 EUR.

You can deposit cash directly to your Bitcoin Store account in the exchange office. The deposit amount will be visible immediately and ready for your next cryptocurrency purchase.

Where can I store Aave (AAVE)?

You can store Aave in your digital wallet. When it comes to cryptocurrencies, digital wallets can be divided into 2 groups - Hot Wallets and Cold Wallets.

Hot wallets include:
  • desktop wallet
  • mobile wallet
  • online wallet

Cold Wallets include:
  • hardware wallet
  • paper wallet

You can also store AAVE on your own Bitcoin Store Wallet. The access and storage of cryptocurrency are free for all users who register on the Bitcoin Store Platform.

On Bitcoin Store Wallet you can:
  • store more than 150 cryptocurrencies
  • deposit, withdraw and store funds in EUR

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Bitcoin Store Wallet

Registered users have free access to the Bitcoin Store Wallet (digital wallet) on which you can safely store more than 170 cryptocurrencies. Simply make a deposit and withdraw funds or transfer crypto to other digital wallets.

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Aave price, investment and fees

Real-time Aave price 9/23/2023 2:49 AM is €60.47.

How often does the Aave (AAVE) price change?

Cryptocurrency prices are updated every second according to the rates of global stock exchanges. The exchange rate list of the Bitcoin Store platform shows the middle exchange rate for cryptocurrencies. When buying or selling cryptocurrencies, the buying or selling rate (with the fee included) will be displayed.

What is the fee for buying or selling Aave AAVE?

Bitcoin Store does not charge a commission when buying or selling cryptocurrencies. Cryptocurrencies are bought / sold exclusively at their buying or selling rate. Bitcoin Store exchange rate can vary by 1% to 4% compared to the rates of global exchanges. The exchange rate can be changed with respect to the requested amount when placing orders. Depositing and withdrawing funds from the Bitcoin Store Wallet is free of charge.

What payment methods do you support?

Bitcoin store supports buying / selling cryptocurrencies via: Bank transfer (SEPA), cash payment, Internet and mobile banking, Transferwise, Revolut (entering “Reference number” within the Reference field is mandatory)*.

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