Securities.io is committed to rigorous editorial standards. We may receive compensation when you click on links to products we review. Please view our affiliate disclosure. Trading involves risk which may result in the loss of capital.
Table Of Contents
Aave is a decentralized lending system that helped drive interests in the DeFi sector to new heights. This next-gen protocol was one of the first to enable users to lend, borrow and earn interest on crypto assets. Best of all, there is no need for a middleman when you use Aave because the entire system is run autonomously via smart contracts that live on the Ethereum blockchain.
Since its introduction, Aave’s developers have taken great care to make their network accessible to all. The open-access and ease of use of this platform make it ideal for both institutional and retail investors. Consequently, Aave has grown to become one of the most popular DeFi apps in the world. To learn more visit our Investing in Aave guide.
How to buy Aave in 4 Steps
The whole process can take as little as 10 minutes and all you'll need is a smartphone or computer, photo identification and a means of payment.
- Compare Crypto Exchanges – We list the top 8 cryptocurrency exchanges that offer the ability to buy Aave (AAVE) with a credit card or bitcoin.
- Create an account – Verify your email address and identity
- Make a deposit – Debit Card, Credit Card, Wire Transfer, or Bitcoin
- Buy Aave – Use your funds to Buy AAVE
7 Best Exchanges to Buy Aave (AAVE)
1. eToro USA
This is a leading cryptocurrency exchange that has been operating since 2007 and is exclusively recommended for USA residents. They offer an unbeatable trading experience and have become popular for crypto trading.
eToro is registered with FinCEN in the USA as a money services business, which gives it a platform to expand its service offering within the US through its American entity, eToro USA LLC.
As you would expect eToro keeps you protected by using segregated bank accounts within top-tier financial institutions. This ensures that in the very unlikely event there were some financial issues at the broker, your funds would be fully protected. eToro also furthers this protection by providing negative balance protection as standard. This stops you from ever losing more money than you deposit in your trading account.
They offer trading opportunities for most USA residents excluding the states of Hawaii, Minnesota, Nevada, New York, & Puerto Rico.
eToro Disclaimer: eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.
Uphold is a top exchange in the United States & UK, Uphold is an experienced and extremely innovative trading platform that should be able to meet your needs for trading across a number of cryptocurrencies including Aave (AAVE). Beyond the ease of use and innovative features within the trading platform, what stands out about Uphold is the credibility it has gained in the industry.
Uphold offers both a desktop and mobile app trading experience that is extremely intuitive. The trading view is completely customizable with the assets that you trade the most, and is very easy to navigate while providing a modern feel on both desktop and mobile. It is a very popular and suitable choice, particularly for new traders.
Besides being visibly appealing, the Uphold trading platform allows you to place your trades with great ease. Just a couple of clicks and you can make trades directly from your deposit method without even having to wait for funds to clear to your account. This one-step ordering is another innovation from a company which prides itself on the usability of its platform. Uphold also provides the ability to execute limit orders.
Germany & Netherland residents are prohibited.
Uphold Disclaimer: Terms Apply. Cryptoassets are highly volatile. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong..
Paybis is designed for simplicity and is an extremely trustworthy starting point for buying Aave (AAVE) and other cryptocurrencies.
They have been operating since 2014 and have assisted numerous traders in beginning their crypto trading journey, offering the convenience of purchasing with just a credit or debit card. Unlike other exchanges where you buy tokens from other users, with Paybis, you purchase directly from them, making the process much simpler and smoother.
They are a truly global company offering services to residents from 180+ countries including Canada, Europe, UK, & USA.
The fees you will encounter here are good value and competitive with others in the sector depending on the payment method you use.
FinCEN Department of the Treasury, United States of America Money Service Business Registration: 31000224635628.
Founded in 2011, Kraken is one of the most trusted names in the cryptocurrency industry with over 9,000,000 users, and over $207 billion in quarterly trading volume.
From humble beginnings, Kraken now offers over 200 digital assets including Aave (AAVE). For more sophisticated investors Kraken also offers futures and margin trading.
Kraken has continued to evolve its platform, and its commitment to the industry by being one of the first exchanges to offer buying opportunities on new tokens.
Kraken offers trading access to over 190 countries including Australia, Canada, Europe, and is our most recommend exchange for USA residents. (Excluding New York & Washington state)
KuCoin is a well-known name in the industry, and one of the most competitive when it comes to fees and trading costs. The exchange has grown exponentially from its early days of offering only crypto to crypto trading. It now offers a varied range of services including a P2P exchange capability, and purchasing with credit or debit cards.
KuCoin currently offers Aave (AAVE) cryptocurrency trading as well as over 300 other popular tokens. It is often the first to offer buying opportunities for new tokens.
USA Residents are Prohibited.
Binance is one of the largest and most well-known cryptocurrency exchanges in the world. The benefits of purchasing Aave (AAVE) here are both lower fees than competing exchanges, and increased liquidity enabling you to buy and sell quickly to take advantage of market moving news.
This exchange is best for investors residing in Australia, Singapore, UK & internationally. Canadian & USA residents are prohibited.
Use Discount Code: EE59L0QP for 10% cashback off all trading fees.
Launched in 2018, WazirX is India’s biggest cryptocurrency exchange with over 6,o00,000 users, and is expanding rapidly. It is one of the most reputable exchanges to currently offer Aave (AAVE) trading opportunities and currently accept clients from all over the world. This exchange is part of the Binance Group, which ensures a high standard of quality.
USA residents are prohibited.
Daniel is a big proponent of how blockchain will eventually disrupt big finance. He breathes technology and lives to try new gadgets.
You may like
Investing In Aave (AAVE) – Everything You Need to Know
AAVE in Crypto IRA / 401k Retirement Accounts
How to Buy Compound | Buy COMP in 4 Steps (October 2023)
How to Buy Maker | Buy MKR in 4 Steps (October 2023)
“DeFi can Turn Traditional Financial System Upside Down” – Federal Reserve Research Paper
DeFi Projects Increasingly Subject to Hacks