Buy Aave
with Credit Card

These days, buying cryptocurrencies with a credit card has become more popular and important. Fortunately, with the presence of digital currency exchanges such as ours, there is no longer a problem to buy and sell various cryptocurrencies with a credit card. Perhaps the first piece of advice for beginners who intend to buy cryptocurrency is to try the methods of buying crypto assets with a credit card. In addition to the availability of credit cards for everyone, the lack of complexity and simplicity are other reasons to recommend this method for beginners. Other reasons could be:

•  Speed; A credit card purchase can be completed in a matter of seconds.
• Security; Credit cards are also very secure because they are not connected to your personal assets.
• Rewards and Bonus; Some credit card companies let you earn points or cash back on cash advances, so rewards could also be a benefit.

When the Aave coin was called LEND, its initial price was $0.01 per token. When the name changed to Aave in October 2020, every 100 LEND tokens were swapped to 1 Aave, and the price was around $50. Very soon, the Aave price rose to $87, which was due to the release of the new version of the protocol in December 2020, which made using the platform easier and more efficient. At the beginning of 2021, Aave continued to grow and reached $100, and only in a few months, it set a record of $638 per token in February of 2021. It showed that it was an excellent investment for Aave owners. Nevertheless, 2022 wasn’t that good for this coin because from the beginning of the year, it dropped to $256 and ended the year with a price of $62.

There are ups and downs in the history of all cryptocurrencies. Aave is not an exception. It was a good investment sometimes, but the price failure might make people rethink whether to buy this coin. First, no one can tell you if your investment will be profitable because the cryptocurrency world is volatile. However, crypto analysts and experts can give you hints about how the future might be for Aave. Most of them believe that the Aave price would rise to $180 by 2025 and might reach the highest value of $606 in 2030. Please note that these are only predictions and might not be %100 guaranteed.

By owning a Credit Card, anyone who uses our exchange, whether they are new to it or a seasoned user, can profit from using their Credit Card as a payment method. Thanks to the use of a Credit Card payment method, the usability of our exchange has been further enhanced and our exchange users now have access to a wider variety of payment options.

Aaave is a decentralized Ethereum-based lending platform launched in 2017 to give this opportunity to crypto owners to receive loans. The process is based on smart contracts, which means every step of borrowing and lending crypto is automated. The borrower should keep cryptocurrency assets as collateral and receive 80% of that amount as a loan. All the processes of calculating the loan terms and giving the loans to the borrower are done automatically via smart contracts. Therefore, no one has access to this process as a third party. The process of lending and borrowing is also done from liquidity pools. Thus, the borrower and the lender won’t know each other either. Aave network was called Ethlend but it was renamed to Aave in 2020.

Aave coin is the name of the native coin of this platform which is an ERC-20 token. The first token of this platform was called LEND token, which was released in November 2017. After the network was rebranded to Aave in 2020, the token name changed too. Every 100 LEND tokens are swapped with 1 Aave. This token is a utility coin, which allows its owners to vote on changes to the rules and policies of the network. Therefore, Aave coin owners are like stakeholders in this system and have the power to decide on important rules. Aave coin is not minable, the max supply of this crypto is 16 million tokens. It was ranked 9th in the list of top DeFi tokens by market capitalization in 2022.

Buying cryptocurrency using the Credit Card payment method on our exchange is simple and instant due to the speed of transactions. In order to use this payment method, you first need to have an account on our exchange website. From then, sign in to your account. Here, you will be able to see a list of digital coins available for your purchase. You should enter the amount of cryptocurrency tokens and charge your overall account funds by choosing the Credit Card method of payment, and at last, finalize your purchase.

To make the purchase of cryptocurrencies more convenient for the users of our exchange, we offer the Credit Card payment service as an easy method of electronic payment service. By using the Credit Card method through our exchange, the operations of buying any cryptocurrency can occur very quickly. This speed of transactions is also because payment with a credit card eliminates the long verification step required by some other payment methods.

Aave is a secure platform as safe as the Ethereum network. The use of smart contracts is both good and bad for this platform. First, it won’t let any third-party access your coins during the process of borrowing. But since Aave doesn’t offer insurance on its platform, somehow, user funds might not be protected. As a result, the coins that might have been sent to the wrong address or lost will not be reimbursed. However, this is not something you should worry about. As long as you want to keep your coins as an investment, having a secure wallet is the most important thing for you.