How To Buy Aave UK – Buy Aave In Under 5 Minutes
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
Aave is a decentralized finance lender protocol that’s built on the Ethereum blockchain. Launched in 2017, Aave was set up to help lenders earn interest by depositing tokens into a liquidity pool. Despite the ups and downs in AAVE’s history, analysts believe the price will continue to rise in the long run.
In this beginner’s guide, we’ll show you how to buy Aave in the UK with a regulated and top-rated online broker.
Table of Contents
#1 Broker to Buy Aave – eToro
How To Buy Aave – Choose a Broker
Trading Aave is straightforward given that you choose a top-rated online crypto broker or exchange. Popular trading platforms allow you to buy AAVE in the UK with market-leading fees and low spreads.
So, let’s take a quick look at the five best online brokers and cryptocurrency exchanges that offer AAVE trading in the UK:
- eToro – Overall Best Broker to Buy Aave UK
- Coinbase – Best Crypto Exchange to Buy Aave for Beginners
- OKEx – Best Low-Cost Exchange to Buy Aave UK via a Crypto Deposit
- Binance – Best Cryptocurrency Exchange to Buy Aave with Low Commissions
- Coinjar – Best Crypto Exchange to Buy Aave UK with low crypto deposit fees
If you’re looking for thorough reviews of each crypto broker and exchange, then be sure to keep reading this guide!
$ =  AaveSort By Rating 3 Providers that match your filters Payment methods Features Usability Support Fees 1 or better Safety 1 or better Coin selection 1 or better Rating 1 or better Featured Broker  Rating for $ 100 you get 135.6300LEND Features
Fees Safety Coin selection Features     Payment methods      for $100 you get 135.6300 LEND CFDs are complex instruments and carry a high risk of losing money quickly through leverage. 75% of retail investor accounts lose money when trading CFDs from this provider.  Rating for $ 100 you get 136.3048LEND Features
Fees Safety Coin selection Features Payment methods   for $100 you get 136.3048 LEND 83% der Konten von Privatinvestoren verlieren beim Trading von CFDs bei diesem Anbieter Geld. Ihr Kapital ist im Risiko  Rating for $ 100 you get 136.7129LEND Features
Fees Safety Coin selection Features Payment methods for $100 you get 136.7129 LEND Es gibt keine Garantie, dass Sie mit diesem Anbieter Geld verdienen werden. Ihr Kapital ist gefährdet. |
How to Buy AAVE in the UK – A Quick Guide For 2022
Let’s have a look at a quick tutorial on how to buy AAVE in four easy steps:
- Step 1: Open a live brokerage account with eToro, a social trading platform that is home to over 20 million traders worldwide and regulated by the FCA.
- Step 2: Account Verification – In keeping with KYC (Know Your Customer) regulations simply upload your proof of identity and address.
- Step 3: Fund your Trading Account – Depositing funds into your eToro account is easy and simple as you can choose from a range of payment methods such as debit/credit card, bank transfer, or even PayPal.
- Step 4: Buy AAVE – Type ‘Aave’ into the search bar at the top of the screen, tap on ‘Trade’ and enter your preferred investment amount in USD.
Lastly, your AAVE purchase is completed once you tap the ‘Open Trade’ option. You can also hold your AAVE tokens in the eToro Money crypto wallet. At eToro, you can access a wide range of cryptos for trading. Crypto enthusiasts can build diversified portfolios with 17 of the most popular DeFi coins and tokens with the highest liquidity.
Furthermore, you can buy AAVE crypto on eToro with a minimum investment of just $25 instantly.
Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.
Where to Buy AAVE in the UK
By simply typing ‘Buy Aave’ in Google you will find a superfluity of relevant results related to online brokers and crypto exchanges offering the best deals and selection of crypto coins and tokens. But how do you decide which one is the best match for your trading goals and needs?
With this key question in mind, we’ll now cover five of the best online crypto brokers and exchanges on the market to buy Aave in the UK.
1. eToro – Overall Best Broker to Buy AAVE UK
Number one on our list is eToro as this social trading platform is perfectly suited to beginner traders who want to trade cryptos in a secure and regulated environment with competitive fees and commissions.
This copy trading platform was established in 2006, and since then more than 20 million traders use the eToro trading platform, which offers some of the lowest market-leading spreads in the online trading arena, as well as 0% commission-based investing. With a user-friendly platform available on both desktop and as a mobile trading app, eToro provides a user-friendly and simple trading experience. After all, creating an account, depositing and withdrawing funds, trading heaps of financial instruments such as stocks and cryptos, can be done in a few minutes from your mobile device anywhere at any time.
In terms of fees and commissions, eToro provides access to 0% commission trading on all supported tradable assets. When it comes to buying Aave and other crypto coins you will just have to pay the spread, which is the difference between the bid and ask price. At eToro, the current spread for trading Aave is just 3.9%. Furthermore, eToro facilitates low-cost trading as you can invest in AAVE with as little as $25 and gain ownership of a much more affordable portion of the popular cryptocurrency.
Maintaining its user-friendly and intuitive interface and trading structure, eToro simply offers two account types. You have a choice between a live trading account and a demo account that provides access to $100,000 of virtual currency, otherwise referred to as paper funds. Demo accounts, also known as paper trading accounts, are great educational tools for beginners to learn online trading. With a demo account you can practice your trade strategies in a simulated online trading environment without running the risk of losing your hard-earned capital. After you have familiarized yourself with the entire process you can set up a live brokerage account and buy AAVE tokens with market-leading spreads from the comfort of your own home.
For those interested in more of a passive approach to online trading, you will be pleased to learn that eToro offers two copy trading features including CopyTrader and CopyPortfolio. With eToro’s CopyPortfolio you can invest in either a theme such as cryptocurrencies or commodities, or a portfolio of seasoned eToro traders with just a few clicks. It’s important to note here that the required minimum investment for CopyPortfolio is $5,000. On the other hand, when using the CopyTrader feature you can browse through the public profiles of thousands of experienced investors and copy the trade strategies of up to 100 traders simultaneously, with a minimum investment of just $200.
When it comes to payment methods, eToro supports a variety of options for added convenience. These include credit cards, debit cards, PayPal, Neteller, Skrill, Rapid Transfer, iDEAL, Klarna / Sofort Banking, Bank Transfer, Online Banking – Trustly (EU region). While there are no account fees or deposit fees, eToro charges a $5 withdrawal fee. The only supported account base currency is USD, which means that you will have to pay a conversion fee, typically 50 pips when depositing or trading with non-USD fiat currencies. The deposit times also differ based on the chosen payment method; for instance, deposits made via PayPal are credited to your account instantly, while bank transfers typically take between 4-7 business days.
Is eToro safe? eToro is authorized and regulated by top-tier financial authorities such as the UK’s Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investments Commission (ASIC). Moreover, according to eToro, it holds 90% of all client funds in segregated bank accounts, in addition to offering negative balance protection.
When UK-based users open a trading account with eToro (UK) Ltd they are protected by the standards and regulations of the Financial Conduct Authority. The Financial Services Compensation Scheme (FSCS) covers UK traders up to $85,000 for cash and asset claims if the broker goes into liquidation. To sum everything up, eToro is the top online trading platform for investing in AAVE and other financial products, such as fractional shares, forex, and ETFs with 0% commission and competitive spreads.
Pros
- Trade 17 of the most popular cryptocurrencies with market-leading spreads
- Access heaps of stocks listed on 17 international markets with 0% commission
- Minimum investment when buying crypto coins is just $25
- Regulated by top-tier financial regulatory bodies including the UK’s FCA, CySEC and ASIC
- eToro supports a variety of payment methods for your convenience
Cons
- USD is the only available account base currency
Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.
2. Coinbase – Best Crypto Exchange to Buy Aave for Beginners
Coinbase is one of the names amongst the largest cryptocurrency exchanges out there, with a market capitalization of $47.92 billion and an average daily trading volume of over $1.4 billion, according to coinmarketcap.com. In April 2021, Coinbase (NASDAQ: COIN) went public on the NASDAQ exchange in a blockbuster IPO (initial public offering).
Coinbase raised more than $500 million from venture capital investors, who valued the crypto exchange at the $8 billion mark. Among those global shareholders are Tiger Global, Andreessen Horowitz, and Paradigm, an investment company focussed on the crypto sector.
When it comes to trading costs, the fee structure is somewhat complicated to understand especially for beginner traders. When you invest in crypto coins with an instant purchase via a credit card or other instant deposit you can expect to pay high fees as most of the costs emanate from the instant deposit methods that cost 3.99%. There is an additional Coinbase Fee which is the greater of either a flat fee or a variable percentage fee based on location, product feature, and payment method. The Coinbase flat fees are as follows:
| Buy/Sell Transaction amount | Flat Fee |
| $0 – $10 | $0.99 |
| $10 – $25 | $1.49 |
| $25 – $50 | $1.99 |
| $50 – $200 | $2.99 |
Let’s also take a quick look at Coinbase’s variable fees for UK-based clients and the various payment methods, in the table below:
| Standard Buy/Sell | Instant Buys (debit card only) | Bank Transfers (SEPA) – in/out* | Faster Payments | Instant Card Withdrawal |
| 1.49% | 3.99% | Free/€0.15 | Free | up to 2% of any transaction and a minimum fee of £0.55 |
As for non-instant purchases such as via bank transfers, Coinbase charges a spread of just 0.5% and no deposit fees. When it comes to account types, you can either choose a standard individual account, or a Pro account which is ideal for experienced crypto investors looking to trade large daily volumes.
At Coinbase, clients based in the UK can select from a range of convenient payment options such as debit cards, bank transfers (SEPA), and Faster Payments.
Is Coinbase safe? Coinbase adheres to all existing and applicable regulatory requirements set forth by each financial regulatory body in all the jurisdictions that it operates in. Another positive point to consider when evaluating Coinbase’s security is that it is listed on the NASDAQ exchange, which means that its financial records are publicly accessible. Coinbase is also a Money Services Business registered with FinCEN, and the company has stated its ongoing commitment to getting the appropriate licencing to comply with local laws and standards.
Pros
- User-friendly crypto exchange platform ideal for beginners and advanced traders
- Streamlined account opening process
- Supports debit cards and bank transfers
- No inactivity fees & $0 minimum deposits
- Registered as a Money Services Business with FinCEN
Cons
- 3.99% fee to invest in cryptos via debit card
Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.
3. OKEx – Best Low-Cost Exchange to Buy Aave UK via a Crypto Deposit
With its headquarters in Belize, OKEx was launched in 2014 by Star XU and since then has become one of the most popular crypto exchanges in the world. Originally based in China, the crypto exchange, along with its subsidiary OKCoin, moved to Hong Kong after China’s government outlawed the trading of initial coin offerings (ICOs). Consequently, OKEx is now focused on its international market reach.
When compared to other top-rated crypto exchanges like Binance, Coinbase, and Bithumb, OKEx has some of the lowest trading costs. Maker orders are limit orders placed in the order book before a trade. The order will not be fulfilled immediately if the BTC market price is 10,000 USDT and you place a maker order for 9,900 USDT. Rather, it is added to the order book.
| Tier | Total OKB holding | 30-day trading volume(USD) | Maker fee | Taker fee | 24h withdrawal limit (BTC) |
| Lv 1 | < 500 | < 5,000,000 | 0.080% | 0.100% | 500 |
| Lv 2 | ≥ 500 | < 5,000,000 | 0.075% | 0.095% | 500 |
| Lv 3 | ≥ 1,000 | < 5,000,000 | 0.070% | 0.090% | 500 |
| Lv 4 | ≥ 1,500 | < 5,000,000 | 0.065% | 0.085% | 500 |
| Lv 5 | ≥ 2,000 | < 5,000,000 | 0.060% | 0.080% | 500 |
At OKEx, you can buy AAVE in the UK within a matter of minutes using a variety of convenient and fast payment methods including debit and credit cards, PayPal, and bank transfers.
Is OKEx safe? At OKEx, the safety of user funds and assets is a top priority. The platform not only provides industry-leading security measures and technologies for its clients but it also supports an advanced security system for its internal crypto wallets. OKEx goes as far as to offer in-depth guides and tutorials regarding account security and how you can keep your digital assets safe on OKEx. Some of these security features include:
- Google Authenticator
- Mandatory 2FA
- Anti-phishing code
- Mobile verification
- Login password
- Email verification
- Funds password
OKEx uses the following service provider, Aux Cayes FinTech Co. Ltd, which is registered with the Seychelles Financial Services Authority (FSA). However, OKEx is not regulated by the UK’s FCA which means that UK-based clients are not protected by investor protection schemes such as the FSCS.
Pros
- Interact with other OKEx traders via social media groups like Facebook and Twitter
- Trade cryptos anywhere and anytime via the OKEx mobile app
- The minimum deposit is just 10 USDT
- Access a wide range of 150 cryptos like YFI, SUSHI, AAVE
- SA secure crypto cold wallet
Cons
- Not regulated or authorized by the FCA
Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.
4. Binance – Best Cryptocurrency Exchange to Buy Aave with Low Commissions
Binance, which was founded in 2017, has grown to become one of the world’s largest crypto exchanges, allowing users to buy, sell, and hold a whole variety of digital assets. Binance had a 24-hour trading volume of more than $50 billion, according to coinmarketcap.com. With around 13.5 million active users, traders have access to more than 150 cryptocurrencies, such as Bitcoin (BTC), Uniswap(UNI), Dogecoin (DOGE) and Ethereum (ETH).
With this in mind, Binance supports a vast number of cryptos, so whatever your preferred digital assets are you are likely to find them here. Crypto-to-crypto pairs make up the bulk of Binance’s tradable assets. Simply put, you can trade one cryptocurrency against another in the same way that you would trade cryptocurrency pairs in forex trading. Additionally, Binance supports a range of fiat markets thus allowing you to trade crypto-to-fiat pairs with ease.
You will need to deposit funds into your Binance account, if you wish to buy, sell, and trade digital assets at Binance. With that said, Binance accepts both crypto and fiat deposits depending on your region. Furthermore, you can choose from a range of payment methods such as via cryptos, credit and debit cards, and bank transfers. When it comes to trading and non-trading fees, UK-based users will be charged a 1.8% fee when depositing funds with a debit/credit card. On the other hand, when you deposit funds with a cryptocurrency you will only incur the blockchain fee on your side of the transaction.
Trading commissions are charged when selling, buying, and trading digital assets on the Binance platform. As is common practice amongst crypto exchanges, Binance also supports a maker-taker commission structure. But what are market makers and market takers? Traders act as either makers or takers based on whether they provide liquidity and hence increase the depth of the order book or if they take this liquidity on. Maker and taker fees are also called payment for order flow.
Compared to the majority of crypto exchanges across the board, Binance Futures has one of the cheapest taker fee models. Maker fee rates begin at a mere 0.02% and can be as low as 0.0000%. To trade with the lowest fee rates you have to have a 30-day trade volume of more than 750k BTC or 11k BNB tokens.
Is Binance safe? Just recently the UK’s Financial Conduct Authority clamped down on the crypto exchange after it banned Binance from conducting any regulated activity in the UK, amidst growing concerns over investing in cryptocurrencies. Binance responded to this by stating that the FCA ruling would have no direct effect on the services it offers on its website Binance.com.
Pros
- Facilitates high daily trading volume levels
- Offers heaps of crypto-to-crypto pairs
- Market-leading trading commission as low as 0.1% per slide
- Lower your trading fees with BNB tokens
- Debit/Credit card, local bank transfer deposits accepted
Cons
- Does not support deposits or withdrawals via e-wallets
Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.
5. Coinjar – Best Crypto Exchange to Buy Aave UK with low crypto deposit fees
Launched in 2013, CoinJar is Australia’s top-rated crypto exchange that has since expanded its focus to include UK markets, which means you can buy popular digital assets in the UK with a CoinJar account. This trusted exchange is ideal for beginner traders looking to buy AAVE in the UK with low fee rates and an easy-to-use platform. To demonstrate just how cheap it is to invest in cryptocurrencies on CoinJar, you can invest in AAVE with a minimum deposit of just £5. Therefore, you can cost-effectively build a diversified crypto portfolio.
When it comes to withdrawing and depositing money into your CoinJar account this is simple and easy as the exchange supports several convenient payment options. These include credit cards and debit cards which allow you to buy AAVE in the UK instantly. The instant purchase fee rate is 2% of the total transaction amount.
On the flip side, you can deposit funds into your CoinJar account via bank transfer which comes with the added benefit of $0 deposit fees. Then, once the funds are credited to your account, you can buy AAVE in the UK with 1% commission.
Is CoinJar safe? CoinJar has acquired licensing from the Australian Transaction Reports and Analysis Centre. At least 90% of all customers’ funds are held offline in geographically redundant secure locations, according to CoinJar. CoinJar also makes use of multi-signature technology to hold crypto assets in secure hot wallets.
Pros
- User-friendly platform ideal for beginners with little trading experience
- Access to 30+ cryptocurrencies
- Convenient mobile trading app
- £5 minimum deposit
- Vast majority of client crypto-funds are held in cold wallets.
Cons
- Experienced traders may find CoinJar too basic for their needs and trading goals
Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.
How to Buy AAVE in the UK – Detailed & Explained in Full
We’ll teach you how to buy AAVE in the UK in less than 5 minutes with the top-rated copy trading platform eToro in this segment of our beginner’s guide.
Featured Broker CFDs are complex instruments and carry a high risk of losing money quickly through leverage. 75% of retail investor accounts lose money when trading CFDs from this provider. Featured Broker  CFDs are complex instruments and carry a high risk of possible rapid loss of capital due to their leverage. 71% of retail investor accounts lose capital when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take high risk in losing your capital. 83% der Konten von Privatinvestoren verlieren beim Trading von CFDs bei diesem Anbieter Geld. Ihr Kapital ist im Risiko Select Broker Rating
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