How to buy Aave in Canada?

It doesn't matter if you are in Toronto, Montreal, Calgary or anywhere in between, NDAX gives you all the tools and support to buy and sell Aave in Canada.

what is Aave

Why buy AAVE?

While DeFi adoption continues to grow, and competition amongst platforms provides users with many different options, Aave continues to stand out. This is due to the value of crypto that is being lent and borrowed on the platform and unique features like Flash Loans.

One benefit to buying AAVE is being able to take part in the governance of the platform. Owners of AAVE can vote on changes to the protocol’s rules and policies and ultimately take part in the direction of the platform. Additionally, buying AAVE offers a few additional benefits - owners who use AAVE on the platform get a discount on fees and when used as collateral borrowers can increase the amount they borrow.

Investors also buy AAVE due to its decreasing supply. Over time, AAVE tokens are burned when the protocol collects fees. As usage of the platform increases the deflationary supply of the token can create an increase in its value.

Storing your Aave

After investing in Aave, the next step is to store your Aave in a secure cryptocurrency wallet. Depending on your own needs, investment amount and preferences, you can keep your Aave on an exchange, a physical hardware wallet or a software wallet.

You are free to transfer your Aave to a private wallet from NDAX. However, if you decide to store your Aave in your NDAX wallet, we have all the security measures in place to keep your Aave safe and secure.

What can you do with Aave?

pay for goods
Pay for Goods and Services

Online stores, merchants, restaurants, and retail environments continue to adopt AAVE and other cryptocurrencies as a means of payment.

invest and trade
Invest and Trade

On our exchange, AAVE can be traded directly with the Canadian dollar. You can also easily view and track your trading activity, performance, growth and profits.

use as a store
Use as a Store of Value

Investors are using AAVE as a store of value.

Why buy AAVE on NDAX?

We take the fear out of trading

NDAX’s security standards are among the highest in the Canadian FinTech industry.

NDAX holds the majority of digital assets offline in cold storage protected by multi-signature technology, provided by Ledger Vault, the global leader in security and infrastructure solutions for cryptocurrencies.

Hot wallets are protected by Multi-Party Computation (MPC) technology recognized by industry experts.

Grow your portfolio with NDAX’s recurring purchase feature

Set Aave recurring purchases to automatically buy AAVE to CAD each day, week or month. Set regular purchases as low as $10.

Aave investing in the palm of your hand

Download the NDAX mobile app to fund your account and start trading on-the-go from any iOS or Android device.

Gain control of your AAVE investments with advanced trading options

The cryptocurrency market is volatile. Avoid missing out on trades by using NDAX’s unique trading options:

Limit order

Buy or sell order executed at a specific price.

Stop order

Order to buy or sell once a cryptocurrency reaches a specific price point.

Trailing stop market order

Order that can be set at a specific dollar amount away from a cryptocurrency’s last price, bid or ask.

Trailing stop limit order

Limit buy or sell order triggered once a cryptocurrency touches a trailing amount set by the user.

Fill or kill (FOK) order

Trade that executes immediately and entirely at a certain price, but if it cannot fill the entire order immediately, it will be cancelled entirely.

Immediate or cancel order (IOC)

Trade that executes immediately and cancels any unfilled portions of the order.

Reserve order (Iceberg Order)

Large trade divided into multiple limit orders. The orders are split into visible and concealed amounts.

Are you ready to start trading AAVE