Buy AAVE at true cost with USD, EUR, GBP and 20+ fiat currencies
Aave (AAVE) is listed on the Crypto.com App today, 28 October 2020. AAVE joins a growing list of 80+ cryptocurrencies and stablecoins on our App, such as Bitcoin (BTC), Ether (ETH), XRP, Cardano (ADA), Chainlink (LINK), VeChain (VET), USD Coin (USDC), as well as Crypto.com Coin (CRO).
In addition, deposits and withdrawals of AAVE have been enabled.
Aave is an open and non-custodial protocol based on ETH blockchain, where users can deposit and get interests, as well as borrow assets from money markets. Depositors provide liquidity by depositing cryptocurrencies into lending pools which will then allow them to earn interest. Meanwhile, borrowers can obtain loans by tapping into these lending pools in either an overcollateralized or undercollateralized way. The loans do not need to be individually matched. Instead, deposits into the pool and the amounts borrowed/ collateral are used to make instant loans based on the pool’s state.
Crypto.com App users can now purchase AAVE at true cost with USD, EUR, GBP and 20+ fiat currencies, and spend it at over 60M merchants globally using the Crypto.com Visa Card.
- AAVE is not available for residents of the United States.