Aave (AAVE) Trading Down 3.1% This Week

Aave (AAVE) traded down 2.1% against the U.S. dollar during the one day period ending at 15:00 PM ET on November 2nd. One Aave token can now be purchased for $138.27 or 0.00199044 BTC on popular cryptocurrency exchanges. Aave has a market cap of $2.07 billion and approximately $98.78 million worth of Aave was traded on exchanges in the last 24 hours. During the last seven days, Aave has traded 3.1% lower against the U.S. dollar.

Here is how related cryptocurrencies have performed during the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 0.4% against the dollar and now trades at $69,335.57 or 0.99811463 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.2% against the dollar and now trades at $69,298.75 or 0.99758465 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Aave Token Profile

Aave launched on October 2nd, 2020. Aave’s total supply is 16,000,000 tokens and its circulating supply is 14,971,813 tokens. Aave’s official Twitter account is @aave and its Facebook page is accessible here. The official website for Aave is aave.com. The Reddit community for Aave is https://reddit.com/r/aave_official and the currency’s Github account can be viewed here. Aave’s official message board is medium.com/aave.

According to CryptoCompare, “AAVE is a decentralized finance protocol built on the Ethereum blockchain that enables users to borrow and lend digital assets in the form of flash loans, while also providing users with a yield-generating market to earn interest from their crypto holdings. AAVE is secured by a collateral model and features a token staking model, allowing users to stake their tokens to earn rewards. The protocol is designed to be permissionless, trustless, and secure, providing users with a secure and transparent way to access DeFi services. AAVE (AAVE) token was created by Stani Kulechov and the Aave team in 2017.”

Buying and Selling Aave

It is usually not currently possible to purchase alternative cryptocurrencies such as Aave directly using US dollars. Investors seeking to trade Aave should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Aave using one of the aforementioned exchanges.

AAVE/USD price chart by TradingView