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How to buy Aave REN v1 token with credit card

Want to buy AREN, but don't know how to get started? Follow these easy steps! All you need is an email address and a credit card.

Ondefy offers the fastest way to buy Aave REN v1

Follow these steps to get started:

1. Enter Amount

2. Connect your email or wallet

3. Pay by credit card or bank transfer

What is Aave REN v1?

Aave REN is a token that is minted when deposited and burned when redeemed. It is pegged 1:1 to the value of the REN deposited in the Aave protocol. Aave REN can be stored, transferred, and traded freely. When the underlying asset is loaned out to borrowers, Aave REN accrues interest in real time, directly in the user's wallet!

How do I buy Aave REN v1 in 2024?

You can buy Aave REN v1 using credit card (Visa or MasterCard), bank transfer, Apple Pay or Google Pay. All you need to do is to choose a fiat currency, e.g. CHF, and enter an amount. A conversion rate is calculated for you. Once you are happy with the rate, tap the "Continue" button to get started. At this point, you will need to connect your email or wallet (if you are buying crypto for the first time, it will be easier for you to use your email, but Metamask and WalletConnect are also supported). Depending on wether Aave REN v1 is supported by our ramp provider, you may be invited to buy an intermediary token, that we will then swap to Aave REN v1 for you. In this case, you will first need to sign a permit in order to allow us to perform this swap on your behalf. Finally, you will be able to choose your payment method, and finalise your purchase. If this is your first time buying with Ondefy, you will need to complete a short KYC (Known Your Customer) verification.

Is it safe to buy Aave REN v1?

Your payment processing is securely handled by our partner Transak, and your purchased Aave REN v1 tokens benefit from the security of the blockchain. Nevertheless, as an investor you must assume the risk of owning cryptocurrencies, due to their inherent price volatility.