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AAVE/INR trading on WazirX

By June 13, 20232 minute read

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Namaste Tribe! 🙏

You can now buy, sell, and trade $AAVE in the INR market.

AAVE/INR trading is live on WazirX! Share this

What does it mean for you?

  • Deposits — You can deposit AAVE on WazirX.
  • Trading — You can buy, sell, and trade AAVE in our INR market. When you buy $AAVE, it will appear in your “Funds.”
  • Withdrawals — You will be able to withdraw AAVE in a few days after the listing.

About AAVE

Aave is a decentralized finance protocol that allows people to lend and borrow crypto.

Lenders earn interest by depositing digital assets into specially created liquidity pools. Borrowers can then use their crypto as collateral to take out a flash loan using this liquidity.

Aave (which means “ghost” in Finnish) was originally known as ETHLend when it launched in November 2017, but the rebranding to Aave happened in September 2018. (This helps explain why this token’s ticker is so different from its name!)

AAVE provides holders with discounted fees on the platform, and it also serves as a governance token — giving owners a say in the future development of the protocol.

  • Trading price (at the time of writing): $54.65 USD
  • Global Market Cap (at the time of writing): $781,761,712 USD
  • Global Trading Volume (at the time of writing): $37,729,158 USD
  • Circulating Supply: 14,426,009 AAVE
  • Total Supply: 16,000,000 AAVE

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Happy Trading! 🚀

Risk Warning: Crypto trading is subject to high market risk. Please ensure that you undertake sufficient risk assessment when trading newly listed tokens as they are often subject to high price volatility. WazirX will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.

Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.
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