Aave [OLD] (LEND)What's Aave [OLD] price? How much potential does it have? How to buy Aave [OLD]? And where can you buy it? Find answers to all of those as well as to many others questions related to it and discover cryptos in the same category. And see how LEND compares to Bitcoin based on its performance!
(Price data last updated about 4 hours ago)
Data last updated about 4 hours agoLEND All Time Low/High: €0.00297212 (+12779%) / €19.86 (-98%)
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Compare LEND and BTC performance
How popular is Aave [OLD] cryptocurrency?Aave [OLD] ranks 846th among all cryptocurrencies. It has a market cap of €13748335. The total trading volume within the last 24 hours was €171.31.
How much potential does it have?How much can Aave [OLD] grow? It's hard to say how much potential this cryptocurrency has exactly, but based on its circulating supply (35,947,025), it can theoretically grow at least 36481x before it would become more popular than Bitcoin. This means that based on LEND maximum potential it could reach €13964.2 before it would have to overtake Bitcoin.
How to buy Aave [OLD]?The easiest way to buy LEND is to use a cryptocurrency exchange. There are a lot of exchanges out there these days - both centralized and decentralized. And you can find this cryptocurrency in a number of exchanges these days. Currently there should be the very minimum of 2 Aave [OLD] exchanges available.
Where can you buy it?LEND should be listed in these exchanges: Sushiswap, Uniswap (v2).
Where can I find more information about Aave [OLD]?You can find more information about it through the crypto homepage and social media pages brought out on top of this page. And we always recommend you to do further research about the crypto yourself as well.
When was LEND created?According to our information LEND was created 30th November 2017.
What is Aave [OLD]?Aave is a decentralized lending platform that runs on Ethereum Network which offers secure, peer-to-peer lending Smart Contracts. Aave strives to break through the traditional bank loans system with a more efficient solution. Aave also uniquely allows a borrower and a lender to decide on important loan details that can eliminate the need of a middle man. Due to the elimination of middlemen, process fee for a loan does not exist on this platform. This provide convenience to any lender and borrower to create loans on their agreed terms. Decentralized lending has fixed many issues and one of the reasons why is the transparency of loan.
The Ethereum network provides a transparent ledger where all transactions are available to be inspected. Secondly, it isn’t necessary to find a trusted loan provider because all collateral which is the digital asset for loans are stored and locked in a smart contract and broadcasted on the public ethereum blockchain. It is also flexible for borrower to manage the collateral by refilling or withdrawing part of it. Borrower may make such changes when the lender is notified and aware of such movement. If the lender finds out that the action is not communicated, the lender is allowed to initiate a margin call.
This year, Aave has made a major upgrades in its Q1 2018. They have deployed the new development for their peer-to-peer lending application named Alpha 0.3. The development process of Alpha 0.3 has started since the early of 2017. The new release also includes a completely new user interface which targets to lower the learning curve of user experience on the app. Furthermore, the new user interface has new sections to make lending process simpler such as including a ‘My Loan’ section, collectible badges and more. Other than that, the team is also in the process of developing more updates for the smart contracts. Hence, the team has decided to provide zero-fee lending with the use of LEND token as a medium of exchange, as an alternative to borrowing in Ethereum. The purpose of this is to provide a cross-blockchain lending currency which will prompt users to use LEND as the medium of exchange.
|Market Cap: €13748335||Rank: #846||Volume: €171.31|
Aave [OLD] (LEND) live price chart
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How big was Aave [OLD] coin volume within the last 24h?
Aave [OLD] (LEND) last recorded volume was € 171.31.
How much has Aave [OLD] price changed during one year?
LEND price has changed during the last year -74.14 %.
Is LEND coin close to its All Time High price?
LEND all time high price (ath) is €19.86. Its current price is €0.382781. This means that the difference between Aave [OLD] (LEND) All Time High price and LEND current price is -98%.
What is the maximum price Aave [OLD] (LEND) could VERY theoretically reach?
LEND has a current circulating supply of 35,947,025. Based on our calculation LEND could reach up to €13964.2 before it would have to overtake Bitcoin. So in theory the potential for growth is 36481x its current value (€0.382781). However, keep in mind that the coin's actual potential is based on the value it provides to the user. So this is just a logical maximum potential price calculation for Aave [OLD] and in no way is it a prediction of any kind, far from it.
Where can you buy Aave [OLD]?
Aave [OLD] is currently listed on at least these crypto exchanges: Uniswap (v2), Sushiswap, FlatQube and possibly some others.